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�Lone Term InYestment Panel
President-elect Bill ClintQD
Vice President ..elect AI GoreJJr.
Andrew Brimmer
J(alhleen S,afford
Barbara Wilson
Sandy Robertson
John Young
Hipolito Roldan
Sec. of Ihe Tre..ury Lloyd Benlsen
Isabel Sawhill *
Brenda Shockley
John S. Reed
Sec. of Labor Robert Reich
Chair of CEA Laura Tyson
Chief Wilma Mankiller
Bruce Ratner
Evelyn Lee
Felix Roharyn '"
Dr. George Hat50poulos.
Virginia Nelson
Tony Sanchez
John Sweeney
Rev. William Gray '"
Economic Policy Advisor Robert Rubin
Director of OMB Leon Panetta
Donald Tyson
Wilbur Hawkins
Jerry Pearlman
Carol Banz
Ann Kaplan
Robert Kuttner
Sec. of Commerce Ron Brown
'" ::;:. Presenter
Podium
Otber presenters
L
, Henry Aaron
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4.
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�. Long Term Investment
Company
Name
'* Mr.
Berry Aaron (rJtlJ"" ~~)
Carol Bartz
Andrew Brimmer
'f< Rev. William Gray
Dr. George Hatsopoulos
Mr. Wilbur Hawkins
Ms~
Mr.
Ms. Ann Kaplan
Mr.
Ms.
Ms.
Ms.
Mr.
Mr.
Mr.
Mr.
1(- Mr.
Mr.
Mr.
~ Dr.
Ms.
Ms.
Mr.
Mr.
Ms.
Mr.
Robert Kuttner
Evelyn Lee
Wilma Mankiller
Virginia Nelsen
Jerry K. Pearlman
Bruce C. Ratner
John S. Reed
Sandy Robertson
Felix G. Rohatyn
Hipolito Roldan
Tony Sanchez
Isabel V. Sawhill
Brenda Shockley
Kathleen Stafford
John Sweeney
Donald J~ Tyson
Barbara Wilson
John A. young
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Category
St
Phone I
Brookings
Autodisk
Brimmer Company
United Negro college
Thermoelectron
Community Diversity
Goldtnah Sachs
The American
Only in utah
Cherokee Nation
North Dakota Micro
Zenith Electronics
Forest city Ratner
Academia
High Tech
DC
CA
Academia
Non Profit
DC
DC
High Tech
MA
TN
202-797-6000
415-331-0356
202 342 6255
202-737-8623
617-642-1000
901-577-2600
212-902-6563
617-547-2950
801-582-3108
918-456-0671
701-667-2008
708-391-8082
718-722-3500
212-559-2732
415 781 9700
212 632 6122
312-443-1360
512-722-8092
202-857-862'
213-294-2355
805-499-5725
202-898-3000
501-756-4511
208-385-2628
415-857-2114
Citicorp
Robertson~
Coleman,
Lazard Freres and
Hispanic Housing
Sanchez, O'Brien Oil
The Urban Institute
Community Build,
Amgcn Inc.
SEIU
Tyson Foods, Inc.
US West
Hewlett Packard Co.
Non Profit
finance
NY
Academia
Small Business
Business
Small Business
MA
UT
OK
ND
High Tech
IL
"IE,
NY
NY
Commercial
Investment
Investment
Non profit
commercial
Academia
Non Profit
High Tech
Labor
Agribusiness
Telecommunicati
High Tech
CA
NY
IL
TX
DC
CA
CA
DC
AR
1D
CA
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WORKING GROUP Ill; INVESTMENT FOR LONG TERM GROWTH; DEFICIT
RED!.lCIIQN
Presenters:
William Gray
Henry Aaron
Felix Rohatyn
lsab€l Sawhill
Panelists:
Bartz. Carol
Sausalito, CA
President, Chairman and C.E.O. of Autodesk Inc. (since 1992)
Autodesk is the world leader in computer-aided design software.
Former Vice President for worldwide field operations. Sun Microsystems.
Autodesk sells to manufacturing firms dependent on a strong
industriai infrastructure. As a result, she is not as interested in short
term gains as she is in seeing prolonged investment in infrastructure,
She was very enthusiastic.
Washington, DC
Brimmer. Andrew F.
President of Brimmer and Company, Inc. (econoraic and financial
conSUltants)
Professor of Econoraics, University of Massachusetts, Amherst
Public Governor and Vice Chairman, Commodity Exchange, Inc.
Co-Chair National Comraission on Financial Institutional Reform,
Recovery and Enforcement
Member, Board Governors of the Federal Reserve System (1966
1974)
Mr. Brimmer long term strategies must start with investment in
private R&D translating into changing technology. He is concerned
with the lag in R&D; there should b€ a subsidy to encourage
innovative research. He favors an R&D credit.
Mr. Brimmer also feels the recent improvements in econoraic
indicators are a bubble; and that the growth rate ,'ViII subside again
to 1.5% or 1.75% growth, As a result, there will be no long term
improVEments in jobs. Therefore, he is also interested in short-term
stimulus as well.
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HatsoDoulos. George N.
Boston. MA
Founder, Chairman and President of Thermo Electron Corporation
Thermo manufactures environmentai and analytical instruments,
aiternative-energy power plant, cogeneration systems, industrial
process and power equipment, and biomedical products.
Board of the Federai Reserve Bank of Boston 1982-1989 (Chairman
in 1988-89)
Wrote severai books and articles about thermodynamics and energy.
Served as board member on numerous committees and testified at
many congressionai hearings on nationai energy policy
Interested in improving private investment in fixed capital and R&D.
The R&D gap between the U.S. and other countries is grOwing
dramatically; Interested in options for improving capital formation.
Hawkins. Wilbur F.
Memphis, TN
Regional Manager for Community Diversity Development, Tennessee
Valley Authority
Fonner Executive Director, Lower Mississippi Delta Development
Commission ~ congressionally chartered project to attract attention to 219
counties in the Delta region. Resulted in "The Body of the Nation" and
"The Delta Initiatives."
Kaplan. Ann
New York City, NY'
General Partner, Goldman, Sachs & Co.
Heads Municipal Finance Department's general banking activities in
Eastern US. Senior responsibility for financing in housing, health
care, education and infrastructure.
Boards of National Housing Conference, Citizens Housing Planning Council,
Settlement Housing Fund
She has expertise in infrastructure at the state and local level. She
has a particular interest in transportation infrastructure. She
supports reducing impediments to the flexibility of tax-exempt
bonds for state and local government. She feels the economy can be
stimulated using existing delivery systems; i.e. We don't need new
bureaucracy.
�Kuttner. Robert L.
Cambridge, MA
Co-Editor, The American Prospect
Former national staff writer, Washington Post.
Contributing Columnist, Business Week; Contributing Editor, The New
Republic; Commentator, NPR.
.
Former Executive Director, President Carter's Commission on
Neighborhoods
Former investigator, Senate Committee on Banking, Housing and
Urban Affairs
Books: The End of Laissez Faire (1991); The Ufe of the Party (1987);
The Economic IlJusion (1984); Revoit of the Haves (1980)
Primary concerns: The use of investment, public and private, to restore
the economy to a path of sustainable high growth.
Lee. Eyebm
Salt Lake City, UT
Co-owner, ONLY IN UTAH (conference planning and tours arrangement
smali business)
Former Director, Economic and Industrial Development Division, State of
Utah.
Former Coordinator of Advertising and Public Relations, State of Utah
Fonner special education teacher.
Former Vice-Chalr, Utah Drug Foundation Task Force; Utah Crime
Prevention Effort; Chalrman, Board of Pardons Selection Committee,
She is very interested in growth for small business.
Mankiller. Chief Wilma
Tahlequah, OK
Principal Chief of the Cherokee Nation (SHOULD BE CALLED
CHIEF)
Elected first woman chief of second-largest North American tribe
(130,000 members) in 1985.
She is primarily interested in increasing employment of poor people;
small business development. She would like to see the tribes
granted authority to issue revenue bonds. She is in favor of
employment tax credits in areas of high unemployment. She is
worried about Native-Americans losing jobs under NAFTA unless
there ar·" some safeguards or incentives like an employment tax
credit.
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Nelsen. Vjr"jnja
Bismarck, ND
Founder, Director and CEO, North Dakota Micro Business Marketing
Alliance
The Alliance is a non-profit model product development and marketing
project, showcasing rural North Dakota products.
Worked to foster nticroenterprises.
Owns a retall gift/gourmet food store in Bismarck \vith her husband.
Very interested in small business development and marketing and
product development. Has worked in rural N.D. to form one, two and
three person businesses. She is interested in communicating to
others the kind of cooperative group effort they have undertaken in
North Dakota.
Pearlman. Iecry K.
Glenview, IL
Chalrman, President and CEO, Zenith Electronics Corporation.
With Zenith since 1971.
Formerly of Ford.
Board Member; Chicago Museum of Science and Industry;
Northwestern Uuiv:
Early supporter.
Interested in three areas to improve competitiveness;
1) Technology
With a focus on public/private research cooperation.
2) Infrastructure
He wants to "fiber" the country. He believes that the cable and
telephone companies could be encouraged to compete to build the
no cost to the government.
fiber network at
3) Trade
He thinks it essential to coordinate the U.S. Government
agencies involved with international trade to act together in the
economy.
interests of the U.S.
�Ratner. BrucE; C.
Brooklyn, NY
President ana CEO. Forest City Ramer Companies (urban real estate
developer in NY)
Developed MetroTech Center (Gov. Clinton visited during N.Y. Primary)
$29 million spent on relocating 100 families and 75 businesses; resulted
in $76 million in minority construction contracts.
Former head, N.Y.C. Department of Consumer Affairs (1970-73)
Former N.Y.C. Commissioner of Consumer Affairs (1978-82)
Interested in the role of cities in regional economies. He believes
that cities must do well in order for their regions to prosper. He
supports bottom-up strategic economic planning; since all regions are
different, they each have different demands. Economic strategy
should be tailored to each separate region.
Reed. lohn S.
New York, 1\<
Chairman and C.E.O. of Citicorp (since 1984)
Started with CHicorp in 1961.
Boards: Philip Morris, Monsanto Company, The Rand Corporation
He is primarily interested in the trade-offs between short-term
gro"th and defiCit reduction. He is looking for a commitment to
credible deficit reduction; With that, he believes there could be an
agreement on infrastructure investment and tax credits.
Robertson. Sanford R.
San Francisco, CA
Founding Partner, Robertson, Stephens & Company (since 1978)
This investment banking and venture capital firm underwrites more
than SlO billion of emerging growth stocks.
Director: The Tech Museum of Innovation
Roberslson favors incentives for long term growth; he feels the tax
incentives of tomorrow should build industrial capacity and not real
estate.
He thinks a raise in personal income tax rates would make up for any
loss in revenue from a capital gains tax cut (though he doesn't think
a loss in revenue will occur).
Extremely enthusiastic.
�"
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Roldan. Hipolito "Paul"
Chicago, II
c.E.O. of the Hispanic Housing Development Corporation
Developed over 880 affordable apartments and townhomes in 12
developments in Chicago's Hispanic communities. Developed over 98,000
square feet of commercial space in Chicago- shopping centers.
Former developer of low-income housing in Brooklyn.
1988 recipient of the John D. and Catherine T. MacArthur Foundation
Fellowship (spent $100,000 of his prize money to establish a scholarship
fund to help Latinos enter the community development field).
Decorated Vietnam Veteran
He is committed to community development. He believes that we need to
use and enhance the pre-existing structure for community development
corporations. No need to reinvent the wheel. He wants to devise ways
to improve the banking system to be more effective in cities and
neighborhoods. He believes that the government could save money by
spending more on employment training and education and less on prisons
and law enforcement.
Sanchez.Ionx
Laredo, TX
Chairman and C.E.O., Sanchez-o'Brien Oil & Gas Corporation
Private gas and oil exploration and development; drilled over 550 wells
since 1973; Dally production: 80,000,000 cubic feet of gas and 2,500
barrels of oil.
"Energy independence is directly related to long-term grmvth." He also
feels that NAFTA is vital to long-term growth and that a regulatory over
burden has been a deterrent to growth.
Los Angeles, CA
.
Shockley, 'Brenda Yvonne
Executive Director of Community Build. Inc. - a community based
response to the L.A. riots; supported by Maxine Waters; focuses on the
economic causes of the riots,
Former President of Drew Economic Development Corporation - a non
profit aimed at redeveloping the Drew University campus and
surrounding areas.
Primary concerns: Persistent poverty; unemployment among
minority males.
�"
Stafford, Ka!:hleen
CA
Treasurer of Amgen Pharmaceu tical, Inc.
Amgen is the largest independent bio-tech company in !:he U.s.
Long-term incentives are very important to her high-tech grow!:h
.
industry. She is very concerned that "drug price controls" could impact
her company, She is worried a reformed health care system will
frustrate the development of innovative new biotechnology.
Sweeney. John I.
Washington. D.C.
International President, Service Employees International Union
Elected to fourth 4-year term in April 1992.
AFL-CIO roles: VP; Member, Executive Council; Chair, Health
Committee
One of four dissenting members of the Advisory Council on Social
Security Report. Frequent congressional witness on healthcare reform.
He has two primary interests:
1) The public component of turning the economy around; including
state and local government issues, reimbursements, and
privatization.
2) Interested in health care costs and their role in expanding the
deficit.
Tyson. Donald 1.
Springdale, AR
Chairman of Tyson Foods, Inc.
"Just back from Brazil. Looking forward to participating."
J;,arbara L.
Boise, lD
Idaho Vice-President, US West Communications
Only Idaho officer for 14-state telecommunications corporation.
responsible for directing public policy strategies.
Board of Directors: Boise Area Chamber of Commerce; Idaho Association
of,Commerce and Indust')'.
Wil~Qn.
Primary concerns: "How do we create an environment to allow and
encourage U.S. businesses to effectively compete ina global economy?
Regulatory reform; incentives to encourage investment in the U.S.; a
viable information infrastructure; training and retraining; improved
education; targeted investment based tax credits or other incentives
(R&D, consortiums,...)"
�"
Youn~.
John A.
Palo Alto, CA
Retired President & Chief Executive Officer, Hewlett-Packard Co.
Joined Company in 1958
Served 2 terms on board of trustees for Stanford University in CA.
Holds degrees in electrical engineering & business administration
Primary concerns: the role of technology in long-term development;
how to improve R&D, the "Economic War" versus the former "Cold
War", capital gains for entrepreneurs, and incentives for technical
development. "The President-elect is very familiar with my views."
�'.
WORKING SESSION Ill:
LONG-TERM INVESTMENT AND DEFICIT REDUCTION
EVENT:
Four three~minute presentations on the need for a balance of long~term investment and deficit
reduction before kicking off a 45 minute discussion,
PRESE.'1TERS:
•
Felix Rohatyn is the head of Lazan:I Frer...
•
Henry Aaron is the Director of the Economic Studies Department, Brookings Institution',
•
Isabel Sawhill is an economist at the Urban Institute.
•
William Gray is the head of the United Negro College Fund.
GOALS:
•
Governor Clinton has rejected those who call only for attacking the deficit and those who
ignore the deficit and concentrate only on new public investment. Governor Clinton has
stated from the outset that there are two deficits - a budget deficit and an investment
deficit -- and that we must confront both if we are to have a strong long-term growth
agenda. This session asia; the participants to consider a balanced approach to both
increasing key investments and bringing the deficit down.
•
It is important to explain that large deficits can reduce national savings, drive up capital
costs, and thus reduce private sector investment. We also need to stress that it is very
important whether deficits are used to finance consumption or new investments in our
economic future.
•
Weak investment has been a fixture of America's economy for years now, and it will
take years to rectify.
ATTACHE!):
•
•
•
Summary of the presentations.
Points to note and suggested questions.
Background:
•
US failure to invest and competitiveness.
•
Long-term deficit reduction and why its important.
•
"Putting People First"' summary on investment/deficits.
•
•
Pitfalls: possible Q&A for discussion.
(See also earlier background memo for Solow macro presentation).
�·.
SUMMARY OF TIlE PRESENTATIONS
1.
Felix Rohatyn
Rohatyn will argue for a growth strategy as the most effective means for reducing
the deficit. He will also stress that many years of fiscal mismanagement led us
to the current record deficits, and that it will take us a long time to control them.
He may stress that much of the Municipal Assistanee Corporation's (MAC)
success in helping New York in the 1970s was not solely more stringent
borrowing standards, but key investments that helped spur a period of high
growth.
2.
Henry Aaron, Director of Brookings Institution
.
I
It is likely that Aaron will disagree with some of Roh.tyn's points. He will agree
with Rohatyn's overall call for investment·led growth, but he may make a far
stronger case for deficit reduction, and state that Rohatyn is not rigorous enough
in defending the case for significantly increased infrastructure spending,
Brookings just released their annual "Setting Domestic Priorities" which stressed
that the main priority should be to make infrastructure spending more efficient -
through measures such as congestion pricing of roads and airports, [However,
the study also stresses that the best infrastructure programs have a 30% rate of
return].
3.
Isabel SawhiU: Urban Institute
She may stress that the main criteria for allocating resources should not be any
specific mix of public or private investment, but the social rate of return of
specific investments, regardless of whether they are public or private.
4.
Bill Gray, Head of the United Negro College Fund and fonner lIudge! Chainnan
1'11' llQin!s: Gray will discuss the implications of the deficit for l!llllli£ investment
~~
that spending limits enacted in recent years to cut the deficit have come at the
expense of public inveslment (education, infrastructure).
�· POSSIDLE QUESTIONS TO START DISCUSSION:
Question:
Mr. Aaron, Brookings has been more cautious than Mr. Rohatyn on
infrastructure. I agree that we need to link additional investments to
spending reform, but can we really afford not to invest more in
infrastructure in light of our record compared to our foreign competitors?
Question:
Mr. Aaron, I believe that any proposals for additional public investment
must be tightly linked to a long-tenn deficit plan. I do have questions
about timing. Given the fragility of the recovery, how large is the risk
that deep spending cuts will dampen demand and stunt economic growth?
Question:
Mr. Rohatyn, what have our global competitors done to reduce their
deficits while investing for the future?
Queslion:
Mr. Gray, the budget deficit amassed during the eighties meant steep cuts
for public investment in schools and jobs programs. I have talked during
the campaign of the need for us to at least conceptually divide the budget
up into a consumption budget and an investment budget. However, some
feel that if you put some investments in people in a "capital budget,"
everything would be classified as "capital." Is there any way we can come
up with a clear definition of what should be seen as capital without Jeading
to abuses?
�BACKGROUND
A.
The Failure to Invest Threatens America's Competitiveness
There are numerous examples of America's recent failure to make the long term investments in
both human and physical capital necessary to remain the pre-erninent economic power. All of
the following examples strengthen the case for the Clinton-Gore agerda, which includes •
targeted investment tax credit, a permanent R&D tax credit, and a 50 percent reduction in long·
term investments in small businesses.
In September, the Council on Competitiveness released its Competitiveness Index, which
revcaled some of the implications of failing to make these long-term investments:
I.
Standard of Living:
Fen 2.2 percent in 1991. Between 1972 and 1991, the
U.S. ranked last among G-7 nations in growth in standard
of living.
2.
Investment:
In 1991, U.S. investment in plant and equipment hit a 14
year low, declining by 7.1 percent. Since 1987, the U.S.
has invested a smaller share of GDP in plant and
equipment than any other G-7 country.
3.
Exports:
Exports have been a bright spot for the U.S., although
Germany remains the top exporter of manufactured goods.
�B.
Long-Term Deficit Reduelion and Why Its Important
While there is debate over how Quickly the deficit should be redueed, there is general consensus
by economists that a long-term commitment to deficit reduction is critical to America's
competitiveness in the world economy. Here are some major points you might want to raise in
the discussion:
DEFICITS IMPEDE INVESTMEl'.'T: With large budget deficits, an increasingly large
percent.ge of the federal budget must go to paying just the interest costs on the debt.
In the 1980's, consumer spending rose from 62.8 percent of GOP in 1979 to 66.9
percent in 1989; at the same time, gross business. fixed investment fell from 13 percent
to 10,8 percent. In short, a shift away from an investment-Jed economy to a
consumption-led economy_
DEFICITS KEEP PRODUCTIVITY LOW: The large percentage of GNP going to
interest costs on the deficit reduces the resources available for public and private sector
investment.
DEFICITS DRAIN ALREADY LIMITED PRIVATE SAVINGS: As federal budget
deficits have ballooned over the last 20 years, the country's savings rate has declined.
The personal savings rate dropped to 3.3 pereent in 1987 from the pest war average of
7.5 percent. Corporate savings over the same time period feU to under I percent during
the 1930's, as compared to the post war average of 2.9 percent of GOP. In sum,
consumption,. instead of savings and investment, dominated consumer and business
trends.
DEFIcn'S KEEP FAMILY INCOMES LOW & REDUCE JOB PROSI'ECTS: High
government borrowing and the low levels of private savings and low private and public
investment has led to lower productivity rates, which leads to lower real wage gains and
lower family income.
DEFICITS PUT AMERICA AT A COMPETITIVE DISADVANTAGE: Hcavy
borrowing, much of it from foreign sources, has led to trade deficits and a lower share
of world markets.
'
[S!1JJ!H;': "lI'11Y Deficits MOfler" by David l\Yss ofDRl/McGraw mil]
�C.
"Putting People First" on Long-Term Investment and Deficit Reduc,tion
1.
BOOST PRIVATE INVESTMENT
PPF offered a targeted investment tax credit for investments in new plants and
equipment, a targeted capital gains tax exclusion for long-term' (5 years or more)
investments in new businesses, and a permanent R&D tax credit.
2.
BOOST PUBLIC INVESTMENT
Key elements here include an $80 billion (4 year) infrastructure/advanced
technologies initiative, full funding of Head Start and WIC, a National Service
Trust Fund to enable every American to go to college, a national apprenticeship
program for non-college bound students, a youth opportunity corps, and a
community development proposal.
3.
DEF1CIT REDUCTION
PPF promised to cut the budget deficit in half over four years, from the current
$297 billion to $141 billion. We know from John White's assessment that CBO
has since revised its deficit baseline projections upwards. PPF proposed $144
billion in spending cuts (the biggest revenues in collecting taxes from foreign
lfirms and defense cuts). PPF raised revenue ,by increasing the top marginal
income tax rate from 31 to 36 percent, a surtax on millionaires, and increasing
the alternative minimum tax.
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�.-
Gore Panel
.,
President-elect Bill Clinton
Vice President ..clect AI Gore, Jr.
Maria Elena Torano
Lilia Calderon Clemente
John Bryson
John Correnti
Sanford Greenberg
Sec. of Labor Robert Reich
Joan Bok
Alfonso Fanjul
Sec. of the Treasury Lloyd Bentsen
Lynn Willia.'11s
Mary Ann )'1iils
Choir of CEA Laur. Tyson
Bill Wiley
John Clendenin
Pam Linton
Frank Popoff *
Gordon Moore
Katherine "Kay" Hammer
Drew Lewis
Gus Speth
Economic Policy Advisor Robert Rubin
Larry Perlman
Richard Clarke
Caroi Browner
Ed Romero
•
•
Director of OMB Leon Panetta
Paul O'Neili
Craig Fields
Edward Lewis
Sec. of Commerce Ron Brown
•
'" "" Presenter
Podium
Otber Presenters
1.
2.
3.
4.
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�Gore Panel
company
Name
Ms.
Ms.
Mr.
Mr.
Ms.
Mr.
Mr.
Mr.
-k Mr.
Mr.
Ms.
Mr.
Mr.
Ms.
Ms.
Mr.
Mr.
Mr.
*
~Mr.
Mr.
Mr.
Ms.
Mr.
~Mr.
Joan Bok
Carol Browner
John E. Bryson
Richard Clarke
Lilia C. Clemente
John L. Clendenin
John Correnti
Alfonso Fanjul
Craig Fields
Sanford Greenberg
Katherine Hammer
Drew Lewis .
