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St. Martinsville, Louisiana
1950s - Glacier National Park - Camping
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Whitewater Hearings August 1, 1994 - Part 1
(11:10:29) Answer: -Just that she wouldn't have enough time between-her feelings were that she wouldn't have enough time between then, the date of the meeting-and that date was February 21, 1994-and February 28, 1994, the statute of limitations expiration, to make an informed, a decision as she would need to make. In her opinion, that wouldn't be enough time to, sort of, go through all of these mountains of documents and so forth or for her staff to do so, so, ultimately, she would have to be making a decision with the best information possible at that time. Question: So the shortness of time and the inability to develop fully the facts of that case was identified as problems? Answer: Yes. Question: Did Mr. Altman or Ms. Hanson offer any advice or discussion on those with Mrs. Kulka? Answer: Only it wasn't so much a response as to, sort of, informing him-him, being Roger-of the situation and making him realize that the recommendation would be coming to him. Does that refresh your recollection, your discussion that you would have difficulty completing this investigation? Mr. Altman recalls it that way, and Mr. Nye, who was there, has given us information. We know that later on, by way of depositions, Mr. Altman actually goes to Mr. Ickes and advises Mr. Ickes of this. Ms. KULKA. I do not understand anything that you just read to be inconsistent with my recollection of what I've said. If I may explain the advice I gave, and what the tenor of the discussion was, I would appreciate it, I told Mr. Altman that it is certainly an unusual circumstance to have the short period of time we had to examine such a complex set of issues, and that no prosecutor that I knew or plaintiffs lawyer, would want to have to put together this kind of case in that period of time. I said we were committed to do it and would do the best we could, given the period of time, to put together any cases we saw against anyone we could show had engaged in conduct that fit within the definitions of fraud or intentional misconduct. Further, to the extent that we couldn't do the best job, we would do what we could to file the complaints we needed to file, amend them later if further discovery after the date made that appropriate Senator D'AMATO. Did you say this, with that kind of detail? Ms. KuLKA. That's correct. Senator DAMATO. Or did you-then Mr. Nye did not accurately represent your views when be said you said you wouldn't be ready to go forward. Ms. KULKA. That's correct. I never said that. I said we would be bringing forward a couple of different approaches and that it may well be that one of the approaches with various, any potential parties who might be named defendants, would be to seek tolling agreements, as I believe, Mr. D'Amato, you had urged us to do in 12 some of your correspondence, so that we could have a better record to go forward on. But that , in any event, if we thought there was any case that could be made, and we wouldn't be subject to Rule 11 sanctions under the Federal Rules of Civil Procedure, we would be prepared to file those complaints, whether or not we received tolling agreements, if we believed that was appropriate. Only in the case where we did not have any information that would lead us to believe that we could make a good faith case against someone whose conduct was either intentional wrongdoing or fraud, would we decide not to go forward with that case. Senator DAMATO. Let me ask you something. You're an experienced litigator representing a client on the civil side who had a potential civil action being brought against him by an agency. If you're aware that a case was not complete, would you enter into a tolling agreement with that vital information? Ms. KULKA. I did explain to Mr. Altman the circumstances under which I understood potential defendants would or would not enter into tolling agreements. Senator DAMATO. But, I'm saying to you, if you were advisedyou, as a private attorney-that the information was not complete and the Government was contemplating bringing a case against your client, would you recommend that our client enter into a tolling agreement if you were armed with that information? Ms. KULKA. Under a variety of circumstances, I may well recommend that. It has to do with whether my client wants an action filed against him or her ' where he believes that additional information may be able to convince the plaintiff or the prosecutor that filing is not appropriate, and therefore Senator DAMATO. Isn't that information very unusual to be given and is never given-would you give that information to a client or to a prospective person that to bring you're going to the file a suit against? Would you give them the information, that was not com- plete, indeed you Might want a tolling agreement, you would be seeking a tolling agreement? Ms. KULKA. I would not give that information. Senator D'AMATO. Thank you very much. Let me ask you one other thing, Ms. Kulka, because my little red light is on. During the time of mid-January through February, you discussed this Madison matter with Mr. Altman on several occasions, Is that correct?
