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ITT #469256

NBC Evening News for Monday, Mar 19, 1973
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(Studio) Last year Securities and Exchange Commission investigated ITT (International Telephone and Telegraph Corporation) for obtaining favorable judgement in antitrust matter after making large political contribution. House subcommittee today makes public record whole Securities and Exchange Commission investigation ITT. Many new questions about relation ITT (International Telephone and Telegraph Corporation) and administration raised.
REPORTER: John Chancellor

(DC) Document not as explosive as Dita Beard memo that began ITT controversy, but does raise new questions about way government settled case. Indicates Vice President Agnew, former Treasury Secretary John Connally, former Commerce Secys. Maurice Stans and Peter Peterson all had hand in getting favorable settlement for ITT. Former Attorney General John Mitchell may have discussed case with President Nixon. Last year Mitchell denied this. Subcommittee says Securities and Exchange Commission deliberately turned over 34 boxes raw files to Justice Department to keep them out of hands Congress investigators. House panel still wants to see raw files.
REPORTER: Paul Duke

Reporter(s):
Chancellor, John;
Duke, Paul
Duration:
00:01:40

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