Edward T. Lewis
Pam Linton
Mary Ann Mills
Gordon E. Moore
Paul O'Neill
Larry Perlman
Frank P. Popoff
Ed Romero
Gus Speth
Maria Elena Torano
Bill Wiley
Lynn R. Williams
-v
j})
category
st
Phone #
New England Electric
state of Florida
so. California
Pacific Gas &
Clemente Capital,
Bell South Corp.
Nucor corporation
Flo-Sun
Utility
Environment
utility
utility
Business
Utility
Metals
Agribusiness
High Tech
Small Business
High Tech
Transportation
Communications
Environment
Small Business
High Tech
Metals
High Tech
Chemical
High Tech
Academia
Small Business
Small Business
Labor
MA
508-366-2796
MCC
TEl Industries, Inc.
Evolutionary
Union Pacific
Essence
Pollution solutions
Soapbox Trading
Intel corporation.
Aluminum Company of
ceridian & Corp.
The Dow Chemical
Advanced Sciences,
World Resources
Meta
Battelle - Pacific
AFL-CIO - United
(J./ ":/. /...,.
FL
904-488-4805
CA
CA
NY
GA
NC
FL
TX
DC
TX
PA
818-302-2265
415-972-7000
212-765-0700
404-249-2021
704-366-7000
407-655-6303
512-338-3910
202 333 8080
512-346-3813
215-861-3200
NY
V'l'
MA
CA
212-642-0700
802-860-1200
617-492-6204
408-765-8080
PA
412-553-4545
MN
MI
NI1
612-853-5283
517-636-0816
505-828-0959
DC
VA
WA
202-638-6300
703-243-3608
509-375-2201
PA
412-562-2300
�-.
WORKING SESSION IV: ENYIRONMENT, NEW TECHNOLOGIES,
AND ECONOMIC GROWTH
Presenters:
John Bryson
Craig Fields
Frank Popoff
Lynn Williams
Panelists:
Bok. lOan
Westboro, MA
Chairman, New England Electric System (19M-present)
Director, Boards of Monsanto, John Hancock mutual life, Federal
'
Reserve Bank of Boston
Trustee: Urban Institute, Worcester Foundation for Experimental
Biology
Browner. Carol
Florida
Nominated for Environment Protection Agency Administrator
Transition Director for Vice President-elect Gore
Former Florida Secretary of Environmental Regulation
Former Senate aide to Senator Gore,
Clarke. Richard A.
San Francisco, California
Chairman and CEO of Pacific Gas and Electric Company since 1986
Director of BankAmerica Co., Potlatch Co., Pacific Conservation Services
Co., Pacific Gas Transmission Co,
Served on PreSident Bush's Commission on Environmental Quality.
Clement, Ljlja Calderon
New York, NY
Chairman and C.E,a, of Clemente Capital, Inc. - specializing in
Asia/Pacific Rim investments.
President of First Philippine Fund (a closed-end country fund listed
in the NYSE)
�:
Clendenin. John L.
Atlanta, GA
Chairman and CEO of Be!lSouth Corporation
Board member of Coca-Cola Enterprises Inc., Wachovia Corporation,
New York StOck Exchange among others
National President of the Boy Scouts of America
Former Chairman of the U.S. Chamber of Commerce
Particular concerns: Develop strategies aimed at job creation, savings and
investment stimulation, and infrastructure rebuilding, but avoid
inflationary spending.
Charlotte, NC
CQrrenri. John D.
President and C.E.O. of the Nucor Corporation
Former Generai Manager of Nucor-Yamata Steel in Blytheville, AR
Boards: 1st Nationai Bank of Blytheville, Arkansas College.
30% of the steel Nucor "mini" steel mills outputs is not produced by
union labor. Correnti maintains that Nucor's plants are cleaner,
cheaper, and friendlier to the environment than traditional steel
mills. Nucor uses nothing but scrap metal at its plants in UT, NE, IN,
TX, SC and AR.
Correnti and Lynn Williams, a presenter in this same session, are
polar opposites on the issue of steel making. Correnti claims that
only non-union mini-mills can compete with foreign steel-makers.
Williams disagrees.
Fanjul. Alfonso
Palm Beach, Florida
Chairman and CEO of Flo-Sun, Inc. (sugarcane grower)
Board member of Pennzoil, FPL Group, Inc.
Listed in the Who's Who Among Hispanic Americans
Greenb\:rg, Sanford
Former White House Advisory Staff under President Johnson
Trustee of th'= DNC
Founding director of the American Agenda that identified major
problems and solutions for President Bush
Director of the Nationai Committee on the U.S.-China Relations and
member of the Council on Foreign Relations
Recipient of several "Outstanding Man" awards
Greenberg is legally blind.
�Hammer. Katherine
Austin. TX
President, Founder and C.E.O. of Evolutionary Technologies, Inc.
ITI is developing EXTRACT software technology, the first spin-off project
from MCC research (see Craig Fields above)
Ph.D. in Unguistics and former professor at Washington State Univ.
Joined Texas Instruments in 1981
Bethlehem, PA
Lewjs. D~
Chairman, Union Pacific Corporation
Former Secretary of Transportation (Reagan administration)
Former Chairman of The Business Roundtable and Tenneco Inc.
Boards: American Express, AT&T, Ford, FPL Group, Gulfstream
Aerospace, The Rockefeller Group.
Former deputy chairman of the Republican Nationai Committee in
1980-81
Mr. Le"is is a strong proponent of a gas tax increase, even though Union
Pacific is the nation's largest consumer of taxed gasOline (non-military).
"Whatever it takes to get the deficit down."
Le't/is, Edward T.
New York, NY
Publishf'J and C.E.O. of Essence Communications, Inc.
Co-founded magazine for black women in 1970
Works to encourage minority business development
Director of TransAfrica, Chairman of Africa News, Director of Meais
on Wheels
Board member of American Women's Economic Development Co.,
Magazine Publishers of America, Internationai Peace Academy,
School of American Ballet
Former deputy chairman, RNC 1980-81
Linton. l'.am
Burlington, VT
Founder. President, and CEO of Pollution Solutions
Bush voter in '88
Co-chair of Businesses for Clinton in VT
expanded operations to Canada in 1992
appoint!'d by Governor Kunin to the Technical AdviSOry Board for
Solid Waste Disposal and the Board of Directors of the Institute for
Sustainable Communities
.
Serves on several environmental committees in VT
Best friend and next door neighbor to Madeline Kunin.
�Mills. Mao: Ann
Cambridge, /vIA
Vice President and Managing Director, Soapbox Trading Co. DBA The Body
Shop (Very successful and very environmentally-correct toiletries shops)
Vice-President and Account Supervisor, McGrath/Power Associates
(PR/consulting)
Moore. Gordon E.
Santa Clara, CA
Co-founder and Chairman of Intel Corporation
Intel just recaptured majority share of computer chip industry.
Director of Varian Associates and Transamerica Corp.
Member of National Academy of Engineering
O'Neill. Paul
Pittsburgh, PA
Chairman, and C.E.O. of Alcoa
Former President, Internationai Paper Company
Former Deputy Director of OMB (1974-77)
Manages by delegating authority, decentralizing operations,
eliminating management levels,
Expanded operations into Europe and Asia
Pearlmw,.l:.aIu
Minnesota
Chairman, President and CEO of the Ceridian Corporation
Director of Computer Network Technology Corp., G&K Services Inc.,
Sea gate Technology among other groups
Member of the National Advisory Board for the Chemical Banking
Corporation
Board member at Carleton College, Business Roundtable. among
several other committees
Albuquerque, NM
Romero. Ed L.
Founder, Chairman and C.E.O. of Advanced Sciences, Inc. (environmental
engineering and waste management)
Served on the President'S Hispanic Advisory Comminee and the Advisory
Committee for Trade Negotiations for the Department of State.
Delegate to the Democratic Convention
President of Hispanic Culture Foundation and New Mexico Minority
Business Association
�..
Speth. Gus
New York, NY
Founder and President of World Resources Institute
Former Chalrman of the Council on Environmental Quality in the
Executive Office of the President
Board member of the Environmental law Institute, Keystone Center,
National Resource Defense Council and numerous other
environmental foundations
Recipient of several awards for environmental service
Torano. Maria Elena
Arlington, VA
Presiden t of META, hK.
META i:. an environmental services company for federal, state and local
governments. (one of top 200 Hispanic businesses in the U.S.)
Majority interest in METEC (asset management) -largest Hispanic
COntractor to the Resolution Trust Co.
Member, Hispanic Congressional Caucus Institute; Chair of the National
Hispanic Leadership Institute; a director of the U.S. Hispanic Chamber of
Commerce;
Bush appointee to bipartisan U.S. Commission on Minority BUSiness
Development.
Wiley. Dr. William R,
Seattle, WA
Director, Pacific Northwest Division, Battelle Memorial Institute (a
private research company in Washington state.
Among the Institute's programs is operating the Department of
Energy's Pacific Northwest laboratory,
�..
WORKING SESSION IV:
ENVIRONMENT, NEW TECHNOLOGIES, AND
ECONOMIC GROWTH
EVENT,
A discussion of the relationship between environmental responsibility and economic growth with
emphasis on the new technologies that increased environmental awareness will foster. This
discussion will be dividfX1 into two sections:
A.
False Choice: How to create bold investment that is pro-environment.
B.
Industries of the Future: An intelligent government-business partnership can
revitalize existing industries and help creale the industries of the 21st century.
RATIONALE AND GOALS,
This session seeks to squarely confront the false perception that an industrialized country must
choose betw(:en environmental preservation and economic growth.
Joho Bryson, an industry executive, will address the false choice question.
Lynn Wiltiams, President of United Steelworkers, will speak to the importance
of environmental protections in terms of worker health and safety. He will also
testify 10 the Steelworker,' view that the new technologies that environmentally
sound manufacturing requires are also an essential element in improving
efficiency and enhancing competitiveness.
Craig Fields will discuss government's role in fostering these new technologies.
CONTE/loTS,
I.
The false choice between economic growth and the environment
U.
Case studies
Michael Porter
Alcoa
1lI.
IV.
Dow Chemieals
Dupont
Pacific Gas and Electric
Southern California Edison
Labor and Environmental Protection: United Steel Workers
Industries of the Future: Craig Fields
Katie McGinty Briefing for Senator Gore; Part IV: Tom Kalil]
�I.
TIlE FALSE CHOICE BETWEEN
ECONOMIC
GROWTH
AND
THE
ENVIRONMENT
\VHO:
John Bryson is Chairman of the Board and CEO of SCEcorp and its principal
subsidiary, Southern California Edison Company. He joined Edison in 1984.
From 1979 to 1982, he served as president of the California Public Utilities
Commission. Bryson is a director of Times Mirror Company. First Interstate
Bancorp, Council on Foreign Relations and World Institute. He is a trustee of
Stanford University and Polytechnic School in Pasadena.
BACKGROUND:
"Nothing is more discouraging or more poin/less than newspaper
articles with headlines like 'The EcolUlmy vs. the Environmenl,
whi~h will it be?' The answer is that it had better be both or else
it will be neither.•
Remarks by E.S. Woolard, Jr., Chainnan of
DuPont, May 5,1992.
The old view of environmental protection posits an inherent conflict between economic growth
and the environment due to the assumption that pollution control automatically increases costs.
Environmental protection is seen as an economic burden rather than an economic opportunity.
This is true only in a narrow sense in which environmental performance is equated with
installation of expensive end of pipe pollution control equipment with no other changes in
production processes. technologies, worker-management coordination, or institutional
frameworks {utility demand incentives, waste trades, flexible regulations). In other words, this
view assumes that we are not smart enough t.o do anything else. As economic growth continues,
rather than develop new products and proouction processes which improve environmental
performance, we just 'tradeofr environmental quality for more goods and services. This "can't
do" attitude is a long run prescription for 'neither' because the economy and the environment
are interdependent.
The new view is that economic and environmental performance can be mutually reinforcing if
we are smart enough to reexamine current production processes, products, regulations, and
institutions that were not designed to encourage dynamic environmental improvements. These
other factors are a commitment to environmental performance by top management, worker
empowerment to allow myriad specific improvement opportunities to be discovered and utilized I
a goal of continuous improvement toward zero emissions rather than contentment with the status
quo, and the designing in of environmental considerations from the beginning of both production
proeesse.< and prooucts rather than at the end of the pipe.
�n.
CASE STIJDlES
A.
IIIICHAEL PORTER (Scientific American article, April 1991)
The conflict between environmental protection and economic competitiveness is a false
dichotomy based on a static view of competition. Environmental regulations. only'dictate higher
costs if nothing changes except for the installation of expensive pollution control equipment.
However. rnm1y things can change as a, dynamic response to environmental prohlems.. For
example) environmental standards often trigger innovation and upgrading. In many cases, the
result is a process that not only pollutes less but lowers costs or improves quality. For example,
the 3M Company estimates that its 'Pollution Prevention Pays' program' has saved $482 million
since 1975, while eliminating more than 500,000 tons or waste and pollutants, and has saved
another $650 million by conserving energy.
.
The strongest eVIdence that environmental protection does not automatically ~arm economic
growth is the economic performance of nations with high standards. Countries with the most
rigorous environmental requirements often lead in exports of affected products, Germany and
Japan have stringent environmental standards and high rates of productivity growth.
Environmental regulations which specify outcomes rather than methods will allow finn, to
change their processes and technoIogies to simultaneously meet economic and environmental
goals.
�B.
ALCOA - PAUL O'NEIL. CEO
Alcoa has a proactive environmental policy which attempts not only to comply with current
environmental regulations, but also to anticipate environmental issues and take appropriate
actions which may precede new regulations.
ALCOA ENVIRONMENTAL PROGRAMS
Sustainable Development: Alcoa is examining the implications of the Brundland Commission's
concept of sustainable development for its operations. Sustainable development requires a
change in the concept of economic growth to make it less material and energy intensive. Alcoa
is attempting to incorporate the notion of sustainable development into its decision making
processes for resource extraction, selection of manufacturing processes, design of products,.
management of releases of pollutants, disposal of waste materials, recycling, and interaction with
government. nongovernmental organizations,- communities, and shareholders.
In order to facilitate understanding of sustainable development, Alcoa is developing position
papers on Global Pollutants, Habitat and Resources, Social Issues (communities that plants
operate in), and Institutions and Processes (new approaches from business and government such
as flexible regulations and life cycle analysis). These will provide an analysis of the issue,
possible effe<;ts on Alcoa, and recommended courses of action.
Management Qf CO2; Alcoa is a significant producer of C02 b"""use aluminum production is
energy intensive. Hence, Alcoa is considering efficiency, conservation, fuel selection aod
alternative energy sources (for new facUitiesand major retrofits) in designing strategies for C02
management. Long term strategies also include the development of new production processes
to reduce C02 generation. Alcoa believes that improvements in energy use practices will
produce significant and cost-effective reductions in C02 emissions.
Alcoa also encourages aluminum recycling in the US and worldwide. This can be an important
component of a C02 management strategy because it takes 95 % less energy to create a product
from recycled aluminum than from original bauxite.
Waste Minimization: Alcoa has prepared an 8 step Waste Minimization Guide which provides
an understanding of waste minimization methodology and tools. Alcoa's (pittsburgh)
Environmental Control Departmentfg goal is to have business strategies of all parent company
units and subsidiary operating units include waste minimi1.atiQn programs,
�C.
DOW CHEMICAL - FRANK POPOFF, CEO
Dow believes that pollution prevention is the most cost effective approach to addressing
environmental probJems. Waste reduction is seen as a way to weed out economic inefficiency
as well as to protect the environment Dow also emphasizes senior management commitment
to pollution prevention, employee initiative in seeking out waste reduction opportunities, and the
sharing of information on pollution emissions and control efforts with local communities.
DOW ENVIRONMENTAL PROGRAMS
Waste Reduction Always Pa~s (WRAP);
(a) WRAP has a pollution prevention oriented waste management hierarchy consisting of
source reduction as the preferred option, followed by recycling, treatment or incineration,
and deposit in a secure landfill.
(b)
All Dow plants inventory pollutants released to air, land, water and measure relative to
production rates. This yields an index of pounds of waste versus pounds of product that
can be tracked by each site on a regular basis.
'
(c)
DOW Employees propose waste reduction projects every year, Projects can involve
changes to capital equipment as well as changes to maintenance, operation, or
administrative procedures. Although DOW would prefer that all projects save money,
it is recognized that some projects may not have a return on investment that can be
quantified. Employees are rewarded for their efforts in seeking out waste reduction
opportunities.
(d)
Results: The WRAP program has lived up to its name by reducing pollution and saving
money in many cases. Many materials previously lost are recovered and reused~ there
are savings in transportation and disposal costs, and emissions have been significantly
reduced. DOW has cut its air emission, in the US at least in half since 1985.
(e)
Example of successful results: A project team at Dow's Western Division in Pittsburgh,
California identified opportunities to recycle and improve the control of a reactant used
in the production of agricultural products. Traditionally, the reactant was incinerated
after a single use. Using computer modelling techniques, the team was able to find ways
to cut the oonsumption of the reactant by SO percent through recovery and reuse, thereby
eliminating 2.5 million pounds of waste per year. As a result, the team saved Dow $8
million annually from reduced raw materials use and lower environmental and labor
costs.
(1)
Another example; DOW's Louisiana division invested more than $12 mimon in 47 waste
reduction projects in 1988-1989 with an average payback time of 10 months.
�Environmental Award: In 1989, Dow won the World Environmental Center's Gold Medal for
International Corporate Environmental Achievement. In its award citation, the international jury
that selected Dow took note of its innovative program for waste reduction, its' top-down.
commitment to environmental protection, and its open communication with the public on
environmental matters.
••
Note to AG: you have worked with him in the past .., part of the Global Tomorrow
Coalition's Business Roundtables, Most recently, he shared the podium with you at
GTe's post-Rio assessment dinner and dialogue,
�D.
DUPONT - ED WOOLARD, CEO ••
DuPont envisions environmental progress as an opportunity to make innovative changes rather
DuPont emphasizes senior management commitment to
than an economic penalty.
environmental excellence and worker initiative in reducing emissions.
Environmental goals for the 1990s: Include a 35 percent reduction of hazardous waste from
1990 levels, a 60 percent reduction of toxic air emissions from 1987 levels, building of
additional plants to recycle plastic waste, phasing out the manufacture of eFCs, intensification
of research and development .of clean fuels.
Examples of innovations that saved money and reduced pollution:
Example I; Titanium dioxide is a major DuPont product. The production process emits large
quantities of carbonyl sulfide. A 60 percent emission reduction relative to 1987 has been
accomplished by the end of 1992. The emission reductions were achieved through source
reductions made possible by improved process control, new operating strategies, design
modifications, and slightly lower-sulfur coke.
This project has also been good financially for DuPont. The program eliminated the need for
an incinerator that would have cost somewhere between $20-$40 million, plus $6 million in
operating costs. The remaining emission reduction costs of $2 million dollars per year are one
third of incinerator operating costs.
Example 2: Workers at a New Jersey plant (Imaging Systems, Parlin) started a project to
reclaim packaging from film products that didn't meet specifications. Instead of disposing of
the substandard products and packaging, they are sent to a workshop to be dismantled. The
package is then returned for recycling. This has reduced solid waste generation and saved
DuPont $300,000 per year.
Environmental Award: In 1987, DuPont won the World Environmental Center's Gold Medal
for International Corporate Environmental Achievement.
•• Will not be participating. FYI.
�E.
PACIFIC GAS AND ELECTRIC - RICHARD CLARK, CEO
PG&E is the nation's largest investor-owned gas and electric utility, serving 11 million people
in California. It has embarked on a long-term strategy of reliance on energy efficiency and
renewable energy as its primary sources of new electricity supply.
PG&E ENERGY EFFICIENCY/ENVIRONMENTAL QUALITY PROGRAMS
PG&E plans to meet 75 percent of electric load growth projected for the 1990's with customer
energy efficiency. These programs will save the equivalent of 2,500 MW of power generation.
The remaining load growth will be met with renewable generation sources and more efficient
use of existing facilities and of the distribution grid.
PG&E plans to spend well over $2 billion in the 1990s on programs that provide cost-effective
efficiency opportunities. These programs are expected to save PG&E industrial and residential
customers $2.4 billion relative to the expenses th.t would be incurred if customer needs were
met by building new generating capacity. This is $2.4 billion that is available for oO,er
purchases or investments that stimulate the economy and create additional jobs.
.
These economic savings are accompanied by environmental savings due to air emiSSIon
reduction•• Due to PG&E's energy efficiency efforts, air emissions in the 1990s will be reduced
by over 20 million tons of carbon dioxide, 27,000 tons of nitrogen oxides, and 5,000 tons of
sulfur dioxide.
�F,
SOU1l1ERN CALIFORNIA EDISON - JOHN BRYSON, CEO
Edison's energy policy is meant to promote a healthy environment and a strong economy_
Energy policy goals include least cost integrated planning, the use of market solutions rather than
command and control regulation, broad~based initiatives to internalize environmental impacts,
and incentives to encourage investments in cleaner technoJogies. Edison believes that utilization
of electricity in new technologies in energy efficiency, transportation, industrial processes and
environmental protection has outstanding potential for the nation's economy_
NOTE THAT BRYSON'S WORK HAS IMPORTANCE and application across many sectors
of the economy -- not just the electric utility sector. So. Cal. Edison is saving industrial and
residential customers money by advising them on cost--effective conservation strategies. In at
least one instance (see belOW), their advice has made the difference between success and
bankruptcy. Also, Bryson will have something to say about government-industry partnerships
on critical technologies (see electric car discussion)
EDISON ENVIRONMENTAL PROGRAMS
Energy Efficiency: Edison's 1992 programs include the use of cash incentives to residential and
industrial customers: to purchase energy efficient appliances, horne energy surveys, and cash
incentives to developers for constructing homes that are more energy efficient than state
standards. These programs are estimated to save customers more than 800 million kilowatt
hours annually. Many of these savings will last from 10 to 30 years. To achieve these savings,
Edison will spend $87 million and customers will invest $62 million in energy-efficient
equipment in 1992. The life-cycle savings from these investments are estimated to be $336
million, more than a 2: 1 benefit-cost ratio. These savings will also result in improved
environmental quality through reductions in emissions of carbon dioxide and nitrogen oxide.
Climate Change Mitigation: Edison has pledged to reduce C02 emissions and believes that it
can be done without increasing costs to customers. Edison plans to reduce C02 emissions from,
its power plants by !O percent over the neJ<t decade, and another to percent by the year 2010.
These gains will be achieved by cost-effective energy efficiency and conservation programs,
greater use of alternative and renewable resources, and repowering of existing generating plants.
Customer TechnQlogy Am»ication Center: This was created to provide residential, commercial,
and industrial customers with state-of-the-art, energy efficient technologies. Since opening in
1990. the Center has welcomed more than 70,000 visitors for seminars, technology
demonstrations. hearings, and training.
Business Retention Program: This helps loc.a.l industrial customers. to remain competitive at their
existing locations. Secvkes include energYKefficiency rebates and incentives, alternate electric
rates, technical feasibility studies, environmental counseling and technical evaluatlons, assistance
with required permits, industrial process studies! and new technology applications.
�Example of SucceWI Business Retention: The Sunshine Biscuit Company was considering an
out ·of state move prompted by environmental regulations and increasing costs.
F.dison
demonstrated two modem radio frequency dryers on Sunshine's baking production lines, which
enabled it to meet air quality regulations, improve product qUality and increase shelf life.
Operation and maintenance costs were reduced and productivity increased, and Sunshine stayed
in Caljfornia.
Renewable Enemy Resources: Renewables represent 21 percent of Edison 's total energy supply,
a rate thaI is twice the national average. Edison's goal in the 1990s is to reduce the costs of
renewables by joint partnerships with, renewable technology developers, other utilities, and
state/federal governments to advance the mos,t promising renewable technologies.
Example Qf PrQgress in Bringing Renewable, to Market: Edison has been involved in efforts
to accelerate ~le development of cost-effective and environmentally clean photovoltaic systems.
In April of 1991, Edison and Texas Instruments jointly announced a patented breakthrough in
making solar energy technology affordable to consumers. This new technology, known as
spheral solar, improves on existiog photovoltaic processes by combining inexpensive materials
with low-cost manufacturing equipment to reduce the cost of solar-cell energy by as much as 80
percent.
