Word: kefauveritis
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General Electric's corporate defense in the great electrical conspiracy is that the top executives were totally unaware of the shenanigans; the conspiring was done by middle-rank underlings. But last week, as the Senate Antitrust and Monopoly subcommittee, headed by Tennessee Democrat Estes Kefauver, continued its probe into...
When Kefauver invited Vinson to testify last week, Vinson refused. So Kefauver subpoenaed him.
Kefauver pointed out that Vinson's four accusers had each taken lie-detector tests, which had shown that they were "not falsifying." Would Vinson take one?
Originally, Vinson had been named in the price-fixing indictment, largely on the testimony about the luncheon. But Vinson produced evidence, composed of luncheon checks, notes of appointments with other G.E. officials and outside business meetings to support his contention that he had not been in Philadelphia during the period...
Tennessee's Democratic Senator Estes Kefauver, the subcommittee's chairman and a man of good political instincts, was out after bigger game than those already convicted. Last week's witnesses presumably included some men who had already given secret evidence about price fixing to the Government under...