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Nothing in the indictment refers to Lance's most celebrated loans: almost $7 million to the Carter family peanut business. Questions about those loans arose in previous investigations of Lance's finances by the Comptroller of the Currency and the SEC. A special counsel, Paul Curran, was appointed in March to conduct an independent investigation of the Carter family business loans and whether or not that money was improperly used in the Carter campaign...

Author: /time Magazine | Title: Nation: Carter: A Friend Is in Need | 6/4/1979 | See Source »

Although Carter himself is an affluent entrepreneur (his peanut business gave him a personal net worth of $800,000 in 1977), he is uneasy with big corporate executives. He rarely meets with them, and when he does, the mood is often strained. "The President," explains one Cabinet officer, "doesn't like anything big. He is not comfortable with Big Labor, Big Business or the Big Press...

Author: /time Magazine | Title: Business: Carter vs. Corporations | 5/28/1979 | See Source »

Sound the trumpets, beat the drums in honor of and with profound gratitude to that peanut farmer [March 19] from Plains, who has accomplished, by his own initiative, what no other American President...

Author: /time Magazine | Title: Letters, Apr. 9, 1979 | 4/9/1979 | See Source »

...investigation of possible violations of the banking laws by Lance. Now 18 months old, this probe reportedly is ready to produce indictments against the man that Carter made director of the Office of Management and Budget. However, Curran will be able to investigate Lance's role in the peanut loans...

Author: /time Magazine | Title: Nation: I Have a Job to Do | 4/2/1979 | See Source »

...Jimmy Carter, a political product of our search for honor, has allowed these old shadows of doubt to flicker again is incomprehensible. But last week the stories of the Carter peanut-warehouse loan and the appointment of a "special counsel" to investigate generated new concerns about truth...

Author: /time Magazine | Title: THE PRESIDENCY by HUGH SIDEY: The Truth Must Out | 4/2/1979 | See Source »

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