Word: scandalizes
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Dates: during 1990-1999
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Putting a Scandal In Perspective...
Twenty years later, much about the exhaustively investigated Watergate affair remains a mystery. In a two-hour cbs documentary, WATERGATE: THE SECRET STORY, to be aired this Wednesday, Mike Wallace puts the scandal in perspective and elicits new facts from participants. Howard Hunt says a goal was to uncover illegal foreign funds going to the Democrats. Wallace reveals a memo from Nixon speechwriter Pat Buchanan urging use of "a sharp stick" to destroy Democrat Edmund Muskie, and Donald Segretti describes the "dirty tricks" used to accomplish that goal. Bob Woodward adds a few tiny details about "Deep Throat...
MOVE OVER, MICHAEL MILKEN AND IVAN BOESKY. Federal investigators have cracked open another huge insider-trading scandal, and this time they have implicated some of the most prominent names in America's social register. The Securities and Exchange Commission accuses seven corporate leaders of raking in at least $13 million in illegal profits from stock trading based on inside information...
CONRAD: I think the media also bear substantial responsibility for the frustrations people feel about government. Reporters are chasing every rabbit of scandal, and it's not healthy. Journalists have gone from a healthy skepticism to a destructive cynicism. The House bank story has got far more attention that it deserved. Meantime, virtually no attention is being paid to the $400 billion worth of hot checks being written by the Federal Government. I think the media fail to deal with substance in favor of any minor scandal that comes along...
...prominent figure in the Bank of Commerce and Credit International scandal is discovered to be a major contributor to the Harvard Business School and to have recently pledged to give upwards of $1 million. Gaith R. Pharao, a Saudi financier accused of fronting for BCCI's American bank acquisition, is later fined $37 million by the Federal Reserve...