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Albert V Casey

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BUSINESS
October 13, 1991 | JAMES BATES, TIMES STAFF WRITER
Shortly after he was hired as dean of the Edwin L. Cox School of Business at Southern Methodist University in Dallas in 1982, Roy Herberger was invited to the offices of then-American Airlines Chairman Albert V. Casey. During their meeting, Casey wanted to make one thing clear to Herberger: Don't expect a thank-you letter in the mail for coming out.
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BUSINESS
March 10, 1993 | ROBERT A. ROSENBLATT, TIMES STAFF WRITER
In a stinging denunciation, the president of the former parent company of failed Homefed Bank in San Diego has called on the Clinton Administration and Congress to abolish the Resolution Trust Corp., accusing the federal agency of massive "waste and mismanagement." Meanwhile, RTC President Albert V. Casey will leave his job at the end of this week--two weeks early--at the urging of the Administration, sources said Tuesday.
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BUSINESS
November 6, 1992 | ROBERT ROSENBLATT
Albert V. Casey, president of Resolution Trust Corp., said he would like to remain head of the savings and loan clean-up agency after President-elect Bill Clinton takes office. "I've got a real interest in staying on and finishing the job," Casey, a Republican, said in an interview Thursday. The RTC has disposed of nearly 700 insolvent thrifts, but needs another $40 billion from Congress to complete the job before it goes out of business next Sept. 30.
BUSINESS
February 20, 1993 | ROBERT A. ROSENBLATT, TIMES STAFF WRITER
The head of the embattled Resolution Trust Corp. strongly criticized Price Waterhouse in testimony before Congress on Friday, saying it was "an egregious act" for the giant accounting firm to charge the RTC 67 cents a page for copying millions of pages of records. At the same time, however, RTC President Albert V. Casey admitted that there is no legal way for the federal agency to alter its contract with Price Waterhouse.
BUSINESS
August 11, 1988 | DOUGLAS FRANTZ, Times Staff Writer
Not long after installing Albert V. Casey as chairman and chief executive of First RepublicBank in Dallas, federal regulators told him to fire the bank's president. Casey refused, invoking the authority he had demanded over personnel as one condition for taking over the bank. Insiders at First Republic said the bank president, Joseph R.
BUSINESS
September 19, 1991 | JAMES RISEN, TIMES STAFF WRITER
Albert V. Casey, former chairman of American Airlines and onetime postmaster general, has emerged as the prime candidate to become chairman of the Resolution Trust Corp., the agency charged with administering the thrift industry bailout, officials said Wednesday. Casey, 71, would succeed L. William Seidman, who is retiring as head of both the Federal Deposit Insurance Corp. and the 2-year-old RTC, which is staffed and managed by the FDIC. A formal announcement is expected this month.
BUSINESS
May 4, 1988
Albert V. Casey has resigned from the board of Sears, Roebuck & Co. after being named chairman of First RepublicBank Corp. in Dallas.
BUSINESS
January 30, 1992 | From Times Staff and Wire Reports
Senate Committee Backs Casey Nomination: The nomination of Albert V. Casey to be chief executive of the Resolution Trust Corp. was passed unanimously by the Senate Banking Committee. Casey, the former chairman of American Airlines, has been directing the agency, charged with handling failed savings and loans, since October. A date for the full Senate vote has not been set yet.
BUSINESS
February 1, 1992 | Associated Press
The Senate on Friday confirmed former airline executive Albert V. Casey as chief executive officer of the Resolution Trust Corp., the agency charged with handling failed savings and loans. The confirmation, by voice vote, came two days after the Senate Banking Committee unanimously endorsed the 71-year-old former chairman of American Airlines Inc. and former postmaster general during the Reagan Administration. Casey has been serving since Oct. 17 at the RTC.
BUSINESS
October 24, 1991 | From Times Staff and Wire Reports
Casey Says He Can Handle Complex Setup: Albert V. Casey, in his first congressional appearance as chief executive of the savings and loan bailout program, assured lawmakers that he could work effectively within the complex, two-board administrative structure of his agency. Casey, a former chairman of American Airlines, admitted that he had never encountered in private life an administrative setup similar to that of the Resolution Trust Corp.
