Word: bert
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...OCTOBER 3 of this year the most important strategic arms agreement of the decade will expire, leaving the world's two superpowers faced with the prospect of preventing nuclear war without the help of a Strategic Arms Limitation Talks (SALT) accord. Even Big Bert Lance and his big problems look almost petty when lined up against the largest question of them all, the ultimate question of peace. Indeed, so do all the other domestic concerns that have overshadowed the complicated SALT issue since President Carter's ill-fated Moscow initiative last spring...
Collateral Bankers are undisturbed that banks granted Lance loans for little or no collateral. Said a banker in Atlanta: "Bert was known and highly regarded. Collateral is important, but reputation and character are just as important." Yet some bankers noted that Lance's lenders were concerned that his collateral-mostly shares in Atlanta's National Bank of Georgia-was insufficient. Manufacturers Hanover Trust Co., for example, which loaned Lance $2.6 million in 1975, sent him eight letters seeking verification of the collateral and once demanded that he increase it. Bankers were aghast that on one occasion Lance used...
...station of a small Georgia town, where the cracker sheriff (Victor French) must cope with a New York-trained black sergeant (Kene Holliday), a dumb racist deputy (Harvey Vernon) and a sex-crazed policewoman (Barbara Cason). There's also a politically ambitious mayor (Richard Paul) who looks like Bert Lance and, in the opening episode, an off-screen visit by the President himself. Surely Brother Billy will visit Carter Country before too long...
...typically earthy metaphors, White House Press Secretary Jody Powell last week likened the reporters trailing Bert Lance to a group of over-adrenalized bird dogs. "You feed 'em and groom 'em and exercise 'em for six months," said Powell. "And then you finally turn 'em loose and they piss all over the truck and bite roots and eat butterflies. They go crazy...
...wonder Powell is unhappy. The nation's press has delivered almost daily truckloads of damning evidence about Bert Lance's banking habits and kept the story alive long after Powell and his boss thought they had squelched it. In the press secretary's view, some of the reportorial digging around Lance has been gratuitous, overplayed and underresearched...