Carter aide Bert Lance resigns amid banking probe
President Carter reads Lance resignation letter while Lance quits as director of the Office of Management and Budget amid Senate and federal probes into his personal finances and banking practices. Lance cites controversy and ongoing investigations surrounding his Georgia banks and 1974 gubernatorial campaign.
MENTIONED IN THIS ARTICLE
Lance
Georgia
Office of Management and Budget
OMB
Carter
Bert Lance
Tim
Welcome Home Bert Lance Leaves Calhoun in Shock
Calhoun, Georgia, community reacts as President Carter announces Bert Lance resigns as director of the Office of Management and Budget. Locals recall Lance as a personable “good old boy” who revitalized Calhoun First National Bank, growing assets from 6 million in 1958 to 56 million by 1974 while facing national scrutiny and mixed local support.
MENTIONED IN THIS ARTICLE
Bert Lance
Bert
Callie White
Custer
Georgia
Senate
Carter
Lance
Office of Management and Budget
Luther Begley
Harbin King
Gorden County
Chamber of Commerce
Calhoun First National Bank
Robert J. Dole
K-han
Watergate
Alan Cranston
D-Calif
Jimmy Carter
Hayakawa
Paul
N. McCloskay
Amenlo Park
Mark Hannaford
Long Beach
Orange County
Hannaford
Ze Hannaford
Pord
Carter aides split on Lance fallout and future impact
Lawmakers voiced mixed views on Bert Lance resignation amid the Lance affair. Senators and representatives debated political damage to the Carter administration, the probe's impact on governance, and whether Lance should have stayed or left. Reactors included Slcner and ONeill Jr. plus Eagleton and Chiles among others.
Crash Landing Kills 29 on Hungarian Jet Near Bucharest
A Russian-made Hungarian airliner from Istanbul to Budapest caught fire with one engine aflame and crashed in a sunflower field near Uraiveni, 40 miles east of Bucharest. Of 53 aboard, 29 died and 24 survived as farmers and rescuers aided witnesses in the burning wreckage. Survivor Sadik Akalan, head of an Istanbul cement factory, said the right engine failed and the craft broke apart on impact as passengers jumped to safety.
MENTIONED IN THIS ARTICLE
Bucharest
Romania
Uraiveni
Malev Hungarian Airlines
Sadik Akalan
Istanbul Cement
Otopeni
Carter pushes energy plan as Senate vote nears
President Carter personally phoned undecided senators amid a high level lobbying push to keep federal controls on natural gas prices. Energy Secretary Schlesinger canceled a House appearance to press the administration’s plan, while allies warn the margin is tight and a middle ground may be needed to pass the energy package.
MENTIONED IN THIS ARTICLE
Washington
Carter
Senate
Energy
James R. Schlesinger
House
Jennings Randolph
Dw.va
Randolph
White House
Texas
Poileisa
Sons
James
Pearson
R-Kans
Lloyd Bentsen
D-Texas
Congressional Budget Office
Administration
Bes
Altics
Baby boy found abandoned in alley reunited with mom
A Kentucky woman, Cathy Gibson, 23, reunited with her infant son Shawn Michael who was found abandoned in a Hammond Indiana alley a day after he disappeared from their home. Police say a male friend had left the baby with a sitter who is under investigation. The grandmother identified the child from a TV image.
MENTIONED IN THIS ARTICLE
Hammond
Kentucky
Cathy Gibson
Crittenden
Shawn Michael
Hammond Alley
Vincennes
Ind
Also Mentioned on This Page
Leif
LaBelle
Senate Governmental Affairs Committee
Justice Department
Securities and Exchange Commission
Federal Election Commission
Internal Revenue Service
First National Bank of
Calhoun
National Bank of Georgia
Senate Committee
Lanze
Welcome
OME
Jack Mullins
Aind
Tance
Mullins
Trecl
the Hoy
Bob Maddox
Jay
Lance Finances
Robert J. Slcner
Illnois
Clouse
Fromas P. O'Neill Jr
D-Mass
Sen
Charles Percy
John B. Anderson
House Republican Conference
Department of Justice
Anderson
Som
Office of Management
Begret
Thomas F. Eagleton
Dmo
Percy
Lawton Chiles
D-Pla
Investige
Sam Nunn
D-Ga
James Allen
D-Aid
Henry Reuss
D-Wis
House Banking Committee
Lance Bo
Fernand J
Germain
D-R
Congress
Istanbul
Akalan
Gibson
Eagleson
Himalaya
Sun
Ee Store
Tararce
Amos
American Express
Cius
Eas’ Ca
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