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Lance Finances #50273

ABC Evening News for Monday, Sep 12, 1977
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(Studio) White House acknowledges that 3 top aides to President Carter knew of Bert Lance and family's overdrafts as early as January, but kept it from President Senator Govt. Affairs Committee conts. hearing in matter and is told by key fed. banking official that his recommendation of Lance for OMB post was misleading.
REPORTER: Harry Reasoner

(DC) Former acting Comptroller of Currency Robert Bloom says he reported all he knew about Lance's personal transactions to Lance's attorney and to mbr. of Carter transition team. [BLOOM - believed thereafter that transition team and President were or should have been aware of problems known to self at time.] Testimony poses question of whether Carter aides withheld info. from President [Senator Charles PERCY - says affair is causing public mistrust of government] Earlier, committee staffers got 1st look at Justice Department files that show Lance used Georgia bank planes for personal trips; Lance says all trips were in trying to get business for bank. President-elect of American Bankers Association says this behavior not typical of all bankers. [A.A. MILLIGAN - doesn't know if Lance has done wrong, but affair is causing trouble for banking industry and will create more if it goes unchallenged.] Committee will continue hearing with regard to White House cover-up on Tuesday, but new details have already come out.
REPORTER: Dan Cordtz

(DC) Neither Lance nor President are available to reporters for questioning on new dvts., so Press Secretary Jody Powell questioned. Powell says he can't say what Carter knew, but acknowledges he read FBI Lance report in early January, as did Hamilton Jordan and Robert Lipshutz. Press secretary says

Reporter(s):
Cordtz, Dan;
Reasoner, Harry
Duration:
00:05:50

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