Space Report - Gemini and Ranger Open A New Era
See also catalog # 529486 and 529488 This could be called the Saga of the Heavenly Twins. A comprehensive pictorial report of the voyage of the Molly Brown. Lt. Commander John Young and Major Virgil Grissom take off from Cape Kennedy on a Gemini flight that opens a new era in space. For the first time a space vehicle is maneuvered in space, swung around, its orbit changed. The Gemini is a much more sophisticated and versatile vehicle than was the Mercury. It proves its worth in the program that will culminate in a space rendezvous. The piloting of a space vehicle is deemed as historic as Russia's "walk in space". So far as is known, the Soviets have never maneuvered a capsule - necessary routine for a space contact. Second half of the week's double-header was the successful flight of the Ranger 9. This photographic vehicle sends a new series of pictures back from the moon which are transmitted for immediate showings on screens across the nation. It is the third successful moon shot to give scientists new knowledge of the moon's surface prior to a man's landing there. This is a High Angle Shot of Cape Kennedy. MS - Naval truck pulls up to a waiting crowd, out step the astronauts, Major Virgil Grissom and Lieutenant Commander John Young dressed in their flight suits. The astronauts are escorted to the Rocket - Gemini 3. The astronauts riding up in an elevator to the entrance of the Rocket. Gemini 3 sitting on a launching pad. The astronauts are helped into the seats of the nose cone of the rocket. CU Head shots of the astronauts. The clamps that hold the rocket on the launching pad are being removed. LS Gemini 3 fires up her engines on the launching pad and it s a lift off into space. In Washington DC, President Lyndon B Johnson sitting on a chair watching the flight of Gemini 3. A ball of fire out in space and that is Gemini 3. POV - The empty tanks being discarded by Gemini 3. Animation - A drawing of Gemini 3. Inside the cock pit you see one of the astronauts hands push a button and then you see the animation of Gemini 3 turn and point up. High Angle Shot (in space) looking down at Gemini 3. High Angle Shot - Gemini 3 with its parachute open coming in for a landing in the ocean. Gemini 3 landing in the ocean. Aerial Shot USS Intrepid. Helicopters lifting off the flight deck of the Intrepid. Aerial Shot - Astronauts in a life raft. High Angle Shot taken from the Rescue Helicopter. Astronaut lifted into the chopper. Sailor looking through binoculars at the helicopters. Rescue helicopter landing on the flight deck of the USS Intrepid. Major Grissom and Lieutenant Commander Young escorted to debriefing. High ranking officers shaking the hands of the astronauts. President L.B. Johnson, I know that both of you fellas are mighty happy and the entire nation is happy too. I know that I speak for the rest of this country when I tell ya that we re very proud of you and that we re very grateful for your safe return. High Angle Shot - Sailors pulling on ropes hauling in the nose cone of Gemini 3. MS - Gemini 3 being lowered on to the flight deck of the Intrepid. Crowds of journalists and sailors gathered around the Gemini. The two astronauts posing with the nose cone of Gemini 3. Animation of Ranger 9 taking photos of the moon. Crowds gathered to see moon images. MS - Clock on the wall. People watching the monitor, moon shots show up on the monitor. People applauding. Aerial S - USS Intrepid. Astronauts Major Virgil Grissom and Lieutenant Commander John Young cutting a huge cake. The astronauts and the naval crew eating the cake. Naval officers as well as lower ranking personal sitting in an audience. One of the astronauts standing at the podium. He unrolls a drawn piece of paper with the drawing of Unsinkable - Molly Brown.