BUSINESS
February 18, 1993 | SUSAN SCHMIDT, WASHINGTON POST
Albert V. Casey, chief executive of the much-criticized government thrift-cleanup agency, told his employees Wednesday that he is resigning. In a letter to employees of the Resolution Trust Corp., Casey, 72, said he will leave government by early April, giving President Clinton six weeks to find a replacement to take over the task of disposing of billions of dollars in assets from failed savings and loans.
BUSINESS
February 2, 1993 | ROBERT A. ROSENBLATT, TIMES STAFF WRITER
An influential Democratic lawmaker urged the Clinton Administration on Monday to dismiss the head of the agency responsible for cleaning up the savings and loan industry and to reform its operations before seeking more funds for the unfinished thrift industry bailout. Rep. Bruce Vento (D-Minn.), a senior member of the House Banking Committee, accused the Resolution Trust Corp. and its president, Albert V.
BUSINESS
November 6, 1992 | ROBERT ROSENBLATT
Albert V. Casey, president of Resolution Trust Corp., said he would like to remain head of the savings and loan clean-up agency after President-elect Bill Clinton takes office. "I've got a real interest in staying on and finishing the job," Casey, a Republican, said in an interview Thursday. The RTC has disposed of nearly 700 insolvent thrifts, but needs another $40 billion from Congress to complete the job before it goes out of business next Sept. 30.
BUSINESS
August 12, 1992 | SUSAN SCHMIDT, WASHINGTON POST
Three managers in the Resolution Trust Corp.'s legal division told a Senate committee Tuesday that top agency officials have eased up in their pursuit of some former savings and loan directors and officials, and they said they believe that political considerations are behind the moves. The three said that in the past several months the RTC has agreed to small financial settlements in some cases and has abandoned some lawsuits altogether, even though they said the suits were justified and potentially lucrative.
BUSINESS
February 3, 1992 | From Times Staff and Wire Reports
RTC Being Streamlined, New Boss Says: Its new chief executive said the federal agency managing the cleanup of the troubled savings and loan industry is being streamlined to keep costs down and increase efficiency. "If the Resolution Trust Corp. is to serve the public while keeping the taxpayers' costs to a minimum, we must become more responsive and efficient," RTC Chief Executive Officer Albert Casey said.
BUSINESS
February 1, 1992 | Associated Press
The Senate on Friday confirmed former airline executive Albert V. Casey as chief executive officer of the Resolution Trust Corp., the agency charged with handling failed savings and loans. The confirmation, by voice vote, came two days after the Senate Banking Committee unanimously endorsed the 71-year-old former chairman of American Airlines Inc. and former postmaster general during the Reagan Administration. Casey has been serving since Oct. 17 at the RTC.
BUSINESS
February 13, 1989
Albert V. Casey, chairman and chief executive officer of First RepublicBank Corp., was elected today to the board of directors of Sears Roebuck and Co. Casey, 68, a former president of Times Mirror Co., served as a Sears director from August, 1981, to January, 1986, when he resigned upon being appointed postmaster general of the United States. He returned to the Sears board in October of 1986, after resigning as postmaster general.
BUSINESS
January 30, 1992 | From Times Staff and Wire Reports
Senate Committee Backs Casey Nomination: The nomination of Albert V. Casey to be chief executive of the Resolution Trust Corp. was passed unanimously by the Senate Banking Committee. Casey, the former chairman of American Airlines, has been directing the agency, charged with handling failed savings and loans, since October. A date for the full Senate vote has not been set yet.
BUSINESS
October 24, 1991 | From Times Staff and Wire Reports
Casey Says He Can Handle Complex Setup: Albert V. Casey, in his first congressional appearance as chief executive of the savings and loan bailout program, assured lawmakers that he could work effectively within the complex, two-board administrative structure of his agency. Casey, a former chairman of American Airlines, admitted that he had never encountered in private life an administrative setup similar to that of the Resolution Trust Corp.
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