Word: conducting
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Dates: during 1970-1979
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...long-scheduled appearance at the Southern Governors Conference in San Antonio last week, it was inevitable that someone would ask him the question: Was he going to resign as director of the Office of Management and Budget? With the aw-shucks, bear-like amiability that has characterized his conduct throughout the exhaustive inquiries into his tangled financial dealings, the beleaguered Bert merely grinned and replied, "I've given no thought to that. I'm there to do a job." Then he flew off to his vacation home on Sea Island, Ga., for the long Labor Day weekend...
Certainly, Carter's handling of the Lance affair is of far greater importance to the nation than Lance's future. When Comptroller of the Currency John Heimann concluded his inquiry into Lance's conduct as a Georgia banker with the verdict that Bert had done nothing that warranted prosecution, Carter pounced on the report as if it were a clean bill of health. It was not, yet the President made a point of whipping down from Camp David aboard a helicopter and proclaiming before a nationwide TV audience, "Bert, I'm proud...
...Financial Institutions will also begin hearings this week into banking problems involved in the Lance affair. Among them: insider lending practices, correspondent relationships between banks, the buying of bank stock on credit and the general effectiveness of the comptroller's office in regulating banks. Though Lance's conduct will not be at issue, the hearings will focus on the practices he engaged in as a banker. Yet another congressional investigation-by Senator William Proxmire's Banking Committee-is scheduled to get under way by the end of the month. Proxmire was the only Senator to vote against...
...another in expectation of picking up new business in return. As Lance put it at his press conference, "You do your business with people who know you." While not illegal, however, Lance's pattern of shifting loans and correspondent relationships plainly troubled the comptroller. His office will conduct a further study as to whether banking regulations need to be tightened or clarified...
...Soviet-built Belarus tractors to American farmers. This may not be much when measured as a percentage of the total U.S. tractor market (1976 sales: 153,000 units), but it was enough to convince the Soviet state corporation Traktoroexport that it was time to cut out the middleman and conduct all the business on U.S. tractors itself. So in March the Soviets put up an estimated $5 million to buy out Satra's distribution rights, after incorporating Belarus Machinery Inc. as an American company -one of only two operating in the U.S. as wholly owned subsidiaries of the Soviet...