Word: sec
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Dates: during 1970-1979
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...successfully undergone two lie-detector tests and ten days of twelve-hour interrogations by Government agents, and his story remains unshaken. The Securities and Exchange Commission, the Justice Department and the IRS are pur suing investigations. An Amoco spokesman acknowledges that the SEC has subpoenaed four high-ranking current and former executives along with corporate records from the Atlanta office...
...counterparts in the company's four other U.S. regions, Anderson alleges, were handing out similar goodies. Says he: "This has been going on for so long that it became a way of life." Amoco declines to comment "because of the investigation by the SEC," but a spokesman calls Anderson "a disgruntled former employee." Responds Anderson: "I'm not disgruntled. I'm just goddam...
...auditors and 200 lawyers, was set up nearly two years ago to uncover profiteering. Because past efforts nailed few alleged offenders, the DOE turned for advice to a sister agency, the Securities and Exchange Commission. Bloom had the power to negotiate settlements, and he modeled them after the SEC's consent decrees. Companies that sign them with the DOE neither admit nor deny wrongdoing, but agree to stop what they have been doing and make a financial settlement...
BLUEBONNET BOWL: Purdue (9-2) vs. Tennessee (7-4)--Sorry, Wilson Schlichter, McDonald et al., but Purdue's Mark Herrmann is the best quarterback in the country. The Vols are a strong 7-4, but any 9-2 Big Ten team can whip a 7-4 SEC team, Johny Majors notwithstanding. Purdue 31, Tennessee...
...SEC officials offered to settle out of court, but Bluhdorn, calling the allegations "totally unwarranted and outrageous," vowed to do battle before a judge. More than honor is at stake. If the SEC prevails, it could order G & W to hire an outside auditor to fully investigate the company's affairs, recruit a more independent board of directors and adopt new management procedures...