Whitewater Hearings August 1, 1994 - Part 1
(11:15:37) Ms. KuLKA. I'm sorry. Would you repeat the date, sir? Senator DAMATO. From January through mid-February. Ms.-KuLKA. Yes. senator D'AMATO. OK. Were there any other specific cases in which you gave a briefing to Mr. Altman during that period of time when he was the bead of the RTC? Ms. KULKA. The only other case that I remembered was the Diamond litigation. Senator DAMATO. OK. What is the Diamond litigation? Ms. KuLKA. This is litigation where the RTC, as receiver, has property that is subject to the rent control laws in New York. The RTC has carried this case through the circuit court successfully to 13 pre-empt the State rental control laws and to free certain of the units from the application of that law. This was another case where we had a lot of congressional inquiry and the Deputy Secretary and Interim CEO were interested in it. Senator D'AMATO. Is that the only other case you ever spoke to Mr. Altman about? Ms. KuLKA. That's the only other case I recollect speaking with him about. Senator D'AMATO. OK Thank you very much. The CHAiRMAN. Senator Dodd. OPENING COMMENTS OF SENATOR CHRISTOPIIER J. DODD Senator DODD. Thank you very much, Mr. Chairman, Let me thank all of you, by the way, for being here today. I think it's important to pick right up on the line of questioning that Senator D'Amato has raised with Ms. Kulka. Let me ask you very directly, did you tell anyone that the RTC would not bring a case because of the inability to put documents together prior to February 28, 1994? Ms. KULKA. No, sir. Senator DODD. You talked to no one about that, at the White House? The Treasury? Ms. KULKA. I never said that to anyone at the RTC because that was not the case. Senator DODD. Nor at the White House? Ms. KULKA. I've never spoken to anyone at the White House. Senator DODD. Nor at the Treasury Department? Ms. KuLKA. No, sir. Senator DODD, Thank you very much, Mr. Chairman, I think it's important for the purpose of clarity here to lay out exactly where we are with regard to this phase of the investigation. Let me quote from Mr. Fiske regarding this particular question the Committee is asked to address-that is, whether or not any illegal activity occurred surrounding the so-called contacts issue. I the quote from the Fiske statement. He says: The evidence is insufficient to establish that anyone within the White House or the Department of the Treasury acted with the intent to corruptly influence an RTC investigation. Therefore, the evidence of the events surrounding the contacts between the White House and the Treasury does not justify the prosecution of anyone for the violation of Section 1505, which is obstruction of Federal proceedings. We have also concluded that the evidence does not justify a criminal prosecution for violation of any other statute. I think it's very important that that statement by Mr. Fiske be included in the record. Second, Mr. Chairman, I think it's important to note that the Office of Government Ethics concluded in the last 24 or 48 hours that there were no ethical violations in this matter at all, I think it's important to note that. . Now this Committee may draw a different conclusion, but I think its important that the record reflect that, at this particular juncture. I think it's also important to note who the Office of GovernMerit Ethics is run by---- Stephen Potts, who was appointed by President Bush. This is not a Lloyd Bentsen appointee. It's an independ 14 ent agency that Secretary Bentsen asked to examine this issue on March 3, 1994, and at the request of Mr. Fiske, delayed that investigation until June 30, 1994. They spent the last month going over all the documentation and that independent agency, under the direction of an appointee of President Bush, concluded there were no ethical violations in this particular matter. Now, if I may The CHAIRMAN. Senator Dodd, before you go on, that report is out and I think we ought to make it a part of our own records just for reference purposes. Senator DODD. I would move that that be the case. The CHAIRMAN. Without objection, it is so ordered. Senator DODD. I would point out as well that they pointed out some troubling contacts and this Committee ought to examine those troubling contacts. I think it is important. When I first heard about it, I thought, well , maybe this is just a Treasury Department group. I discovered it was an independent agency under the direction of Mr. Potts and career people, not political people, looking at these issues. Now, I'd like to ask each and every one of you to respond to the following question, and I'll begin with you, Mr. Roelle. Did any official at the White House ask you to take, or instruct you to take any action to obstruct or impede the Resolution Trust Corporation's handling of either the criminal or civil cases against Madison Guaranty? Mr. ROELLE. No, sir. Senator DODD. Ms. Kulka? Ms. KuLKA. No. Senator DODD. Mr. Ryan? Mr. RYAN. No. Senator DODD, Mr. Katsanos? Mr. KATSANOs. No, sir. Senator DODD. What is it? Mr. KATSANOS. No, sir. Senator DODD. Did any one of you take any action to obstruct or impede the Resolution Trust Corporation's handling of either the criminal or civil cases against Madison Guaranty? Mr. Roelle? Mr. ROELLE. No, sir. Ms. KuLKA. No. Mr. RYAN. No, sir. Mr. KATSANOS. No, sir. Senator DODD. I thank all four of you. Mr. Chairman, I'll yield back the balance of my time to others who may have some questions.
