Word: vesco
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...Robert Lee Vesco [May 21] is the biggest news here since the volcano Irazu erupted ten years ago. Let's hope the opposition doesn't try to kill the goose that lays the golden eggs...
...genuine democracy and no army to speak of. It also has the highest literacy rate and third highest per capita annual income (about $539) in Central America. Recently, however, both its tranquillity and its reputation have been somewhat impaired by the presence of fugitive American Financier Robert L. Vesco, who moved there a year ago and has remained in order to escape the subpoena jurisdiction of U.S. courts (TIME...
...changed his tune after a 5½-hour grilling by a Senate subcommittee last Monday. During the closed-door session, Cook admitted to Wisconsin Democrat William Proxmire that he had held three or four meetings with Mitchell and/or Stans to discuss how the Vesco contribution should be handled in the SEC complaint. There had even been a cozy tête-à-tête with Stans at a goose hunt in Eagle Lake, Texas...
Some staffers grumble privately that he was less than vigorous in pressing the whole Vesco investigation, which, they claim, reached the courts because of the efforts of two career investigators, Stanley Sporkin and Irving Pollack. There is even speculation in the agency that Cook may have used his inside knowledge of the Vesco contribution to pressure the Administration into naming him, a relatively unknown Midwestern Republican lawyer, as SEC chairman...
That ugly talk hardly squares either with Cook's own story that he insisted Vesco must be haled into court, or with Wall Streeters' impression of Cook as a bright, aggressive securities watchdog...