December 17, 1991 |
A Senate subcommittee hired attorney Reid Weingarten to investigate an alleged deal between the Reagan-Bush campaign and Iran to delay the release of 52 American hostages until after the 1980 elections. The naming of a special counsel means the probe is going ahead over GOP objections. Congress adjourned last month without acting on an allocation of $600,000 to hire new staff for the Senate Foreign Relations subcommittee on the Near East and pay costs of a full investigation.
January 15, 1995 |
Commerce Secretary Ronald H. Brown's ex-business partner paid $190,000 of Brown's personal debts last year, including legal bills, lines of credit and mortgages, the Washington Post reported. Nolanda Hill, Brown's former partner in First International Communications Corp., paid those debts in June, July and August of 1994, the newspaper reported.
October 18, 2003 |
Former Rite Aid Corp. Vice Chairman Franklin Brown was found guilty Friday on 10 criminal counts, including conspiracy and obstruction of justice, in one of the biggest corporate fraud cases in recent U.S. history. Brown, 75, who also served as the drugstore chain's chief counsel, was found guilty of making false statements in filings to the Securities and Exchange Commission and obstructing a federal probe. He was acquitted on one count of wire fraud.
September 9, 2003 |
WorldCom Inc. former Chief Executive Bernard J. Ebbers, indicted on charges of defrauding investors, told CNBC that he didn't "know the facts" about alleged accounting fraud at the long-distance company. Ebbers' remarks to CNBC reporter David Faber are his first public comments on the collapse of WorldCom since the company filed for bankruptcy protection about a year ago after it admitted it had misstated its finances.
September 28, 1993 |
Commerce Secretary Ronald H. Brown, through his attorney, acknowledged for the first time Monday that he met three times in the last year with a Vietnamese businessman, whose dealings with Brown are now under scrutiny by a federal grand jury in Florida. Attorney Reid Weingarten said Brown met with Nguyen Van Hao, a former Vietnamese government official now living in Coral Springs, Fla.
November 5, 2003 |
An Oklahoma judge ordered a Dec. 1 preliminary hearing for Bernard J. Ebbers, the former chief executive of telephone company WorldCom Inc., on state charges of securities violations, court officials said Tuesday. The December date means Ebbers will appear in a state court in the $11-billion WorldCom accounting scandal before federal prosecutors file charges against him in the U.S. District Court for the Southern District of New York.