Ike is 77
"Former President Eisenhower observes his 77th birthday with a Washington church cornerstone ceremony and a party, where he avoids the Hawks vs Doves issue, urging a Vietnam peace on honorable terms." LS Presbyterian church under construction in Washington, DC. MS former President DWIGHT EISENHOWER unveiling cornerstone drawing on curtain. CU fanciful engraving on granite: "1967." MCU Dwight Eisenhower & MAMIE EISENHOWER looking to their right. MS Ike blowing out candles on birthday candles during a formal banquet party.
India
"Thousands of Hindus celebrate the annual festival of Dushehra (dassera), the legendary religious triumph of good over evil. A parade and nighttime fireworks display ends with the burning of evil effigies." TLS men marching in parade, some carying tubas. TLS/MSs religious floats. TLS/MSs massive effigies of "demon king" Ravana, his son & brother in open field. Panning MS Indian President ZAKIR HUSAIN waving from passing open convertible. TLS/MSs nighttime fireworks display during reenactment of historical battle between Ravana and Prince Rama; includes great shot of a slow-moving rocket being launched at effigy of Ravana, which ignites and burns until massive effigy falls to the ground in a spectacular display. Very interesting.
Whitewater Hearings August 1, 1994 - Part 1
(11:20:35) The CHAIRMAN. Very good, Senator Dodd. Senator Bond. OPENING COMNTNTS OF SENATOR CHRISTOPHER S. BOND Senator BOND. Thank you very much, Mr. Chairman. Since my colleague from Connecticut has brought into the record this report of the Secretary of the Treasury from the Office of Government Ethics, dated July 31, 1994, 1 thought just for the record, 15 I would give you what my very brief analysis of that is. We've only had a few hours to look at it. I'll have to say that, first, this is not an investigation by the OGE. It is an analysis of some of the information now before us that was presented to it by the Treasury, It clearly does not have all of the information we have, and they expressly state that they have not interviewed members of the White House staff, employees, or the President. It expressly excludes any comment on White House officials' ethics. It relies on some technicalities and some debatable assumptions which we will get into later on. It does say, as my friend from Connecticut pointed out, that: "The standards of conduct are not a yardstick by which all Government actions can be measured, and conduct that some may perceive as unethical does not violate the standards of conduct." They say on page 3: "Many of the contacts detailed in the report are troubling." I think that troubling nature is something that we have to address here. The report did apparently conclude that there were some unethical activities by a former employee of the RTC on pages 15 and 16, but says that: "Since he was no longer employed, it was not within their scope of examination," I do find it very helpful, in light of some of the testimony that was presented before the House, that the OGE spent some time examining the proposition that a leak, a press inquiry, or a potential press inquiry would justify disclosure of confidential information. And on page 6, this letter says: "Documents containing information about referrals to the Department of Justice are generally exempt from public disclosure by virtue of Exemption B(7) of FOIA." The fact that-and I'm skipping some of the verbiage-the fact that information has been leaked would not cause an agency to consider the information to have lost its nonpublic character. A waiver of the FOIA exemption has not occurred because of an unauthorized disclosure, citing cases. This proposition regarding the nonpublic nature of information that has been leaked would bold true as well under a relevant section of the standards of conduct. Now, at the bottom of page 6, they go on to say: "The RTC's disclosure policy may have been violated in the case of information regarding a criminal referral being discussed without the necessary authorization." They. raise a question whether such an authorization would comport with the RTC's disclosure policy. The analysis goes on to suggest that Ms. Hanson is not covered because she does not have a personal friendship or nongovernmental affiliation with the President or Mrs. Clinton. Reading that, one immediately calls into question whether there is such a relationship between her supervisor, Mr. Altman, who gave those instructions. Later on ' I found that there is probably no way that, under the view of the OGE, Mr. Altman could violate the standards of ethics with respect to the President. They say on page 11, they don't know what Mr. Altman's role in the disclosure of September 29, 1993, may have been, but "there's insufficient information to en- 16 able us to provide you with any further analysis of Mr. Altman's participation in this disclosure."
