Word: itt
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Dates: during 1970-1979
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...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...
...provides no reassurance about what might happen if the left actually does win control of the government. The Socialist-Communist "common program," signed in 1972, calls for nationalization of all private banks and nine large, privately owned companies. Two of these are subsidiaries of U.S.-headquartered multinationals-Honeywell and ITT...
Construction on the ITT began in June 1976 and was completed on schedule, this September
...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 Star, who again...
...regardless of what the Justice Department finally decides to do on the 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...