GOVERNMENT CAPTURE TIMELINE - 1997

ECONOMIC CONDITIONS: 
REGULATORY CHANGES: 
PRESIDENT: Bill Clinton
SECRETARY OF THE TREASURY: Robert Rubin
SECRETARY OF STATE: Madeleine Albright
SECRETARY OF DEFENSE: William S. Cohen
SUPREME COURT: 
CONGRESS: Speaker, Newt Gingrich (R)
FEDERAL RESERVE CHAIRMAN: Alan Greenspan
NY FEDERAL RESERVE: William J McDonough, President
HIGHEST PAID CEO: Millard Drexler - Gap 
$104,822,000
Inflation adjusted: $134,685,000
BUSINESS ROUNDTABLE: Donald Fites, CEO & Chairman of Caterpillar, Chairman
COUNCIL ON FOREIGN RELATIONS: Peter Peterson, Chairman
KEY BANK MERGERS: US Bancorp and First Bank System; NationsBank and Boatman's Bancshares; Washington Mutual and Great Western Financial; First Union and Signet; National City and First of America; Banc One and First USA; Swiss Bank and Union Bank of Switzerland
KEY NON-BANK MERGERS: Worldcom and MCI; ValuJet and AirTranGM sells Hughes Electronics to Raytheon; Morgan Stanley and Dean Witter; McDonnell Douglas and Boeing; Travelers and Salomon Brothers; Pepsico spins off Yum! Brands; Thysen and Krupp
CORPORATE GOVERNANCE: Lens begins partnership with Hermes

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