Confidence Men: Wall Street, Washington, and the Education of a President
Page 65
Jefferson, Thomas, 261
Jobs Summit, 357
Johnson, Jim, 66–67, 68–69, 70–71, 80
Johnson, Katie, 229
Johnson, Lyndon B., 124, 138, 260, 370
Johnson, Simon, 439
JPMorgan Chase, 21, 27, 35, 43, 72, 89, 94, 101, 117, 123, 133, 167, 208, 209, 214, 235, 255, 285–86, 327, 393, 396, 399, 404, 406, 408, 409, 410–11, 413, 414, 416, 465
Kahneman, Daniel, 16, 62, 198
Kaptur, Marcy, 374
Kashkari, Neel, 46
Kaufman, Ted, 428, 429, 438
Keating, Charles, 71
Kelly, Mark, 467
Kennedy, Caroline, 70
Kennedy, Joe, 9, 328
Kennedy, John F., 15, 50, 157, 283, 326, 478, 480
Kennedy, Ted, 177, 194, 199, 262, 270, 315, 324, 368, 398
Kennedy, Vicki, 324
Kennedy Center for the Arts, 68
Kerry, John, 442–43
Keynes, John Maynard, 355
Khuzami, Robert, 394–95
King, Martin Luther, Jr., 28–29, 30, 129, 131, 468, 469
King, Mervyn, 45–46
Kingsdale, Jon, 310
Kissinger, Henry, 82, 422
Kohlberg Kravis Roberts, 224
Kohn, Donald, 213
Kronthal, Jeff, 38–39, 407
Krueger, Alan, 6–8, 16–17, 18–19, 30, 189–90, 193, 199–201, 215, 222, 228, 243–44, 263, 265–69, 282, 312, 313, 314, 348, 356–57, 363, 437, 450–52, 454, 473–75
Krugman, Paul, 184–85, 273–74, 275–76, 293, 314, 363, 439, 455
Kucinich, Dennis, 383
Kuttner, Robert, 37
Labor Department, U.S., 18
Levitt, Arthur, 168, 171
Lehman Brothers, 26, 40, 42, 47, 52–53, 54, 55, 59, 67, 92–93, 94, 95–97, 99, 100–101, 103, 104–5, 106, 108–9, 110, 112, 113, 118, 122, 189, 208, 225, 236, 255, 258, 326–27, 336, 341, 400, 409, 434, 458
Leibovich, Mark, 350
Levin, Carl, 238, 400–402, 403–4, 427, 430–31, 432, 438, 439
Levine, Dennis, 224, 240–41
Lew, Jack, 142–43, 147, 441, 460
Lewis, Ken, 94, 95–96, 102, 103, 104, 105–7, 124, 236–37, 248, 251, 252, 257–58, 286
Liddy, Ed, 214
Lincoln, Abraham, 13, 14, 35, 469
Lincoln, Blanche, 398–99, 400, 413, 427, 430, 431, 438, 439
Long-Term Capital Management, 23, 98, 169–70, 173, 341, 416
Loughner, Jared Lee, 467
Love, Reggie, 24, 48, 141
Luce, Edward, 375
Lukken, Walt, 410
Lundgren, Bo, 266
Lynch, Peter, 61, 224
Lynch, Stephen, 374
McCain, John, 66, 70, 71, 80, 92, 97, 113, 116–17, 119–20, 121, 122, 129, 154, 382, 462, 468
McColl, Hugh, 236
McConnell, Mitch, 115, 116, 462
McCrudden, Vincent, 470, 471
Mack, John, 45, 72, 99, 235
Macklin, James, 419
Magaziner, Ira, 191
Markey, Edward, 239–41
Marshall, George C., 421–22, 426
Martin, William McChesney, Jr., 426
Massachusetts Health Connector, 310
Medicaid, 138–39, 195, 259, 262, 322, 345, 386, 387
Medicare, 138–39, 195, 262, 321, 324, 345, 385, 386, 387
Medicare Prescription Drug Improvement and Modernization Act (2003), 198
Meet the Press, 243, 244–45
Merkley, Jeff, 430–31, 432, 438, 439
Merrill Lynch, 28, 38–39, 41–42, 44, 92, 94–95, 99–100, 101–2, 103–4, 105–6, 107, 108, 109, 236, 251, 252, 257–58, 405, 406, 407
Messina, Jim, 165, 307–8, 315, 317, 345, 460