Whitewater Hearings August 1, 1994 - Part 1
(11:25:23) Then, on page 20, they say: "Mr. Altman's friendship with the President is not a covered relationship that would necessarily trigger the recusal procedures in the relevant section of' the standards." They do say Mr. Altman's actions in this regard, "are somewhat confusing." The thing that further calls into question this report is that having established the clear principle that a leak to the press or a potential leak does not justify disclosure of nonpublic information, they then proceed to justify the discussions and disclosure between the Treasury and the RTC on the basis of the fact that there was an impending leak to the press. As I said, no disrespect to my friends from Pennsylvania, but this gives a Philadelphia lawyer a bad reputation. There are some specific questions I think we will address later on. On page 19, it assumes that Mr. Altman's disclosure bad been cleared in advance with an ethics official. I think the information we have will call that into question. You have already raised the critically questioned assumption on the basis of time of the completion of the RTC analysis, a question which Ms. Kulka has provided in her testimony. We have other testimony before us, I think it is noteworthy that the OGE exonerates Mr. Eugene Ludwig in regard to the responses to the President's questions and certainly it appears that Mr. Ludwig has done nothing improper. But it does not make any comment on the President's action in inquiring. It further raises questions about the calls to Mr. Stephens, but finds that responding to those calls was in no way improper. It seems to me if we are to accept the analysis of the OGE, then no communication of nonpublic information by the head of a regulatory agency to the President, which may be of great personal interest to the President, could violate the ethics or conflict of interest standards. That may be good enough for the Office of Government Ethics, but I submit that I, for one, do not believe that that kind of standard is adequate, nor do I think it should limit the inquiries of this Committee or the questions we pose to the witnesses. I thank the Chairman, The CHAIRMAN. Senator Sasser. OPENING COMMENTS OF SENATOR JIM SASSER Senator SASSER. Thank you very much, Mr. Chairman. Ms. Kulka, as General Counsel for the Resolution Trust Corporation, you had the responsibility of retaining various attorneys and law firms around the country to try to effect collections from failed S&L's and failed S&L officers and others that would flow back into the RTC, did you not? Ms. KuLKA. Yes. Senator SASSER. Now, Ms. Kulka, let me ask you, in the case of the hiring of the Jay Stephens law firm, who began the process that ultimately resulted in the hiring of Jay Stephens to represent 17 the Resolution Trust Corporation in the question of civil charges against Madison? I ask that question for this reason. Mr. Jay Stephens was a former U.S. Attorney appointed by, I believe, the Administration of President Bush, and was viewed by some in this area to be a fairly partisan prosecutor. I'm not saying he was or he wasn't. That was just the way he was viewed by some in the Washington area. Who began the process of hiring Yr. Jay Stephens? Ms. KULKA. There was a discussion amongst the staff working on the matter that, very early on, we needed to have outside counsel. The process by which outside counsel was identified was begun by the Senior Counsel on this matter, pursuant to normal RTC procedures. Senator SASSER. And I understand-so Mr. Stephens was hired just in the ordinary course of business there and in the ordinary way that attorneys and law firms are retained by the Resolution Trust Corporation. Ms. KULKA. May I expand on that a little bit, Mr. Sasser? Senator SASSER. Yes, please.
Whitewater Hearings August 1, 1994 - Part 1
(11:30:30) Ms. KULKA. Mr. Stephens wasn't hired. The firm of Pillsbury, Madison, and Sutro was hired. In connection with identifying an appropriate law firm to handle this, the Senior Counsel identified four law firms-I don't remember the names of the others-who had experience in complex, sensitive litigation who might be able to handle it. The Senior Counsel asked for bids, asked who had legal services agreements with us where their rates were fixed, and asked for them to provide proposals or bids which would describe cost factors, expertise, and so on. In the course of doing that, the Pillsbury firm identified the personnel, as they must, to comply with our regulations, who might work on the matter. They identified a number of people, including three partners. The lead partner was clearly going to be a person who had handled other high-profile, sensitive matters, and that was a man named Mr. Patterson. Another partner they identified to work on the matter was Jay Stephens who, my staff advised me, was the immediate former U.S. Attorney in Washington who had been appointed by a Republican. Senator SASSER. All right. Ms, KuLKA. If I just might add one more thought. Senator SASSER, Sure. Ms. KULKA. I came -to Washington in the middle of January and, in fact, in the middle