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Lance / Securities and Exchange Commission and Comptroller Charges #257552

CBS Evening News for Wednesday, Apr 26, 1978
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(Studio) Report on Securities and Exchange Commission and Comptroller of Currency joint chgs., filed in Atlanta federal court, against former Carter OMB director Bert Lance for alleged banking violations prior to his becoming part of administration; Lance's decision not to fight chgs. noted.
REPORTER: Walter Cronkite

(DC) Details of chgs. given, include involvement in alleged irregularities of Lance, Calhoun (Georgia) First National Bank and National Bank of Georgia. [SEC spokesperson Theodore LEVINE - says no one, in or out of government, tried to impede investigation.] Lance's formal response detailed. Films and photos shown. Also incld. in chgs. is that Lance was less than candid with Senator in confirmation hearings. Justice Department's presentation of much of same evidence to Atlanta grand jury, which hasn't yet acted, noted.
REPORTER: Robert Schakne

Reporter(s):
Cronkite, Walter;
Schakne, Robert
Duration:
00:02:50

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