Word: caseys
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...most delicate appointments a President makes: whom to trust with the sensitive task of directing the Central Intelligence Agency. Last week President Reagan's selection of William J. Casey, his former campaign manager, to head the CIA came under increasingly serious assault from Republicans on Capitol Hill. After sounding out the Senate Select Committee on Intelligence, which oversees the agency, Assistant Majority Leader Ted Stevens of Alaska said that a bipartisan committee majority wants Casey to quit...
...issue is Casey's poor judgment in appointing a political crony, Max Hugel, to head the CIA'S clandestine operations. A New Hampshire entrepreneur with no relevant background in intelligence work, Hugel quit under fire two weeks ago when two former Business associates accused him of illegal stock manipulations before he joined the agency. The committee is also probing Casey's own business past, including findings by two courts that he and other directors of Multiponics, a New Orleans agribusiness firm, had deceived investors and operated the company to protect their own financial interests instead of those...
...weeks, the Intelligence Committee's chairman, Arizona's Barry Goldwater, had privately told colleagues that "Casey must go," while publicly denying any intention to force him out. But last week Goldwater startled other committee members by holding a press conference at which he contended that Casey's selection of Hugel had been "a sufficient mistake for Mr. Casey to consider withdrawing himself or having the President do so." The CIA chiefs poor judgment in choosing Hugel, said Goldwater, was "dangerous...
...attention to Casey's past comes just as he was earning grudging praise from CIA hands for getting the agency more funds despite the Reagan budget cuts. He also seemed to be leading the CIA away from the distraction of recurring headlines and back to doing its job quietly and better. But with a congressional investigation looming, the nation's shrouded intelligence agency was once again all too visible...
Multiponics went bankrupt in 1971, and Casey lost most of his investment. Reviewing an attempt by Casey and other directors to reorganize the bankrupt company a year later, District Judge Herbert Christenberry in New Orleans also had concluded that they had driven the corporation "deeper and deeper into debt" by managing in a "pattern of self-interest." A puzzling irony in Casey's involvement in the lawsuit is that it involved questionable dealings in sales of stock-and he was considered such an expert on these matters that he was made director of the Securities and Exchange Commission...