Probe Eyes Big Defense Contracts
The SEC probes the 25 largest U.S. defense contractors for possible improper payments at home and abroad. Sen. Proxmire urged a detailed records review to uncover unusual payments or slush funds over the last five years, citing Northrop’s $450,000 bribe case and overseas concerns.
MENTIONED IN THIS ARTICLE
Washington
Securities and Exchange Commission
SEC
Ray Garrett Jr
Division of Corporation Finance
William Proxmire
Dwis
Senate Banking Committee
United States
Proxmire
Northrop Corp
Northrop
Department of Defense
Senate
Gulf Oil Co
Korea
Richard Kaufman
Congressional Joint Economic Committee
U.S
Nixon
General Dynamics Corp
Lockheed Aircraft Corp
McDonnell Douglas Corp
United Aircraft Corp
General Electric Corp
Boeing Co
Litton Industries Inc
Hughes Aircraft Co
Rockwell International Corp
Raytheon Co
American Telephone and Telegraph Co
Grumman Corp
Westinghouse Electric Corp
Textron Inc
Chrysler Corp
Sperry Rand Corp
FMC Corp
Exxon Corp
General Motors Corp
Honeywell Inc
LTV Corp
Standard ‘Oi! Co
California
Tenneco Inc
The
International Business Machines Co
Refugee Placement Going Slow
Washington report says sponsors for Indochina refugees are scarce delaying resettlement beyond schedule. GAO notes security clearances slow releases, but bottleneck is securing housing and aid until job-ready. Less than 30 percent have firm sponsorship. 64 percent settled in 10 states and DC. typhoon season risks on Guam. camps at Pendleton and Eglin not ready for winter.
MENTIONED IN THIS ARTICLE
Washington
Indochina
Congress
America
General Accounting Office
Interagency Task Force
Senate Subcommittee On
GAO
United States
Washington, D.C
District of Columbia
Guam
Camp Pendleton
Eglin Air Force Base
Eglin
Communists Gain Strength in Italy Election Push
In nationwide local elections the Communist share grew, pressuring inclusion in the national government for the first time since 1947. Milan stock prices fell about 7 percent at open with Fiat Pirelli Montedison and Saia Viscosa down around 10 percent amid investor anxiety. The Communists trailed the Christian Democrats by under 600,000 votes, with Socialists also gaining.
MENTIONED IN THIS ARTICLE
Rome
Milan
Italy
Fiat
Pirelli
Montedison
Saia Viscosa
Christian Democrats
Socialista
Landmark ruling ends state bar minimum fee schedules
Washington AP reports a Supreme Court ruling that state and local bar associations cannot enforce minimum fee schedules. The decision, 6 to 0, ends the 179 year old system, reducing costs for homebuyers, divorces, wills, and small businesses.
MENTIONED IN THIS ARTICLE
Lewis Goldfarb
Justice Department
Oregon State Bar
Wilson
Fairfax County
Virginia
Goldfarbs
Morrison
Massachusetts
ABA
Alabama
Colorado
Delaware
Iowa
Kansas
Louisiana
Maine
Montana
New Mexico
North Dakota
Oklahoma
Pennsylvania
Rhode Island
Tennessee
Texas
Utah
West Virginia
Wyoming
Conventions Ride Economic Waves Amid Recession
AP reports major cities see convention attendance and spending hold steady or rise as a $3 billion annual business. ASAE finds 45 percent of associations improved attendance, 37 percent unchanged, 18 percent down. delegates spend 10 to 15 percent more. New York hosted about 825 meetings in 1974 with 3.2 million delegates spending $405.3 million. other cities show similar patterns. Some troubled industries plan fewer conventions.
MENTIONED IN THIS ARTICLE
Lee Mitgang
Associated Press
American Society of Association Executives
ASAE
Washington, D.C
Las Vegas
Atlanta
New York
Charles Gillett
Also Mentioned on This Page
Probe Eyes Big Defense
Supreme Court
Alan B. Morrison
Virginia Husband and Wife
Fairfax County Bar Association
Atty
Bruce B. Wilson
American Bar Association
Ottawa Herald
Society News
Ottawa
Blue Cross
Blue Shield
Blue Shield Group
Blue Cross and Blue Shield of
c/o Public Relations Dept
Topeka
Doe
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