Word: vesco
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...prosecution hoped that Don Nixon would be able to link Mitchell with New Jersey Financier Robert Vesco (see PRESS), who made a secret, $200,000 contribution to the 1972 presidential campaign. In exchange for the gift. Mitchell and Stans are accused of trying to hinder an investigation by the Securities and Exchange Commission into a $224 million stock fraud allegedly committed by Vesco and associates...
...Vesco-in fact his son, Donald A., has even worked as an aide to Vesco-he had no major revelation to add about the relationship between the two men. Nixon did say that he had helped Vesco get in touch with Mitchell at one point in 1972. But his testimony was so confusing that it could have been interpreted as showing that the onetime Attorney General was resisting the moneyman rather than cooperating with...
...Nixon supported the defense's contention that Stans had not explicitly requested Vesco to make the gift in cash-a key point in the case. Nixon told how Vesco, a casual acquaintance, had asked him to find out from Stans how he should make his contribution-in cash or by check. At the time, Nixon was employed by the Committee for the Re-Election of the President. Nixon recalled how he had waited for Stans on March 29, 1972, in the Metropolitan Club in New York City, sitting back in a corner and worrying that his single Bloody Mary...
When Cook was brought under crossexamination, the strong case that he had built against Stans began to weaken. Bonner got Cook to admit that he had lied about the Vesco affair to various authorities not three times, as he had testified, but seven-including four times after he had told Stans he was going to tell the truth. The defense drew from Cook the admission that he had not been indicted for any of his perjuries. Asked by Fleming if he was not lying in court to save himself from prosecution by the Government, Cook said: "I am not lying...
Cook also admitted he had told a congressional committee that he decided to change the paragraph in the Vesco complaint the day before Stans called him to suggest a switch. Further, Cook acknowledged that he had brought up the matter of Vesco's mysterious $250,000 three times to Stans. Why should Cook have done that? The defense left the implication that Cook had been trying to use the Vesco affair to try to pressure Stans into supporting...