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Simon, William Edward |
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Simon, William Edward, 1927–2000, U.S. secretary of the treasury (1974–77), b. Paterson, N.J. He served (1946–48) in the U.S. army in Japan, graduated from Lafayette College (1952), and became a Wall Street bond dealer. Recognized in the financial world as a leading expert on government bonds, Simon served (1973–74) as deputy secretary of the Treasury under President Richard Nixon before succeeding George Shultz Shultz, George Pratt, 1920–, American public official, b. New York City, grad. Princeton Univ., 1942, Ph.D., Massachusetts Institute of Technology, 1949. ..... Click the link for more information. as treasury secretary. He also briefly directed (1973–74) the Federal Energy Office during the critical months of the Arab oil embargo. He later headed the U.S. Olympic committee and made millions investing in leveraged buyouts leveraged buyout, the takeover of a company, financed by borrowed funds. Often, the target company's assets are used as security for the loans acquired to finance the purchase. ..... Click the link for more information. during the 1980s. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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