Word: casey
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...Casey survives the furor, but suspicion and intrigue linger...
...unanimous judgment of the committee that no basis has been found for concluding that Mr. Casey is unfit to serve as director of Central Intelligence...
Stevens declared that Casey should leave "for the good of the agency." He was joined by Delaware Republican William Roth, who said that the controversy makes it "impossible for Mr. Casey to effectively discharge his duties." More significant, Senate Majority Leader Howard Baker expressed full confidence in Goldwater and added: "I will back up Goldwater in whatever he decides...
...York's Daniel Patrick Moynihan, a committee Democrat, was angry at the failure of White House aides and Attorney General William French Smith to return telephone calls requesting records of Casey's business. Vowed Moynihan: "If they are going to cover up, they are going to lose themselves a director of the CIA." Both the Justice Department and the White House hastily promised to furnish the records...
...week's end a new allegation was raised against Casey. Carl G. Paffendorf, president of COAP Systems Inc., a computerized financial planning company, said that Casey had lent the company $100,000 in 1971-72 when Casey was chairman of the Securities and Exchange Commission. In return, claimed Paffendorf, he had given Casey a $10,000 interest in another computer firm, Penverter Partners. Casey had failed to report this gift in financial statements required for his Senate confirmation to head the CIA. An agency spokesman said Casey had paid "a nominal consideration" for the Penverter interest...