ECONOMIC CONDITIONS:
REGULATORY CHANGES: PSLRA enacted
PRESIDENT: Bill Clinton re-elected
SECRETARY OF THE TREASURY: Robert Rubin
SECRETARY OF STATE: Warren Christopher
SECRETARY OF DEFENSE: William J. Perry
SUPREME COURT:
CONGRESS: Speaker, Newt Gingrich (R)
FEDERAL RESERVE CHAIRMAN: Alan Greenspan
NY FEDERAL RESERVE: William J McDonough, President
HIGHEST PAID CEO: Lawrence Coss – Green Tree Financial
$65,580,000
Inflation adjusted: $86,752,000
BUSINESS ROUNDTABLE: John Snow, CEO & Chairman of CSX Corporation, Chairman; Donald Fites, CEO & Chairman of Caterpillar, Chairman
COUNCIL ON FOREIGN RELATIONS: Peter Peterson, Chairman
KEY BANK MERGERS: Wells Fargo and First Interstate; Chemical and Chase Manhattan; CoreStates Financial and Meridian; Bank of Boston and BayBanks; First Union and First Fidelity; First Union and CenterBank; Fleet and National Westminster Bancorp
KEY NON-BANK MERGERS: Ciba-Geigy and Sandoz; Westinghouse and Infinity Broadcasting; Union Pacific and Southern Pacific Rail Corp; Gillette and Duracell; CSX Corp and Conrail; Gencor and Billiton
CORPORATE GOVERNANCE: Bob Monks launches lens-inc.com and ragm.com websites; Stephen Davis launches Global Proxy Watch newsletter