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Most good ole Southern boys, in times of trouble and turmoil, strive to affect an air of bold insouciance. Few can match the macho mood of Bert Lance. Since his forced resignation as budget boss last September, Lance has continued to have the ear of his friend Jimmy Carter, and he is not shy in flaunting his special status to prospective business partners. He has trotted around the world flourishing Diplomatic Passport X-000065, which allowed him to bypass customs and which the White House intervened to keep for him. Earlier in March an organization called Friendship Force, founded...

Author: /time Magazine | Title: Business: Another Loan for Lance | 4/3/1978 | See Source »

Following that, Edwin McAmis, an attorney for Financial General, took a deposition from Lance in connection with a civil suit by other stockholders against Lance and his associates, and turned up yet another "loan" to Bert. This one is the most mysterious...

Author: /time Magazine | Title: Business: Another Loan for Lance | 4/3/1978 | See Source »

...comment on the present anxious climate in Washington about anything concerning ethics. Once upon a very recent time, Miller's nomination would have been approved with only perfunctory debate, if that. But the Senate is still smarting from justified criticism of its overly hasty confirmation of Bert Lance as Budget boss, and business has been tarred by the international bribery practiced by Lockheed and other corporations. Thus when Miller first appeared before the Senate Banking Committee in late January, the Senators took seriously Proxmire's allegation that Textron had resorted to bribery in Iran, and recessed the hearings...

Author: /time Magazine | Title: Business: New Defender of the Greenback | 3/13/1978 | See Source »

Atlanta, golden city of the "New New" South, has been showing big veins of pyrite lately. First came the fall from grace of Famous Local Banker Bert Lance. In February a group of banks headed by Manhattan's Morgan Guaranty Trust Co. announced one of the biggest foreclosures in U.S. history; it prepared to take over the Omni, a glittering Atlanta complex of offices, swank shops, hotel and ice rink, because the Omni's owners were failing to pay off $90 million in debts. And last week Richard Kattel, boy-wonder chairman of Georgia's largest bank...

Author: /time Magazine | Title: Business: Bullet-Biting Booster | 3/13/1978 | See Source »

...sending Lance on a diplomatic mission." That argument was not convincing to Frances Knight, the former chief of the Passport Office. "If I had been there, he would never have gotten it," she huffed. "I wouldn't have called the White House. I would have called Bert...

Author: /time Magazine | Title: Nation: Agent X-000065 | 3/6/1978 | See Source »

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