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Conflicts of Interest / Quello / Revolving Door #252190

CBS Evening News for Monday, May 23, 1977
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(Studio) House investigator charges Federal Communications Commission commissioner James Quello has conflict of interest by holding stock in 3 firms in communications field. Federal Communications Commission chairperson Richard E. Wiley says 3 firms not put on forbidden list till after Quello was commissioner "Washington Washington, DC Star" quotes Quello as saying he'll sell at any time. In other conflict of interest issues, Senate committee votes conclude hearings on revolving door.
REPORTER: Roger Mudd

(DC) Ex. of revolving door policy is Dr. Malcolm Currie, former Pentagon chief technical adviser who advocated developments in Air Force and Army missiles; he's now hired as head of missiles systems group of prime contractor, Hughes Aircraft Corporation [Senator William PROXMIRE - cites conflict of interest in such practices.] Currie's advocacy of missile programs, despite Defense Department uncertainty with regard to them, and mtgs. with Hughes officials in Pentagon offices noted. (Defense Department film shown.) Documents re: charges, obtained under Freedom of Info. Act., noted. Currie had told Congress missile programs needed to be continued [Representative Patricia SCHROEDER - questions Currie's intentions in job with Defense Department] In California, Hughes officials refuse reporter Harold Dow and camera crew, say Currie doesn't want to comment and hadn't done favors for corporation while at Pentagon. Other conflict of interest charges against Currie noted. [PROXMIRE - cites details of bill he believes should pass, to eliminate revolving door policies.] Other corps. hiring former military and Defense Department personnel last yr. include Northrop, Boeing and Rockwell International
REPORTER: Robert Schakne

Mudd, Roger;
Schakne, Robert

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