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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 14, 1977
Page
12
The comptroller of the currency investigates Bert Lance over Georgia bank loans and correspondent accounts tied to Manufacturers Hanover. The probe centers on potential improprieties, collateral, and whether the Georgia bank indirectly funded Lance while he led the Carter administration.
Washington AP reports a Carter administration official says Lance is not expected to resign amid an examination of his private finances by Comptroller John Heimann. The probe centers on loans totaling 6 million dollars from Chicago and New York banks and considerations about bank leverage via interest-free accounts.
Chapel Hill North Carolina UNC officials outline their response to the latest federal desegregation guidelines ahead of a UNC Board of Governors committee meeting.
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