Word: murchison
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Dates: during 1960-1969
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...with intellectuals and scholars attending the Aspen Institute of Humanistic Studies, and this year will draw music lovers for a festival and a conference on contemporary music, featuring lectures by distinguished composers. Vail is a bustling new ski resort built to look like an Alpine village. Texas Financier John Murchison has built a home there, IBM Chairman Thomas Watson owns an apartment, and the resort is luring summer visitors with its gourmet restaurants, heated pools, and facilities for riding, hiking and fishing, and a jumping discotheque for the younger crowd...
...Baker received money from meat import-export transactions, and "wasn't this part of a device whereby the Murchison interests could reimburse you for past and future legislative favors granted...
Thomas Webb, a Washington representative for the Murchison family of Texas, told the committee that in 1961 Baker was responsible for finding a buyer for meat for the Murchison-bankrolled Haitian-American Meat & Provisions Co. (Hampco) of Port-au-Prince. For this, Webb said, Baker earned a ¼?-a-lb. "finder's fee." Later, when a Chicago firm, Packers Provision Co., bought Hampco's output, Baker began receiving a ⅛-a-lb. commission, though he had no part in getting Packers and Hampco together. Packers President William Kentor has said that Hampco "insisted" Baker be paid. Besides getting...
...with his title." It would be good for Magic, he added, to have "well-known stockholders," and Baker "knew a lot of people." Baker certainly did, and he touted many of them, including Robert F. Thompson, executive vice president of Tecon Corp., a Dallas construction firm headed by Clint Murchison Jr. When Thompson borrowed $110,000 from Dallas' First National to buy Magic stock and offered to cut Baker in fifty-fifty on profits or losses under a "gentleman's agreement," Baker cleared a cool $21,000 profit without investing a penny...
...Texas Way. Baker kept right on buying Magic stock-with borrowed money. One who helped him was Robert F. Thompson, executive vice president of Tecon Corp., a Dallas construction firm headed by Wheeler Dealer Clint Murchison Jr. Tecon performs nearly $90 million worth of work a year for the Army Corps of Engineers. Thompson testified that he first met Baker in 1957. Where? "I thought," replied Thompson, "that it was in the office of Lyndon Johnson...