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...million. In December 1970, he sold all but 5.9 acres for $1,249,000 to an investment company that had been set up by his close friends, Robert Abplanalp and Charles G. ("Bebe") Rebozo. Some presidential advisers thought that there had been a capital gain, as Coopers & Lybrand also later found. But Nixon followed the advice of his tax accountant, Arthur Blech, who made some arbitrary valuations of the remaining property and concluded that Nixon had sold the land for as much as he paid for it?thus no profit. The committee staff, however, determined that the land was worth...

Author: /time Magazine | Title: TAXATION: Many Unhappy Returns | 4/15/1974 | See Source »

...committee's hearings with Howard Hughes and Charles "Bebe" Rebozo, which were to be held in February, have been postponed, Dash said, until the jury for the forthcoming trial of former Secretary of Commerce Maurice Stans and former Atty. Gen. John Mitchell has been selected and sequestered...

Author: By Mary R. Rodeheffer, | Title: Dash Defends Senate's Inquiry Power | 2/9/1974 | See Source »

Martha Mitchell is being courted assiduously by New York publishers. Her autobiography, written with Journalist Winzola McLendon, will include such tidbits as the fact that Martha as a young girl knew Bebe Rebozo long before President Nixon did. An editor at Doubleday, a serious bidder for the book, described Martha enthusiastically: "Here was this woman, dismissed as a crazy blonde with good legs by those burly Nixon locker-room boys, and by God, she was telling the truth!" Meanwhile, former Vice President Spiro Agnew was encountering resistance in the literary world. Random House turned down his prospective novel: a whodunit...

Author: /time Magazine | Title: People, Feb. 4, 1974 | 2/4/1974 | See Source »

...William Galley. After nearly three years of digging into Miami operations of the Federal Housing Authority, Herald reporters tracked down the existence of an alleged political slush fund for Florida Senator Edward J. Gurney. Although the paper backed Nixon in 1972, it has kept reporters busy looking into Bebe Rebozo's Florida finances...

Author: /time Magazine | Title: The Press: The Ten Best American Dailies | 1/21/1974 | See Source »

...also publishes the Los Angeles Times, Newsday takes an independent political line. But in recent years it has been no friend to the Republicans. A 1971 series by the paper's investigative team (whose trophy room contains 17 top awards, including three Pulitzers) concluded that some of Bebe Rebozo's financial "deals" had "tarnished the presidency." Perhaps as a result, White House Correspondent Martin Schram was excluded from the President's China trip, and Publisher William Attwood, Editor David Laventhol and Robert Greene, who led the investigation, were all treated to IRS audits of their tax returns...

Author: /time Magazine | Title: The Press: The Ten Best American Dailies | 1/21/1974 | See Source »

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