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...loaded down with Kalashnikov rifles, RPG light montars and high explosives. In late afternoon they beached near a kibbutz called Ma'agan Mikha'el, then walked less than a mile up to the four-lane highway. After opening fire at passing traffic, they hijacked a white Mercedes taxi, killing its occupants. Setting off down the highway toward Tel Aviv, they met a bus on its way to Haifa. They fired at the bus, wounding its driver and some passengers and forcing it to a stop. One of the passengers on the bus was Avraham Shamir...

Author: /time Magazine | Title: MIDDLE EAST: A Sabbath of Terror | 3/20/1978 | See Source »

...question was a payment of $2.95 million that Bell Helicopter, a subsidiary of Textron, had made, with Miller's approval, to an Iranian company named Air Taxi. The money was paid as a form of commission at about the time of a sale in 1973 of $500 million worth of helicopters to the Iranian government. The payment itself was legal and no secret; Textron openly recorded it on the books. But Proxmire and the committee staff claimed to have evidence that Air Taxi was secretly partially owned by General Mohammed Khatemi, former head of the Iranian air force...

Author: /time Magazine | Title: Business: New Defender of the Greenback | 3/13/1978 | See Source »

Khatemi himself can no longer confirm or deny the story: he died in a glider accident in 1975. Proxmire did produce the attorney for a former Bell sales agent, who testified that Khatemi's ownership of Air Taxi was common knowledge in Iran, and that this fact had been called to the attention of top executives of Textron's Bell Helicopter division in the mid-1960s. The executives, however, testified that they had considered the talk "cocktail-party rumor," unworthy of reporting to Miller. That seems plausible enough. At the time Bell officials were allegedly informed of Khatemi...

Author: /time Magazine | Title: Business: New Defender of the Greenback | 3/13/1978 | See Source »

...queries were enough. When Proxmire opened by saying that to him "the facts ring loud and clear; Textron bribed Khatemi," Miller responded that the Senator was making a statement rather than posing a question. Miller insisted that "if General Khatemi did have an undisclosed interest in Air Taxi, then I have been deceived. Deception by others should certainly not be the basis for impugning the integrity of innocent parties." Miller and Bell President James Atkins protested that Proxmire was relying on CIA and Defense Department information about Khatemi's partial ownership of Air Taxi that had been unavailable...

Author: /time Magazine | Title: Business: New Defender of the Greenback | 3/13/1978 | See Source »

...Agency for International Development for educational films and other projects. Passman, Flood and Head deny any improprieties. Yet Elko's story is filled with specifics. TIME has learned that he claims Head asked him to invite Passman to dinner and the director gave him an envelope containing Passman's "taxi fare"?$10,000 in cash. Investigators do not yet have corroboration of the payments, but there is evidence that Flood and Passman pressured AID on behalf of Airlie. Former AID Official Jarold A. Kieffer wrote to his supervisor and to President Gerald Ford protesting Passman's pressure; an earlier...

Author: /time Magazine | Title: Nation: Opening the Floodgate | 3/6/1978 | See Source »

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