Word: scandalizing
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Dates: during 1990-1999
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Baker, during the Bush presidency, has carefully managed to avoid blame for his mishandlings of situations. This is nothing new for him. He was the only major Reagan administration official not to be tied to the Iran-Contra scandal. Few people seem to recall that he was secretary of the treasury during the time in which the savings and loan problems mushroomed. And he presided over the precipitous fall of the dollar that culminated in the 1987 stock market crash...
...BEEN BUSY LATELY TIDYING UP his presidency for the history books. But his decision to grant pardons to six Iran-contra defendants may have the opposite effect. If anything, Bush's Christmas Eve gift is likely to make historians more curious than ever about his own role in the scandal -- especially in view of independent counsel Lawrence Walsh's charge that the President has withheld "highly relevant" Iran-contra notes...
...York prosecutor Robert Morgenthau has shown the way in his pursuit of the BCCI bank scandal and ultimate Washington insider Clark Clifford. The bank was long known in industry and government intelligence circles as, among other things, a huge money-laundering center for international drug traffickers...
...treatment center. Some viewed this as a calculated dodge. "Packwood is playing the role of victim, using the alcoholism excuse," said Thomas Mann, an expert on congressional affairs for the Brookings Institution. "It's clear that he is overwhelmed and is trying to figure out how to manage this scandal...
...SECURITIES AND EXCHANGE COMMISSION FINALly dropped the gavel in the Salomon Brothers trading scandal. In its toughest enforcement action in the case, the SEC filed a civil lawsuit against the two former Salomon executives who allegedly engineered the 1991 scheme to submit phony bids in U.S. Treasury auctions. The government is seeking unspecified fines and court injunctions against former managing directors Paul Mozer and Thomas Murphy. Mozer and Murphy, who both contest the suit, also face possible criminal indictments. But not all of the SEC's actions had as much bite. In a settlement that some observers criticized as toothless...