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ITT (International Telephone And Telegraph Corporation) / Chile #25461

ABC Evening News for Monday, Apr 02, 1973
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(Studio) Senator continues hearings into ITT's involvement in Chilean politics.
REPORTER: Howard K. Smith

(Capitol Hill) [ITT Chairperson Harold GENEEN - says ITT (International Telephone and Telegraph Corporation) took no steps to block election Marxist President Salvadore Allende.] Geneen admits ITT offered CIA money to support Allende's chief opponent. After offer turned down ITT (International Telephone and Telegraph Corporation) chief John McCone met with Henry Kissinger and offered government $1 million for any action to keep Allende from becoming president Geneen approved offer. If Senator finds ITT (International Telephone and Telegraph Corporation) tried to block Allende from becoming president company could lose $90 million in insurance from government for losses in Chile.

Clark, Bob;
Smith, Howard K.

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