Eleclric Vehicles: Electric vehicles (EVs) have no tailpipe emissions, and are 97 percent cleaner
than gasoline-powered vehicles even considering emissions from power plants that provide the
electricity for EVs, according to the California Air Resources Board. BVs have been cited by
a Congressionally mandated panel as one of 22 'National Critical Technologies' that should be
pursued to ..:hiev. the country's economic and energy security goals. Conversion of
defense/aerospace industries to commercial-scale advanced EV and transit industries would allow
the us to lake advantage of a highly skilled workforce to establish new domestic industries and
penetrate world markets.
Edison is playing a role in this new industry development as a participant in CALSTART - a
consortium of more than 40 California-based companies and organizations aimed at devcloping
an advanced electric transportation industry in California. Edison's main contributions to
CALSTART will be in building and coordinating the infrastructure necessary to charge BVs,
managing the CALSTART electric buslmass transit program, and galvanizing community
awareness of and support for clean transportation. CALSTART could contribute to the
development of a major new industry in California that pays high wages and is environmentally
sound.
�III. LABOR AND ENVIRONMENTAL PROTECTION: UNITED STEEL WORKERS
WIIO:
Lynn Williams is the International President of the United Stee'workers of
America, AFL-CIOICLC. lie has been a member of USW A since 1947, and he
has been in his present position since 1983.
,
BACKGROliND:
The United Steelworkers of America (USWA) are strong proponents of the fact that £here is no
inconsistency between the objectives of the labor movement and environmental protection. In
fact, £he USWA are strong, strong environmentalists. They issued a report ·Our Children's
Future'" in 1990 which was the result ora year long USWA Task Force on the Environment.
The repon was overwhelmingly adopted at tile 25t1l Constitutional Convention of the USWA in
1990. There are £hree main topics relating to tile environment that the steelworkers especially
emphasize.
j
1) Occupational and Environmental Health
•
The Steelworkers have a strong record of backing safety, health and environmental laws.
"Workers have a gut understanding of environmental issues ~ 100,000 North Americans
die each year from workplace diseases tIlat later find their way into our air and water.
The environment outside the workplace is only an extension of the environment inside" ~
-Our Children's World; Steelworkers and the Environm<:llt. United Steelworkers of
America, 1990,
•
(>
18.
Some examples of the link between environmental protection and worker healtll include:
Initiatives to prevent chemical plant explosions: A rule was developed by OSHA,
in response to tile 1989 chemieal plant explosions in refineries in Texas, which
sought to set safety standards for training contract workers. This rule was
delayed for months by the Bush regulatory moratorium - even though an oil
refinery explosion in Wyoming tIlis summer led to the death of one worker and
left otllers critieally burned - all while tile OSHA rule remained in OMB's grip.
Additionally, the OMB and the Council on Competitiveness have been holding up
47 Environmental Protection Agency rules. Of tIlese, at least 29 should have
qualified for exemption from the regulatory moratorium because of statutory
deadlines, health concerns, or benefit to business. Some rules held victim
included pesticide standards to protect the health of workers, and several Clean
Air Act rules.
Asbestos: OSHA has issued tIlis fall a final regulation striking certain asbestos
like substances from coverage under tile asbestos standard for worker hcalth.
These substances, when finely ground, cause asbestos-related healtll problems.
Not only workers are affected: children also come into contact with these
minerals when playing in sand made of ground stone.
�. More on worker health: OMS under Bush blocked new health standards for more
than 6 million workers. The blocked rule would set permissible exposure limits,
or PELs, for over 1,000 hazardous substances used in the construction, maritime
and agriculture industries. According to OSHA, these toxics cost 8·13 deaths per
year. A similar standard for general industry has been in place for nearly three
years. OMB rejected the PEL rule citing a theory never used before in the
regulatory review process. OMB claimed that the rule would lead to a cut in
wages and that since rich people are generally healthier than poor people, such
a regulation might actually hurt workers more than it would help them.
2) Concern nbout the Global Environment
.•
Conct,rn about their children'S future. "Steelworkers have always fought for a better life
for their children. Most of u. are the descendants of immigrants who eame to the US
and Canada seeking a better future, not just for themselves, but for later generations as
well..• Today, the greatest threat to our children's future may be the destruction of their
environment. Some of the worst consequences of environmental damage, such as global
warming and the death of the oceans, will not aceur in our lifetime. But they could
devastate the world of our children." Our Children's World, p 12.
3) CompetitlvellCS'S.
•
There is no jobs-environment trade-off. "In every fight for a new health and safety
regulation, or better wages~ or improved pension, there is a corporate economist to teU
us that if we persist, the company or the industry will fold, with hundred or thousands
of lo.t jobs. It rarely turns out to be true, and for good reason. Someone has to design
the cleaner process or equipment. Someone has to build it. Someone has to install it.
Someone has to operate it. Someone has to maintain it. In the long run, the real. choice
is not jobs or the environment. Its both or neither." • Our Children's World, p 14.
•
To remain on the cutting edge, modern technology that is cleaner and more efficient must
be pursued. Japan and Germany are laking the lead. Unless' the US does the same, we
will lose international competitiveness and jobs.
•
"Even in the short run, companies that exist only by destroying their resource base or
pushing their environmental costs off onto others, will not be in business very long.
Some plants have shut down~ not because they acted responsibly toward their neighbors,
but because they did not." . Our Children's World, p 14.
•
Many pollution prevention projects save companies money in addition to improving
environmental performance. Such projects often go hand in hand with manufacturing
modernization, which increases the long run viability of the company, This means a
more competitive company and more job security.
•
Envimnmental regulations have stimulated a large and increasing domestic and global
market in environmental goods and services. This industry is. an important source of new
�jobs. Although the relaxation of environmental regulations may forestall the de<:line of
a particular plant in the US, it may also imply the loss of much larger US job
opportunities in supplying the global market for environmental technologies. For
example, while the U.S. used to lead the world in the production of Clean Air
technology, 12 years of relaxed enforcement have also resulted in a loss of that industry.
Today the U.S. imports more than 70% of its clean air technology needs.
.
•
Jobs were lost under the Bush Administration because of their inability to understand the
link between the economy and environmental regulations. Environmental goods and
services are one of the fastest growing areas of economic activity in the country. An
estimated 40,000 jobs will be created b=use of the 1990 Clean Air Act. - Institute of
Clean Air Companies, July I, 1992.
•
Dollars spent in the US to comply with air pollution control rules are not lost, but
are merely transferred from polluting industries to a growing, dynamic U.S.
pollution control industry.
•
Many business leaders now see pollution as a symptom of inefficient processes.
To the extent air pollution control rules stimulate new technological and
management devices to avoid wasteful practices, the regulated industry becomes
more efficient and more competitive.
•
U.S. Government and foreign studies show that those countries with the tightest
air rules produce the most internationally competitive air pollution control
industry. Delaying US clean alr rules makes the US pollution control industry
less competitive in the global market.
Labor Relations and Enyironmental Protection:
1.
Existing labor organizations such as worker safety and health committees at the plant
level could be used to encourage progressive environmental policies. Collective
bargaining agreements may include environmental concerns beyond the plant such as the
right of workers to be consulted in the setting of environmental policy, to participate in
environmental audits, to refuse work leading to serious pollution problems, and to have
the power to subject plants to inspection by environmental protection agencies. Labor
organizations at the plant level are often in the best position to detect and corre<:t
envimnmental problems.
2.
Existing labor inspection systems could be extended to playa part in environmental
protection.
Labor Readjustment and Environmental Protection:
Labor and environmental groups have cooperated in promoting readjustment programs for
workers and communities affected by environmental considerations.
�Lax EnvirQnmema! RnulatiQns as
an
Unfair Trade Practice:
Labor and environmental groups maintain that a failure of a country to establish ard enforce its
own environmental regulations should constitute an unfair trading practice. Imports to the US
made under such conditions should be subject to countervailing duties, To this end, Labor
supports the expansion of the 'Section 301 procedure to include lack of environmentai standards
and the conditioning of US trade preferences (Generalized System of Preferences and Carribbear
Basin Initiative) on effective environmental regulations in the designated countries,
The recognition of lax enforcement of environmental regulations as an indirect subsidy
subject 10 lrade sanctions would minimize the competitive dlsadvantages borne by U.S.
based finns which are complying wilh environmental regulations. Nole Ihal Ihis issue
should be avoided althis lime. Discussion could prejudice NAFTA negotiations.
�IV. INDUS1RIES OF THE FUTURE:
WHO:
Craig Fields is currently the Chairman and CEO of the Microelectronics and
Computer Technology Corporation, an Austin-based R&D consortium of over 50
U.S. and Canadian information technology corporations. Fields joined MCC in
1990 after a much-publicized removal as director of Defense Advanced Research
Projects Agency (DARPA). His efforts to fund high·definition displays and other
technologies with both civilian and military applications lead to a year-long
confrontation with top White House officials.
GOALS:
•
Discuss the potential of government-industry partnerships to strengthen America's
technological leadership and create jobs.
•
Discuss proposals for leveraging the government's $76 billion investment in R&D
by shifting funds towards civilian R&D with industrial applications.
�QUESTIONS TO ADDRESS TO PARTICIPANTS:
I.
I believe that an infonnation superhighway will be as important to America's
economic future as the interstate highway system was in the 1950's and 1960's,
How do you see an information superhighway effecting your business1
2.
Have YDU been involved in a consortium or other form of govemmenHndustry
partnership? What lessons have you learned from that experience? [This would
be a good question to address to Dr, Gordon Moore. Moore is Chairman of Intel
and a member of SEMATECH, 1
3.
What are the major emerging markets of the 1990's1 How well is the United
States positioned to take advantage of those markets?
4.
Many people have noted that the adversarial relationship we have between
business, government and labor is a real obstaele to implementing an effective
technology policy. Do you have any specific recommendations for addressing
this problem?
POTENTIAL NEGATIVE QUESTIONS OR COMMENTS:
1.
I think all of this talk about technology policy is just another name for picking
winners and losers. We should let the markets decide what technologies are
important
~
Response:
not some bureaucrat in Washington.
I think the "picking winners and losers" argument is a red herring.
First of all, there is a broad consensus on the technologies which
will be most important for the 21st century. Second, we would
require that civilian technology initiatives be industry-led, with at
least 50 percept of the funds coming from industry. This would
ensure that these programs are' market~oriented.
2.
Why do you want to create a civilian version of DARPA? Won't reorganization
or creating a new organization be a big waste of time?
Response:
We are not committed to creating a new organization. We are also
considering broadening the mandate and mission of existing
organizations.
�SUMMARY OF CLINTON·GORE rosmoN PAPERS ON TECHNOLOGY &
MANUFACTURING
1.
Invest in 21st Century Infrastructure: Investing in infrastructure means more than
repairing bridges, roads, and highways. America's infrastructure needs in the 21st
century will include "infonnation superhighways," high-speed rail, and intelligent
vehicle-highway systems. For example, an advanced communications network will PUl
immense resources at the fingertips of American teachers and students. allow doctors
across the country to access leading medical expertise. provide technical information to
small businesses, and make telecommuting much easier. A porlion of the $20
billion/year Rebuild America Fund will he devoted to 21st century infrnstructure.
2.
Invest in technology programs that empower Americals small businesses: America's
20 million small busines"" account for 40 percent of our GNP, half of all employment,
and more than half of the job creation. The Clinton-Gore technology policy recognizes
the importance of small bus;nesses by (I) creating a national network of manufacturing
extension centers; and (2) expanding the Small Business Innovation Research (SBlR)
program. The manufacturing extension centers will build on the efforts of state and local
governments to help smaIl'busines"" improve productivity, adopt computer-integrnted
manufacturing te<:hniqucs, and identify training ooeds.
3.
Reform federal R&D programs to focus on crillral t«hnologies: At prescnt, 60
percent of $76 billion R&D budget is devoted to defense progrnms, and 4Q percent to
non-defense progrnms. With the end of the Cold War, over the next three years, the
federal government should shift the balance hetween defense and non-defense programs
back to a 50:50 balance, which would eventually free up $7 billion for investments in
critical technologies such as advanced materials, information technology, and advanced
manufacturing.
4.
Reform our National Labs: America's 726 federal laoorntories collectively have a
budget of $23 billion, but their current missions reflect the priorities of the Cold War.
Federal labs which can make a significant contribution to U.S. competitiveness should
have to to 20 percent of their existing budget assigned to establish joint ventures with
U.S. industry.
'
5.
Create a World-Class Business Environment for Private Sector Investment and
Innovation: In a global economy in which eapital and technology are increasingly
mobile. we must make sure that the United States has the best business environment.
This will require changes in tax and regulatory policy such as making the R&D tax credit
permanent, offering a 50 percent tax exclusion for long~term investments in new
busin~sses, and allowing firms to form joint production ventures.
�THE STATE OF U.S. HIGH-TECH COl'tfPETIITVENESS
A variety of assessments of America'~ competitiveness in hjgh~tech industries have been made
in reeent years. Most have concluded that the United States is behind or slipping in some
=tors (e.g., consumer electronics, machine tools, f1al-pane! displays)' but remains strong in
others (e.g., pharmaceuticals, biotechnology, aerospace).
The private-=tor Council on Competitiveness, established by John Young (HP) and now
chaired by George Fisher (Motorola) conducted an in-depth analysis of America's technological
competitiveness. Their report concluded that:
I.
There is a broad domestic and international consensus about the critical
generic technologies driving economic growth: When asked to develop a list
of 'critical technologieS", government industry officials and industry executives
in the EC, Japan or the United States always point to advanced materials,
advanced manufacturing, electronics and information technology. Environmental
and transportation technologies are also mentioned because of their social and
economic importance.
2.
The U.S. position in many critical te<:hnologies is slipping, and in some cases,
has been lost altogether. The Council found that the U.S. was "weak" or
"losing badly' in one-third of the critical technologies, and that "future trend, are
not encouraging.' The United Stale, tends to be strong in technologies that are
close to the basic research phase~ do not have heavy capital investment
requirements, can be initiated largely by individual efforts, and are strongly
supported by private sector and U.S. government investment in R&D.
Conversely, the United States is weak in those areas that have high capital needs
over a long period of time, have a significant manufacturing focus, or have been
. targeted by foreign governments.
3.
Foreign governments. are systematically pursuing leadership In critical
technologies: Our competitors have used R&D' incentives, government-industry
consortia, infrastructurejprograms, tax policy, and trade policy to strengthen the
competitiveness of their high-tech industries. Partiy as a result of foreign
targeting, the United States has lost market share in these industries .
4.
U.S. puhllc policy does not support American leadership in critieal'
teronologles:. Other Countries are spending more on civilian R&D as a
percentage of GDP than1we are. Only a small fraction of America's $76 billion
R&D budget is relevant to the needs of industry.
5.
Most of tbe technologie<; that will dri.. economic growtb over tbe ne.i decade
already exist. Indostry needs to be able to improve it. ability to convert
them into marketable products and services.
•
�PRINCIPLE'> FOR A GOVERNMENT ROLE IN SUPPORTING TECHNOWGY
The National Research Council's Panel on the Government Role In Civilian Technology, chaired
by former Secretary of Defense Harold Brown, recently released a report which sets forth six
principles for a civilian technology policy:
I.
Cost Sharlng: Requiring fums to "match" public funds leverages scarce federal
resources. It also ensures the market relevance of R&D projects, since firms are
unlikely to participate in projects that are not linked to commercial markets if
they must contribute 50 percent of the costs. Historically. federal civilian R&D
programs paid for entirely by the government have not done well.
2.
Industry Involvement in Project Initiation and Design:
Projects for
cooperative R&D ventures funded through government·industry partnerships
should be proposed and structured by industry.
3.
Insulation from Political Concerns: The choice of R&D projects should be
based on technical and economic assessments of the merits of a specific R&D
program. Political considerations should not influence the direction of R&D
programs or the location of R&D facilities. If ·pork·barrei" politics is allowed
to drive the allocation of R&D funding .. funds will be wasted, and a more
activist technology policy will be discredited.
4.
Diversification of Investments: A successful federal program will have a broad
portfolioofinvestmentsin biotechnology, materials, advanced manufacturing, and
computers and telecommunications. This will ensure that the program does not
become captured by anyone industry.
5.
Projects Open to Foreign YIl1lIS that Contribute to U.S. Economy: U.S. R&D
programs should be open to foreign firms that have extensive R&D and
manufacturing operations in the United States.
Limitations on foreign
participation in cooperative R&D,projects can isolate the U.S. from technological
[Note: This is probably the most
advances made in other countries.
controversial recommendation. Some American industries have argued that a
"U.S.·only' approach is sometimes necessary.)
6.
Program Evaluation: Civilian R&D initiatives should be evaluated by
independent experts to determine whether (I) the individual projects funded are
worthwhlle; and (2) whether the mechanism the govemment has chosen for
funding civilian R&D is effective.
�}:XAMPLFS OF GOVERNMENT·INDUSTRY PARTNFJlSHIPS
I. Advanced Technology Program: The ATP at the National Institute of Standards and
Technology (NlST) provides matching funds for technology development proposals from
individual businesses and industry-led joint R&D ventures. The purpose of the program is to
"assist United States businesses to carry out research and development on pre-competltive
generic technologies." Criteria for selection include scientific and technical merit, broad-based
benefits to lhe U.S. economy and technology base, technology transfer benefits, and the
proposer's level of commitment. Its level of funding has increased from $10 million in FY90
to $67.9 million in FY93. The ATP program is highly competitive. In the first two rounds of
awards, for example, (FY90, FY91), the ATP received 520 proposals, but was only able to fund
38. The ATP is supporting a broad range of technologies, including biotechnology,
microelectronics, machine tools, advanced automobile manufacturing, advanced materials) etc.
One project the ATP has funded is the:
•
Rapid Response Manufacturing Joint Venture: Led by the National Center for
Manufacturing Sciences, this joint venture is designed to shorten the time from
product design to production through computer-integrated manufacturing. The
project uses the production lines of consortium members as test-beds for
evaluation of automated design and production systems. Member; include Ford,
GM, Texas Instruments, United Technologies, CAD Inc., and Oak Ridge
National Labs.
.
2. lligb Performance Computing and Cotiununications Initiative:
The passage of the High Performance Computing Act of 1991, introduced by Senator
Gore, established the framework for this initiative. The goal of the HPCCI is to "accelerate
significantly the availability and utilization of the next generation of high performance computers
and networks.' In FY 93, the Administration requested a total of $803 million for the four
major components of the program:
•
High Performance Computing Systems: Development of prototype systems,
with a goal of supercomputers capable of trillions of operations per second by the
mid-1990's. Much of this R&D is being conducted in partnership with
supercomputer companies such as: Thinking Machines and Intel.
•
Advanced Software Technology and Algorithms: Generic software technology,
new algorithms, and prototype applications software. Oriented towards solving
"grand challenges. '
•
National Researclt and Education Network: One goal of the NREN is to
'revolutionize the ability of U.S. researchers to carry out collaborative R&D."
In the short-term, the focus is on upgrading the Internet. The long-term goal is
to promote the technology base necessary for a gigabit network. The network
will also serve as a testbed for new communications technology.
�•
•
Basic Resources and Human Resources: Basic research. university facilities!
and education, training. and curriculum.
A number of "grand challenges" that the HPCCI is intended to solve have been
identified. These are problems of ·such a magnitude and complexity that they will rC<juire
continuous advances in computational power and improvements in computational models for the
next decade or more.·
Examples of these grand challenges include rational drug design,
simulation of high speed civil tIansport~ design of combustion engines for greater fuel economy,
and modeling of ozone depletion.
3. SEMATECH:
This partnership was established in 1987 to restore American leadership in semiconductor
manufacturing technology. At the time, the United States was losing market share to Japan at
an alarming rate. A study conducted by the Defense Science Board concluded that dependence
on foreign semiconductors posed an unacceptable risk to America's national security. For these
reasons, the Congress supported a $100 million investment in an industry-led R&D consortia -,
matched by a $100 million investment from 14 of the nation's largest semiconductor firms.
SEMATECH eventually focused on shoring up U.S. semiconductor manufacturing
C<juipment firms. Here too, U.S. industry was rapidly losing ground to Japan. SEMATECH
improved the relationship between semiconductor manufacturers and theIr suppliers, and tried
to ensure that there was at least one U.S. supplier for every essential tool of the manufacturing
process.
Today, the U.S. semiconductor industry and its supplier base is poised to reclaim global
leadership from Japan. SEMATECH is only one of the factors behind this resurgence - but it
has worked.
�'~-~~~---
�.'.
Reform
PaD~1
President-elect Bill Clinton
Vice President-elect AI Gore, Jr.
Audrey Rice Oliver
YuVonne Hoovestal
Gary Lamb
Bob Friedman
William Donaldson
Patricia Cloherty
Sec. of the Treasury Lloyd Bentsen
Daphne Sloan
John Sandner
Puul Miller
Sec. of Labor Robert Reich
Irma Aores
Chair of CEA Laura Tyson
Ernesto Cortez
James Ho
Daniel Tully
Max DePree
Rosemary Tomich
Doug Ross
Jim Jones
Kathleen Piper
Director of OMB Leon Panetta
Dr. Ruth Ono
Economic Policy Advisor Robert Rubin
Robert Cizik
Ron Carey
Derrick Cephas
Cathy Bonner
David Osborne
..
*
Sec. of Commerce Ron Brown
* ;;;;Presenter
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�Reform Panel
Name
Company
category
St
Brotherhood
state of New York
Cooper Industries
Patricof and Co.
Industrial Areas
Herman Miller
New York Stock
Hospital Klean, Inc.
Corporation for
San Francisco
Greenw~y, Inc.
Allieriean Stock.
Iowa Farmers Union
Loyola Law School
Integrated Business
The Queen's Health
Progressive Policy
Pied Piper Flower
Michigan Future
Chicago Mercantile
Walnut Hills
Livestock Clearing,
Merrill Lynch 5: Co. I
Labor
Government
Business
Small Business
Non Profit
Business
Finance
Small Business
Non profit
Small Business
R/E,
,Business
Agribusiness
Small Business
High Tech
Healthcare
Non Profit
Small Business
Non Profit
Commodities
Non Profit
Agribusiness
Investment
TX 512-472-5059
DC 202-624-6800
IfY 212-618-6634
TX 713 739 5401
IfY 212-753-6300
TX 512 459 6551
MI 616-772-3300
IfY 212-656-4100
TX 210 342 1355
CA 415-495-2333
CA 415-567-2328
MT 406-458-9411
NY 212-306-1000
IA 515-489-2563
CA 310-736-1000
CA 510-275-2500
HI 808-547-4306
DC 508-768-3244
SO 605-665-7700/0
MI 313-645-0860
IL 312 930 1221
OH 513-861-6111
CA 310 208 8800
NY .212-449-1232
------------------------ Texas Dept. of
------------------- Government
--------------Cathy Bonner"
Ms.
Mr.
Mr.
Mr.
Ron Carey
Derrick cephas
Hobert Cizik
Ms. Patricia Cloherty
Mr. Ernesto Cortes
Mr. Max De Pree
Mr.
Ms.
Mr.
Mr.
Ms~
Mr~
Mr.
Mr.
Ms.
Dr.
Ilk Mr.
Ms.
i'""Mr.
Mr.
Ms.
Ms.
Mr.
William Donaldson
Irma E. Flores
'Bob Fr iedman
James Ho
¥uVonne Hoovestal
Jim Jones
Gary D~ Lamb
Paul Miller
Audrey Rice Oliver
Ruth M. Ono
David Osborne
Kathleen Piper
Doug Ross
John F. Sandner
Daphne A. Sloan
Rosemary Tomich
Daniel T. Tully
~ 'i't:.t:>st',\-4:.,.
,
"
Int~l.
Phone #
�,
WORKING SESSION V; THE CONNECTION EETWEEN REFORMING
GOVERNMENT AND ECONOMIC GROWTH
Presenters:
David Osborne
Doug Ross
Panelists:
Bonner. Cathy
Austin, TX
Executive Director, Texas Department of Commerce
She is responsible for economic development and international trade
programs, work force training and retraining, and the state'S tourism
programs.
