Word: loans
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Dates: during 1980-1989
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...November revelation that Kennedy School Dean Graham T. Allison '62 had attempted to swap a $500,000 gift in exchange for University Officer status. The K-School, with only a small pool of alumni but ever-expanding programs, badly needed the money to bolster the school's loan forgiveness program. Administrators let the demands of fundraising overshadow Harvard's ethical guidelines...
Rumors about the financial dealings of Speaker of the House Jim Wright have been accumulating for years, like interest at the troubled savings and loan associations he has been accused of helping a little too much. But the allegations took on a new seriousness two weeks ago, when the citizens' lobby Common Cause, followed several days later by 72 Republican Congressmen, asked the House ethics committee to investigate...
...Sadat on behalf of a businessman friend seeking oil rights in Egypt and similar intervention at the Interior Department to influence the award of gas leases to a company in which Wright had a $15,000 investment. Wright is said to have sought special help for a savings and loan in Texas headed by one of his largest fund raisers. A recent allegation concerns 55% book royalties (10% to 15% is standard) that Wright has received for a cut-and-paste collection of speeches and anecdotes published by Texas Friend William Carlos Moore. Over the past 13 years, Moore...
...ethical no- man's-land occupied by many members of Congress: that safe, vast expanse between a simple thanks for services performed and an envelope stuffed with cash. Congressman Newt Gingrich, who led the Republican move against the Speaker, did not include the allegations concerning the Texas savings and loan associations, perhaps because other Congressmen could be open to criticism for similar activity. Gingrich faced embarrassment, anyway, when it was revealed that he kept a $13,000 advance for a book he never wrote...
...diplomatic relations with Tehran after a hiatus of ten months, a move promised by ex-Premier Jacques Chirac's government in exchange for Iran's help in freeing the French captives. In addition, the agreement allegedly called for France to repay as much as $1 billion on an outstanding loan made by Iran. While refusing to confirm the secret details of his predecessor's deal with Tehran, Rocard declared, "France gave its word. It will be kept...