Opinion on SEC finding fraud by Beame and NYC banks
A Treasury style opinion argues the SEC charged Mayor Beame City Comptroller Harrison J. Goldin and five top New York banks with fraud over 1974 city securities. It calls for stronger criminal controls on municipal obligations and urges Javits to read the SEC report to assign accountability.
MENTIONED IN THIS ARTICLE
U.S. Securities and Exchange Commission
Abraham Beame
Harrison J. Goldin
New York City
City Securities
SEC
Justice Department
Gerate
New York
Carnegie Hall
Beame
Jacob Javits
Sen. Javits
Wage gaps cited between union and right to work states
The Santa Ana Register reports a Chicago bank economist Alan Reynolds study showing higher real buying power in Arkansas and Alabama where unionism is not compulsory compared to New York and Massachusetts. It cites unemployment and manufacturing job gains differing between states with and without right to work laws.
MENTIONED IN THIS ARTICLE
Chicago Bank
Alan Reynolds
Reynolds
New York
Massaes
Arkansas
Alaama
Department of Labor
Santa Ana
Calif
Oilmen Fight Alcohol Fuel Concept Threat to Profits
Washington reports experts believe alcohol fuels could cut imports and boost domestic production, prompting industry pushback. GM and VW studies support efficiency and lower pollution but federal officials and agriculture agencies show limited action amid oil industry influence and political bargaining.
MENTIONED IN THIS ARTICLE
Washington
Hiltons
General Motors
Josep Colucci
Europe
Chrysler Motors
New Zealand
Saudi Arabia
Volkswagen
Exxon
Jimmy Carter
National Energy Program
Ben Rosenthal
D-N
Federal Energy Administraon and
Energy Research and Development Act
Nebraska
Carter faces vacuum after Lance departure in economic policy
The text notes Bert Lance's likely exit will remove a steady economic influence from the Carter administration. It discusses the impact on Arthur Burns and currency policy, Blumenthal's friction with the White House, and the risk to investor confidence as internal conflicts threaten a coherent 1978 economic plan.
MENTIONED IN THIS ARTICLE
Washington
Bert Lance
Carter
Lance
Jimmy Carter
Arthur Burns
Burns
Federal Reserve
White House
Fed
Michael Blumenthal
the Treasury
Bendix
Blumenthal
Eizenstat
Washington focus Who’s to blame Lance or Carter
In a sharp critique the piece questions President Carter’s knowledge of Bert Lance’s dubious banking past and argues that a lack of scrutiny undermines trust in the administration. It cites prior cronyism from Harding to Agnew and Eagleton as warning signs while urging firmer vetting for top appointments. It also notes public support data for the Canal Treaty and assesses welfare reform prospects, forecasting likely congressional votes.
MENTIONED IN THIS ARTICLE
Lance
Carter
Bert Lance
Jimmy Carter
Harding
Truman
Spiro Agnew
Richard Nixon
Agnew
Thomas Eagleton
D-Mo
George McGovern
Carter memo warns Seoul fall if U S troops pullout
A White House PRM analysis argues that removing U S forces from South Korea could allow a North Korean capture of Seoul despite U S air and naval support. It contrasts public assurances with private assessments, warning Seoul may fall under initial North Korean assault without automatic U S intervention and highlighting strategic flexibility after troop withdrawals.
MENTIONED IN THIS ARTICLE
U.S
South Korea
Seoul
PRM-16
Korea
UJ. S
U. S
ROK
Republic of Korea
North Korea
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