Former State Director of Economic Development.
Prior to that, Ms. Bonner owned a marketing firm specializing in
economic development, a construction firm and a direct mall form.
She was a founder of the Texas Cable Television network; she also
founded the Leadership Texas and Leadership America programs.
Primary concerns: improving job training.
Carey. Ron
Washington. DC
President, Internationai Brotherhood of Teamsters
Teamster's first democraticaily elected president (1992)
Vowed to "rid the union of mob influence"
joined the Teamsters in 1956 as a UPS delivery man.
New York, NY
Cephas. Derrick D.
New York State Superintendent of Banks since 1991; Chairman of NY
State Banking Eoard; a director of NY State Urban Development Corps and
NY State Job Development Authority. Formerly a partner at Breed,
Abbott & Morgan.
"What can we do to make government more fiexible and less rigid,
and more amenable to entrepreneurial innovation 7"
�.!
",
Cizik. Robert
Houston, TX
Chalnrum and C.E.O. of Cooper Industries, Inc. (with Cooper since 1961,
C.E.O. since 1975, Chalr since 1983)
Chalrman of National Assn. of Manufacturers; Vice-chalrman, Board of the
Committee for Economic Development
"The regulatory environment is too onerous and too costly to business.
How can we reform regulatory structure to make it easier for business?"
Cloherty. Pat/icia M,
New York City, NY
General Partner and Senior VP, Patricof & Co. Ventures, Inc. (since
1988)
Former Deputy Administrator, US Small Business Administration
(1977-78)
Founding President, Committee of ZOO (organization of America's
leading women entrepreneurs and corporate executives)
Co-Founder, Tessler & Cloherty, Inc. (advised on venture fund
formation in several nations)
Chairs National Advisory Council on Small Business Investment Company
prognun.
Austin, TX
Cones. Ernesto
Director, Industrial Areas Foundation for Southwestern U.S.
Creawd community organizations such as UNO in LA., COPS in San
Antonio, EPISO in EI Paso and TMO in Houston.
Governor Clinton met with LA-F. Network leaders in August in Austin
De Pree. Max
Zeeland, Ml
Chalrman, Herman Miller, Inc. (design, manufacture and sale of
office furniture systems for the healthcare industry - second largest
furniture manufacturer in the world)
Started with Herman Miler in 1947.
Boards: Fuller Theological Seminary; Hope College; Words of Hope
Books: Leadership is an Art; Leadership Jazz
�. Donaldson, William H,
New York, New York
Chainnan and Chief Executive Officer of New York Stock Exchange
Co-Founder of Donaldson, Lufkin & Jenrette, Inc,
. Named U.S. Businessman of the Year by the Associated Press
Government and Military Service includes appointment of
Undersecretary of State by Former President Nixon
'Ukes the idea of entrepreneurial characteristics being used to make
government more efficient'and operate like business;
,
Elores, Irma
San Antonio, TX
President of Hospital Klean (janitoriai company servicing military and
government hospitals nation,,1de)
Board of San Antonio Chamber of Commerce
Friedman, Robert E,
Washington, DC
Chairman and founder of the Corporation for Enterprise Development,
Books: The Safety Net As Ladder: Transfer Payments and Economic
Development
CFED has pioneered economic development strategies such as: creating a
realistiC self-employment option for the poor and unemployed through
micro enterprise development; flexible manufacturing networks as a
business modernization strategy; asset building and Individual
Development Accounts as an anti-poverty strategy; the Second (in-state
investment) and Third (entrepreneurial governance) Waves of state
economic development policy,
Primary concerns: Will the "enonnous opportunity" portions of the
Clinton plan (eg, mlcroenterprises, development banks, IDAs, AFDC
asset limits) be an integral part and priority of the growth package?
HD. lames K.
San Francisco, CA
Senior Advisor to the Mayor of San Francisco
Serves on the San Francisco Airport Commission
Board member of Chinese Hospital
Director of the Chinese Chamber of Commerce
,
"Government should work more with, and like, the private sector,
particularly as a partner of U.S, business abroad."
�HQoves!a1. Yuyoone D.
Helena, MT
President of Greenway Enterprises, Inc. (institutional construction since
1978)
Greenway builds industrial buildings, offices, warehouses, bridges, roads
and highways, dormitories, jalls, and many U.S. embassies abroad:
Member, Montana Chamber of Commerce Board
Ms. Hoovestal is a Gras Ventre Indian
New York, NY
lanes. lames R,
Chalrman and Chief Executive Officer of the American Stock Exchange
Former Democratic Congressman from Oklahoma (1973-87)
Chalr, House Budget Committee; Chalr, Social Security Subcommittee,
Chalrman, U.s.-Japan Trade Task Force.
Former Special Assistant and Appointments Secretary for President
Johnson.
Primary concerns: short term stimulus vs. deficit reduction
1Junb, Gary D.
Iowa
President- Iowa Farmers Union
Former president of the Tama County Cattlemen's Assoc., 1978-1982
Iowa Agricultural Ualson for Senator Tom Harkin 1984-18-986
Member of Iowa Center for Agriculture Safety and Health
He believes that agriculture is a fundamentally different industry, and
that government has to base its policies on that perception.
MUlero Paul
Los Angeles, CA
Professor, Loyola Law School
Expert on the Americans with Disabilities Act
Leader in the disabled community.
Primary concerns: disability economic issues
�,
Oliyer. Audrey Rice
San Ramon, CA
President of Integrated Business Solutions, Inc.
IBS provides systems integration. software development, and hardware
and software procurement to companies and government entities .
. Developed Minority/Woman Business Enterprise participation programs
for a variety of public transportation and utility and transportation
agencies. (1974-1984)
Oliver wrote much of the language for the federal transportation
regulations.
She is very excited to talk about small business, new technologies,
investing in infrastructure, and access to capital.
Ono. Dr. Ruth M.
Honolulu, HI
Vice-President of The Queen's Health Systems (there since 1963)
President Emeritus, the American Business Women's A.ssociation
Boards include: Univ. of Hawaii, Hawaiian ElectriC, American Savings
Bank, Hawaii Visitors Bureau.
Piper. Kathleen
Yankton, SD
Vice President, Pied Piper Flower Shop
Yankton County Corrunissioner, elected 1986 and 1990
Yankton Area Chamber of Commerce since 1976
Yankton County Democrats, vice chairwoman since 1989
South Dakota Youth Advocacy Project since 1989
She believes that our economic problems stem from a lack of
expertise on the pan of the people preparing state and local budgets.
They over inflate budgets to protect themselves and end up spending
all the excess at the end of the fiscal year, wasting billions.
"Government should be frugal."
�.,
"
Sander. John F, (Jack)
Chicago, IL
Chainnan of the Chicago Mercantile Exchange (on and off since 1980)
developed GLOBEX - an international after-hours trading system for
futures and options,
President and C,E,O., RB&H, Inc., a futures commission merchant.
Fonner practicing attorney at Lane & Monday,
"The problem with the economy is that the mind set of government
regulators is to avoid risk and remain safe. This must he changed."
Cincinnati. OB
Sloan. Da.phne A.
Executive Director of the Wainut'Hills Redevelopment Foundation, Inc.
(since 1985) - the non-profit corporation revitalizes historic buildings
with public/private partnership financing; also ovms and manages 300
low cost housing unlts. The foundation also owns and operates
approximately 300 low income housing units,
Primary concerns: role of communlty development corporations
lQroi~ll,
KQsema,ry
Los Angeles, CA
Chair and President of the Hope Cattle Company
Chair and President of livestock Clearing Inc.
Owner of A.S. TOmich Construction Company
Sen10r llxecutive and Director of Contintal Culture Specialists Inc.
Founding director of Palm Springs Savings Bank
lully. Danlel
New York, NY
President and C,E.O., Merrill Lynch & Co.
Primary concerns: long tenn growth and global competitiveness.
�"
WORKING SESSION V:
THE CONNECTION BETWEEN REFORMING
GOVERNMENT AND ECONOMIC GROWTH
EVENT:
A one and a half hour discussion on the ways in which we can bring the entrepreneurial
spirit to government.
RATIONALE AND GOALS:
•
To emphasize that the Clinton·Gore investment plan is not politics as usual •• making
promises to reform government that are abandoned upon winning the election. \Ve
rewgniw that government - as well as the private sootor .. needs to be restructured
if we are to promote economic growth.
•
Government must also be responsive to local initiatives I and help empower working
families to revitalize their cities and communities.
WHO:
David Osborne is the co-author of Reinventing GQYI\mment and author of Laboratories of
Democracy. He lectures widely
to
business, government and academic audiences, serves as
a fellow of the Progressive Policy Institute, and associate of the Council of Governors Policy
. Advisors, a consultant to state and local governments, and a columnist for Governing
magazine.
Doug Ross is the President of Michigan Future, [nc., a citizen organizatio~ seeking to apply
rebuilding of Michigan's economy) and a Visiting Lecturer for the Institute for Public Policy
Studies at the University of Michigan. He served as Governor Jim Blanchard's Commerce
Director in Michigan, winning the National Governors Association Award for Public Service
Excellence in 1988, He has been a leader over the past decade in the effon to reinvent
government in order to make it work better.
Emeslo Cortes is Director of the Industrial Areas Foundation (lAP) for the Southwest
United States. The lAP is a network of community mobilization groups across the nation.
Cortes has founded IAF groups in Los Angeles, Arizona, and throughout Texas. Cortes's
longest-live.d and most influential group is COPS (Communities Organized for Public
Service). According to the Christian Science Monitor, "COPS transformed neighborhoods of
Jow-income, undereducated Hispanics into an organized, informed, and politically savvy
group willing to take on city hall." Cortes was awarded one of the MacArthur Foundation's
'Igenius ff fellowships.
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BACKGROUI\'D:
Overview
According to Reinventing Government author David Osborne, Michigan economic consultant
Doug Ross, and many others, the U.S, needs a fundamental restnlcturing of government-
especially the federal government. The public wants such changes: 85% believe the federal
government needs "fundamental changes" or "complete rebuilding," and the average citizen
believes over half of every federnl tax dollar'is wasted. Despite the rhetorical .ttacla; on big
government by the Reagan/Bush administrations, the civilian workforce grew by over
235,000 (to 3.1 million in 1992) during the past 12 years, and there were few significant
reforms in the way the federal government does business.
Advocates of refonn argue that. in an information age. centralized,' t{)p~down, command-and
control bureaucracies are usually ineffective) inefficient, and stifling to innovation. They call
for a more entrepreneurial government that would be:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Catalytic; it should "steer" rather than "row. tI
Community..owned; it should empower citizens, not patemalize clients.
Competitive; it should use competition to improve services.
Mission-driven; it should be organized around missions, not turf.
Results-oriented; it should focus on real outcomes, not inputs,
Customer.-driven; customers' needs. not the bureaucracy's. should rule.
Enterprising; departments should be allowed to earn money.
Anticipatory; it should find ways to foresee future impacts.
Decentralized; its operations should be Close to the poople.
Markel-oriented; it should u~ market forces to achieve public goals.
In the Progressive Policy Institute's MOOd;!!!: for ChanZl:, Osborne and Ross suggest specific
ways to apply these principles to the federal government. These include;
•
•
•
•
•
•
•
Revive federalism; devolve small grant programs to states and localities.
Start a State & Local De~regulatory Initiative stressing waivers, etc.
Push for annual productivity gains of 3 % in all federnl agencies.
In certain over-centralized agencies, impose 6% annual budget cuts.
Reform budget and accounting rules to stress flexibility and foresight.
Create incentives for innovation.
Introduce competition into federal agencies to improve services.
Reviving Federalism
While state and local governments once lacked professionalism, accountability, and capacity;
there are now often better able than the federnl government to meet public needs. They are
closer to local circumstances. They have learned habits of fiscal discipline, due to their
obligations to achieve balaneed budgets, They have been more innovative than the federnl
�'.
government on many issues throughout the past decade. They have a far higher level of
professionalism now than in years past.
Many programs that eould be run locally are now run centr.llly -- and often, badly -- by the
federal government. There are currently over 500 federal grant programs, supporting
everything from local economic development to police protection. AcCording to a 1981
study, 90% of 473 federal programs accounted for only 10% of the funding, and eould have
been devolved to state and local governments. The small amounts involved in many of these
grant programs make federal administration impractical and expensive. For example, most
of the Department of Education's 90 separate grant programs have funding levels of under
$15 million. Partly as a result of the need to micromanage small grant efforts, over a
quarter of HUO's 4.000 employees work: on "indirect support and management.·
To revive American federalism and improve services, many of these programs should be
devolved to lower levels of government. Osborne calls for eliminating. about 100 current
grant programs. This step would save $17 billion. He suggests returning about $7 billion of
this amount to the states, and using the remaining $10 billion for deficit reduction. He calls
for consolidating another 400 grants into much broader, goals-oriented programs that would
allow for far greater local flexibility.
The inflexibility of federal rules is also a harrier to good governance. Many waivers from
federal programs take over a year to obtaln, even though they may last only a year or two at
a time. Congress has refused to permit the Department of Education any waiver authority
for its programs. Osborne calls for a 'State and Local De-regulatory Initiative" that would
make it easier to obtain waivers on federal programs rules.
To oversee the sorting out of new responsibilities among the federal, state, and local
governments, Osborne calls for a Commission on the New Federalism, and the appointment
of a Federalism Czar. He compares these steps to other major point') of reorganization in the
federal government - FDR's appointment of the Brownlow Commission, and Truman's
creation of the Hoover Commission.
Mnkine tbe Federal Government Mlln: Entn:preneurial
Specific idea, include:
Insist on 3% annual productivity gains from each agency. Private businesses typically
expect this level of productivity gain each year. The same could be achieved in the federal
government by cutting agency budgets by 3% each year, after inflation, except in cases
where policy changes required budget changes.
Cut over-centralized agencies by 6% annually. Some parts of the federal government, such
as the military. must or row" as well as • steer." But other agencies are unnecessarily
centralized, bureaucratic, and involved in actual service delivery. Osborne cites Commerce 1
Agriculture, and HUD as examples. To encourage these agencies to assume a more catalytic
role, their budgets should be cut by 6% annually.
�Reduce the degree of line item budgeting. One military branch has 26 line items relating to
housing repairs on its bases. Consolidating line items into broader groups would allow
agencies to meet changing needs more efficiently and promptly, and can even boost job
satisfaction and geneml momle.
Give agencie$ aDd individual staff incentives to save and make money. Agencies have
little incentive to introduce money-saving or money~raising ideas (such as sale of assets)
because funds saved or raised must be returned to the Treasury. Agencies should be allowed
to carry over up to half of any budget savings at fiscal year's end, and Congress should pass
a "Non-Tax Revenue Act," enabling agencies to keep half of any money they make on their
ov,",. Individual employees might be permitted to keep some portion of the returns from
their money-saving ideas.
Introduce competition t.o improve: government services. Agencies and divisions should
require competition :. among public units, or between public and private units .. in providing
certain services. The Postal Service, for example, could be required to contract out certain
functions, with its 0"11 units permitted to compete.
Reform the Civil Service System. The system, which has not experienced basic reform
since 1949, should be changed to reduce the number of job classifications, streamline appeal
procedures 011 firing, provide greater use of bonuses and performance.based pay, and
increase inve.'itments in training.
Create an Innovation Fund. Allow agencies to use a small percentage of their budgets on a
discretionary basis to invest in money-saving initiatives.
Pass • sunset law on programs and regulations. Obsolete programs and needlessly
detailed regulations -- such as DoD's 14 pages of regulations on how to purchase fruitcakes·
. periodically should be required to justify their existence.
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The list of Participants
Mr. Paul Allaire
Xerox Corporation
Stamford, CT
Mr. Thomas M. Bettridge
Office of the Comptroller of NYC
New York, NY
M r. Robert Allen
Basking Ridge. NJ
Mr. Owen Bieber
United Auto Workers
Detroit, MI
Mr. Edwin L. Arizt
Procter and Gamble
Cincinnati, OH
Mr. Allen Bildner
SME Co., Inc.
Roseland, NJ
Mr. Clarence Avant
Tabu Productions, Inc.
Los Angeles, CA
Ms. Barbara Blum
Adams National Bank
Washington, DC
Mr. Mike Bailin
Public/Private V.!ntures
Philadelphia, PA
Ms. Joan Bok
New England Electric System
Westboro, MA
Ms. Zoe Baird
Aetna Life Insurance
Hartford, cr
Ms. Cathy Bonner
Texas Dept. of Conunerce
Austin, TX
Mr. Dennis Bakke
Applied Energy Services, Corp.
Arlington, VA
Mr. Al Boutte
Independence Bank
Chicago, IL
Ms. Jill Barad
Mallei Company
El Segundo, CA
Ms. Crandall Bowles
Springs Industries
Fort Mill, SC
Mr. Dave Barram
Apple Computer
Cupertino, CA
Mr. Ernest Boyer
Carnegie Foundation
Princeton, NJ
Ms. Carol Bartz
Autodisk
Sausalito. CA
Mr. Wilfred Braceras
Southeastern Health Management
Miami. FL
Mr. Michael Beoatty
The Coastal Corporation
llotlston, TX
Mr. Curt Bradbury
Worthen Bank
Little Rock, AR
Mr. Richard C. Bertsch
Metrosound U.S.A. INC.
Paramount, CA
Mr. Bill Brandon
National Bank of Phillips County
Helena, AR
AT&T
�Mr. Facundo Bra"'o
Uniboring, Inc.
Howell, MI
Mr. Milton CArroll
Ms. Martha Briley
Ms. Gwen Carter
USA Travel AgMCy
New Orleans, LA
Prudential lnsuram:e Co.
Newark. NJ
Mr. Andrew Brimmer
Brimmer Company
Ins(n,lmenl Products
Houston. TX
Washington. DC
Ms. Deborah Castleman
Rand Co.
Santa Monica, CA
Me. David Britt
Children's Television Workl'hop
New York, NY
Me. Derrick Cepha.~
State of New York
New York, NY
Mr. Ken Brooy
New York. NY
Ms. Letitia Chambers
Chambers Associates, Inc.
Washington. DC
Mr. Frank Brooks
Brook." Sausage Co.
Kenosha, WI
Ms. Beverly Chapman
Ashley's Production
Orlando. FL
Mr. John E. Brran
Sara Lee Corp.
Chicago, IL
Oilham:: Building Company
Mr. JOM E. Br:yson
So. California Edison
Rosemead, CA
Mr. Robert Cirik:
Cooper Industries
Houston, TX
Mr. Philip M. Burgess
Center for the New West
Pacific Gas &. Electric
Denver. CO
8M Francisco, CA
Mr. August A. Buscb, Ul
Anheuser-Busch Companies, Inc.
S!. Louis, MO
Ms. Joan Claybrook
Mr. Louis Cabot
Cuhot Corpora!ion
Boston, MA
Mr. W. Graham Claytor, Jr.
National RailrQ1lu Passenger Corp.
Wa.-:hington. DC
Mr. Ron Care)'
Int'!. Broth!!mooo of Teamsters
Ms, Lilia C. Clemente
Clemente CapiUlI, Inc;
Washinglon. DC
New York, NY
Ms. Candice Carpenter
Time-Life Vid020 and Television
Alexandria, VA
Bel! South Corp.
Atlanta, GA
Petru~
Partners, Ltd.
Mr. Paull. Choquette
Providence, Rl
Mr. Richard Clarke
Public Citizen
Wasbington, DC
Mr. John L. Clendenin
2
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Ms. Patricia Cloherty
Patricof and Co,
New York, NY
Mr. Frank Cruz
Gulf Atlantic Life Insurance
Los Angeles, CA
Ms. lohnnetta B. Cole
Spelman College
Atlanta, GA
Ms: Audrey Davis
Carolyn Jordan And Associates
,IL
Ms. June Collier
National Apparel, Inc.
Montgomery, AI.
Mr. Max De Pree
Herman Miller Furniture
Zeeland, MI
Ms. Sophia Collier
Working Assets Capital Management
Portsmouth, NH
Mr. Ken Derr
Chevron Corporation
San Francisco,
Ms. Susan Collins
Brookings Institution
Washington, DC
Ms. Martha Diepenbrock
L.A. Conservation Corps
Los Angeles, CA
Ms. Jill Considine
New York, NY
Ms. Jill Docking
A.G. Edwards
Wichita, KS
Mr. John F. Cooke
The Disney Ch:umel
Burbank, CA
Mr. Thomas Donahue
AFL-CIO
Washington. DC
Ms. Kathleen Cooper
Exxon Corp.
Irving, TX
Mr. William Donaldson
New York Stock Exchange, Inc.
New York, NY
Mr. John Correnti
Nucor Corporation
Charlotte, NC
Mr. Fran Dramis
NMI
Fairfax, VA
M r. Charles A. Corry
USX Corp.
Pittsburgh, PA
Ms.
Mr. Ernesto Cortes
Industrial Areus Foundation
Austin, TX
Ms. Jan Eddy
Wingra Technologies
Madison. WI
Mr. Archibald Cox, Jr.
The First Boslon Company
New York, NY
Ms. Marian Wright Edelman
Children's Defense Fund
Washington, DC
M r. Bob Crandall
American Airlines
DFW International Airport, TX
Mr. Herb Elish
Weirton Steel
Weirton. WV
American
Expn~s
Bank
C~
Sandra Rhodes Duncan
Rhodes Enterprises
New Orleans, LA
3
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Mr. Walter Y. Elisha
Springs Industri~:
Fort Mill, SC
Ms. Ellen Galinsky
Families & Work Institute
New York, NY
Mr. Jim Fallows
The Atlantic Monthly
Washington, DC
Ms. Patricia Gallup
PC Connections, Inc.
Marlow, NH
Mr. Alfonso Fanjul
Flo·Sun
West Palm Beach. FL
Mr. David B. Garcia
CEDRA Pharmaceuticals
Austin, TX
Mr. Larry Fanm~r, Sf.
Mississippi Action for Community Education
Greenville, MS
Mr. Ed Gardner
Softsheen Products Inc.
Chicago, IL
Ms. Cherill,Farnsworth
TME, Inc.
Houston, TX
Mr. David Geffen
Geffen Records
Los Angeles. CA
Mr. Craig Fields
MCC
Austin. TX
Mr. Keith Geiger
Mr. George Fisher
Motorola, Inc.
Schaumberg, IL
Mr. John Georges
International Paper Company
Purchase, NY
Mr. Buzz Fitzgerald
Bath Ironworks Corporation
Bath, ME
Mr. Robert Georgine
AFL-CIO Bldg. & Construction Trades Dept.
Washington, DC
Ms. Irma E. Flores
Hospital Klean, Inc.
San Antonio, TX
Mr. Ralph Gerson
Guardian Industries
Northville. MY
Mr. Thomas E. Freston
New York, NY
Mr. David Glass
WaJ-Mart
Bentonville, AR
Mr. Bob Friedman
Corporation for Enterprise Development
San Francisco, CA
Mr. Roberto Goizueta
Coca-Cola
Atlanta, GA
Dr. Phil Frost
IVAX Corp.
Miami, FL
Mr. Peter C. Goldmark, Jr.
Rockefeller Foundation
New York, NY
Mr. Glen Fukushima
AT&T Japan Ltd.
Minato-ku, Tokyo 105,
Mrs. Ellen R. Gordon
Tootsie Roll Industries, Inc.
Chicago, lL
MTV
NEA
Washington. DC
4
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,
BlKcK Enterprise Magaune
~k Elmer Harris
Aiahama Power Co.
New Yon:, NY
Birmingham, AL
Rev, William Gtay
United Negro College Fund
Washington. DC
Dr. George Hatsopoulos
Thermoelectron Corporation
Wa1tham, MA
Ms. Margaret Green
South Cl.lnlral Bell, KePlucky
Mr, Wilbur Hawkins
Community Diversity Development, TVA
Louisville. KY
Memphis. TN
Mr, Sanford Grecnoorg
Mr. Jess Hay
Lomis Mortgage Capita!
Mr. Earl Graves
TEl Imlustries. Inc,
Washington. DC
Dallas, TX
Mr. nrian Greem;pun
Ve~as Sua Newspaper
Las Vegas. NV
Guilford Mills:, Inc.