of a snowstorm. I do not recollect ever having beard of who Mr. Stephens was before in the North. I knew nothing about the controversial nature of remarks he bad made or who he was, other than what my staff told me. Senator SASSER. The firm of which Mr. Stephens was a partner was hired the same day, I think, that Secretary Altman testified before this Committee. Isn't that true? Ms. KULKA. I really have never looked at the (lay the en gagement letter was signed. They were identified before, and may have even started to work before then. Senator SASSER. The point I'm diiving at is this. Mr. Jay Stephens' law firm was hired at a time before Secretary Altman 18 recused himself and the Jay Stephens law firm was hired in the ordinary course of business of fhe Resolution Trust Corporation, because it met the objective criteria of the agency, I presume. Ms. KuLKA. That's correct. Senator SASSER. So, if Mr. Altman had wanted to act as a tool of the Administration to kill the Madison case, it would have not been very wise to retain the services of the Jay Stephens law firm, it? would . Ms. KuLKA. Mr. Altman never had any role in the selection of counsel and be never tried to. Senator SASSER. Right. That's the point I'm trying to make, Ms. Kulka, and I thank you for making it. Mr. Roelle, is it your testimony that in October 1993, Mr. Altman told Ms. Hanson, the General Counsel -for the Treasury Department, in your presence to go tell Mr. Nussbaum, the Counsel for the White House, about the press leaks that might be attendant to the proposed criminal referrals to the Justice Department? STATEMENT OF WILLIAM H. ROELLE, FORMER SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, RESOLUTION TRUST CORPORATION, WASHINGTON, DC Mr. ROELLE. I surmise that. He didn't say it that way, Senator. He instructed her to tell a number of people about the impending news release on this matter and be mentioned the name Bernie, along with several other names. He did not say Mr. Nussbaum. Senator SASSER. Did you make that surmise there that day when Mr. Altman allegedly made this communication to Ms. Hanson? Mr. ROELLE. No, sir. I didn't even think about it until actually it was later when I was thinking about it that I realized it could have been Mr. Nussbaum. I remarked to my wife that night it's possible that's who he meant, although I do not know. All I know is that be said Bernie. Senator SASSER. Did you make the connection that it might be Mr. Nussbaum after the meeting with Mr. Altman and Ms. Hanson? Mr. ROELLE. Yes, sir. Senator SASSER, That's curious that it wouldn't occur to you until after the meeting. In other words, he referred to Bernie in the meeting, but it was not until after the meeting that it occurred to you that he might be talking about the White House Counsel, Mr. Nussbaum. Mr. ROELLE. No, I don't think it was curious at all. I had seen something on the press that night about Bernie Nussbaum and it occurred to me at that point that's who be might have meant. Senator SASSER. Mr. Roelle, when it occurred to you that he might have meant Bernie Nussbaum, the Counsel for the White House, what was your reaction? Did you think it was proper for Ms. Hanson to discuss this matter with Mr. Nussbaum? Mr. RoELLE. It was a matter of a pending leak that the press bad gotten bold of. I, had self would have wished there had been no contact at all with the White House. But I made no inference one way or the other about what was appropriate in terms of a press leak.
'Copter "Hauldown"
The Canadian Navy has developed a new way to land helicopters safely aboard ships. It's called "The Beartrap" and the 'copter is hauled down to the flight deck on cables. Quick shot of a battleship docked in a harbor. A helicopter hovers above the flight deck. A control council. A technician adjusts levers. The helicopter is pulled into the deck by a cable. Two shots of the helicopter landing on the deck.
Steeplechase
"The 78th annual Pardubice Steeplechase in Czechoslovakia has 26 of the best horse and rider combinations in Europe off the starting mark. With several bad spills, the four-mile event is won by a Russian horse, Dresden." TLSs two dozen horses taking off from starting line, jumping hedgerows and water obstacles. MCU two white woman in audience. TLS horses leaping over water hazard, falling, throwing jockeys. MCU old white man looking through binoculars. Slow motion TLS horses leaping tall hedgerow; several fall and cause a pile-up; horrifying to look at. MS crazy jockey leaping horse over hedgerow, jocket taking tumble, somersaulting forward (almost looks rehearsed, it's so graceful). CU attractive young white woman with long hair, wearing white turtleneck, corduroy jacket. Great TLS several horses making spectacular leap over great water hazard. TLS horse making very-same jump, coming up short, tossing jockey head over heels. Dangerous. Sideview slow motion TLS horse jumping water gulley, some coming up slightly short, though there are no accidents. TLS jockey leading horse through water. MS several white men standing, cheering the horses on. Panning LS winning horse Dresden galloping to the finish line. