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U.N. Oil-for-Food program inquiry begins

UNITED NATIONS, April 21 (UPI) -- An international panel began investigation Wednesday into alleged wrongdoing in the U.N.-run Iraq Oil-for-Food Program.

U.N names 3 to oil-for-food inquiry panel

UNITED NATIONS, April 16 (UPI) -- U.N. Secretary-General Kofi Annan has asked three people to join a panel investigating allegations of corruption in the Iraq Oil-for-Food program.

The Bottom Line: Whither the dollar?

WASHINGTON, Nov. 10 (UPI) -- Few issues are more important for emerging market investors than the value of the U.S. dollar.
GREGORY FOSSEDAL, UPI Business Correspondent

The Almanac

Today is Friday, Sept. 5, the 248th day of 2003 with 117 to follow.
By United Press International

Interview: Preston Martin on the Fed

WASHINGTON, June 10 (UPI) -- Preston Martin was Vice Chairman of the Federal Reserve Board of Governors in 1982-86, former of the "Gang of Four" that pushed Fed Chairman Paul Volcker to an easier money stance in February 1986. Since he was in town promoting his new book "The complete
MARTIN HUTCHINSON, UPI Business and Economics Editor

Analysis: Betting on the falling dollar

WASHINGTON, May 20 (UPI) -- The re-election economic strategy of the Bush administration is now clear: continue to slash taxes in the expectation this will boost business confidence and jump start the economy.
MARTIN SIEFF, UPI Senior News Analyst

Analysis: Switzerland's cheesy economy

SKOPJE, Macedonia, April 30 (UPI) -- Last month, Switzerland's annual rate of inflation dipped to 1.3 percent. Once a cause for celebration, it is now construed to be a worrisome sign of lurking deflation. Growth has been below trend for years now. Demand is ever weakening and capacity is i
SAM VAKNIN, UPI Senior Business Correspondent

Washington Agenda-General

UNITED PRESS INTERNATIONAL
By United Press International

Volcker: No easy fix for corporate ills

WASHINGTON, Feb. 11 (UPI) -- Former Federal Reserve Board chief Paul Volcker says fixing the institutional problems that underlie recent corporate scandals remains a significant challenge for corporations and regulators. He also said that the failure of free and open trade to provide
CHRISTIAN BOURGE, UPI Think Tanks Correspondent

Washington Agenda-General

UNITED PRESS INTERNATIONAL
By United Press International

UPI's Capital Comment for Feb. 4, 2003

WASHINGTON, Feb. 4 (UPI) -- Capital Comment -- Daily news notes, political rumors and important events that shape politics and public policy in Washington and the world from United Press I

Executive Business Briefing

Here is a look at some of Friday's top business stories.

Washington Agenda-General

UNITED PRESS INTERNATIONAL
By United Press International

Analysis: Franklin Delano Hoover?- II

WASHINGTON, Nov. 7 (UPI) -- There are only a few things the Bush administration can usefully do, faced with the difficult economic situation and probability of a worsening "double-dip" recession/depression. The options can be divided into the mitigation of dangers, the avoidance of
MARTIN HUTCHINSON, UPI Business and Economics Editor

The Bear's Lair: The age of gerontocracy

WASHINGTON, Oct. 15 (UPI) -- It was a period of youth and excess, when twenty-somethings became billionaires, dress became casual, profits became unnecessary and accounting principles became infinitely flexible. It has ended, and a very different world is taking its place.
MARTIN HUTCHINSON, UPI Business and Economics Editor
Page 6 of 8
Photos
Paul Volcker
Paul Volcker, chairman of the President's Economic Recovery Advisory Board testifies before the Senate Banking Committee hearing on ways to modernize the U.S. financial regulatory system on Capitol Hill in Washington on February 4, 2009. UPI/Roger L. Wollenberg
Wiki

Paul Adolph Volcker, Jr. (born September 5, 1927) is an American economist. He was the Chairman of the Federal Reserve under United States Presidents Jimmy Carter and Ronald Reagan from August 1979 to August 1987. He is widely credited with ending the high levels of inflation seen in the United States in the 1970s and early 1980s. He was the Chairman of the Economic Recovery Advisory Board under President Barack Obama from February 2009 until January 2011.

Volcker was born in Cape May, New Jersey, the son of Alma Louise (née Klippel) and Paul Adolph Volcker. His grandparents were all German immigrants. Volcker grew up in Teaneck, New Jersey, where his father was the township's first municipal manager. As a child, he attended his mother's Lutheran church, while his father went to an Episcopal church. Volcker graduated from Teaneck High School.

Volcker's undergraduate education was at Princeton University; he graduated in 1949. He earned his M.A. in political economy from Harvard University's Graduate School of Arts and Sciences and Graduate School of Public Administration in 1951 and then attended the London School of Economics from 1951 to 1952 as a Rotary Foundation Ambassadorial Fellow, under the Rotary's Ambassadorial Scholarships program.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Paul Volcker."
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