- Albert Vincent Casey
Albert Vincent Casey (
February 28 1920 –July 10 2004 ) was a formerUnited States Postmaster General , publisher of "The Los Angeles Times ," and an attendee of the notoriousBohemian Grove . He received two degrees fromHarvard University in 1948.Positions held:
* U.S. Army in WWII for four years.
* President ofTimes Mirror Company for 8 years.
* CEO ofAmerican Airlines (1974-1985)
* Director of American Airlines
* President and CEO ofResolution Trust Corporation President, 17 months, 1992-1993.
* Distinguished Executive at the Woodrow Wilson International Center for ScholarsCasey was a member of the U.S. Postal Service Board of Governors from 2002 August until his death.
A well-known aphorism is "Casey's Law": If Something Can Go Right It Should. The phrase is also the title of Casey's business auto-biography "Casey's Law", published in 1997.
Casey believed in management by a group of four: he claimed that any business should consist of "a person to make the stuff, a person to sell the stuff, a bean counter to keep score, and the boss."
As President of the Resolution Trust Corporation he oversaw failed savings-and-loans, such as
Madison Guaranty in Little Rock, Arkansas.Reported by Casey in September 1992 White House counsel C. Boyden Gray called Casey about the Madison referral. Casey said he would check in to r, but then hears from Gray again, who tells Casey to forget about the Madison case. Gray later said he did not recall the call.
While President of the Resolution Trust Corporation he was asked to step down by
Bill Clinton in February 1993. In April 1993 be stepped down, he served 17 months. He also said his friendRoger Altman , Deputy Treasury Secretary under Bill Clinton, monitored and block Whitewater investigations.Casey at 84 died in Dallas, Texas.
References
* [http://www.nndb.com/people/764/000052608/ NNDB entry]
"Part of this article was derived from the expired Hierarchypedia page http://web.archive.org/web/20041113025036/www.hierarchypedia.com/~hierarch/wiki/index.php/Albert_V._Casey under the
GFDL "* "Business Notes BANKING" Time.com Apr. 25, 1988 [http://www.time.com/time/magazine/article/0,9171,967221,00.html]
* "Albert V. Casey" Soylent Communications, [http://www.nndb.com/people/764/000052608/]
* "Albert V. Casey, 84, American Air Chief, Dies" NY Times, July 14, 2004, [http://query.nytimes.com/gst/fullpage.html?res=9400E0D61F3BF937A25754C0A9629C8B63]
* " R.T.C.'s Chief Stepping Down" NY Times, February 18, 1993, [http://query.nytimes.com/gst/fullpage.html?res=9F0CE0DE1439F93BA25751C0A965958260&n=Top/Reference/Times%20Topics/Subjects/S/Savings%20and%20Loan%20Associations]
Wikimedia Foundation. 2010.