Word: andersen
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Guam's Andersen Air Force Base was the chief jumping-off point for U.S. bombers during the days between the sudden U.S. resumption of the bombing and its equally sudden cessation last week. When TIME Correspondent Herman Nickel visited the huge B-52 fleet there last April, the mood was mild and the pilots easygoing. Last week Nickel found a far grimmer spirit-at least until the bombing runs over the North were halted once again. His report...
...federal grand jury indictment. Moreover, as part of its increasing willingness to hold professionals responsible for the misdeeds of their clients, the Government also indicted five members of the company's accounting firm and its financial underwriter. The full group included two partners in Chicago's Arthur Andersen & Co., one of the "Big Eight" accounting firms; Glenn R. Miller, who until his sudden departure less than a week earlier had been the No. 3 man at Walston & Co., a large Wall Street broker and underwriter with 105 branch offices nationwide; and Jack L. Clark, the Oklahoma City builder...
...well that Four Seasons was worth nowhere near as much as they publicly claimed, these insiders sold off large chunks of their holdings through numbered accounts at Walston. Clark alone was accused of pocketing more than $9,000,000, most of which is believed to be stashed in Europe. Andersen officials promised to "vigorously" defend their employees in the case; Clark and Miller were not talking at all. Having allegedly rigged a grand numbers game with Four Seasons, the eight had some new figuring to do: if convicted, all face variable prison terms, as well as fines on the indictment...
MUSIC HALL. New Riders, with Eric Andersen. Dec. 5, 8 p.m. $3.50:5.50 Sly and the Family Stone...
Died. Lale Andersen, 59, German cabaret singer whose sultry recording of Lilli Marlene was a radio favorite on both sides of the battle lines during World War II, and who recently published her memoirs. The Sky Has Many Colours (TIME, Sept. 4); of a heart attack; in Vienna...