Mr. Bob Greenstein
Center on Budget and Policy Priorities
Washington, OC
Mr, Robert A. Hefner. III
TheGHK Co.
Oklahoma City. OK
Mr. P.M. Grieve
Ecolab. Inc.
St Paul, MN
Dr. DQrothy I, Height
Las
Mr. Omtles A, Hayes
Greensboro, NC
National Council of Negro Women
Washington, DC
Me Gerald Grinstein
Ms, JoAnn Heffernan Heisen
Burlington Northern RR Co.
Ft. Worth, TX
johnson and Johnson
Ms. Barbara Grogan
Western lnduslrial Contractors
Denver, CO
Ms. Betsy Henley~Cohn
Joseph Cohn and Sons,
New Haven, IT
Ms. Susan Hager
Hager Sharpe, Inc,
Washington, DC
Mr. Arnold Himl
Stride Rite Foundation
Boston, MA
Ms. Katherine Hammer
Evolutionary T e(hnolng:y. Inc.
Austin. TX
Mr. Jesse Bill
Atlanta Ufe insurance
Atlanta. GA
Ms. Sheryl L. Handler
Thinking Machin:! Corp"
Mr. Norman Hill
A Philip Randolph InSiitute
WMrungton. DC
Cambridge. M A
Ms. Elena HMISgi
ACORK
Linle Rock, /\R
New Br\lflSWtck. NJ
Mr. lames Ho
Sao Francisco International
San Frnncisco; CA
5
�,
Mr. Fred Hochberg
Lillian Vernon Corporation
Mt. Vernon. NY
Mr. Robert Johnson
Black Entertainment Television
Rosslyn, VA
Ms. YuVonne Ho{)veslai
Greenway, Inc.
Helena, MT
Mr. Roger W. Johnson
Western Digital Corp.
Irvine. CA
Ms. Karen Horn
SancOne, Cleve\:md, N.A.
Cleveland, OH
Mr. Clark 1. Jones
Jones Motor Company
Savannah, TN
Mr. Mary Houghton
Shorehank Corp .
. Chicago. IL
Mr. Jim Jones
American Stock Exchange
New York, NY
Ms. Karetla Hubbard
Hubbard and Revo-Cohen
Reston, VA
Mr. Raymond Jones
Fabricated Technology, Inc.
Irving, TX
Ms. Marilyn Fn:nch Hubbard
Marilyn Hubbard Seminars, Jnc.
Detroit, MI
Ms. Carolyn Jordan
Carolyn Jordan and Associates
Mr. Paul C. Hudson
Broadway Federal Savings and Loan
Los Angeles, CA
Dr. Elaine Kamarck
Progressive Policy Institute
Washington, DC
Mr. Robert Hurst
Michigan Bell Telephone
Detroit, MI
Ms. Virginia Kamsky
Kamsky Associates, Inc.
New York, NY
Mr. Richard A. Jahn
WOTCO, Inc.
Casper, WY
Dr. Rosabeth Moss Kanter
Harvard Business School
Boston, MA
Mr. Charles Jamt!S
C.H. James and Co,
Charleston. WV
Ms. Ann Kaplan
Goldman Sachs
New York, NY
Mr. Richard H. Jenrt!tle
The Equitable Companies. Inc.
New York, NY
Me. Herb Kelleher
Southwestern Airlines
Dallas, TX
Mr. Charles Johnson
Pioneer Hi-Bred Inl'l. Inc.
Des Moines. IA
Ms. Mary F, Kelley
Strait Kushinsky and Company
Denver. CO
Mr. James Johnson
Fannie-Mae
Wasbington. DC
Mr. Denny Kempner, III
Imperial Holly Corporation
Sugarland. TX
• IN
6
�Ms. Ayse ManYll5 Kenmore
Equivest Partners, Inc.
Mr. ArthuT Levitt
Levitt Modia Company
San Francisco, CA
New Yorie, NY
Me. Calvin King
Ark, Land and Farm Development
Brinkley, AR
Mr, Delano Lewis
C&P Telephone Co.
Washington, DC
Mr. Drew Lewis
Ms. Susan King
Corning. Inc.
Corning, NY
Union Pacific Corporation
Bethlehem. PA
Mr. William Kistler
Kil>lier Investment Co.
New York. NY
Me Edward T. ~'is
EFSenCe Communications, Jnc.
Ms. Kay Koplovitz
USA Network
Ms. Pam Linton
New York. NY
Williston. VT
Ms, Sandra Kurtzig
ASK Group
Ms, ~ruse Ilitclt Utes
Little Caesar's Enterprises
Mountainvrew, CA
Detroit, Ml
Mr, Gary D, Lamb
Iowa Farmers Union
Chelsea. IA
Mr, Bruce UeweUyn
Rubin. BIlUUl. Levin. Constant and Friedman
New York, NY
Mr. George Umdegger
Parsons and Whittmore
Rye Brook, NY
Parque Real. S.E.
San JWltl, PR
New York, NY
Pollution Solutions of Vermont
Mr, Franklin
~hUlO
Lopez
Mr. Vincent L.ane
Chicago Housing Authority
Chicago, IL
Me Edward Lowe
Edward Lowe )ndustries
Mr. Edison R. Lara, Sr.
Westside Distributors
Southgate, CA
Mr, Sigurd Lucassen
United· Brotberhood of Carpenters & Joiners
Mr. Miguel Lausell
Attorney at law
Hato Rey, PR
Dr, Shirley Malcom
Dlroclorale for Education &. Human Resources Dept.
Washington, DC
.
~ir. M. Larry Lawrence
Hotel del Coronado Corp.
Coronado, CA
Ms. Wilma Mankiller
Cherokee Nation
T.ml"luah, OK
~li"MJ
Wasbington, DC
Ms, Evelyn Lee
Mr. Reuben Mark
On.ly in Utah
Colgate-Palmolive Co.
Sal! Lake
Ci~y,
UT
New York, NY
7
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Ms. Anne Markllsen
Rutgers University
New BrunSWick, NJ
Ms. Mary Ann Mills
Soapbox Trading Company
Cambridge. MA
Ms, Jessica Tuchman Mathews
Mr. Olan Mills. Ii
World Resource:; Institute
DIan Mills Studios
Washington, DC
Cnattanooga. TN
Mr. David Matter
Oxford Development Corp.
Pittsburgh, PA
Ms. Sybil Mobley
Florida A&M
TJillaha:ssee. PL
North General Hospital
Harlem, NY
Mr. Gordon E, Moore
Jntel Corporation
Santa Clara, CA
Ms. Molly McCammon
Alaska State Senate
Juneau. AK
JM! lncorporated
Sugarland, TX
,Mr. EU!lene McCabe.
Mr, john Moores
Mr. Raymond.T. McClendon
Pryor, McClendon, Counts &. Co,. Inc.
Washington, DC
Mr. W. Patrick Mlllloy, n
Commonwealth of Kentucky
Mr. HuSh L. McColl, Jf.
NalionsBank Corporation
Charlotte, NC
Ms. Alida Munnell
Federal Reserve Bank
Boston. MA '
Mr. Gerald McEntee
AFSCME
Mr. Don Munro
The Munro Companies
Washington, DC
Hot Sprw.gs, AR
Mr. lohn G. Medlin
Wachovia CO'lxmnion
Winston-Salem, NC
Ms, Josie C, Naton
NATORI
Ms. Diana Meehan
UBU Productions
Los An!leles. CA
Ms, Virginia Nelsen
North Dakota MI.Cf'(.LBusiness Marketing Altiance
Mandan. ND
Ms. Sharon Megdal
MegEcon Consulting
Tucson, AZ
Ms, Karen Nusbanm
9 to S. National Association of .Working Women
Cleveland, OH
Ms. Leoore ;Vliller
RWDSU
New York, NY
Mr. Paul O'Neill
Aluminum Cnmpatly of America
Pittsburgh, fA
Mr. Paul Miller
Loyola Law School
Los Angeles, CA
Ms. Audrey Rice Oliver
Integrated Bus:ine...... Systems, Inc,
San Ramon. CA
Fmnkfurl. KY
New York. NY
�•
Mr. John Dng
Goodrich
Akron.OH
Ms, Kathleen Piper
Pied Piper Flower shop
Yankton. SD
Dr. Ruth M. Dno
The Queen's He:ulh Service
Honolulu, HI
Mr, Harold A. Poling
Ford Motor Company
Dearborn, MI
Ms. Lacene OIVis
Caulkins Indiantown Citrus Co.
Indiantown. FL
Mr. Ron Pollack
Families, USA
Washington, I?C
Mr. Jack Otero
Labor Council for l,.aI.in AmenCilli Advancement
Washington. DC
Me Frank P. POpOff
The Dow Chemical Company
Midland, Ml
Mr. Richard D. Parsons
Dime Savings Bamk of New York
New York. NY
Economlc Sirategy Institute
Mr. Alan J. Patriwf
Palricof & Co.
New York. NY
Mr. Kirk Rub
Genentec:h
S. San Francisco. CA
Ms. loAuln Payne
Payne, Sbea and Assoc.• Jnc.
Arlington, VA
Mr. William Rainer
Rainer investments
Riverside, CT
Mr. Jerry K. lleari man
Zenith Electronics Corp.
Mt. Bruce C. Ratner
Forest City Ratner Companies
Glenvjew,IL
Brooklyn, NY
Mr. Clyde Prestowitz
Washington, DC
Mr. Harry L. Pearson
Mr. Howard Curtis Reed
Indiana Farm Burea\!, Inc,
Curt Reed & Co.
Hartford City, IN
Uttle Rock, AR
Mr. Jorge PeJeL
Rdmed Companies
Miami, FL
Cilicorp
Mr. Larry Perlman
Ceridlan & CQrp.
Minneapolis. MN
Ms. Jea.!lnitte Pemgnon
Commercial Bank of San FrancillCo
Sill;
Francisco, CA
Mr. John S. Reed
New York, NY
Ms. Beth Renge
Reng~
Securities & Co,
San Fnmcir.co, CA
Mr, James Riady
Lippobank
Los Angeles. CA
Ms. Cheryl Perrin
Fred Meyer Corp.
Ms. IJnda 1ohnson Rice
Johnson Publishing
Portland, on
Chi~go,
IL
9
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Mr. Dennis Rivera
Local 1199 Hospital Workers
New York, NY
Mr. Tony Sanchez
Sanchez, O'Brien Oil and Gas Corp.
Laredo, TX
Mr. Roger T. Roberson
PFTIRoberson Corporation
Fanner City, IL
Dr. Charles A. Sanders
Glaxo, Inc.
Research Triangle Park. NC
Mr. Brian Roberts
Philadelphia, PA
Ms. Marion O. Sandler
World Savings
Oakland, CA
Mr. Sandy Robertson
Robertson, Coleman, Stephens & Co.
San Francisco, CA
Mr. John F. Sandner
Chicago Mercantile Exchange
Chicago, IL
Ms. Jalyn H. Robichaux
Baldwin Ice Cream Co.
Chicago, IL
Ms. Katherine Satrom
Salrom Travel and TQur, Inc.
Bismarck, NO
Mr. Felix G. Rohatyn
Lanlrd Freres and Company
New York, NY
Dr. Isabel V. Sawhill
The Urban Institute
Washington, DC
Mr. Hipolito Roldan
Hispanic Housing Development Corporation
Chicago.IL
Mr. Matt Schaffer
Schaffer Corp.
Sagle. ID
Mr. Ed Romero
Advanced Sciences, Inc.
Albuquerque, NM
Mr. Thomas} Schneider
Restructuring Associates, Inc.
Washington, DC
Mr. Jack Rosen
Continental Health Affiliates
Englewood, NJ
Mr. Seth E. Schofield
USAIR
Arlington, VA
M r. Dennis M. Ross
Jim Walter Corporation
Tampa, FL
Ms. Lisbeth Schorr
Harvard Project
Washington, DC
Mr. Doug Ro:,s
Michigan Future
Bingham Farms, MI
Mr. Bernard L. Schwartz
Loral Corp.
New York, NY
Mr. Jim Rouse
Enterprise Development Corporation
Columbia, MD
Mr. John SculIey
Apple Computer, Inc.
Cupertino, CA
Mr. Herman Jerome Russell
H. J. Russell and Company
Atlanta, GA
Mr. Niranjan Shah
Globetrotters Engineering Corporation
Chicago, IL
COM CAST
10
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Mr. AI Shanker
American Federation of Teachers
Washington, DC
Mr. Warren Stephens
Stephens, Inc.
Little Rock, AR
Mr. Andrew Shapiro
Vale Law School
New Haven, CT
Ms. Paula Stem
The Stem Group
Washington, DC
Mr. David E. Shaw
D. E. Shaw & Company
New York. NY
Ms. Caryl Stewart
Vennont Development Credit Union
Burlington, VT
Ms. Brenda Shockley
Community Build, Inc.
Los Angeles, CA
Mr. Bill Stiritz
Ralston Purina Company
51. Louis, MO
Mr. Stanley S. Shuman
Allen & Co:, Inc.
Mr. Charles Stith
New York. NY
Boston, MA
Ms. Adele Simmons
MacArthur Foundation
Chicago, IL
Mr. Martin Strange
Center for Ruml Affairs
Walthill, NE
Ms. Daphne A. Sloan
Walnut Hills Redevelopment Foundation, Inc.
Cincinnati, OH
Mr. Mike Sturdivant
MMI Hotel Group
Glendora, MS
Mr. Frederick W. Smith
Federal Express Corp.
Memphis, TN
Mr. William Sturgill
East Kentucky Investments
Lexington. KY
Mr. Vincent R. Sombrotto
National Associalion of Leiter Carriers
Washington. DC
SEJU
Mr. Willard R. Sparks
Sparks Companies Inc.
Memphis. TN
Mr. Leland Swenson
National Fanners Union
Denver, CO
Mr. Roy Spence
Gurasich, Spence, Darilek and McClure
Austin. TX
Ms. Linda Tarr-Whelan
Policy Alternatives
Washington. DC
Ms. Joan E. Spero
American Express
New York, NY
Ms. Vicki Tashjian
Tashjian & Co.
Wilmington. J?E
Ms. Kathleen Stafford
Amgen Inc.
Thousand Oaks, CA
Mr. Richard F. Teerlink
Harley-Davidson Inc.
Milwaukee, WI
Mr. John Sweeney
.
Washington, DC
II
�Mr. Dan Tellep
Lockheed Corporation
Calabasas. CA
Mr. Charles Uribe
A-J Contracting Co. ,Inc.
New York, NY
Mr. Vincent Test~
New York State Urhan Development Corp.
New York, NY
Dr. Roy Vagelos
Merck & Co .• Inc.
Rahway. NJ
Mr. Bennie L. Thayer
National Association For the Self-Employed
Capitol Heights, MD
Ms. Julia Vindasius
Good Faith Fund
Pine Bluff, AR
Mr. Franklin Thomas
Ford Foundation
New York, NY
Ms. Linda Waehner
Warnaeo, Inc.
New York, NY
Mr. Jeff Thompson
Peripheal Outlet
Ada,OK
Mr. Michael H. Walsh
Tenneco Inc.
Houston, TX
Ms. Kathryn Thompson
Kathryn Thompson Development Company
Irvine, CA
Ms. Michaela Walsh
Women's Asset Management, Inc.
New York, NY
M r. Tom Tisch
FLF Associates
New York. NY
Mr. William M. Wardlaw
Freeman SpogJey and Co.
Los Angeles. CA
Ms. Rosemary Tomich
Livestock Clearing, Inc.
Los Angeles. CA
Mr. Les Wexner
The Limited
Columbus, OH
Ms. Maria Elena Torano
Meta
Arlington, VA
Mr. Clifton Wharton
TIAA-CREF
New York, NY
Mr. Rich Trumka
United Minewor'kers of America
Washington, DC
Mr. Thomas Wheeler
Wheeler/Kolb Management Company
Duluth. GA
Mr. John Tull
J. E. Tull and Son
Lonoke, AR
Mr. John White
Center for Business and Government Affairs
Cambridge, MA
Mr. Daniel T. Tully
Merrill Lynch &. Co .• Inc.
New York, NY
Mr. Alan White. Sr.
The Alan White Furniture Company
Stamps, AR
Mr. Donald J. Tyson
Tyson Foods, Inc.
Springdale. AR
Ms. Marina von Neumann Whitman
University of Michigan
Ann Arbor. MI
12
�Mr. Bill Wiley
Battelle - Pacific Northwest Lab
Richland, WA
Ms. Denise Zachary-Reed
Alaska Department of Revenue
Anchorage, AK
Ms. Claudine Williams
American Bank of Commerce
Las Vegas, NV
Mr. Bill Zagelow
Odessa, WA
Mr. James H. Williams
River Grove, Inc
Ocala, FL
Mr. Peterson Zah
Office of the President
Window Rock, AZ
Mr. Lynn R. Williams
AFL-CIO - United Steel Workers of America
Pittsburgh, PA
Ms. Barhara Wilson
US West Communications
Boise, ID
Mr. William Julius Wilson
Department of Sociology
Chicago,IL
Mr. Stephen Wolf
UnitedAirlines, Inc.
Chicago,IL
Ms. Emily Woods
J. Crew
New York, NY
Ms. Esther Wunnicke
Homesteader
Anchorage, AK
Mr. Bill Wynn
AFL-CIO - Economic Committee
Washington, DC
Mrs. Linda Tsao Yang
Linda Tsao-Yang & Associates
Davis, CA
Mr. John A. Young
Hewlett Packard Co.
Palo Alto, CA
Mr. Raul yzaguirre
National Council of La Raza
Washington, DC
13
�ECONOMIC CONFERENCE PARTICIPANTS: BlQGRAPHTC INFORMATION
The following hrief biographk information on those who have confirmed their participation in
the December 14-15 E<:onomic Conference is based on information provided to the Conference
Sccretarint as of 12 noon Saturday, December 12, 1992.
Aaron, HenlY I,
Washington, DC
,
Director of Economic Studies Program ant the Brookings Institution
Former Assistant Secretary for Planning and Evaluation( Department of Health,
Education and Welfare (1977-78)
Member, Institute of Medicine; V,P, of the National Academy of Sociallnourance
Stamford, CT
Allaire, Paul A.
Chairman and CEQ, of Xerox Corporation (since 1991)
Started with Xerox in 1966
Member of Council on Foreign Relations, the Business Roundtable, the Business
Council, and the Council on Competitiveness.
Allen, Robert E.
Basking Ridge, NJ
Chairman and Chief Executive Officer-AT&T
Has served with Bell Telephone system since 1958,
Boards: Bristol-Myers Squibb Company; PepsiCo; Federal Reserve Bank of NY,
Wabash College,
,
Member: Business Roundtable, Business Council, US-Japan Business Council.
ArlZt, Ed
Cincinnati, OH
Chairman and CEO of Proctor & Gamble since 1990
Direetor of GTE, Teradyne and Delta,
Member of President Bush's Advisory Committee on Trade Policy and Negotiations,
and Bush's Commission on Environmental Quality.
Avant, Clarence
Los Angeles, CA
"\- President and owner, Tabu Productions
Bailin, Michael A.
Philadelphia, PA
President of Public/Private Ventures since 1983
P /PV is a non-profit corporation dedicated to designing solutions to high dropout
rate, illiteracy, tcen pregnancy and youth unemployment, and helping public and
private sector concerns to emulate successful programs,
Hartford, CT
Baird, Zoe
Senior VP and General Counset Aetna Life and Casualty Company
Former Assodate Counsel to the President of the United States 0980-81)
Board of Directors, Southern New England Telephone Company
Board of Advisors; Institute for Governmental Studies, UC~Berkeley; Board of
AdviSOrs, YaJe Repertory Theater
1
�Bakke, Dennis W.
Arlington, VA
President, CO.D" Board member and co-founder of the AES Corporation - builds,
owns and operates cogeneration facilities, AES currently has cJeven cogeneration
projects in opention or construction. totaling over $3 billion and produdng
approximately 2400 MW.
Books: CrCilting Abundance - America', Leilst Cost E,wrgy Strategy (1984)
Barad. lill Elikann
EI Segundo, CA
President and Chief Operating Officer for Mattel,lnc.
Oversees UB. marketing and sales efforts for all MatteI brands
Board member of Board of Trustees of Queens College Foundation, Governores
of Town Hall of CA., Reebok International Ltd.
Barram, Dave
Cuppertino, CA
Vice President/ Worldwide Corporate AffairsF Apple Computer
Bartz, Carol
Sausolito, CA
President, Chairman and CE.O, , Autodesk Inc. (computer-aided design software)
Former Vice President of Sun Microsystems
Houston, TX
Beatly, Michael L.
Executive VP, General Counset Member~Board of Directors The Coastal
Corporation
Former Professor of,Law, Universities of Idaho and Wyoming
Responsible for corporate legal, federal and state political affairs
f
Bieber. Owen
Detroit, MI
President, United Auto Workers
Major labor leader in auto industry.
Bergst<,n, CFred Washington, DC
Director of Institute for International Economics since 1981
Chairman of Competitiveness Policy Council
Former Assistant Secretary of Treasury for International Affairs 1977~81
Latest book: America in tile World Economy: A Strategy for the 19905 (1988)
Bertsch, Richard Chai
La Palma, CA
Founder of L.A. Sound and Metrosound
Manufactures and distributes of car audio products; imports and exports electronics
between the V,S., Korea and Mexico,
Boards: Korean American CoaHtion, Korean Chamber of Commerce.
New York, NY
Bettridge, Thomas M.
Director of Targeted Investments, Office of the Comptroller of New York City
2
�Target investment of 8 city employee pension funds ($900 million) for housing and
economic development. '
Bieber, Owen
Detroit, MI
President, United Auto Workers
Major labor leader in auto industry,
BUdner, Allen I,
New Jersey
Chairman of S:"1E Co. Inc. - investment and consulting firm, est. 1951
Fonner Chairman of Kings Super Markets, Inc. and Food Marketing Institute
Founder~Director
and Former Chairman of the New Jersey Food Council
Blinder, Alan $,
Princeton, NJ
Gordon S, Rentschler Memorial Professor of Economics at Princeton University
Former Deputy Assistant Director of the Congressional Budget Office (1975)
Blum, Barbora Davis Washington, DC
Chair, President and C.liO. of Adams National Bank since 1983
Chair of the Economic Development Finance Corporation
Senior advisor to United Nations Environment Program 1981-83
Former Deputy Administrator of E.P.A.
Bok, Joan Toland
Westboro, MA
Chairman, New England Electric System (19M-present)
Director, Boards of Monsanto, John Hancock Mutual Ufe, Federal Reserve Bank
of Boston.
TrusteE~: Urban Institute; Worcester Foundation for Experimental Biology
Bonner, Cathy
Austin, TX
Executive Director, Texas Department of Commerce
Boult!!. Alvin J,
Chicago, IL
President and Chief Executive Officer of Indecorp Inc.
Ch.irman and Chief Executive Officer of Independence Bank of Chicago and
Drexel N ation.1 Bank
Board Member of Better Business Bureau of Metropolitan Chicago, ~Trust Inc,
. Bowles. Crandall
Fort Mill, SC
Executive VP of Springs Industries
Director of John Deere, Duke Power, Wachovia Corporation, and Springs
Industries
Former membe~ of Charlotte Branch of Richmond Federal Reserve
Boyer, Ernest L
President of the Carnegie Foundation (since 1979)
Former U.s, Commissioner of Education (Carter Administration)
Former Chancellor of S,UN.Y.
3
�Books include:Ready to Lenrn: A Mandate for the Nation; Scholarship Reconsidered; Campus
Life
Braceras. Wilfred
Miami, FL
President; CEO, Member~Board of Directors - Med-Care Home Health Services,
Inc.
Member, Kational Association for Home Care; American Federation of Home Care;
Associated Home Health Industry of Florida.
Bradbury, Curt
Ullle Rock, AR
President. Chairman, and CE.O., Worthen Banking Corporation
President, Chainnan and C.E.Q" Worthen National Bank of Arkansas
7
Brandon, \<ViUiam H" [r.
