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ITT (International Telephone And Telegraph Corporation) Case #227694

CBS Evening News for Monday, Mar 19, 1973
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(Studio) ITT (International Telephone and Telegraph Corporation) merger case back in news. House subcommittee reveals Securities and Exchange Commission memo re: subpoenaed documents. Top Nixon administration officials named.
REPORTER: Roger Mudd

(DC) [Representative Harley STAGGERS - says committee voted to release papers despite SEC request that they remain secret.] Memo details meeting between top ITT officials and Nixon top aides. Attorney General John Mitchell and Richard Kleindienst, aides John Ehrlichman and Charles Colson, and Vice President Agnew mentioned. Agnew office denies meeting with ITT. Memo also gives indirect reference to meeting between Mitchell and Nixon with regard to ITT (International Telephone and Telegraph Corporation) case. Mitchell denies talk. Subject was persuading Assistant Attorney General Richard McLaren to call off antitrust suit against ITT (International Telephone and Telegraph Corporation) merger, Hartford Fire Insurance Company and other firms. McLaren eventually negotiated out-of-court settlement under which ITT (International Telephone and Telegraph Corporation) kept Hartford company Memo of Securities and Exchange Commission no substitute for original documents now held by Justice Department
REPORTER: George Herman

Reporter(s):
Herman, George;
Mudd, Roger
Duration:
00:02:00

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