July 13, 1988
Paul A. Volcker, former chairman of the Federal Reserve System, has been elected to the board of Prudential Insurance Co., Newark, N.J. Volcker, 60, joins the company's 24-member board for a four-year term. Volcker is chairman of James D. Wolfensohn, an investment banking firm in New York City.
June 15, 1990 |
Looking to create what he calls a "seventh stage" at the Kennedy Center, Chairman James D. Wolfensohn has tapped cable television executive Carolyn Reynolds for the new position of director of television and special projects. Reynolds, 45, is director of programming at the Arts & Entertainment Network. Aside from seeking material suitable for broadcast, she will handle projects such as the Texas Festival in June, 1991, and the Festival of the Americas in 1992.
July 29, 2004 |
Moderate and extreme poverty in Mexico dropped from 2000 to 2002, though it remains one of the country's principal challenges, according to a World Bank report. Extreme poverty fell from 24.2% of the population in 2000 to 20.3% in 2002, indicating that 3.1 million Mexicans had left the ranks of those living on less than $1 per day. "No one in the bank, and I believe no one in your government, is declaring a victory on the question of poverty," World Bank President James D.
March 12, 1995 |
President Clinton on Saturday recommended investment banker James D. Wolfensohn to be president of the World Bank, an international lending institution whose effectiveness at fighting poverty is under review. The recommendation will be presented to the bank's board of directors, which traditionally ratifies the United States' choice. The Australian-born Wolfensohn heads his own New York investment firm and is chairman of the John F. Kennedy Center for the Performing Arts in Washington.
March 14, 1989 |
James D. Wolfensohn Inc., the investment bank that landed former Federal Reserve Chairman Paul A. Volcker as a consultant when he left the Fed, said Monday that it has joined with another powerful partner, Japan's Fuji Bank, to advise Japanese and U.S. companies on mergers. The new firm, Fuji-Wolfensohn International, will be a joint venture launched with initial investment capital of $55 million, $52.5 million of it from Fuji, the world's second-largest bank with assets of $345 billion.
March 1, 1996 |
Stage and screen star Julie Andrews, performing on Broadway in "Victor/Victoria," underwent emergency gallbladder surgery at an undisclosed Manhattan hospital Thursday. Her spokesman said that Andrews, 60, is expected to be released from the hospital this weekend and resume performances late next week. . . . Broadway composer Jerry Herman will be saluted by some of his leading ladies, including Angela Lansbury ("Mame"), Carol Channing ("Hello Dolly!"