Word: ashland
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Dates: during 1970-1979
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Douglas Burkhardt Ashland...
...Cliffe sought to reverse its ways yesterday in Ashland, of all places, but it was Northeastern which found the atmosphere conducive to winning, as the Huskies walked away with an easy 6-1 triumph...
...part of the recent disclosures about corporate bribes and political contribution abroad by several major U.S. corporations--Northrop, Gulf, Ashland Oil--the Securities and Exchange Commission revealed this summer that Lockheed has paid $202 million in agent's commissions since 1970, of which at least $22 million was destined for contributions to foreign political parties and bribes to officials of other governments...
Assets Diverted. Before the meeting, however, Ashland signed a consent decree admitting to no guilt but promising, in effect, not to make illegal political donations in the future. It also bared many secrets. In June the company submitted a 539-page report, prepared by a special committee of the board, containing exhaustive information on how Ashland executives had managed to divert corporate assets into an $800,000 U.S. political slush fund that was kept hidden in a safe. The report also indicated that from 1967 to 1972 a CIA operative was on Ashland's payroll, and that...
...totally satisfied. Hoping to set a precedent for other corporations that have refused to disclose who got political payments, the agency further insisted that Ashland publicly reveal the recipients of all the payments made between 1967 and 1973, when its illegal contributions first came to light. Reluctantly, Ashland earlier this month made public through the SEC a list of domestic and foreign payments totaling $1.2 million. Democrats received the largest cut in the U.S., but some big Republican names were included. Among the larger payments...