ECONOMIC CONDITIONS:
REGULATORY CHANGES:
PRESIDENT: Ronald Reagan
SECRETARY OF THE TREASURY: James Baker
SECRETARY OF STATE: George P. Shulz
SECRETARY OF DEFENSE: Caspar Weinberger
SUPREME COURT:
CONGRESS: Speaker, Tip O’Neill (D)
FEDERAL RESERVE CHAIRMAN: Paul Volcker
NY FEDERAL RESERVE: E Gerald Corrigan, President
HIGHEST PAID CEO: T Boone Pickens – Mesa Petroleum
$22,956,000
Inflation adjusted): $44,542,000
BUSINESS ROUNDTABLE: Robert A Beck, CEO & Chairman of Prudential, Chairman
COUNCIL ON FOREIGN RELATIONS: Peter Peterson, Chairman
KEY BANK MERGERS: Bank of Boston and Colonial; Bank of Boston and Rhode Island Hospital Trust; Bank of New England and Connecticutt Bank and Trust; Citizens and Souther Georgia and Citizens and Souther National Bank of SC
KEY NON-BANK MERGERS:
CORPORATE GOVERNANCE: Bob Monks serves as Administrator of the Office of Pension and Welfare Benefit Programs; founds Institutional Shareholder Services (ISS), joined by Nell Minow