John W. Snow

John William Snow ( born August 2, 1939 in Toledo, Ohio, United States) was the 73rd Treasury of the United States of America, which took over the post on February 3, 2003 by Paul O'Neill.

Career

Snow was proposed by President George W. Bush on 13 January 2003 as Finance Minister and unanimously confirmed by the U.S. Senate.

Snow was chairman and sole managing director (CEO) of CSX Corporation. His previous positions have included the post as head of the National Highway Traffic Safety Administration, Deputy Secretary of State, Secretary of Government Affairs and Deputy Assistant for Policy, Plans and International Affairs.

He was chairman of the Business Roundtable, one consisting of 250 CEOs of the largest U.S. companies group for the joint influence of politicians from 1994 to 1996 and had the largest share of the adoption of the North American Free Trade Agreement NAFTA. In May 2004 it was revealed that Snow's broker acquired promissory notes worth 10 million dollars. When Snow came to that conclusion, he departed from them.

On 26 May 2006 Snow announced his resignation from the post of Minister of Finance July 3, 2006. As his successor was presented on May 30, Henry Paulson.

Since November 1, 2006 John Snow is the CEO of the international financial investor Cerberus.

Personally

John Snow began studying at Kenyon College and the University of Toledo, where he earned a degree in 1962. Later he obtained a doctorate in economics at the University of Virginia. He graduated in 1967 to study law at George Washington University from and taught after administration at the University of Maryland and Law at the George Washington University. He was guest 1977 member of the American Enterprise Institute, and between 1978 and 1980, a Distinguished Fellow (member of high rank ) at the Yale School of Management.

Snow lives in Richmond, Virginia with his wife Carolyn. He has three children and three grandchildren.

Quotes

"The cost of the [Iraq ] was will be small. We can afford the war, and we'll put it behind us. " ( "The cost of the Iraq war will be low We can not afford the war, and we will bring it behind us.. " ) - New York Times, March 9, 2003

"Germany wants to have a comeback. " - In a post on " CNBC Europe " regarding the economic situation in the euro zone on 28 June 2005.

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