The 1981 recession is thought to have been caused by the tight-money policy adopted by Paul Volcker, chairman of the Federal Reserve Board, before Ronald Reagan took office.

Much of the credit for the resolution of the stagflation is given to two causes: a three year contraction of the money supply by the Federal Reserve Board under Paul Volcker, initiated in the last year of Carter's presidency, and long term easing of supply and pricing in oil during the 1980s oil glut.

* 1927 – Paul Volcker, American economist

In 1979, President Jimmy Carter appointed a Federal Reserve chief Paul Volcker who made inflation fighting his primary objective, and restricted the money supply ( in accordance with the Friedman rule ) to tame inflation in the economy.

In the late 1980s, Paul Volcker was succeeded by Alan Greenspan, a leading monetarist.

According to the report of the Paul Volcker Committee, between April and December 2004, Kofi Annan ’ s then Chef de Cabinet Iqbal Riza authorized thousands of UN documents shredded including the entire chronological files of the Oil-for-Food Programme between the years 1997-1999.

A full-time Town Manager, Paul A. Volcker, Sr. ( father of future Chairman of the Federal Reserve Paul A. Volcker, Jr .), was appointed to handle Teaneck's day-to-day business affairs.

* Paul Volcker ( born 1927 ), former chairman of the United States Federal Reserve who was born here while his father was the City Manager.

Other founding members included Alan Greenspan and Paul Volcker, both later heads of the Federal Reserve system.

The Federal Reserve Board, led by Chairman Paul Volcker, asked Congress to overrule both the FDIC ’ s and the OCC ’ s actions.

Although Paul Volcker and the Federal Reserve Board sought legislation overruling the FDIC and OCC actions, they agreed bank affiliates should have broader securities powers.

Paul Volcker agreed that, “ broadly speaking ,” it made no sense that US commercial banks could underwrite securities in Europe but not in the United States.

Federal Reserve Board Chairman Paul Volcker supported Congress amending Glass-Steagall to permit such affiliates to underwrite and deal in a limited amount of bank-ineligible securities, but not corporate securities.

Alan Greenspan had replaced Paul Volcker as Chairman of the Federal Reserve Board when Proxmire sent his 1988 letter recommending the Federal Reserve Board expand the underwriting powers of Section 20 affiliates.

Although Paul Volcker “ had changed his position ” on Glass-Steagall reform “ considerably ” during the 1980s, he was still “ considered a conservative among the board members .” With Greenspan as Chairman, the Federal Reserve Board “ spoke with one voice ” in joining the FDIC and OCC in calling for Glass-Steagall repeal.

Banks and bank holding companies had already gained important regulatory approvals for securities activities before Paul Volcker retired as Chairman of the Federal Reserve Board on August 11, 1987.

While Paul Volcker ’ s January 1984, testimony to Congress repeated that banks are “ special ” in performing “ a unique and critical role in the financial system and the economy ,” he still testified in support of bank affiliates underwriting securities other than corporate bonds.

In 1991 Paul Volcker testified to Congress in support of the Bush Administration proposal to repeal Glass-Steagall Sections 20 and 32.

Paul Volcker gave his 1991 testimony as Congress considered repealing Glass-Steagall sections 20 and 32 as part of a broader Bush Administration proposal to reform financial regulation.

With his reputation for being “ conservative ” on expanded bank activities, former Federal Reserve Board Chairman Paul Volcker remained an influential commentator on legislative proposals to permit such activities.

Representative Leach, House Banking Committee Ranking Member Henry Gonzalez ( D-TX ), and former Federal Reserve Board Chairman Paul Volcker opposed such commercial affiliations.

Reflecting the process Paul Volcker had described, as financial reform legislation was considered throughout 1997 and early 1998, Congressional Quarterly reported how different interests groups blocked legislation and sought regulatory advantages.

