Word: itt
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...trustees favored resolutins that would require ITT Corporation, Mobil Oil Corporation and Eastman Kodak Company to disclose all contributions made to political candidates...
...General Reinsurance 81,162 $33,032,934 3. Eastman Kodak 245,564 $32,567,925 4. Texaco 837,139 $27,207,017 5. General Motors 269,257 $20,160,617 6. Exxon 266,956 $19,788,113 7. Ford $18,770,563 8. ITT 322,607 $16,815,889 9. Gulf Oil 686,797 $16,740,676 10. General Electric 225,253 $14,810,384 *as of June...
...either private companies or the U.S. Government to intervene in a free election is, as Church said, "very improper." Beyond the question of propriety, the troubling aspect of the ITT affair is that it will fan suspicions in foreign countries that multinational corporations commonly use their financial powers to influence foreign political affairs directly. To date, there is little public evidence that other companies have in recent years tried to meddle as ITT sought...
...hearings that corporations have an obligation to protect their assets and the interests of their shareholders. But, he said, such protection must not improperly involve the corporation in the internal affairs of the host country or contradict U.S. foreign policy. In Chile, most of the U.S. corporations-except ITT-have followed that standard, even at a loss. Ford, for instance, simply pulled out of Chile, wrote off a $16 million loss and settled for a $900,000 payment from the federally financed Overseas Private Investment Corp. (OPIC), which insures multinational corporations against expropriation. ITT now stands to lose whatever compensation...
Just as the Watergate and ITT scandals have marred the Administration's credibility, the furor over the future of public TV has raised several perplexing questions. Are the CPB directives a concerted effort by the Administration to manipulate public affairs broadcasting to its own norms? Is there a master plan or are there several individuals who are separately attempting to extrapolate policy...