Helena, AR
President and Chief Executive Officer of Firs; National Bank of Phillips County
(joined bank in 1964)
President of American Bankers Association
Former President of the Arkansas Bankers Association
Bravo, Facundo
Howell, MI
President of Uniboring Company, Inc. (precision machining specialty shop)
Briley,Martha Clark
Newark, NJ
Presid''''t of Prudential Asset Management Company
Brimmer, Andrew F.
Washington, DC
President of Brimmer and Company.. Inc (economic and financial consulting
company in Washington, D.C.
Advisory committees: Bank of America, BellSouth, Gannett, and United Airlines.
Britt, David V.B.
New York, NY
President and eRO. of Children's Television Workshop (OW)
Brodx, Kenneth D.
New York City, NY
Founding Partner, Petrus Partners (private investment firm)
Goldman, Sachs & Co (1971-9])
Chair, American Federation of Aging Research
Brooks, Frank B.
Kenosha, WI
President and CEO, Brooks Sausage Company, Inc.
Former President and CEO, Chicago Economic Development Corporation
Recipient, 1980 Finance Achievement Award, Black Enterprise Magazine
Browne, Robert S.
Teaneck, NJ
Former Staff Director, Subcommittee on International Development, Finance, Trade
and Monetary PoUcy, House Banking Committee
4
�Founder: Slack Economic Research Center; Review of Black Political Economy;
Twenty-First Century Foundation; Emergency Land Fund
Bryan, John H
Chicago, IL
Chairman and CKO. of Sara Lee Corporation (since 1976)
Member of the Business Roundtable and Business Council.
Rosemead, CA
Chairman and CEO, Southern California Edison Company
Served as President, California Public Utilities Commission; Chair, California State
Water Resources Council
Director: Times Mirror Company, First Interstate Bancorp
Chair: LAIPasadena 1994 World Cup Bid Committee
Brvson, John E.
SI Louis, MO
Busch, August A, III
Chairman and President of Anheuser~Busch Co., Inc.
Burgess, Philip M.
Denver, CO
President of the Center for the New West, think tank cst 1989
Focus: trade, technology, public service programs
Former executive director of the National Polky Commission of the Democratic
Party
Cabot, Louis W.
Boston, MA
Director Emeritus of the Cabot Corporation
Former Chairman of the Brookings Institution (1986-92)
FOrIner Chairman of the Federal Reserve Bank of Boston (1975-78)
Sloan Commission on Government and Higher Education (1977-80)
Carey, Ron
Washington, DC
President. International Brotherhood of Teamsters
Teamster's first democratically elected president (1992)
Vowed to "rid the union of mob influence"
Joined the Teamsters in 1956 as a UPS delivery man.
Carpenter, CandiceM.
Washington, DC
President of Time-Life Video and Television since 1989
Former V,P. of American Express, TraveJ Related Services for Direct Marketing
CarrolL Milton
Houston, TX
Chairman and CEO, Instrument Products, Inc.
Founder of this Houston-based company specializing in oil field equipmentl
other high-tech products.
Commissioner, Port of Houston Authority; Past Chair, Board of Regents, Texas
Southern l.'niversity
Carter, Barrv E.
,
Washington, DC
5
�Executive Director, American Society of International Law
Professor of Law, Georgetown University (on leave)
Senior Foreign Policy Advisor, Mondale/Ferraro '84
Scnior counsel, Senate Select Committee on Intelligence Activities
Books: lnternathnaJ Ecotumlic SancIiotls: Improving The Haphazzard U.s, Legnl
Regime (1988); International Law (1991)
Carter, Gwendolyn C.
New Orleans, LA
President and Owner, USA Travel; Licensed real estate agent; Licensed tour guide.
licensed practical nurse.
President and founder. Greater New Orleans Black Tourism Network, Inc.
Castleman, Qcl)Qrah R
Engine<>r and policy analyst at RAl>1D
Former satenite systems engineer at Hughes Aircraft Co.
Clinton IGore campaign~science, spare and technologica' issues
Cephas, Derrick D.
New York, NY
New York State Superintendant of Banks since 1991; Chairman of NY State Banking
Board; a director of NY State Urban Development Corp and NY State Job
Development Authority. Formerly a partner at Breed, Abbott & Morgan.
Chambers. Letitia
Washington, DC
President of Chambers Associates Incorporated
President, Coalition of Publicly Traded Partnerships
Former Staff Director, Senate Labor and Human Resources Committee (1979-80)
ChaRma", Beverly M.
Orlando, FL
PreSident, Ashley's Productions DBA 3 C's, Unlimited (consultants on the Americans
with Disabilities Act.
Former President and C.E.O., SHARED, Inc. (computer service company)
Former Direclor of Technical Training for Disabled Students at Valencia CoHege.
Forme! Exec. Dir., Center for Independent Living in Central Florida.
Choquette, Paul. Jr.
Providence, RI
Presient of Gilbane Building Company (since 1981)
Ci7ik, Robert
Houston, TX
Chairman and C.E.O. of Cooper Industries, Inc. (with Cooper since 1%1, C.E.O. since
1975, Chair since 1983)
Chairman of National Assn. of Manufacturers
Clarke! Richard A
San Frandsco, California
Chairman and CEO of Pacific Gas and Electric Company
6
�Director of BankAmerica .Co., Potlatch Co., Pacific Conservation Services Co., Pacific
Gas Transmission Co.
ClaybrQok, loan B.
Washington, IX
Pesidenl, Public Citizen (since 1982)
Former Administrator, National Highway Traffic Safety Administration (J977-8J)
Books: Retreat from Safely: Reagan's Attack on America's Health (1984); Freedom from
Harm: The Civilizing Influence of Health, Safety and Environmental Regulations (1986)
Claytor, W, Graham Ir,
Washington, IX
Chairman and CEO. of the National Railroad Passenger Corporation (AMTRAK)
Former Deputy Secretary of Defense, Acting Secretary of Transportation, and
Secretary of the Navy in the Carter Administration.
Clemente. Lilia Calderon.
New York, NY
Ch.airman and C.R-O. of Clemente Capital Inc. - specializing in Asia/Pacific Rim
investments.
'
President of First Philippine Fund - a dosed-end country fund listed in the NYSE
Atlanta, GA
Clendenin, John L.
Chairman and CEO, BellSouth
Largest of Regional Bell companies; one of 25 largest US public companies
Board Member: Capital Holding; Kroger; Coca-Cola; NYSE
Past Chair, US Chamber of Commerce; Nationai Alliance of Business
National Presidentt Boy Scouts of America
Cloherty, Patricia M.
New York City, NY
General Partner and Senior VP, Patricof & Co. Ventures, Inc. (since 1988)
Former Deputy Administrator, US Small Business Administration (1977-78)
Founding President, Committee of 200 (organization of America's leading
women entrepreneurs and corporate executives)
Chairs National AdvisOry Council on Sman Busin~ss Investment Company program.
Cole,lohnnetta B,
Atlanta, GA
President, Spelman College (since 1987)
First woman elected to Coca~Cola Boardof Directors
Founding Director, Points of Light Foundation
Collier. Iune M,
Montgomery, AL
Chairman and C.E.O, of National Apparel, Inc. (Largest manufacturer of chemical
welfare protective clothing}
Member of President's Industrial Policy Advisory Committee
Collier, Sophia
Portsmouth, !\:H
Founder of An:erican Natural Beverage Corp.,
7
�Director of Ms. Foundation
Trustee of Leadership New Hampshire
Washington, DC
Collins. Susan M.
Senior Fellow, The Brookings Institution
Associate Professor of Economics, Georgetown University
Former Associate Professor of Economics, Harvard University
Senior Staff Economist, President's Council of Economic Advisers (1989-90)
Considine, lill M.
~ew York; NY
Managing Director and C.A.O., American Express Bank Ltd. (since 1991)
Former ~. Y. State Superintendent of Banks (1985-91)
Former boards: N.Y. State Urban Development Corporation, N.Y.State Mortgage
Agence, N,Y, Job Development Authority,
CQ.Qk~,
John F.
Burbank, CA
President, The Disney Channel
Former President, Times Mirror Cable TV
Boards include: Johns Hopkins University; Center for Civk Education; Constitutional
Rights Foundation; National Science Center; Alliance for Children's Rights,
Cooper. Kathleen B.
Irving, TX
Chief Economist, Exxon Corporation (since 1990)
Former Executive Vice President and Chief Economist, Security Pacific National Bank
Forl'll.ef President, National Association of Business Economists
Correnti, John D,
Charlotte, NC
President and CE.O, of the Nucor Corporation
Former General Manager of Nucor-Yamat. Steel in Blytheville, AI<
Boards: 1st National Bank of Blytheville, Arkansas College,
Pittsburgh, PA
Corr)!, Charles A
Ch~irman and CEO, USX Corporation (since 1989)
Member, Policy Committee, Business Rountablc; Member, Business Council
Chair, Greater Pittsburgh Chamber of Commerce
Member, Board of Trustees, Carnegie Mellon University
Cortes, Ernesto. Austin, TX
Director of the Industrial Areas Foundation for Southwestern u.s,
Created community organizations such as UNO in L.A, COPS in San Antonio, EPiSO
in EI Paso and TMO in Houston.
Cox. 1r" Archibald
New York City, NY
President and CEO, First Boston Corporation
Former Managing Director, Morgan Stanley International
Board Member: Securities Industry AssociaHon; Claremont McKenna College
8
�Crandall. Robert L.
Dallas, TX
Chairman and C.E.O. of American Airlines (since 1985)
Cruz, Frank H.
Los Angeles, CA
Chairman, Gulf Atlantic Life Insurance Company
Former President,. Latino Museum of History, Art & Culture.
Former Vice-President, General Manager. Telemundo Group. Inc. (Spanish
language TV station with $50 million operating budget).
Chicago,IL
Dale)', William M.
President & Chief Operating Officer of Amalgamated Bank of Chicago
Boards: Wheelabralor Technologies Inc., Oak Brook Bank, Special Children'S
Charities
Davis, Audrey
Chicago, IL
Carolyn Jordan and Associates.
De Pree, Max
California
Chairman, Board of Directors, Herman Miller, Inc. (produces office furniture
systems and health-care products)
Iloards: The Leadership institute at U.s.C.. Peter F. Drucker for Nonprofit
Manag(~ment
Author of Leadership is an Art and LCJldership Jazz
Den', Kenneth T.
San Francisco, CA
Chairman and CE.O. of Chevron (since 1989)
Worked for Chevron since 1959
Member: The Business Roundtable, Business Council, the President's Commission on
Environmental Quality.
Boards: Citicorp, American Peroleum Institute, the American Productivity & Quality
Center
Donahue, Thomas R.
Washington? D.C.
Secretarv-Treasurer of AFL"(;IO (since 1979)
Chairman of the li.5. Special Trade Representative's Labor Advisory Committee
Former Assistant Secretary of Labor for Labor-Management Relations
.Director: Muscular Dystrophy Association; Urban League; African-American
Institute
Chairman: USTR Labor Advisory Committee
Donaldson, William H.
New York, New York
Chairman and Chief Executive Officer of New York Stock Exchange
Co-Fotlnder of Donaldson, Lufkin & Jenrette, Inc.
Former Undersecratary of State (Nixon Administration)
Dramis, Francis A.
Fairfax, VA
9
�Chairman and Chief Executive Offker~ Network Management Inc. (international
information technology firm)
Formerly of Salomon Brothers, Bell Laooratories, AT&T and American Transtech,
Duncan, Sandra Rhodes
New Orleans, LA
President of Rhodes Enterprises (Funeral, Insurance, Limousine and Transportation)
Eddy. jan
Madison, WI
Owner of joiner Software (now Wingr. Technologies, Inc.)
Founder, Office Solutions Inc.
Member: Governor's Science and Technology Council; Dane County Economic
Summit Council
Edelman, Marian Wright
Washington, DC
Founder and President of the Children's Defense Fund
Author: Families In Peril: An Agenda for Social Change; The Measure of Our Success: A
Lefteer to My Chi/dren and Yours
•
Eisner. Robert
Evanston, IL
William R Kennan Professor of EconomiCS, Northwestern University
Past President American Economic Association
Author: Factors in Business Investment; How Real Is the Federal Deficit?
l
Elish, Herbert
New York
Chairman, President and Chief Executive Officer of Weirton Steel Corp
Graduate Harvard Law 5<:hool in 1957
Former Commissioner of Sanitation of New York City
Former Vice President of Citibank
Charlotte, NC
Elisha, Walter y,
Chairman and CEO, Springs Industries/Inc.
Home furnishings and fabrics manufacturer, with HQ in S. Carolina; 43 plants in US
and abroad.
.
1991 sales of $1 ,9 billion; South Carolina's largest employer
Director: AT&T, Cummins Engine; Associates of Harvard Business School
Fallows. Tames
Washington. DC
Washington Editor of The Atlantic Monthly
Former chief speech writer for President Carter (1977-78)
.
Books include: The Water Lords (1971); National Defense (J98J!; The System (1976); II/side
the System (1977); More Like Us (1990); Looking at tile Sun (in progress)
l'an,iul, Alfonso
West Palm Beach, FL
Chairman and CEO, F1o·Sun. Inc. (Agribusiness)
Board Member: Penzoil; FPL Group (Florida Power and Light)
10
�Farmer. Larry 1\',. Sr.
Mississippi
President and CEO of Mississippi Action for Community Education, Inc
Board member of numerous local, state and national boards
Farnsworth, Cherill
Houston, TX
President and (.E.O. TME, Inc. (healtheare)
Faux,leff
Washington, DC
President of the Economic Policy Institute
Former co-director of of the National Center for Economic Altmatives
Books include: Rebuilding America; New Hope of the Inner City
Fields, Craig l.t Dr.
Austin, TX
Chairman andC.E.O., MicrooJectroni(Jrand Computer Tedmology Corporation
R&D consortiuf!l r sponsored by over-50 companies active jn in(onnaUo~ technology.
Schaumberg, IL
Fisher, George M.e.
Chairman and CEO, Motorola,lnc. (since 1990)
Chairman, US Council on Competitiveness,
Member, Board of Directors, Japan Society of New York
Advisory groups: USTR; Secretary of Commerce.
Board of Directors: American Express, 3M, Trustee, Urban League.
Fitzgerald. Duane D. "Buzz"
Bath, ME
President and e.E.O. of Bath Iron Works (since 1991)
Bath is Maine's largest private employer and one of the nation's largest shipbuilders.
Leading succesfu) conversion to non~miiitary shipbuilding,
San Antonio, TX
Flores, Irma
President of Hospital Klean {janitorial company servicing military and government
hospitals natinwide}
Board of San Antonio Chamber of Commerce
Frestorh Tom
New York City, NY
Chairman and CEO, MTV Networks
MTV Networks operates four cable TV programing networks: MTV; MTV
Europe; VH~ 1 and Nickelodeon.
Board Member: Cable Advertising Bureau; Rock the Vote
Friedman. Robert E,
\Vashington, DC
Chairman and founder of the Corporation for Enterprise Development.
Books: The Safety Net As Ladder: Transfer Payments and Economic Dmeiopmeni
Frost, Philip, M.D.
Miami, FL
Clinical Professor of Dermatology. University of Miami, School of Medecine.
11
�Chairman: Key Pharmaceutical; Vax Corporation, North America Vaccine
Board: Pan Am~rican Bank Corp~ American Exploration Corp, Intercontinental Bank
Governor: American Stock Exchange
Fukushima, Glen S.
Tokyo, Japan
Director of Public Policy and Market Development at AT&T Japan Ltd.
Former Deputy Assistant US. Trade Representative for Japan and China (1988-90)
Former Director for Japanese Affairs, USTR (1985-88)
Books include: The Politics of us Economic Friction [in Japanesel (1992)
Galinsky, Ellen
New York, NY
Co-President of the Families and Work Institute
Books include: The New Extended Family: Day Care that Works; Beyond the Parental Leave
Debate; Tile Preeilchool Years; The Corporate Reference Guide to Work-Family Programs.
Gallup, Patricia
Marlow, NH
President and CEO, PC Connection, Inc
Leading mail-order I direct supplier of personal computers, soltware and peripherals.
Recipient/ Governor's Excellence in Business Award
Garda, Dr. David B.
Austin, TX
President and CE.O. of SEA Pharmaceuticals
Former Department Head, Pharmaceutical Sciences, Radian Corporation
Gardner, Edward G
Chicago,IL
Founder and Chairman, Soft Sheen Products, Inc (5th largest Black-owned and
operated company in the US.)
World's leading manufacturer 01 ethnic health and beauty aid products.
Garten, lellrey G.
. New York, NY
Professor of Finance and Economics, Columbia Univ. Business School
Director of International FeHows Program, Columbia Schoo! for International
and Public Affairs
Author of A Cold PeJlCC: Americo, ,apan:Germany. and the Struggle for Supremacy
Gellen, David
Los Angeles, CA
President, Geffen Records
Founder of three record companies, plus song publishing, feature film, Broadway
theater productions. Real estate and fine art investor. Major contributor to AIDS
research.
Geiw, Keith
Washington, DC
President of National Education Association
SpokespersonJ Campaign for New Priorities
Membnf, Education Policy Advisory Committee,
12
�Gerson. Ralph r.
Northville, MI
Exeutivc V.P. ,Guardian Industries Corporation {manufacturer of flat glass products£
insulation, molded plastics)
Former State Director of Commerce 1983-84 (under Gov. Blandlard)
Former Counselor to the Governor for Economic Development
Former Special Assistant to the Special Trade Representative
.
George., lohn A.
Purchase, NY
Chairman and CEO, International Paper (since 1985)
Chairman of the Board, lP Forest Resources Company
Director: Warner-Lambert, Federal Reserve Bank of NY, NYSE
Member, President's Commission on Environmental Quality; Trustee: Drexel
University
Georgine, Robert
Washington, D.C.
President, Building and Construction Trades, AFL-CIO
Gerson. Ralph
Northville, MI
Executive VP and Director, Guardian Industries Corp.
\Vorldwide manufacturer of flat glass products, insulation materials, oil pumps,
injection molded plastics.
Former Director 01 Commerce, State of Michigan
Served as Counselor to Ambassaador Robert Strauss (Mideast negotiations; OSTR)
Vice<:hair, Hungarian~US Business Council
Glass, David
Bentonville, AR
President and CEO, Wal-Mart Stores, Inc.
Atlanta, GA
Goizueta, Roberto C
Chairman and CE.O. of Coca-Cola Company (since 1981)
Goldmark, Peter ~
Presidnet of the Rockefeller Foundation (since 1988)
Former director of the Port Authority of NY and NJ (1977-1985)
Former New York State Budget Director (1975-1977)
Gordon, Ellen
Center Harbor, NH
President, Tootsic Roll Industries, Inc.
Founding member and Chairman, the Committee of 200 Foundation.
Graves, Earl G,
New York, NY
President and CE.O. of Earl G. Graves Ltd.
Publisher, Blacy Entrprise
Chairman and eE.O., Pepsi-Cola of Washington, DC (Magic Johnson'S partner)
Former Administrative Assistant to Robert F. Kennedy
13
�Gray, William H. III
Reston, VA
President and CEO, United Negro College Fund (since 1991)
Former Member of Congress D-PA; Former House Budget Committee Chair; first
African-American member of Congress to hold a position in House leadership.
Green, Margaret
KY
President, South Central Bell, Kentucky
Greenberg, Sanford
Washington, D.C.
Inventor of Variable Speech Control (device for comprcssion and expansion of human
speech)
Founding Director, The American Agenda
Former Member, White House Science Advisory Staff (Johnson Administration)
Greenspun, Brial L.
Las Vegas, NV
President and Editor, Las V"!las SL~
Vice President of Prime Cable
President of Greenspun Management Enterprises, Inc. (athletic dub, hospitality
network, ShowBiz Magazine)
Greenstein. Robert
Washingtin, OC
Executive Director of the Center on Budget and Policy Priorities
Grieve, Pierson M. "Sandy"
51. Paul, MN
Chairman and CRO. of Ecolab Inc. (cleaning, Sanit17Jng and maintenance chemicals)
Boards: US West, Norwest Corp., St. Paul Companies.
Grinsteln, Gerald
Ft. Worth TX
Chairman, President and c.E.O., Burlington Northern Inc. (since 199))
Former c.E.O.; \'Vestern Airlines
Member! Business Roundtable
T
Grogan, Barbara
Denver, CO
President, \Vestern Industrial Contractors
Chair, Denver Chamber of Commerce
Hagftr, Susan
Washington, DC
President and Founder, Hager Sharp (a partnerShip programming consulting firm)
National Advisory Council of U.s. Small Business Administration
Hammer, Katherine
Austin TX
President and CE.O., Evolutionary TechnoJogies, Inc.
T
Handler, Sher~l L.
Cambridge, MA
President~ Thinking Machines Corporation
,
Founded corporation which introduced Connection Machine supercomputer.
14
�Little Rock, AR '
Hanggi, Elena
Past President, ACORN
Birmingham, AL
Harris, Elmer B.
President and CEO, Alabama Power Company
Boards: Business Council of Alabama; Alabama Symphony Association;
Samford University Board of Trust
Hatsopoulos. Georg-eN.
Boston, MA
Founder, Chairman and President of Thermo Electron Corporation
Board: Federal Reserve Bank of Boston 1982~1989
Hawkins. Wilbur F.
Memphis, TN
Regional Manager, Community Diversity Develpment, Tennessee Valley Authority
Former Executive Director, Lower Mississippi Delta Development Commission.
Hay, less
Dallas, TX
Chairman and C.E.O., The Lomas Financial Group (since 1965)
Former Boards: University of Texas, SMU, U.s. Chamber of Commerce
Boards: Exxon, Southwestern Bell, Dial Corp.
Chairman, Texas Foundation for Higher Education
Greensboro, NC
Hayes, Charles A.
Chairman and c.E.O., Guilford Mills, Inc.
Director, American Textile Manufacturers Institue; Knitted Textile Assn ..
Hayes, lohnny H.
Gallatin, TN
Commissioner, Tennessee Department of Economic and Community Development
Former President, Newman, Hayes & Dixon (independent insurance agency)
Oklahoma City, OK
Hefner, Robert A. III
Chairman and CEO, GHK Company (independent natural gas exploration and
production)
Founder, The Hefner Foundation (research on energy's role in the economy)
Height, Dorothy I.
Washington, DC
President, National Council of Negro Women.
Initiated the sole African American private voluntary organization working in Africa
in 1975; conveived and organized the Black Faily Reunion in 1986
New Brunswick, NJ
Heisen, ToAnn Heffernan
Treasurer of Johnson & Johnson (since 1991)
Former Vice President, Corporate Affairs at Primerica Corporalion
Henley-Cohn, Betsy
New Haven, CT
15
�Chairman AnSQnia~Dcrby Water Coman
Chairman, Joseph Cohn & Sons, Inc., Atl.ntifc Floor Covering, Inc,
Memrnber, Committee of 200 (top business women in the U.s.)
l
Hiatt. Arnold
Boston, MA
Former Chairman of the Stride-Rite Corp, (1982-1992)
Director of Businesses for Social Responsibility
Higher Education Coordinating Council of Ivlassachusetts
Atlanta, GA
Hill, Jesse. If.
Chairman and CE.O., Atianta Life Insurance Company (largest African~American
controlled financial institution in the U$.)
Boards: Delta, National Services Industries Inc., Knight-Ridder, Board of Regents of
\ the State of Georgia.
Hill, Norman
Washington, DC
President, A. Philip Randolph Institute,
Previous service: C.O,RE.; March on Washington.
Ho, lames K
San Francisco. CA
Senior Advisor to the Mayor of San Francisco
tvfember, San Francisco Airport Commission
Director: Chinese Chamber of Commerce
Hochberg, Fred
Mt. Vernon, NY
Lillian Vernon Corporation
Helt:na, MT
Hoovestal. Yuvonne D.
President, Greenway Enterprises, Inc. (institutional construction including U.s,
embassies)
Hought.'>n, Marx
Chicago,lL
President and Director,· Shorebank Corporation (oversees commercial bank
holding companies implementing community development strategies)
Chair, Arkansas Enterprise Group; Director, Southern Development
Bancorporation
Reston, Virginia
Hubbard Karetta B.
