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HUD Department / Investigation #328147

CBS Evening News for Tuesday, Jul 25, 1989
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(Studio: Dan Rather) US Housing and Urban Development Secretary Jack Kemp quoted with regard to corruption investigation and likely arrests. Report introduced.

(DC: Terence Smith) FBI reported opening over 600 criminal investigations into actions of alleged corrupt US Housing and Urban Development officials; former Secretary Sam. Pierce mentioned. [Earlier this month, former US Housing and Urban Development officials Deborah Gore DEAN, River Hunter CUSHING -refuse to testify before Congress on grounds of self-incrimination.] [Representative Christopher SHAYS - comments.] Both Dean and Cushing reported suspected of giving sensitive information to DRG, mortgage company under criminal investigation for alleged fraud, money laundering and conspiracy; details given. [DRG attorney Lynda MURPHY - admits that Dean allowed her to see many US Housing and Urban Development documents.]

(Studio: Dan Rather) [During previously recorded interview with Dan Rather in DC, KEMP - says extent of corruption is not yet known; comments on likely jail terms for those involved.]

(Studio: Dan Rather) Pierce reported postponing his appearance before Congress committee investigating matter.

Reporter(s):
Rather, Dan;
Smith, Terence
Duration:
00:04:50

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