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Lance defense outlines multiple bank controversy points
Budget Director Bert Lance defended himself before the Senate committee on overdrafts at Calhoun First National Bank and related issues. He says overdrafts were legal under bank policy, that campaign overdrafts were managed with his funds and guarantees, and that loans and correspondent accounts involved normal terms. He denies collusion, asserts transparency, and rejects embezzlement links.
MENTIONED IN THIS ARTICLE
Washington
Bert Lance
Senate Governmental Affairs Committee
Lance
Calhoun (Ga
First National Bank
Calhoun
Georgia
Comptroller of the Currency
Justice Department
New York
Georgia Bank
Calhoun First National Bank
First National Bank of Georgia
Office of Management and Budget
Senate