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Odessa American in Odessa, Texas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Aug 07, 1977

Page

5

Mandel trial closing arguments recount abuse of power and graft

In Baltimore the defense ends arguments as Gov. Marvin Mandel and five codefendants are portrayed as powerful, arrogant, and corrupt. Prosecutors said Mandel orchestrated a Marlboro Race Track payoff and framed a cover story to hide a $357000 in benefits, with shared profits from Security Investment Co. and dummy stockholder lists used to defraud citizens. The jury could hear closing remarks as trial proceeds toward deliberation.

Baltimore Irvin Kovens Ernest N. Cory Jr William A Harry W Rodgers II Mandel General Assembly Marlboro Kovens Hurson Marvin Mandel Hutson Racing Commission Maryland Asst U.S Ronald Liebman Liebman Hess Security Investment Co Social Security Administration

Billy Carter Expected to Earn Over Double President’s Pay

Money magazine reports Billy Carter will make about 500000 this year from appearances and endorsements plus earnings from the family peanut business. The President earns 200000 annually with up to 150000 in expenses, and Billy has received 5000 in advance.

New York Billy Carter Jimmy United States Money Magazine

World rich nations pledge 9.6 billion in new credits

At Paris talks 14 country group pledges 9.6 billion in new IMF credit to poorer nations facing serious balance of payments crises. United States leads industrialized donors with 1.7 billion. Saudi Arabia tops oil lenders at 2.5 billion. The facility aims to aid countries unable to meet deficits with existing IMF facilities, with repayment over four to seven years.

Paris United States Saudi Arabia IMF West Germany Kuwait Nigeria Witteveen U.S Treasury

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