# Louis W. Hill of St. Paul, Minnesota, who was named president of the GN in 1907 and board chairman in 1912.

Current well-known economists include 2008 Nobel Memorial Prize in Economic Sciences winner Paul Krugman, a public intellectual and advocate of modern liberal policies ; Alan Greenspan, the former chairman of the Federal Reserve ; Ben Bernanke, the current Chairman of the Federal Reserve ; Joseph Stiglitz, an American economist, Nobel Memorial Prize in Economics winner, critic of inequality and the governance of globalization, and Chief Economist of the World Bank.

Calvi also involved the Vatican Bank, Istituto per le Opere di Religione, in his dealings, and was close to Bishop Paul Marcinkus, the bank's chairman.

In October that year, Scott, described as " gallery owner — and Stuckist ", said in The Daily Telegraph that Tate Gallery chairman, Paul Myners, was hypocritical for refusing to divulge the price paid.

Tate chairman Paul Myners visited both shows.

He became chairman of the board in May 2005, when he was succeeded as CEO by Paul Otellini.

Six weeks later, his lawyers submitted a letter to Paul Szabo, the Ethics Committee chairman, indicating that their client would not appear again before the committee because of his " unfair " treatment on December 13.

Paul Cassidy of six-piano ensemble Piano Circus is a fan of QPR and also deputy chairman of the Glasgow branch of the Queens Park Rangers Supporters Association.

As of April 2008, the sisters have new management with Sohoartists and they are working with Paul Burger, who used to be the chairman at Sony Records.

Councillors unseated included the veteran Steve Mama ( Labour ), Kingston's longest serving Councillor ; the Conservative election campaign co-ordinator Nick Kilby from his previously safe Surbiton Hill ward ; and Paul Johnston, the former local Conservative Association chairman and trustee.

Despite celebrating the club's birthday with an official mid-season function at Crown Casino, shortly afterward chairman Paul Gardner resigned, handing the presidency to former club champion Jim Stynes who inherited a $ 4. 5 million debt, which media pundits suggested would cripple the club.

The Bristol County Commission < ref name =" County "> http :// www. countyofbristol. net / Official website of Bristol County, Mass .</ small ></ ref > is made up of chairman Maria F. Lopes ( D-Taunton ) and members Paul B.

The chairman of the Territorial Council's Enrolled Bills Committee, Joseph J. Rolette of Pembina, took the bill and hid in a St. Paul Hotel, drinking and playing cards with some friends as the City Police looked fruitlessly for him, until the end of the legislative session, too late for the bill to be signed.

Documents show that Republican council candidate Paul Salvatore went directly to the chairman of SEPTA, a prominent Newtown Republican businessman, with Democratic literature, seeking his help to counter it.

Republican Paul Salvatore contacted Deon, a longtime friend whom he had discussions with on the SEPTA site prior to the campaign, and brought the new Democratic flier to his attention, as Deon is SEPTA ’ s board chairman.

Prominent business leaders include Daniel Lamarre, president and CEO of Cirque du Soleil, Paul Desmarais, chairman of the Power Corporation of Canada, André Desmarais and André Ouellet, Postmaster General of Canada, CEO and president of Canada Post.

The original line-up, from 1990 to 2002, was Angus Deayton as chairman, with Ian Hislop, the editor of Private Eye, and comedian Paul Merton as team captains.

The company is named after 15th-century Venetian printer Aldus Manutius, and was founded by Jeremy Jaech, Mark Sundstrom, Mike Templeman, Dave Walter, and chairman Paul Brainerd.

Later on Paul Smith joined Lincroft Kilgour in Savile Row after being spotted by chairman Harold Tillman, where his designs were worn by celebrities including footballer George Best.

" Former Federal Reserve chairman Paul Volcker chimed in, saying it's " clear that among the causes of the recent financial crisis was an unjustified faith in rational expectations market efficiencies.

The committee consisted of Paul Godfrey, Larry Grossman and former Ontario Hydro chairman Hugh Macaulay.

* Paul Kolton ( 1923 – 2010 ), chairman of the American Stock Exchange.

According to an interim report released on February 3, 2005 by former Federal Reserve chairman Paul Volcker's commission ( see # Investigations below ), much of the food aid supplied under the programme " was unfit for human consumption ".