FTC hearings in Los Angeles attack funeral profiteering
At a Los Angeles public hearing on proposed FTC regulation of the funeral trade critics including Rev. Frederick Fenton accused funeral directors of price gouging and manipulation. FTC officials urged full price disclosure to curb practices such as bail and switch and misrepresentation of the necessity of embalming. Robert Webster of California’s Board of Funeral Directors backed existing state regulation while suggesting FTC rules would not hinder state authorities.
MENTIONED IN THIS ARTICLE
Pers
Los Angeles
Cherge
Frederick Fenton
Santa Monica
FTC
Commission
Arthur Angel Jr
Ftca
Robert Webster
California State Board of Funeral Directors and Embalmers
California
Webster
FBI seizure at Richmond home ruled legal by judge
U S District Judge Stanley Weigel ruled FBI actions legal in a Richmond raid where agents seized 150 pounds of explosives and other evidence tied to the Emilia Zapata Unit. Six suspects were arrested. five face trial June 28 on charges of concealing stolen explosives and possessing unregistered devices, while a sixth awaits trial.
MENTIONED IN THIS ARTICLE
FBI
San’ Francisco
Richmond
Stanley Weigel
Emiliano Zapata
Sramucw Weynies
Lockheed to refinance multimillion debt package
Burbank AP Lockheed Aircraft Corp announced a refinancing plan for its multimillion-dollar debts including a controversial federally guaranteed 250 million loan from 1971. The plan replaces last phases of a prior plan, amends the credit agreement with 24 banks and the government, and adds 400 million in nonguaranteed loans plus a new series of preferred stock and a term loan. The government-backed loan may extend beyond 1977, while a 15 million credit line from 1974 was canceled. Hubert Haack, now Lockheed chairman, is viewed as the driving force behind the financing shuttle amid an overseas bribery scandal.
MENTIONED IN THIS ARTICLE
Burbank
Lockheed Aircraft Corp
Rom
Plah
Lockheed
Ulltey Willot
Hubert Y. Haack
Judge rejects motions by Lockheed figures tied to payoffs
A federal judge in Los Angeles denied defense motions by three Lockheed executives and ordered them to answer more than 500 questions prepared by Tokyo prosecutors related to the multimillion-dollar payments in Japan. The judge said an appeal to the Ninth Circuit is likely before the June 18 deposition in Los Angeles, with the case tied to Yoshio Kodama's May 9 Tokyo tax indictment.
MENTIONED IN THIS ARTICLE
Los Angeles
Lockheed
Okyo
Japan
U.S. District Court
Albert Lee Stephens,Jr
Ninth U.S. Circuit Court of Appeals
San Francisco
Court of Appeals
Stephens
Stephen
A. Carl Kotchian
AH. Elliott
Lockheed Marketing
Irm
Tokyo
Yoshio Kodama
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Pol
Jose
Alameda County
Oakland
Board of Supervisors
Fred Cooper
L.A
Sete Pot Fox
Aea A
Lomveraien
Gordon’Gin
England
America
Gordon’s Gin
King Koil
International Chiropractors Association
Sip
Garden Court
BenkAmericard Master Charge
Revealing Charge
Atlantic Ave
Long Beach
San Diego
Mites Sa
Artesia Pay
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