Nader Warns on Lockheed Rescue Subsidy Risk
Ralph Nader told the Senate Banking Committee that a congressional rescue of Lockheed would require ongoing subsidies. James Welch of Nader’s group opposed a Nixon plan to guarantee loans up to 250 million dollars for the company.
MENTIONED IN THIS ARTICLE
Ralph Nader
Senate Banking Committee
Congress
Lockheed
Consumer Advocate
James Welch
Nixon Administration
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