Word: sec
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Dates: during 1970-1979
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...places rather than a plot to trade political influence for a campaign contribution. When Sears said he had introduced Vesco to his friend Mitchell on March 12, 1971, the defense pointed out that the date was 13 months before the financier made his gift and six days before the SEC even began looking into Vesco's mutual-fund operations overseas...
...against Mitchell is the claim that on the very day-April 10, 1972-that Vesco made his contribution, doors that had been closed to the financier began opening. But Sears admitted that Mitchell had been trying for a month before the donation to get a date for Sears with SEC Chairman William J. Casey. Sears further contended that when he did meet with Casey he simply requested that Vesco be allowed to tell his side of the story. Asked Fleming: "Did you ever ask Mr. Mitchell to fix the Vesco case...
Sears: "Never." Sears later added: "I know of absolutely no attempts that were ever made to 'fix' the SEC matter...
...Stans, who raised the money that made the campaigns purr, had struck the sleaziest of bargains with a notorious financial manipulator, Robert Vesco. The Securities and Exchange Commission has charged that Vesco was the central figure in perpetrating a $224 million stock fraud, the largest single case in SEC history. In its case against Mitchell and Stans, the Government argues that Vesco made a secret, illegal contribution of $200,000 in cash to the President's campaign in 1972, and that in return, the two Nixon lieutenants used their political clout-though both had left the Government by that...
...SEC began in 1971 to nose into Vesco's operations abroad. Sears said that he tried for months to persuade his old political friend John Mitchell to help Vesco get access to William Casey, then the SEC chairman, so that the financier could plead his case in person. Mitchell appeared sympathetic, but nothing happened, though Sears pointed out that Vesco had made a substantial contribution to Nixon's 1968 election campaign and that "he represented himself as being close to the Nixon family...