Lockheed Accused of Paying Journalists to Influence Coverage
Foreign journalists allegedly received payments routed through intermediaries to plant favorable stories abroad. SEC filings show at least 25.5 million dollars in overseas payments to government officials and parties, with addenda adding more. Authorities debate disclosure and contract risks, while Lockheed defends limited comment.
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Lockheed Aircraft Corp
Lockheed
Securities and Exchange Commission
Burbank
William Proxmire
D-Wis
Senate
Eee Committee
SEC
Lockheed’s
Daniel Haughton
Schlesinger warns S Korea on North Korean threats
Defense Secretary James Schlesinger, returning from a Far East mission, warns any North Korean attack would trigger massive conventional firepower by U.S. forces in South Korea. He says 42 000 American troops should not be withdrawn for at least five more years and notes North Korean verbal threats persist.
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Washington
UPI
James Schlesinger
South Korea
U.S
North Korea
Schlesinger
Far East
Japan
Andrews
SEC decision on foreign payments data disclosure
Long Beach report notes the SEC may release information on foreign payments given to Lockheed under the Securities Exchange Act of 1934. The agency could publish material it deems in the public interest, countering claims the data is private company information.
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Lockheed
Europe
Latin America
Africa
Asia
Middle
Near East
Lock
Press-Telegram
Commission
Long Beach
Long Beach Public Transportation Co
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