Senate delays action on Rockefeller vice president nomination
Washington report says Senate action on Nelson Rockefeller's nomination was postponed until after the November elections. Rules Committee chair Howard Cannon cited delays in tax audits and financial records as preventing a timely report before the post election session. Griffin called the move disappointing while stressing haste in audits remains a goal.
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Washington
Senate
Nelson A. Rockefeller
Howard W. Cannon
Congress
Joint Committee On
Internal Revenue Taxation
Rockefeller
Robert FP. Griffin
R-Mich
Cannon
Rules Committee
House
Rules Panel
House Committee
Chase Manhattan bonds inventory overvalued by 34 million
David Rockefeller, chairman of Chase Manhattan Bank, said the bank's bond trading inventory was overstated by 34 million, cutting nine month earnings by about 15 million. He announced the resignation of the senior VP in charge of bond dealer activities, effective October 1. The bank will restate reports for 1974 quarters as needed after final evaluation.
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New York
UPD
David Rockefeller
Chase Manhattan Bank
Rockefeller
Chase Bond
Chase Manhattan Corp
SEC seeks court to replace Mattel chiefs
The SEC urged a Washington court to appoint new Mattel Inc directors after findings that the toy maker overstated 1970 earnings by about a third. The agency had sought two new directors and two committees to address 1973 financial issues, later learning of inflated prior-year statements via hill and hold sales invoices.
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Washington
Securities and Exchange Commission
Mattel Inc
U.S. District Court For
District of Columbia
Gust
Rockefeller Calls Inflation Our Great Challenge To USA
Vice President-designate Nelson Rockefeller spoke to 23,000 Brigham Young University students in Provo and to a San Francisco editors conference, saying inflation is the greatest challenge America has faced. He urged productivity, sacrifice, and cut waste, warned no single fix exists, and praised free enterprise amid a new global oil-led order.
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Carl Leubsdorf
San Francisco
Nelson Rockefeller
America
Brigham Young University
Provo
Utah
Rockefeller
Congress
Bennett
Brigham Young Students
Rules Committee
Middle East
Brigham Young
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