Metrick, Andrew, 87, 88, 89, 348–49
Metrick, Richie, 88
Milbank, Dana, 380–81
Milken, Michael, 224, 235–36
Mohammed, Khalid Sheikh, 380
Mondale, Walter, 66, 67
Montgomery Bus Boycott, 28
Moody’s, 73, 112, 225, 306, 363, 417, 429
Moore, Michael, 343–44
Morgan, James, 422
Morgan, John Pierpont, 290
Morgan Stanley, 28, 45, 72, 96, 99, 113, 123, 209, 235, 285–86, 396, 397, 399, 405–7, 408
Morris, George, 468
Moses, Herb, 70
Mozilo, Angelo, 70, 80
Murkowski, Lisa, 430
NAFTA, 135, 149
Naro, Sal, 25–27, 73, 448
National Bureau of Economic Research, 82
National City Bank of New York, 208, 209
National Commission on Fiscal Responsibility, 387, 476
National Economic Council (NEC), 84, 142, 143, 148, 151, 152, 181–82, 199, 200–201, 214, 314, 348, 452, 455
National Finance Committee, 11
National Industrial Recovery Act, 161
National Security Council, 181–82
NatWest, 235
New Deal, 260
Newman, Dennis, 369
Newport, Frank, 450
New York Federal Reserve, 56, 72, 89, 98, 105, 106, 210, 373, 374
Nixon, Richard, 36, 67, 83, 124, 125, 155
Obama, Barack, 3–4, 5–12, 13–19, 23–25, 27–28, 29–30, 31–37, 39–41, 43, 47–52, 66, 71, 77–81, 85, 87, 92–93, 97–98, 104–5, 109, 113–14, 116–17, 119–20, 121–22, 125–32, 133–36, 137, 140, 141–43, 144–49, 150–52, 154–58, 161–62, 163, 164, 169, 176, 177, 178–81, 182–91, 192–93, 194–96, 200, 203–4, 213–14, 215, 218–20, 223, 227–29, 230, 233–35, 238–39, 241–43, 246–47, 249, 251–53, 259–63, 265, 266, 268, 269–70, 271–72, 273–79, 281, 283–84, 285, 288–89, 292, 293–96, 300, 301–2, 304, 305, 306–7, 308–9, 311–13, 314, 315, 316–17, 318, 321, 322–27, 329, 331–33, 335, 336, 338–39, 343, 344–45, 347, 349, 350–56, 357–59, 363, 364–65, 366–67, 369, 370–72, 374–75, 376–78, 380–85, 388–89, 390, 396–97, 407, 433, 437–40, 441–42, 444–50, 451–55, 456, 457–66, 467–69, 471, 472, 477, 478–82
Obama, Michelle, 32, 49, 77, 81, 97, 125–26, 130, 132, 150, 273–74, 359, 445
Office of Management and Budget (OMB), 7, 140, 141, 142, 262, 279, 312, 315–16, 441, 460
Office of the Comptroller of the Currency (OCC), 210, 211
Ogletree, Charles, 77–78
O’Neal, Stanley, 38–39, 41, 42, 99, 103, 252, 407
O’Neill, Paul, 117, 462–63, 476
O’Neill, Tip, 142
Orszag, Peter, 7, 136–38, 139–43, 146, 150, 152, 154, 176, 177–78, 182, 195, 260, 262, 263, 268, 269, 277, 278, 279, 293, 296–97, 301–2, 304, 307, 315–16, 317, 321, 324, 325, 332, 339, 346, 348, 352, 353–54, 365, 379, 385–89, 441, 442, 446, 453, 464, 472
Palin, Sarah, 92, 116, 334, 467
Pandit, Vikram, 98, 207, 209, 212, 231, 235, 422
Panetta, Leon, 133, 134
Panic of 1825, 97
Panic of 1907, 170, 290
“Panic of 2007, The” (Gorton), 90
Parsons, Dick, 189
Patient Protection and Affordable Care Act, 384–85
Patrick, Deval, 369
Paul, Rand, 456
Paulson, Hank, 38, 43–44, 45–47, 52, 59, 72, 93, 94, 95–97, 98, 99, 100, 103, 108, 109, 114–16, 119, 120–21, 122–24, 133, 142, 146, 154, 167, 209, 236, 237, 251, 257, 258, 304, 411, 476, 477, 478