Principal and Founding Partner, Hubbard & Revo-Cohen, Inc, (1984)
Consultant to governmental agencies concerning women and minority issues
l
Hubbard, ~aril)'l1 French
Detroit, Ml
President and C.E.Q,§ Marilyn Hubbard Seminars, Inc. (human resource management,
training, and marketing)
Founder and C.EO" National Assodation of Black Women Entrepreneurs
u.s. S,BA's first national Minority Owned Business Advocate
16
�Hudson, Paul C.
Los Angeles, CA
President and c.E.a., Broadway Federal Savings (oldest African-American S & L west
of the Mississippi; serving S. Central L.A.)
Past President, Los Angeles NAACP,
Boards: So. Cal. Edison, the 2000 Partnership, LA County Economic Development
Corp.
Hurst, Robert 1.
Detroit, MI
President, Michigan Bell Telephone (since June 1992)
Member, Economic Club of Detroit; Board and Strategic Planning Committee,
Detroit Urban League; Chair, Henry Ford Hospital Board of Trustees.
Irving. Clarence L.r Jr. (Larry)
Washington, DC
Senior Counsel. Mass Media, House of Representative Subcommittee on
Telecommunications and Finance
Former Legislative Director and Counsel to Rep. Mickey Leland.
lames. Charles H. III Charleston, WV
President of C.H. James & Co. (produce distributor)
U.s. Dept. of Agriculture Minority Contractor of the Year 1988,1989,1990
Iahn, Richard A.
Casper, WY
Chairman, President and CEO, WESTECH (heavy steel fabrication)
Board Member:.Casper Area Economic Development Alliance; First Interstate Bank of
Wyoming
New York, NY
Jenrette. Richard H.
Chairman and CE.O., The Equitable Companies
Chairman of Donaldson, Lufkin & Jenrette
Member, the Business Roundtable
Des Moines, IA
Johnson. Charles S.
Senior Vice President, Pioneer Hi-Bred International, Inc.
Co-chairman, Governor's Human Services Leadership Roundtable.
Member, Governor's Commission on Health Care Cost Containment.
Iohnson. James A.
Washington D.C
Chairman and Chief Executive Officer, Federal National Mortgage Association
Former Managing Director, Corporate Finance, Lehman Brothers
Past President, Public Strategies
.
Executive Assistant to Vice President Walter Mondale
Iohnson, Robert L
President and Founder~ Black Entertainment Television
(First black-owned company to be traded on the NYSE)
17
�lohnson, Roger W.
Irvine, CA
.
Chairman and c.E.O., Western Digital (since 1984)
Chair, American Business Conference
One of the earliest Republican supporters of Clinton for President.
Ion,,", Clark
Savannah, TN
Owner, Jones Motor CompanY$ Jones Ford Mercury - Nissan
Owner, Jones Farms (cattle)
Former President! Hardin County Chambers of Commerce
lone" lames R.
New York, NY
Chairman and CE.O., the American Stock Exchange
Forme!' Congressman from Oklahoma
Boards: American Red Cross; Committee for Economic Development; Bryce
Harlow Foundation; U.S.-japan Leadership Council.
lones, Raymond
Irving, TX
Founder and President, FABRlCated Technology, Inc. (military articles)
Founder of Uni"-Copy Corporation (retail distributor of copier and fax machines)
:-.1ember:Dallas Citizens Council; Co-Founder, RMBD (Recycling Minority
Business Dollars) DALLAS
Iordanc...Carolyn
Chicago, IL
Owner, Carolyn Jordan & Associates (construction I construction management)
Executive Director, Metro Corporation (1979·81)
Deputy Director I Director of Housing, Human Relations Commission (1975-79)
Kamarek, Elaine Ciulla
Washington, DC
Senior Fellow, Progressive Policy Institute.
Books: "The Politics of Evasion;" "Putting Children First" (with William Galston);
co-author of Mandate For Change.
Kamsky. Virginia A.
New York, NY
Founder, President and C.E,O. of Kamsky Associates, [nco (consulting firm
representing multinationals in the Pacific Rim )
Kanter. Rosabelh Moss
Boston, MA
Class of 1%0 Professor of Business Administration, Harvard University
Editor, Har.;ard Business ReVIew (1989-92)
Kaplan, Ann
New York City, NY
General Partner Goldman, Sachs & Co.
Heads Municipal Finance Department's general banking activities in Eastern US.
Boards: National Housing Conference; Citizens Housing Planning Council; Settlement
Housing Fund
f
18
�Kelleher, Herbert D,
Austin, Texas
Chairman, Founder, President and CEO of Southwest Airlines Co.
Chairman of Advisory Council~University of Texas College of Business
Administration
Director; Better Business Bureau of Metropolitan Dallas, Inc,
Kelley, Mary Frances 'Denver, CO
Director of Audit and Consulting, Strait-Kushinsky and Company (accounting)
N.EtB. Board; Federal Reserve Boarel' Kansas City; U.s. Chamber of Commerce Small
Business CounciL
Kempner, LH. "Denny" 1II
Sugarland, TX
Chairman, Imperial Holly Corporation
Kenmore. Ayse Manyas
San Francisco, CA
Managing Director, Equivest Partners Inc.
King, Calvin
Brinkley, AR
Presid<mt, Arkansas Land and Fann Development
!SlJJgJ1"san B.
Corning, NY
Senior Vice President for Corporate Affairs of Coming
Former Chair of the U.s. Consumer Product Safety Commission (Carter Admin.)
Ki§\lgr, William,
New York, NY
Managing partner of Kistler Investment Co.
Co-editor and writer of lead essay for Buying America Back
KOplo!!':itz, Kay
New York, NY
Founder, President and C.E,Q" USA Nehvork (since 1980)
Led industry-wide anti~drug initiative with the Partnership for a Drug Free America
Boards: Liz Claiborne Inc" General Re, the American Business Conferencc, and the
Ne\v York City Partnership.
Krugman, raul R
Cambridge, MA
Professor, Massadmsetts Institute of Technology (since 1984)
International Policy Economist, Council o! Economic Advisors (1983-83)
Books include: Currencies and Crises (1992); Exchange Rate Targets and Currency
Bands (1992); Tile Age of Diminished Expectations (1990),
Kumpuris. Andrew George
Little Rock, AR
Private Practiceo! Cardiology
,
Medical Director of Coronary Care-Saint Vincent Infirmary Medical Center
Clinical Assistance Professor in Medidne--Univ, of Arkansas
Kurtzig, Sandra
Mountain View/ CA
19
�Founder and Chairman, ASK Group, Inc.
Board Member: Harvard Business School, Anderson Graduate School - UCLA
Kuttner, Robert L
Cambridge, MA
Co-Editor, The Amcricarl Prospect
Former national staff writer, Washington Post. Former Executive Director, Carter
(National) Commission on Neighborhoods
Contributing Columnist, Business Week; Contributing Editor, The Ncrv Republic;
Commentator, NPR
Lamb, Gary D,
Iowa
President- Iowa Farmers Union
Former President, Tama County Cattlemen', Assoc., 1978-1982
Iowa Agricultural Uaison for Senator Tom Harkin 1984-18-986
Member of Iowa Center for Agriculture Safety and Health
Landegger, George F.
New York, NY
Chairman of Parsons & Whittemore (manufacture of pulp and paper)
Chairman? Georgetown University School of Foreign Service
Lane, Vincen t
Chicago, IL
Chairman I Chicago Housing Authority
National Commission on Severely Distressed PubJic Housing (Bush
administration)
Appointed to President's Commission on Model State Drug Laws
Southgate, CA
Lara, Edison R. Sr,
President and Owner of W(.~tside Distributors (Anheuser-Busch wholesaler)
Former Regional Manager, Country Gub Malt Uquor.
LauscH, Miguel D.
Hato Rey, PR
Legal Practice and Public Policy Consultant (since 1986)
Member, Governor's Economic Strategic Council 0990·92)
Chairman, Board of Directors t Ponce 'Federal Bank of Puerto Rico
Author; D!\;C National Committeeman for Puerto Rico
Lav..'Tcnce. Larry M,
Coronado, CA
Chairman and CEO, Hotel Del Coronado Corporation,
Lgg, Evelyn
Salt Lake City, UT
C<Klwuer, ONLY IN UTAH (conference planning and tours arrangement small
business)
Former Director~ Economic and Industrial Development Division, Stale of Vtat"
Levitt, Arthur
New York City, NY
President, Levitt Media Company
20
�Former Chair, American Stock Exchange
Potomac, MD
Lewis. Delano E.
President and CEO, C&P Telephone Company
Former Board Member: Catholic University; United Negro College Fund
Lewis. Drew
Bethlehem, PA
Chairman, Union Pacific Corporation
Former Secretary of Transportation (Reagan Administration)
Former Chairman.. The Business Roundtable
Boards: American Express, AT&T, Ford, FPL Group, Gulfstream Aerospace, The
Rockefeller Group
Lewis. Edward T.
New York, NY
Publisher and C.RO, of Essence Communicati<?ns, Inc
Co-founded magazine for black women in 1970
Deputy Chairman, RNC 1980-81
Linton. Pam
Burlington, VT
Founder, President and CEO., Pollution Solutions
Co...chair, Businesses for Clinton in VT
Lites. Denise Ilitch
Detroit, Ml
Senior Executive Vice-President, tittle Caesar Enterprises, Inc.
Supervises Little Caesars Pizza's advertising and promotional campaigns.
F~under,"Let's Grow Up Smart" (anti-substance abuse education program.)
Llewellyn, J. Bruce
New York. NY
Chairman and c.E.O.. The Philadelphia Coca-Cola Bottling Company
Boards: Coors, C-Span, Essence, Manufacturers Hanover
Former President of Overseas Private Investment Corporation (Carter appointee)
Former Chairman of Freedom National· Bank (largest minority owned bank in U.s.)
Puerto Rico
Lopez. Franklin D.
Former President, Puerto Rico chapter, Home Builders Association (1986-1988)
Former State Chair, Democratic Party of Puerto Rico 1977-1980
Vice Chair. State Democratic Chairs Association
Lowe, Edward
Green Bay, WI
Chairman and CEO# Edward Lowe Foundation (dedicated to educational~ other
support for entrepreneurs)
Inventor of Kitty Litter (current annual sales of $500 minion)
Lucasse", Sigurd
Washington, D.C.
General President, t.:nited Brotherhood of Carpenters and Joiners of America
(elected 1988; re-elected 1991)
21
�Co-Founder, New Jersey Alliance for Action Habor-management group
developing jobs through labor/management/goY'!. cooperation)
North Carolina
Malcom, Shirley M.
Head of Directorate for Education a.nd Human Resources Programs of the
American Association for the Advancement of Science (AAAS)
AAAS Office of Opportunities in Science 1979-1989
Congressional Task Force on Women, Minorities and the Handicapped in Science
and Technology
Boards: American ~1useurn of Nalural History
Mankiller, Hon. Wilma
Tahlequah, OK'
Principal Chlef, Cherol«!e Nation of Oklahoma
Leads second-largest tribe in US; First woman elected Principal Chief
Mark, Reuben
New York City, NY
Chairman and CEO, Colgate-Palmolive Company (since 1986)
With Colgam since 1963
Chair, Education and Youth Employment Committcc, New York City
Partnership
Founder,"From the Boardroom to the Classroom: Executives in Middle Schools"
(program involving top executives with NYC middle school children and
teachers)
Co-Chair, School and Business Alliance of New York
Markusen, Ann R
New Brunsv.>ick, NJ
Dire<:tor, Project on Regional and Industrial Economics at Rutgers University
Professor of Urban Planning and Policy Development
Books: Dismantling the Cold War Economy (1992), Tlte Rise of the GUl1belt (1991);
Regions: the Economics and Politics of Territory (1987)
Mathews, Iesslca Tuchman
.Washington D.C.
Vice President Vvorld Resources Institute
Columnist for The Washingtoll Post
AAAS, Congressional Office ofTechnology Assessmcn t,
:Member, National Academy of Sciences
Co~founder and Member, Executive Committee, Surface Transportation Policy
Project
l
Matter, David M.
Pittsburgh, PA
President and e.O.O., Oxford Development Company
Chair, Pittsburgh Water and Sewer Authority
McCabe, Euge~e L.
New York, NY
President and Chief Executive Officer of North General Hospital (newly
constructc<!: state-ofNthe-art hospital in Harlem.)
22
�Former regional. director for Delcuw Cather IParsons and Associates, a $2 billion
rail transportation joint venture.
Juneau, AK
:-'1cCammQn, MQt1y
Assistant, FL"he:ies and Resources, Alaska State Legislature
Specializes in fisheries, oil and gas, and oil spilllcgislation
McClendon, Raymond T·
Washington D.C.
Vice President of Pryor, McClendon, Counts and Co., Inc.
(Largest minority investment banking firm in U.S.)
Chairman of the National Association of Securities Professionals
McColL Ir., Hugti.
Charlotte, NC
President and CEO of Nations Bank Company.
McEntee, Gerald W,
Washington D.C.
International President of AI'SCME
Vice President of AFt-CIO and member of it's executive council
Member of the DNC and the DNC's Labor Council
Co-Founder and Chairman of Economic PoHcy Institute
McLarty, Mack
Little Rock, AR
Chairman and Chief Executive Om""r of Arkla, Inc.
Arkansas Industrial Development Commission Advisory Committee.
Born in a town called Hope
Medlin, Iohn G" Jr.
Winston-Salem, l\:C
Chairman and CEO, Wachovia Corporation
Past Pwsident, Advisory Council, Federal Reserve System
Past Chair, Governor's Council of Management and Development
Boards: BeHSouth Corporation; RJR Nabisco, Inc.
Trustee: Wake Forest University
Meehan, Diana M.
Los Angeles, CA
Creator, VU Productions (a partnership of women committed to producing non
.fiction media on issues relating to women, children and family)
Founder of the Institute for the Study of Men and Women at US.c.
Moderator, 1988 Great American Family Tour
Megdal. Dr. Sharon B.
Tucson, AZ
Executive Director of Santa Cruz VaHey Water District (Tucson)
Former Memi.>cr, Arizona Corporation Commission.
New York, NY
Miller.. Lenore
President; Retail# Wholesale and Department Store Union.
AFL-ClO Vi"" President; chairs AFL·CIO Civil Rights Committee
23
�Mills, Mary Ann
Cambridge, MA
Vice President and Managing Director, Soapbox Trading Co. DBA The Body Shop
(environmentally-conscious toiletries shops)
Vice-President and Account Supervisor~ McGrath/Power Associates (PR!consulting)
Mills, alan II
Chattanooga, TN
Chairman, alan Mills Inc.
Mobley, Dr. Sybil C. Ph.D.
Tallahassee, FL
Dean, &~hool of Business and Industry, Florida A. & M. Urtiversity
.
Boards: Anheuser-Busch Companies; Champion International; Hershey Foods;
Sears, Roebuck and Company; and Southwestern Bell.
Moore. Gordon E.
Santa Clara, CA
Chairman, Intel Corporation (just recaptured majority share of computer chip'
industry)
Moores. John lay
Sugarland, TX
Chairman }MI, Inc. (family investments)
Chairm;in, Peregrine Systems (private software company)
Founder BMC Sofnvare, Inc.
Mulloy, W. Patrick II
Frankfurt, KY
Secretary Finance and Administration Cabinet
Partner: Mulloy, Walz, "Vetterer~ Fore & Schwartz, Attorneys
I
MunnelL Alicia Haydock, Ph.D,
Boston, MA
Senior Vice President and Director of Research, Federal Reserve Bank of Boston
Advisory boards: World Bank, MIT, Economic Policy Institute and AEL
Co-fou~.der of National Academy of Social Insurance
Munro, Don
Hot Springs, AR
Chairman and c'E.o. of Munro & Company, Inc. (footwear)
Natori, Tosie C.
NYC
President and Founder, Natori Company (since 1977)
Former Vice President of Merrill Lynch (1971-1977)
Boards: The Dreyfus Third Century Fund Inc., Manhattenville College,
PhiUippine American Foundation, International Women's FqTum
Nelsen. Virginia
Bismarck,:-';D
Founder, Director and CEO, North Dakota Micro Business Marketing Alliance .
The Alliance is a model product development and marketing project/ sho'wcasing
rural North Dakota products,
Nusbaum( Karen
. Cleveland, 011
24
�Executive Director of 9to5, National Assn. of Working ,.vomen
President of District 925/Service Employees International Union
Co-author of Solutions for the New Work Force
Nuzum. lanet A
Washington, DC
Member, U.s. Trade Commission
Former House Ways and Means Committee staff
O'Neill, Paul
Pittsburgh, PA
Chairman, and CE.O. of Alcoa
Former President, International Paper Company
Deputy Director of OMB (1974-77)
Oliver, Audre)C Rice
San Ramon, CA
President, Integrated Business Solutions, Inc. (provides systems integration, software
development, and hardware and software procurement to companies and government
entities)
Developed Minority/Woman Business Enterprise participation programs for a variety
of public transportation and utility and transportation agencies. (1974-1984)
Founded the Bo'ot Broker~ a specialty shoo store in Denver.
Our;, John D.'
Akron,OH
Chairman and CE.O., BFGoodrich Company (since 1979)
Transformed BFGoodrkh from primarily a tire and rubber manufacturer to a major
producer of specialty chemicals, plastics and aerospare components.
.
Chairman, The Business Roundtable
Honolulu, len
Vice-President, The Queen's Health Systems
Ono, Dr. Ruth M.
Boards: University of Hawaii, Hawaiian
Eiectrk~
American Sa\1ngs Bank
OrvJ~l,:.~.~gD.e E.
Indiantown, FL
CEO, Caulkins Indiantown Citrus Co: and Via Tropical Fruits, Inc.
Agricultural Committee Chair, l~orida Council of 100
Boston, MA
Osborne. Davie!.
Fellow, Progressive Policy Institute
Associate, Council of Governors Policy Advisors
Books: Reinventing Government (co,authored 1992); Laboratories of Democracy (1988)
Otero, Jack
Washington, OC
Vice-President, AFL-CIO
President of Labor Council for Latin American Advancement.(LCLAA)
Vice President of the Transportation and Communications Int'l Union (TCO)
DNe Vlce-Chairman for Voter Participation
25
�Parsons. Richard D.
New York, NY
Chairman and CEO, The Dime Savings Bank of New York, FSB
General Counsel! Associate Director, Domestic Council (1975-77)
Board Member: Fannie Mae; Philip Morris; Time Warner; Metropolitan Museum of
Art; Rockefeller Brothers Fund; Howard University
Patricof, Alan T.
New York, NY
Patrjrof & Co. Ventures, Inc.
Chairman of Entrepreneurs for Clinton/Gore
Payne, roAnn
Arlington, VA
Founder of the Nat~onal Women's Business Enterprise Association
Arkansas native
Pearlman, Jerry K.
Mlnneapolis,MN
Chairman, President and CEO, Zenith Electronics Corporation.
With Zenith since 197L
Board Member: Chicago Museum of Science and Industry; Northwestern
University.
Pearson, Harry L.
Hartford City, IN
President, Indiana Farm Bureau, Inc.
Pennington, Hilary Challen
Jobs for the Future (since 1984)
Belmont,MA
Perez, Jorge M.
Miami, FL
President & MajOrity Owner, Related Companies of Florida Inc
Former Vice President and Director, Land Use and Market Services
San Francisco, CA
.
PcrrignQn. ranine
Vice President and Manager, SBA Lend;ing, Comnterdal Bank of San Francisco
Board rnember, National Association of Government Guaranteed Leanders
Regional MembeT t:.S. Small Business Administration
T
Perrin, Cheryl
Portland, OR
Senior V":,, President. Pnblic Affairs, Fred Meyer, Inc. (1241arg. one-stop-shopping
stores; $2.7 billion in sales/year)
Oregon Governor>s Recycling Markets Development Council.
Boards: Portland Regional Tri~Mct Rail Advisory Coundl~ "Transportation 2000
Commission;" Portland Urban League; Oregon ACL.V,
Pip~r, Kathleen
Yankton, SD
Vice President, Pied Piper Flower Shop
Yankton Area Chamber of Commerce
VireChair, Yankton County Democrats
26
�South Dakota Youth Advocacy Project
Former Yankton County Commissioner
Poling, Harold A.
Dearborn, MI
Chairman and c.E.O. of Ford Motor Company
Worked for Ford since 1951
Pollack, Ron
Alexandria, VA
Founding Executive Director, Families USA (a. nationa1 advocate (or families on
affordable acee" to health and long term care)
Former Dean, Antioch School of Law
Popoff, Frank
Midland, MI
Chairman, President and C.E.O., Dow Chemical
Worked for Dow since 1959
Boards: Americ~ Express~ Chemical Financial Corp.; Dow Corning
Porter, Michael E.
Cambridge, MA
C. Roland Christensen Professor of Business Administration at Harvard Business
School (since 1973)
President Reagan's Commission on Industrial Competitiveness
Books indud.; The Competitive AdVantage of Nations; Competitive Strategy; Techniques for
Analyzing Industries and Competitors
Prestowi(Z, C;:lyde V. Ir.
Washington, DC
President and Founder, Economic Strategy lnstitute
Former Deputy Assistant, Acting Assistant and Counselor to the Secretary of
Comm"rc. (1981-86)
Books:Trading Places
Raab. G. Kirk
S. San Francisco, CA
President and CED" Genentech, Inc
Former President and COD" Abbott Labs
Rainer, Bm
Greenwich, CT
Co-founder and Managing Director, Greenwich Capital Markets (1981-88)
Kidder, Peabody and Co., Inc. (l971-1981)
Ratner, Bruce C,
Brooklyn, NY
President and CEO, Forest City Ratner Companies (urban real estate deveJopcr in NY)
Developed MetroTech Center (Gov. Clinton visited during N.Y. Primary)
Former head, N.Y.C Department of Consumer Affairs (197()'73)
Former N,Y,C, Commissioner of Consumer Affairs 0978-82)
Rc'Cd, Dr. Howard C
Little Rock, AR
Former Professor, University of Texas, Graduate School of Business
27
�Books: The Prec:nincnce of InrernaUonal Financial Centers
RC'<!d. lohn 5.'
New York, NY
Chairman and C.E.O. of Citicorp (since 1984)
Boards; Philip Morris, Monsanto Company. The Rand Corporation
Renge, Beth
San Francisco, CA
Trustee and Chair, The Legacy Fund of the Japanese American Citizens L.eague
Boards: Japan Society of Northern CA.; California Leadership
Los Angeles, CA
Riady, lames T.
Chairman, The Uppo Group (a federation of Banking & Finance, Investment Banking,
Property, Insurance, Information Technology, and Industrial companies)
Former director of the Worthen Bank of Arkansas
Rice, Linda lohnson
Chicago. [L
President and C.O.O., Johnson Publishing Co., Inc.
Executive Producer, EBONY IIET Showcase
Boards: Continental Bank Corp.; Bausch & Lomb Inc.; Magazine Publishers Assn.
Rivera. Dennis
New York, NY
President, Drug, Hospital and Health Care Employees, Local 1199 (100,000 members)
Co-Chair, National Benefit Plan for Hospital and Health Care Employees (largest self
insured health care plan in the US.; $260 million I year)
Co-Vice Chair, New York State Democratic Party
Roberson, Roger
Champaign, IL
Chairman and CEO, PFr/Roberson Corp.
Chainnan, American Trucking Associations
Owner: Roberson Farms, Inc.(farming); Canyon Leasing Inc.(trailer leasing);
Roberson Equities Inc. (Student housing)
:vIember: Illinois State Chamber of commerce: Department of Employment
Security Advisory Board.
Roberts, Brian 1...
Philadelphia, PA
President, Comcast Corporation (third largest cable TV operator; cellular
communication service; largest independent Muzak franchisee)
Member of Board and Executive Committee, National Cable Teievision
Association
Boards: Turner Broadcasting System;QVC ~etwork; Viewer's Choice
Robertson, Sanford R.
San Francisco, CA
Founding Partner, Robertson, Stephens & Company (investment banking and
ventUrE' capital firm)
Director: The Tech Museum of Innovation
28
�Robichaux, Iolyn H.
