Word: vesco
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Bill Casey went far to undercut the Government's main case against both. The two men are charged with taking a secret $200,000 cash contribution for Richard Nixon's 1972 presidential campaign from Financier Robert Vesco and, in return, trying to hinder an SEC investigation into his dealings with some overseas mutual funds...
Casey did testify that Mitchell phoned him in December 1971 or January 1972 to ask if the SEC staff was unfairly harassing Vesco. But Casey said that he had received a number of complaints about how the SEC was handling the Vesco case. What was more, Mitchell's call came several months before Vesco made his campaign contribution...
Asked by Defense Lawyer Peter Fleming if Mitchell had ever requested him to "fix" the Vesco affair, Casey replied: "Nobody ever asked me to fix the case." And Walter Bonner, Stans' top lawyer, inquired: "Is it not a fact, Mr. Casey, that Maurice Stans never, never asked you to fix this complaint?" Casey replied: "That's a fact...
...main point in the Government's case 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...
...Government then produced Laurence B. Richardson Jr., former president of Vesco's International Controls Corp., the company that ran the suspect mutual-fund operations. Richardson, 52, broke with Vesco in 1973 over company policies and went to the Government with the story of his former boss's contribution to the Nixon campaign. He testified about attending a meeting with Vesco on March 8, 1972, in Stans' Washington office. According to Richardson, Vesco told Stans that he wanted to make a donation to the Nixon campaign but that he had a problem -the SEC investigation. Vesco claimed that...