Paulson, John, 394
Pear, Robert, 296
Pelosi, Nancy, 114, 115, 120–21, 135, 157, 318, 346, 370, 371, 380, 382–83, 455
Pennsylvania Railroad, 425
Peterson, Pete, 333–34
Pfeiffer, Dan, 325
PhRMA, 292, 308, 318
Pimco, 87, 408, 435
Plouffe, David, 51, 52, 460, 461
Podesta, John, 133–34, 190, 191–92, 220, 271–72, 316, 317
Polley, Malcolm, 92
Powell, Colin, 407
President’s Economic Recovery Advisory Board (PERAB), 151, 340–41, 342
, 350, 447, 452
PricewaterhouseCoopers, 346–47
Primerica, 208
Prince, Charles, 99
Pritzker, Penny, 80
Public-Private Investment Program (PPIP), 187, 220, 234, 243, 244, 255, 306
Raines, Franklin, 68–69
Ranieri, Lewis, 38–39, 59, 60, 61, 224, 409
Rattner, Steven, 223, 227, 228, 229, 231
Reagan, Ronald, 35, 36, 66, 67, 124, 125, 155–57, 219, 283, 287, 333, 463, 468, 481
RealNetworks, 166
Reconstruction Finance Corporation, 118
Reich, Robert, 36, 117, 143, 144, 146, 153
Reid, Harry, 114, 115, 370, 383, 431
Reinhardt, Carmen, 274
Reno Gazette-Journal, 155
Republican Party, 10, 49
Reserve Primary Fund, 113
Resolution Trust Corporation, 218
Rhodes, Ben, 324
Rivera, Dennis, 292, 293
Rivlin, Alice, 162
Roberts, John, 10
Rockefeller, David, 422, 426, 427
Rockefeller, John D., 427
Rogoff, Ken, 153, 273–75
Roll, John, 468
Rolling Stone, 8–10
Romer, Christina, 149–51, 152–53, 182, 196, 201, 202, 204, 212, 214–15, 216, 217, 218, 219, 246, 247–48, 249, 250, 255, 268, 273–74, 275–77, 278, 282, 339, 349, 351, 352, 353–55, 356, 358, 363, 379, 388, 441, 444
Romer, David, 149, 151
Romney, Mitt, 262, 369
Roosevelt, Franklin Delano, 9, 12, 31, 66, 67, 89, 118, 124, 151, 161, 208, 215, 222, 235, 260, 283, 284, 290–91, 328, 427, 437, 480
Roosevelt, Teddy, 190, 384, 427
Rose, Charlie, 448
Rouse, Pete, 49–50, 51, 52, 133, 134, 136, 177, 179, 340, 364, 375–79, 381, 389, 441, 443, 449, 452, 460–61, 465–66
Rubenstein, David, 410
Rubin, Robert, 36, 37, 83, 99, 117, 137, 142, 146, 147, 149, 168, 169, 171, 172, 182, 189, 207, 244, 280, 316, 476
Rubio, Marco, 456
Russert, Tim, 32
Rustin, Bayard, 29, 468
Ryan, Paul, 260, 382
Sachs, Jeffrey, 273–74, 275
Sachs, Lee, 201–2, 214, 249, 250
SAFE Banking Act, 428–29
Safford, Dave, 334
Safford, Lynn, 334–36
Safford, Matt, 334
Sailfish, 25–27, 42
Salomon Brothers, 20, 38–39, 59, 208, 236, 329
Samuelson, Paul, 83
Sanders, Bernie, 238, 297, 298, 310, 429
Santelli, Rick, 334, 336
Sarbanes, Paul, 170
Sarbanes-Oxley Act, 170
Schapiro, Mary, 204–5
Schiliro, Phil, 216, 310, 322–23, 376, 381
Schmidt, Eric, 117
Schumer, Charles, 439
Schumpeter, Joseph, 16
Schwartz, Alan, 88, 89
Sebelius, Kathleen, 261
Securities and Exchange Commission (SEC), 9, 36, 327, 329, 373, 394–95, 396, 398, 424
Selib, Jon, 345
September 11, 2001 terrorist attacks, 130
Service Employees International Union (SEIU), 292
Sexton, John, 455
