Word: fundings
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Dates: during 1970-1979
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Jordan was indeed in Beverly Hills that month, along with Carter Advisers Patrick Caddell and Timothy Kraft and Jordan's friend, John Golden. The occasion was a Democratic fund-raising dinner on Oct. 22 at the swank Century Plaza Hotel. The black-tie affair, which was billed as a "Salute to the President," raised $700,000 for the Democratic Party. Guests included Governor Jerry Brown and other West Coast Democrats...
According to witnesses questioned by the FBI, cocaine was available at parties the night before and the evening after the fund raiser. TIME has learned that among the witnesses is Lana Rawls, ex-wife of Soul Singer Lou Rawls. She told the FBI that on Oct. 21, Jordan, Caddell, Kraft, Golden and several others dined at Sergio's Restaurant, a Beverly Hills supper club that has since closed. After dinner, according to Lana Rawls, they returned to the Century Plaza, where cocaine was made available to them. Her attorneys have told the Government that, if granted immunity from prosecution...
...told agents that after the fund raiser. Industrialist Leopold Wyler received guests at his home, where cocaine was used by what she described as "the White House people." Wyler, founder of TRE Corp., a Beverly Hills aerospace firm, was Carter's finance chairman in the 1976 California primary campaign, but has since joined a dump-Carter movement. Wyler said he had suspected that coke was used at his party, but insists that he "was very displeased with what seemed to be going on." He said he did not see Jordan or any of the other Carter associates using...
...Reagan staff still appears to be quite strong. Campaign Manager John Sears is building a national organization and concentrating on those "first wave" states that will hold primaries or caucuses before April 1. The goal of Finance Director Michael Deaver is to raise a $12 million campaign fund by June...
Changing demographics, and high inflation, spell trouble for the funds A pension bomb threatens the U.S. economy. Its fuse may now seem comfortably long, but it is indisputably burning. The toughest issue in the negotiations for a new contract between General Motors and the auto workers was not demands for more pay for the U.A.W.'s 460,000 workers on GM's pay roll, but for increased benefits for its fast-growing legion of retired employees. A big reason why policymakers in Washington are agonizing heavily over Chrysler's petition for federal help is the stark fact...