Word: mallick
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Dates: during 1980-1989
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...reason to believe" that House rules were violated, the congressional equivalent of an indictment, the ethics committee must now judge whether there is "clear and convincing evidence" of the violations. In a couple of cases, the situation remains murky. One question, for example, is whether Fort Worth businessman George Mallick, who showered gifts on Wright and his wife, had a "direct interest" in legislation. If he did not, then Wright's acceptance of the gifts was no violation of House rules...
...most serious allegation against Wright, that he accepted some $145,000 in gifts over a 10-year period from George Mallick, a Fort Worth developer, also had the narrowest margin of support on the Ethics Committee...
...panel agreed with its counsel, Chicago attorney Richard J. Phelan, that Mallick's major interests in real estate and oil and gas ventures and in redevelopment of Fort Worth's historic stockyards district gave him a direct interest in legislation on taxation and on certain appropriations bills. His financing arrangements with savings and loan institutions also gave him an interest in legislation involving the Savings and Loan industry, the committee found...
Other matters before the committee were more clear cut. The panel voted unanimously that there was reason to believe Wright failed to report as gifts the use of a car and Fort Worth condominium he and his wife received from Mallick. Committee members voted 10-2 that Mrs Wright's $18,000-a-year salary from a Mallick-Wright company should also be characterized as a gift, saying she did little or nothing to earn the money...
...Mallick, who has known the Speaker for some 30 years, hired Wright's wife Betty in 1979 as an adviser. The job description was hazy, but the salary was $18,000 a year. Perks included a rent-free apartment and a Cadillac. In 1981, for the same salary and benefits, Betty Wright went to work for Mallightco, an investment company that the Wrights had formed with Mallick and his wife. Betty Wright also borrowed $75,000 from Mallightco. After she stopped working for the company in 1984, the Wrights paid $21.67 per diem for the apartment when they used...