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...center of the congressional investigations is the $1.6 billion Superfund program, created by Congress three years ago to clean up the nation's most dangerous toxic-waste dumps. On Friday, House leaders were given a new EPA audit showing that the agency cannot account for $53.6 million, almost one-third of the 1982 appropriation for the Superfund. "At best, EPA officials have been sloppy and incompetent," said Democratic Representative James Scheuer...

Author: /time Magazine | Title: Extra! Extra! Shredder Update | 2/28/1983 | See Source »

When U.A.B. announced in January that its 1982 losses were only $2.3 million, FDIC officials demanded that the bank issue a new report showing higher losses; U.A.B. 's board refused. Last week Adams determined from his own audit that the bank was in solvent. On its last day of business, between $17 million and $25 million in deposits were withdrawn in a run on the U.A.B. (The other 28 banks controlled by the brothers were judged to be solvent. Nevertheless, worried customers have with drawn several million dollars from C.H.'s Southern Industrial Banking Corp...

Author: /time Magazine | Title: Tapped Out | 2/28/1983 | See Source »

...fellowship and notified Medical School Dean Daniel Tosteson. But Braunwald accepted Darsee's plea that this was his sole offense. Unwilling to destroy the career of what he called "an apparently brilliant researcher," Braunwald did not inform NIH officials. Instead, he and Kloner conducted their own audit of Darsee's work and supervised him closely during the next few months. They uncovered no evidence of further misconduct...

Author: /time Magazine | Title: Medicine: Fraud in a Harvard Lab | 2/28/1983 | See Source »

...leaders also announced at a meeting of mission holders in San Francisco last October that the technology center would audit the financial records of each mission, charging $15,000 a day for the procedure, and that all franchise holders would be put on the cans for a security check. As discipline tightened, even Hubbard's daughter Diana, 25, was ordered to pull weeds in 120° heat at a rehabilitation project in the California desert...

Author: /time Magazine | Title: Religion: Mystery of the Vanished Ruler | 1/31/1983 | See Source »

Another federal criminal investigation, this one by HUD, was reported by the New York Times to be delving into Boston's management of money received from Washington to rejuvenate deteriorating neighborhoods. A highly critical audit released by HUD this month claimed that the city had run up "excessive, unreasonable and improper costs" in a block-grant program, while failing to accomplish the intended goals...

Author: /time Magazine | Title: A Birthday-Party Hangover | 1/3/1983 | See Source »

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