Word: berte
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...going to be a full-scale inquiry," says one Senator on the committee. "Once and for all, we're going to settle this issue. We're going to get to the bottom of the Lance affair." Adds an aide to Republican Senator William Roth of Delaware, "Bert's avuncular, easygoing style won't wash this time." Three particular areas of Lance's testimony from previous hearings interest the committee...
...amassed huge overdrafts. At one point in the confirmation hearings, Senator Javits asked Lance whether the overdrafts were repaid to the bank with interest. Lance responded, "Yes, sir." That may have been true of the period from mid-1974 to 1975. But the comptroller's report confirmed that Bert's and LaBelle's overdrafts from 1972 through the first five months of 1974 were repaid without interest...
...ground that he lacked administrative and economic policy experience. Now the Senator will take a hard look both at Lance's banking activities and at those of the industry as a whole. The Proxmire committee probe, while illuminating the arcane world of big banking, will also set Bert Lance's conduct into strong relief...
Jimmy Carter's warm embrace of the embattled Bert Lance is not quite comparable. No one has accused Lance of abusing his current post for personal gain. It is his past conduct as a freewheeling money man that is at issue. But the fact remains that Carter has carried his loyalty to the point where his own image is in danger of being tarnished...
...unto themselves, close-knit, playing all their cards close to the vest." At week's end, the closest card of all was still being played by Jimmy Carter, who had made no known move to resolve his most pressing personnel-and personal-problem: what to do about Friend Bert...