Word: bankes
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Dates: during 1970-1979
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...aides, that they had learned of "new allegations of illegality" against Lance. The Senators confirmed that the committee staff had interviewed convicted embezzler Billy Lee Cambell, who had claimed vaguely (and apparently never under oath) that Lance was "part of" the thefts at Georgia's Calhoun First National Bank when Lance was its president or chairman...
...letting up on Lance. It released an affidavit from Michael Patriarca, a low-level attorney on the staff of the Comptroller of the Currency, which belatedly contradicted assertions by Lance that he lad never asked anyone in the Comptroller's office to lift sanctions against the Calhoun bank so his record would be cleaner as he faced confirmation hearings. Patriarca claimed that last Nov. 22 Lance had asked Donald Tarleton, the Atlanta regional director for the Comptroller, to do just that. (Tarleton had also denied any such overture by Lance.) Clearly, the assault on Lance would continue...
...fact, federal bank examiners and Comptroller of the Currency John Heimann had found that Lance had violated civil statutes banning loans of more than $5,000 from a bank to any executive of that bank, and in failing to file reports to his two banks' directors on his many loans and his outside business interests. Heimann had concluded only that prosecution was not warranted. The Justice Department, the IRS and the Federal Election Commission, moreover, are investigating Lance's frequent use of a National Bank of Georgia airplane for apparently personal and political purposes...
...help pay his tab, Lance has investment income. In 1976 he collected $275,000 from his investments, including dividends from 190,000 shares of the National Bank of Georgia. But this income has been reduced because the troubled bank in August stopped paying its dividend of 80? per year. In addition to the dividends last year, Lance made $150,000 from NBG, including salary and severance pay when he left to become Carter's Budget Director. Of course, his Government salary of $57,500 now will stop...
...time when President Carter's emphasis on human rights and his pressure on the Israeli government to soften its line vis-a-vis the Palestinians has focused greater attention than ever before on specifics of the Israeli-Palestinian conflict. The issue of Israeli settlements on the West Bank, allegations of torture raised against the Israeli military authorities by Palestinians and Red Cross workers, and louder murmurs of distrust among Third World states due to Israel's friendship with South Africa, are all facets of this new attention...