Chicago, lL.
Retired President & Chief Executive Officer, Baldwin Ice Cream Co.
Commissioner, Chicago Economic Development Commission
Works as nutrition consultant and fund-raiser for community projects
New York, NY
Rohatyn, Felix C.
Senior Partner, Lazard Freres & Co. (corporate mergers and acqt.!-isition)
Chairman, Municipal Assistance Corporation for the City of New York (directed
restructuring of N. Y. City's debt during fiscal crisis of mid-1970s)
Roldan, Hipolito "Paul"
Chicago, II
CE.O. of the Hispanic Housing Development Corporation
Former developer of low-income housing in Brooklyn.
1988 recipient of the John D. and Catherine T. MacArthur Foundation Fellowship
(spent $100,000 of his p'rize money to establish a·scholarship fund to help Latinos enter
the community development field)
Romero, Ed L.
Albequerque, NM
Founder, Chairman and C.E.O. ,Advanced Sciences, Inc. (environmental'engineering
and waste management)
The President's Hispanic Advisory Committee and the Advisory Committee for Trade
Negotiations for the Department of State.
Delegate to the Democratic Convention
Rosen, lack
Alpine, NJ
Chairman, President and C.E.O., Continental Health Affiliates (since 1976)
President, Danro Corporation (Real estate)
President, Hazel Bishop Company (Consumer products)
Member, Advisory Committee, House Trade and Competitiveness Task Force on
Economic Policy; N.J. Governor's Commission on International Trade.
Tampa, FL
Ross, Dennis M.
President and C.E.O., Jim Walter Corporation (manufactures building materials)
Former Deputy Chief of Staff to Florida Governor Bob Graham
Ross. D~
Bingham Farms, MI
President, Michigan Future, Inc. (citizen organization to rebuild Michigan's
economy)
Michigan State Senator (1978-82)
Director, Michigan Department of Commerce (1984-89)
President, Corporation for Enterprise Development (1989-91)
New York City, NY
Rubin, Robert E.
Co-Senior Partner and Co-Chairman, Goldman, Sachs & Co.
Member: SEC Market Oversight/Financial Services Advisory Committee; Board
of Directors, NYSE; Board of Trustees, Carnegie Corporation
29
�Chair, NYC Host Committee, 1992 Democratic Convention
,
Russell,J:!g.t:I]]~:)l
Atlanta, GA
Chairman and cn.a" H.J, Russell & Company, (construction, property management,
conccs:.ions, and communications - third largest minority-owned business in the U,S.)
Boards: Georgia Power; Citizens Trust Bank;Wachovia Corp,; Atlanta CO,C,
Sanchez. Tony
Laredo, TX
Chaimian and c.E.O_, Sanchez-O'8rien Oil & Gas Corporation {private gas and oil
exploration and deve1opment)
Sandler, Marion 0,
President and c.E.O., Colden West Financial Corporation and World S&L Association
(Golden Wcst is the nation's third largcst thrift)
Appointee, The Glass Ceiling Commission, 1992,
Chicago,IL
Sandner, John p,
Chairman of the Chicago Mercantile Exchange
North Dakota
Satrom Katherine
Owner of Satrorn Travel & Tour
Former Public Relations Director for Mary College
Former employee to North Dakota Governor Arthur A, Link
t
Sawhill, Isabel V.
Washington, DC
Senior Fellow at the Urban Institute
Director of the Children's Roundtable
Director of a multi-year assessment of the Reagan Administration's domestic policy
initiatives.
Books include: Challenge to Leadership: Economic and Social Issues for the Next Decade
Schaffer, Matt
Sandpoint, ID
President and e.EO. of Schaffer Corporation (international finance and marketing
consultant)
Former Senior 'lire President for Policy ofU.5, Export-Import llank (1977-80)
Former Assistant to U.s. Defense Secretary Harold Brown
FormE:r Assistar.t for Foreign Policy and Defense for Carter campaign and transition
Books include: Winning the Countertrade War, New Export Strategies for America (1989)
Schneider, Dr, Thomas [,
President of Restructuring Associates Inc. (management consultants on strategic
planning, organizational and labor problems, employee stock ownership plans)
General Partner in O'Connor & Hannan law firm.
Schofield, Seth E,
Pittsburgh, PA
Chairman, President and CEO, of USAir, Inc,
30
�Boards: Erie Insurance Group, Pittsburgh National Bank
Washington Board of Trade and Flight Safety Foundation
Board Chainnan of the Greater Pittsburgh Chamber of Commerce
Schorr, Lisbeth B,
Cambridge, MA
Lecturer in Social Medicine at Harvardi Member, Harvard \Vorking Group on Early
life; Director, Harvard University Project on E((ective Services.
Books: Within Our Reach: Breaking the Cycle of Disadwntoge (1988)
Schwartz. Bernard L,
New York, NY
Chairman and CE,Q" Loral Corporation (since 1972)
Books: The Future of the U,S, Industrial Base, Foreign O'JJnership of u,s, Defense
Companies: Where Do We Draw the Line?
ScullejO lohn
Cupertino, CA
Chairman and CE,O" Apple Computer
Former President and CE,O, of Pepsi-Cola
Shah, Niranjan g,
Chicago,IL
CEO and Co-founder of Globetrotters Engineering Corporation (program
development for minority and small business economic development)
Licensed professional engineer overseeing federal, state and local agendes
Shal.la, Donna E,
Madison, WI
Chancellor, the University of Wisconsin-Madison
Fonner President~ Hunter College.
Former Assistant Secretary for Policy Development, U,S, Dept. of Housing and Urban
Development
Board Chair, Children's Defense Fund
Boards: Committee for Economic Development. Spelman College, The Brookings
Institution" Cari1cgie Foundation
Washington, DC
American Federation of Teachers (since 1974)
President's Council on Competitiveness
Shanker, Albert
Presid(~nt,
Shapiro, Andrew L.
~ew York, NY
24-year--old graduate of Brov.rn University; attends Yale Law School
Author,We're Number One!
Shaw, David
New York. NY
IVlanaging Partner, DE Shaw & Co,
Founder" Stanford Systems Corporation
Membl~r, Board of Governors N.Y. Academy of Sciences
Shockley, Brenda Yvonng
Los Angeles, CA
31
�Executive Director, Community BuiEd, Inc. (a rommunity~based response to the L.A.
riots; supported by Maxine Waters; focuses on the economic causes of the riots)
Former President, Drew Economic Development Corporation (a non-profit group)
Shuman, Stanley S,
New York City, NY
Executive Vice-President, Managing Director and Member,Executive Committee,
Allan & Company, Inc. Investment Bankers
Longest-serving member, Financial Control Board for City of New York
(monitoring agency born out of NYC 70's fiscal crisis).
Simmons, Adell? Smith
Chicago, lL
President, The John D. and Catherine T. MacArthur Foundation
President- Hampshire College (1977-1989)
Member: Union of Concerned Scientists (trustee since.1983); President's
Commission on Environmental Quality (sine<: 1991)
Sloan, Daphne A.
Cincinnati,OH
Executive Director, Walnut HHls Redevelopment Foundation, Inc. (since 1985 - the
non-profit corporation revitalizes historic buildings with public/private partnership
finandng; also ~wns and manages 300 low cost housing units,)
.
Smith, Frederick W. Memphis,1N
Chairman, President and C.E.O.~ Federal Express
Nearly $8 btllion per year in revenue)
Solow. Robert M
Massachusetts
Institute Professor, MIT
Alfred Nobel Memorial Prize in Economics for 1987
Sombrotto, Vincent R.
Washington, D.C.
President, National Association of Letter Carriers
Chairman, AFL-CIO, Standing Committee on Community Services
AFL-c(O: Vice-president; Executive Council (since 1981)
Memphis,1N
Sparks, Willard R.
Chairman & CEO, Sparks Companies, Inc, (since 1977: agricultural research and
consulting firm)
Co-owner: Refco.lnc.{futures commissions merchants), Vining~Sparks
IBG(general securities), Storage-USA(r••1 estate)
Srenc€', Roy M ..lL
A uslin, TX
Founder and President of GSD&M Advertising
Developed marketing strategies for Wal~Mart, Fannie Mae, Chili's Restaurants.
32
�Spero, loan Edelman
NewYork, NY
Executive V .P,~ Corporate Affairs and Communications, American Express
Former U.s. Ambassador to the U.N. Economic and Social Council (Carter Admin.)
Books: The Fail!ae of Franklin National Bank; The Politics of intcrnalionai Economic
Relations
StaffoflLK"J~
Thousand O.ks, CA
Treasurer; Amgen Pharmaceutical, Inc. (the largest indL>pcndent bio-tech company in
the U.S.)
(Note: She has expressed concern that a reformed health care system will frustrate the
development of innovative new biotechnology)
Stephens. Warren A
Little Rock, AR
President and C.E.O., Stephens Inc.
Stern. Paula
Washington, D.C.
Preside'nt, The Stem Group (economic analysis/trade advisory firm)
Former Chair, ITC
Boards: Westinghouse, Scott Paper Co., Dynatech Corp.
Stewart. Caryl
Burlington, VT
President, Vermont Development Credit Union
Stiritz.William P.
St Louis, MO
Chairman~ President and C.KO" Ralston Purina
Started with Ralston Purina in 1964
Native of Jasper, AR
Stith, Rev. Charles
Boston, MA
National President, Organization for a New Equality
Senior Pastor; Vnion United Methodist Church, Boston,
Walthill, NE
Strange. Marty
Program Director and CcrFounder, Center for Rural Affairs (since 1973)
Focus on sustainable agriculture, rural economic development! federa.l farm program.
Book: Family Farming: A New Economic Vision
Sturdivant, Mike
Glendora, MS
Chairman MMI Hotel Group (MS, FL, GA, LA)
Managing Partner of Due West Plantation
Board: Millsaps College
Democratic candidate for Governor of Mississippi 1983 and 198?
Lexington, KY
Sturgill. WiHiam B.
Founder and President, Golden Oak Mining Company, L.P,
40 years in coal mining industry,
33
�Co-Founder and fonner Chairman of the Board, Kentucky Coal Association.
Former Kentucky Secretary of Energy
Summers. Lawrence H.
Chief Economist, The World Bank
Nathaniel Rope~ Professor of PolHicaE Economy, Harvard (on leave).
First sodal scientist awarded the N$,F, 's Watennan Award for outstanding
scientific contributions
Fellow, American Academy of Arts and Sciences
Member, Brookings Panel of Economic Activity
Board of Advisors of the Congressional Budget Office<
Books: Tax Policy and the Ecouomy and Understauding Unemployment
Sweeney, fohn t
Washington, DC
International President, Service Employees International Union
Elected to fourth 4-year term in April 1992<
AFL-CIO roles: VP; Member, Executive Council; Chair, Health Committee
One of four dissenting members of the Advisory Council on Social Security Report.
Swensen. Lee
IJ€.nver, CO
President, National Farmers Union
Vice-President, ,International Federation of Agricultural Producers
Tarr-Whelan, Linda
Washington, D<C
President and Executive Director, Center for Policy Alternatives
Tashjian. Vicki
Wilmington, DE
President, Tashjian & Company.
Teerlink. Richard F.
Milwaukee, Wl
President and CE<O< of Harley Davidson, Inc< since 1988 (worked lor H-D since 1981)
In 1986, helped lead Harley Davidson back to public ownership<
Tellep, Daniel M<
Calabasas, CA
Chairman and CEO<, Lockheed Corporation
Joined Lockheed as principal scientist for the X-17 missile experiments In 1955.
Tese~
Vincent
Ne\v York
Director of Economic Development for New York State~ appOinted by Governor
Cuomo in 1985
Commissioner of the State Department of Economic Development
Chairnlan of the State Job IJ€.velopment Authority and the State Science and
Technology Focndation
Vice Chairman of the Port Authority of New York and New Jersey
Chairman and Chief Executive Officer of the NYS Urban Development
Corporation
34
�Thayer, Bennie L.
Capitol Heights, MD
Chairman and CE.O. of the National Association for the Self-Employed (NASE
represents 300,cOO small business owners)
CE.O. of Diversified Concepts, Inc
Former owner of 7-Eleven and N-a-Minit franchises,
Former Chairman of the :;-...rational Business League of Southern Maryland
State Chairman and National V.P. {or membership of Rainbow Coalition 1984-90
New York, NY
Thomas, Franklin A,
President of the Ford Foundation (sinee 1979)
President, the Bedford Stuyv.st.nt Restoration Corporation 0%7-77)
Former chair, Study Commjssion on U.s.,PolicyToward Southern Africa.
Thompson,leff
Norman, OK
21 year..old sophomore at Oklahoma University
President and Founder of Peripheral Outlet
Sells computer memory upgrades in 50 states and 20 countTies.
Founded company in his parenls' basement at age 15.
Thompson, Kathe!),n G.
Irvine, CA
Chairman and CE.O.. Kathryn G. Thompson Development Company
Real estate, construction, development in Southern California
Tisch, Thomas I.
New York, NY
Managing Partner, FLF Associates (an investment partnership)
Tobin, rames
New Haven, CT
Sterling Professor of Economics Emeritus at Yale University (At Yale since 1950)
Member of President Kennedy's Council of Economic Advisors.
Member; National Academy of Sciences.
Nobel Laureate·in Economic Studies (1981)
Tomich, Rosemary
California
Chair and President of the Hope Cattle Company
Chair and President of Livestock Clearing Inc.
Owner of A.S. Tomich Construction Company
Senior Executive and Director of Contintal Culture Specialists Inc.
Founding direc~or of Palm Springs Savings Bank
Tompkins, Susie
San Francisco, CA
Co-owner of Esprit de Corp.
Corporate advocate?f ATDS awareness and environmental responsibility.
TOTano, Maria Elena
Arlington, VA
President of META, Inc. (one of top 200 Hispanic businesses in the U.s.)
35
�Majority interest in METEC (asset management) -largest Hispanic contractor to the
Resolution Trust Co.
Member, Hispanic Congressjonal Caucus Institute; Chair of the National Hispanic
Leadership Institute; a director of the US Hispanic Chamber of Commerce;
Bush appointee to bip~rtisan U.S. Commission on Minority Business Development.
Trumka, Richard L
Washington, D,C.
President of United Mine Workers of America
Tull, lohn Earle, Ir,
Lonoke, AR
Rice" soybean, com and wheat farmer; cattle rancher.
Active with Farmers and Ranchers for Clinton/Gore
Tully, Daniel
New York, NY
President and C.E.O" Merrill Lynch.lt Co, Inc,
Springdale, AR
Tyson, Donald j,
Chairman of Tyson Foods; Inc.
Uribe, Charles
New York
Chairman of AI Contracting
Led construction of podium for 1992 Democratic National Convention, and 1984,
1980 and 1976; other projects include NY Public Library, The Rose Building at
Lincoln Center, The Dreyfus Corporation
V'Gelos, Dr.!'. ;wy
R.1hway, NJ
Chairman, President and CEO, Merck & Co" Inc, (since 1985)
Former ceUular physiologist and biochemist, National Heart Institute
Memb{~r, President's CommIssion on Environmentai Quality; AdviSOry
Committee on Trade !'olicy and Negotiations,
Trustee, The Rockefeller University; University of Pennsylvania; Danforth
Foundation.
Vindasius, lulia C.
Pine Bluff, AR
Executive Director of the Good Faith Fund/Southern Development Bancorporation
GFF targets low income entrepreneurs in SE Arkansas; modeled after Grameen Bank
of Bangladesh.
Former Assistant to Mary Houghton of the Southshore Bank of Chicago,
Wachner, Linda
New York, NY
Chair, Pres, and CEO ofWarnaco Inc (leading US apparel company)
Only woman CEO of a Fortune SOD company,
Advisory Cornritittee fo·r Trade Policy Negotiations under Presidents Bush and
Reagan
Commission on Workforce Quality and Market Efficiency under Reagan
Board of New American Schools Corporation (appointed by Bush)
36
�Walsh, MichaeLH.
Houston, TX
Chairman and CRO. of Tenneco, Inc. since 1991 (natural gas pipeHnes# farm and
construction eqo.tipment, automotive parts, shipbuilding, packaging and chemicals)
Former Chairman and CE.O. of Union Pacific 1986-91
Former US. Attorney 1977-80
Walsh, Michaela
New York, NY
Chairperson, C.E.O.# and Trustee, Women's Asset Management, Inc.
Wardlaw, William
Los Angeles, CA
General Partner, Freeman Spogli & Co.
We,ner, Leslie H.
Columbus,OH
Founder, Chainnan and President, The Limited, Inc., 1963
Director and Member of the Executive Committee of Bane One Corporation,
Sotherby's Holdings, Inc., the United Way of America and several other
foundations
Wharton. Ir.. Clifton R.
New York City, NY
Chairman and CEO, Teachers [nsur.nce Annuity Association and College
Retirement Equities Fund (TlAA-CREF). With assets over $112 billion, TlAA
CREF is the largest private pension fund in the US.
Became first African~American to head a Fortune 100 servjce company.
Former President, Michigan State University
Fotmer ChanceHor, State University of New York system.
Former Chair, Rockefeller Foundation.
Boards: Ford and N<Y.S<E.
Wheeler, Ir., Thomas W.
Duluth, GA
President and Owner, Wheeler I Kolb Management Company
Has worked for twenty years in all phases of real estate with concentration in
shopping centers, from regional maUs to'specialty centers.
White, Sr« Alan
Stamps, AR
Chairman Emeritus, Alan White Company
Founder of small business (furniture and upholstery manufacturlng) now
employing 400 people with over $20 million sales
Gov. Clinton appointee as delegate to Carter White House Conference on Small
Business; early Clinton advisor on small business
Arkansas Federal Liaison Officer, NFIB
Former Preside::'lt, Southwest Manufacturer's Association
White, John
Whitman, Marina von Neumann
37
Ann Arbor,. MI
�Distinguished Visiting Professor of Business Administration and Public Policy,
University o(Michigan
Former VP and Chief Economist, General Motors.
Member, President's Advisory Committee on Trade Policy and Negotiations
(since '87)
Commission on Presidential Debates (since '87)
Wiley, Dr. William R.
Seatlle, WA
Director, Padfk Northwest DIvision, Battelle Memorial Institute (a private
researdl rompa:ny in Washington state)
.
Among the Institute's programs is operating the Department of Energy's Pacific
Northwest Laboratory.
Williams, Claudine Las Vegas, NV
Chairman of American Bank of Commerce
Nevada Commission on Tourism; Travel and Tourism Industry Advisory Council
(Senate Commerce Committee)
First woman inducted into the Gaming Hall of Pame
Williams, Jim Ocala, FL
Long time citrus grower
Fonner Deputy Secretary of Agriculture 1979-81
Former State Senator
Williams, Lynn R.
Pittsburgh, PA
lnternational President, l:nited Steelworkers of America, AFL-CIO (since 1983)
Advocate of workplace partiCipation initiatives, implementation of employee stock
ownership plans. and the multi-company Career Development Institute.
Wilson, Barbara L.
Boise, ID
Idaho Vice-President, US West Communications
Only.Idaho officer for 14~stateteleromrnunications corporation. responsible for
direrong public policy strategies.
Board of Directors: Boise Area Chamber of Commerce; Idaho Association of
Commerce and Industry.
\<Viison. Iulius William
Lucy Flower University Professor of Sociology and Public Policy .t the U. of Chicago
Director of the Center for the Study of Urban Inequality at the U. of Chicago
Books include: The Truly Disadvantaged: The Inner City, Tlte UndercIass, and Public Policy
Wolf. Stephen M.
Chicago, IL
Chairman and C.E.O., UAL Corporation/United Airlines
Former Chairman, President and C.E.O. of Tiger International, Inc,
President and C.E.o. of Republic Airlines (1984-86); Continental Airlines (1982-8:»
38
�Former Exec. Dir. of DNA-People's Legal Services; under his directorship ,the
DNA took several cases to the Supreme Court, helping establish the rights of
individual Native Americans and the sovereignty of Indian Nations.
"
",
40
�
Dublin Core
The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.
Title
A name given to the resource
Clinton Administration History Project
Creator
An entity primarily responsible for making the resource
Cinton Administration History Project
Council of Economic Advisers
Department of Commerce
Central Intelligence Agency
Department of the Interior
Department of Defense
Corporation for National Service
Council on Environmental Quality
Department of Justice
Domestic Policy Council
Department of Education
Department of Energy
Environmental Protection Agency
Federal Emergency Management Agency
General Services Administration
Small Business Administration
Social Security Administration
United States Agency for International Development
National Economic Council
Office of Management & Budget
Office of National Drug Control Policy
Office of Personnel Management
Office of Science & Technology Policy
Office of the Vice President
United States Trade Representative
Date
A point or period of time associated with an event in the lifecycle of the resource
1993-2001
Description
An account of the resource
<p>The Clinton Administration History Project describes in detail the accomplishments of President Clinton's Administration for the period 1993-2001. The records consist of the histories of 32 agencies or departments within the Executive Branch. In general, each organization associated with the Project submitted a narrative history along with supporting documents. These narrative accounts are primarily overviews of the various missions, special projects, and accomplishments of the agencies. The supplementary records include substantive memos, press releases, briefing papers, and publications illustrated with photos and charts.</p>
<p>Agencies:<br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Council+of+Economic+Advisers&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Council of Economic Advisers</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Central+Intelligence+Agency&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Central Intelligence Agency</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Department+of+Commerce&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Department of Commerce</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Department+of+the+Interior&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Department of the Interior</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Department+of+Defense&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Department of Defense</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Corporation+for+National+Service&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Corporation for National Service</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Council+on+Environmental+Quality&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Council on Environmental Quality</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Department+of+Justice&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Department of Justice</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Domestic+Policy+Council&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Domestic Policy Council</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Department+of+Education&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Department of Education</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Department+of+Energy&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Department of Energy</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Environmental+Protection+Agency&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Environmental Protection Agency</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Federal+Emergency+Management+Agency&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Federal Emergency Management Agency</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+General+Services+Administration&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the General Services Administration</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Department+of+Health+and+Human+Services&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Department of Health and Human Services</a><br /><a href="http://clinton.presidentiallibraries.us/items/browse?search=&advanced%5B0%5D%5Belement_id%5D=39&advanced%5B0%5D%5Btype%5D=is+exactly&advanced%5B0%5D%5Bterms%5D=History+of+the+Department+of+Housing+and+Urban+Development&range=&collection=21&type=&user=&tags=&public=&featured=&exhibit=&submit_search=Search+for+items">History of the Department of Housing and Urban Development</a><br /><a 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Is Part Of
A related resource in which the described resource is physically or logically included.
<a href="http://clinton.presidentiallibraries.us/items/show/36051">Collection Finding Aid</a>
Provenance
A statement of any changes in ownership and custody of the resource since its creation that are significant for its authenticity, integrity, and interpretation. The statement may include a description of any changes successive custodians made to the resource.
Clinton Presidential Records: White House Staff and Office Files
Publisher
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Clinton Presidential Library & Museum
Format
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Adobe Acrobat Document
Extent
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1474 folders in 111 boxes
Text
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Original Format
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Paper
Dublin Core
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Title
A name given to the resource
NEC – Economic Conference, December 1992 [3]
Creator
An entity primarily responsible for making the resource
History of the National Economic Council
Clinton Administration History Project
Date
A point or period of time associated with an event in the lifecycle of the resource
1993-2001
Is Part Of
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Box 38
<a href="http://clintonlibrary.gov/assets/Documents/Finding-Aids/Systematic/Administration-History-finding-aid.pdf">Collection Finding Aid</a>
<a href="http://catalog.archives.gov/id/1497354">National Archives Catalog Description</a>
Provenance
A statement of any changes in ownership and custody of the resource since its creation that are significant for its authenticity, integrity, and interpretation. The statement may include a description of any changes successive custodians made to the resource.
Clinton Presidential Records: White House Staff and Office Files
Format
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Adobe Acrobat Document
Publisher
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Clinton Presidential Library & Museum
Medium
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Reproduction-Reference
Date Created
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6/24/2011
Source
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1497354-nec-economic-conference-december-1992-3
1497354