Word: geneen
(lookup in dictionary)
(lookup stats)
Dates: all
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...
...real significance of the ITT case boils down to the old and increasingly familiar story of the one that got away. Today, Harold Geneen can go about the business of overseeing the globe-spanning empire of ITT that he so carefully built during the last 19 years without a single official cloud of suspicion hovering over him. Bell and the federal attorneys in charge of the ITT probe tersely informed the Washington press corps that Monday afternoon that no criminal charges would be lodged against the board chairman. Despite the many similarities between the testimony of Geneen and his accused...
WHILE THE JUSTICE DEPARTMENT predictably declined to explain its decision to let off Geneen, some experts familiar with the ITT case and its operations in Chile questioned the last-minute resolution of the investigation. "It's clear that although Geneen didn't tell the subcommittee what happened, and that he probably lied outright, I would say that he was a lot more careful about his testimony than either Gerrity or Berrellez," Jack Blum, the associate counsel to the Senate multinationals subcommittee in 1973, said in a telephone interview Monday. Presently running a private practice in Washington, Blum extensively participated...
...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...
...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...