Word: paffendorf
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...week's end a new allegation was raised against Casey. Carl G. Paffendorf, president of COAP Systems Inc., a computerized financial planning company, said that Casey had lent the company $100,000 in 1971-72 when Casey was chairman of the Securities and Exchange Commission. In return, claimed Paffendorf, he had given Casey a $10,000 interest in another computer firm, Penverter Partners. Casey had failed to report this gift in financial statements required for his Senate confirmation to head the CIA. An agency spokesman said Casey had paid "a nominal consideration" for the Penverter interest...
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