Word: geneen
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
UTTERING THESE WORDS five years ago last Sunday, ITT board chairman Harold S. Geneen began his testimony before the Senate Subcommittee on Multinational Corporations during the last day of hearings on the multinational's activities in Chile in 1970-71. As the 29th and final witness to appear before the five-member subcommittee, Geneen's testimony epitomized the line of defense used by the cor-poration to fend off accusations of wrongdoing and illegal interference with the orderly electora' process of what was then the leading democracy in Latin America. According to the gospel of Geneen...
...ONGOING PROBE of possible perjury committed by two International Telephone and Telegraph Company (ITT) executives--chief executive Harold S. Geneen and senior vice president Edward J. Gerrity--still awaits action by Justice, and a complete account by Helms as government witness rather than defendant might yet salvage a bit of legitimacy for the leniency recently shown him. Given the suspended sentence meted out to Helms and his retention of pension rights despite his no contest plea, such cooperation with the government would furnish some limited evidence that Helms indeed recognizes the gravity of his misdeeds. Otherwise, the nation will...
That relationship has been on the minds of the people at the Justice Department for some time now. A federal grand jury last summer recommended multiple-count perjury indictments against Helms, ITT chief executive Harold S. Geneen and ITT senior vice president Edward J. Gerrity for allegedly lying to two Senate committees in 1973 about an ITT-CIA conspiracy to bribe members of the Chilean Congress to withhold confirmation of Allende's victory in the September, 1970 popular presidential election. The grand off-again investigation of possible perjury charges against Helms and the two ITT executives that spanned some four...
Helms's ultimate fate in the investigation has also eclipsed the involvement of Geneen and Gerrity in the press during the past few weeks. A Rowland Evans and Robert Novak column in late August urged President Carter to order the Justice Department to drop its case against Helms, never once mentioning the ITT angle or the details of how the multinational funnelled $350,000 to Allende's opponents in 1970 with the advice and assistance of the CIA. The Evans and Novak apologia drew rebuttals from columnists Anthony Lewis of the New York Times and Mary McGrory of the Washington...
...Helms-ITT investigation, the mere fact of the probe has adversely affected the involved principals. Helms resigned as ambassador to Iran last November upon being formally notified that he had become a major target in the investigation. And ITT headquarters in New York announced in May that Geneen would officer at the end of this year, thus ending Geneen's 18-year autocratic rule of the corporation, whose phenomenal expansion during the 1960s he personally planned and closely supervised...