Other than being Alcoa CEO, does anybody know ANYTHING about this guy????????????????????????????
http://news.excite.com/news/r/001218/19/bush-treasury
WASHINGTON (Reuters) - Alcoa chairman Paul O' Neill emerged Monday as a leading contender for the key job of Treasury secretary in the administration of President-elect George W. Bush, Republican sources said.
"Bush wouldn't be taking the time to have lunch with him if he wasn't taking a serious look at him," said one source close to the transition process.
For O'Neill, who is 65, the timing of an offer to head Treasury could be fortuitous. He plans to retire from Alcoa at the end of the year. Getting one of the most crucial Cabinet posts would allow O'Neill to tap into his extensive government experience working in the 1960s and '70s in the Office of Management and Budget.
O'Neill appears to have ties to several key members of Bush's inner circle, including Vice President-elect Dick Cheney, Bush's national security adviser Condoleezza Rice and his chief economic adviser, Lawrence Lindsey.
Perhaps equally important, O'Neill -- who heads the world's largest aluminum producer -- is apparently a friend of the Federal Reserve Chairman, Alan Greenspan.
ADVICE FROM GREENSPAN?
Bush, whose father had a strained relationship with Greenspan during his own presidency eight years ago, seems to be eager to build ties with the powerful Fed chief, whose crucial role in the economy could have a key effect on Bush's fortunes in office.
A breakfast meeting with Greenspan was the first appointment in a series held by Bush in his first morning in the nation's capital as president-elect.
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Bush, who puts a premium on trust, friendship and loyalty, had never met O'Neill before Monday, sources said.
O'Neill's connection to Cheney dates back at least as far as the Ford administration, when Cheney was chief of staff and O'Neill served for three years as deputy director of the Office of Management and Budget.
Cheney and O'Neill worked together at the American Enterprise Institute, a conservative think tank in Washington.
Lawrence Lindsey, who is Bush's chief economic adviser and one of his most trusted aides, is a scholar at the institute and is tipped to get the top economic advisory post at the White House.
A MAN OF MANY CONNECTIONS
For the past 12 years, O'Neill has been a trustee of the Santa Monica, California-based Rand think tank and became chairman of the board of trustees in 1997. Condoleezza Rice was a trustee from 1991-1997.
On Dec. 5, O'Neill gave Rand $2.5 million to endow the Paul O'Neill Alcoa Professorship in Policy Analysis -- the largest gift Rand has received in its history.
During the time when Cheney and O'Neill were working in the Ford administration, Greenspan also held a White House post, serving as chairman of the Council of Economic Advisers from 1974-1977.
In a March 1999 interview on the cable television network CNBC, O'Neill referred to Greenspan as an "old friend".
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