Word: bechtel
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...California-based Bechtel Group has confirmed that it actively sought the billion-dollar construction job, which was to have been privately financed. Bechtel sources say Wallach was involved in the deal as legal counsel for Bruce Rappaport, a Geneva-based international oilman, who was to handle the pipeline oil sales. Citing his closeness to Meese, Wallach contacted several Administration officials to see if money earmarked for Israel by Congress could be used to insure the pipeline against an Israeli attack. The project was abandoned when proposed lenders asked for guarantees of repayment even if the line was damaged...
...expected to command and control most military satellite missions and space shuttle flights, jobs that are currently performed at the Air Force Satellite Control Facility in Sunnyvale, Calif., and the Johnson Space Center in Houston. According to the Air Force, the first phase of construction (a subsidiary of Bechtel Group, Inc., alma mater of Defense Secretary Caspar Weinberger and Secretary of State George Shultz, was awarded the contract) will be finished by the end of 1985, enabling CSOC to begin taking charge of satellite missions. By the 1990s ground control for military shuttles would shift from Houston to CSOC...
...budget would also dissolve the Export-Import Bank, which helps finance foreign trade by U.S. corporations. The Administration wants the private financial community, not the taxpayer, to help companies like General Electric, Bechtel Group and Westinghouse finance their sales abroad. The ^ financial community contends that the end of ExportImport would hamper international traders who are struggling against a strong dollar, subsidized foreign competition, and a growing U.S. trade deficit...
Following a stint as Secretary of HEW, Weinberger returned to California and the private sector as special counsel to Bechtel Corp., the huge engineering firm. The allure was plain: Weinberger was soon making more than $500,000 a year. Yet friends say that he quickly began to miss both public office and his life in the East. Unlike many California conservatives, observed Nicholas Lemann in a penetrating article about Weinberger in the Atlantic, he felt no bitterness "toward the culture of the Eastern liberal Establishment. Weinberger loved that world and considered himself a part of it." The Weinbergers have since...
Fade out, Voice over: "What will happen to Bechtel? Will he fall for the evils ploy? Will the Chief be forced to carry out the diplomacy himself? Tune in next week when 'Millionaire Bruce Wayne' offers 'Stately Wayne Manor' to the chief. The chief turns his attention to this more important matter...