Abstract

Beltway Bandits

Corn, David | November 1, 1993 issue

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This article reports several incidents of political corruption. Lloyd Bentsen, the freasury Secretary, who is standing by while a scandal of tremendous and costly proportions is occurring. At a recent hearing of a Senate banking subcommittee, predictably underreported, several past and present employees of the Resolution Trust Corp., which oversees the savings and loan bailout, presented dozens of tales of corruption and incompetence. In another development Ron Brown, the best spin artist in U.S. President Bill Clinton's Cabinet is accused of taking $700,000 from Nguyen Van Hao, Vietnamese businessman, for working to lift the absurd trade embargo against Vietnam.

See Also:

POLITICAL corruption; BENTSEN, Lloyd; BROWN, Ron; EMBARGO; ECONOMIC sanctions; VIETNAM
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