Shelby, Richard, 115, 305, 429
Shiller, Robert, 56, 57, 59
Shulman, David, 25, 27
Siegel, Martin, 224
Simpson, Alan, 387–88, 476
Smith, Adam, 342
Smith Barney, 208, 287, 406
Snow, John, 476
Snowe, Olympia, 213, 270, 322–23, 332
Social Security, 222
Socíeté Générale, 232
Sonny (Carmine Visone’s client), 54–55, 56, 57–58, 59
Soros, George, 24
Southern Christian Leadership Conference, 28–29
Spector, Warren, 40
Sperling, Gene, 215, 244, 250, 356, 365
Spine Patient Outcomes Research Trial, 321
Spitzer, Eliot, 32
Stamp Act, 332
Standard & Poor’s, 112, 306, 417, 429
Standard Oil of New Jersey, 427
START II, 462
State Street, 123
Stephanopoulos, George, 242–43, 264
Stewart, Jon, 343, 452
Stewart Capital Advisors, 92
Stiglitz, Joseph, 153, 273–74, 314, 363
Sullivan & Cromwell, 253, 410
Summers, Lawrence, 7, 9, 36, 82–85, 91, 117–19, 143, 146, 147, 148–49, 151–53, 163–64, 167, 168, 169, 171–72, 174, 178, 182–83, 184, 185, 186, 188, 196–97, 198, 199–200, 201, 202, 203, 204, 212–13, 214, 215, 216–20, 223, 227–28, 229, 230, 235, 238–39, 244, 246, 247–48, 249, 255, 262, 268, 273–74, 275, 276, 277, 279, 280, 281, 282, 288, 297, 298, 301–2, 304–5, 312, 313, 314–16, 317, 329, 339, 340, 343, 344, 345, 348–49, 350, 351, 352, 353, 354–57, 363–64, 365, 376, 378, 379–80, 387–89, 395, 396, 397, 413–14, 429, 433, 441, 444, 446, 452–53, 454, 459, 460–61, 478
Superior Bank, 80
Supreme Court, U.S., 10, 78
Swagel, Phillip, 46
Taibbi, Matt, 439
Talbott, Scott, 334, 443
TALF (Term Asset-Backed Securities Loan Facility), 220
Tapper, Jake, 363
Tarbell, Ida, 427
Tarullo, Dan, 15
Tauzin, Billy, 198–99, 308, 317, 318
Tea Party, 317, 334–36, 368, 372, 456, 477
Tennessee Valley Authority, 161
Tester, Jon, 270
Thain, John, 42, 45, 94, 99, 100, 101, 102–4, 105–6, 107, 109, 123, 251, 252, 258
This Time Is Different: Eight Centuries of Financial Folly (Rogoff and Reinhardt), 274
This Week, 242
Thune, John, 50
TIAA-CREF, 45
Travelers, 37, 208
Travelers Group, 208
Treasury Department, U.S., 4–5, 43, 44, 45, 46, 69, 70, 75, 95, 108, 115, 116, 122, 123, 133, 143, 146, 147, 148, 151, 163, 164, 169–70, 181, 185, 203, 204, 209, 213, 214, 218, 233, 242, 243, 244, 246, 247, 248, 249, 250, 254, 255, 263–65, 279–80, 281, 297, 304, 311, 312, 328, 344, 349, 373, 374, 379, 392, 393, 398, 409, 412, 458, 476
Troubled Asset Relief Program (TARP), 46, 114–17, 120–21, 122–24, 142, 167, 181, 185, 186, 202, 209, 219, 221, 233, 239, 250, 257, 259–60, 263, 266, 286, 304, 306, 312, 343–44, 412
Truth in Securities Act, 161
Turner, Adair, 342
Tversky, Amos, 198
Tyson, Laura, 36, 144, 146, 153
UBS, 19–20, 21–22, 25, 26, 28, 31, 35, 98, 144, 334, 374, 447
UBS Americas, 20, 31
Umbdenstock, Richard J., 294
United Auto Workers, 226
U.S. Bancorp, 235
Varley, John, 96
Viniar, David, 436
Visone, Carmine, 52–55, 57–59, 110–11, 336–37, 417–20
Voigtman, Jon, 434–37