Perquisites take center stage in corporate accountability
Regulators sharpen focus on executive perks as the SEC and IRS push for clearer disclosure. Companies report benefits such as company cars and lodging, security systems, and counseling programs. Notable cases include Seagram Gulf & Western JCPenney and Columbia Pictures detailing housing, transportation, and personal use costs. Begelman’s case highlighted misuse of funds and leadership fallout.
MENTIONED IN THIS ARTICLE
New York
UPI
Carter
Internal Revenue Service
Atlanta
Securities and Exchange Commission
SEC
Seagram Co. Ltd
Gulf & Western Industries Inc
Delta Air Lines
J.C. Penney Co
Penney
Columbia Pictures Industries Inc
White House reshuffle aims to streamline Carter operation
President Carter pushes a staff reorganization led by Hamilton Jordan focused on lower level aides to improve coordination and accountability. The changes drop Midge Costanza’s liaison role to Jordan while maintaining Jordan as a central figure. Mark Siegel resigned in protest over policy shaping. Critics including Sen Henry Jackson call the White House staff sycophantic and lacking leadership as Carter holds about 70 percent poll favorability and a 50 percent administration rating.
MENTIONED IN THIS ARTICLE
Helen Thomas
UPI
White House
Washington
Carter
Hamilton Jordan
Jody Powell
Jordan
Midge Costanza
Ms. Costanza
Rochester
N.Y
Mark A. Siegel
Middle East
Siegel
Henry J. Jackson
D-Wash
Jackson
Truck Crash Kills Two In Summit Illinois
A semi-trailer carrying paint thinner and insecticide overturned on I-55 near Summit, Illinois, crushing the car’s male driver and igniting a fire that killed a backseat passenger. The truck split in half and burned again during removal efforts, according to an Illinois DOT spokesman.
MENTIONED IN THIS ARTICLE
Summit, Ill
UPI
Chicago
Illinois Department of Transportation
Also Mentioned on This Page
Begelman
Columbia
Tina
Rt. 47
Waverly
Morris
Billy G. Newsom
U.S
Norma Russel
Robert L
Johnson
County Board
R. L. Johnson
State of
Illinois
Grundy County
R. E. McTague, Co
Hwys
Playtex Bros and
Girdles
Berkshire Hhose
the Fashion Shop
Yorkville
Fern
Palmer
Colgate
Brach's Chocolate Covered Fruit
Liberty
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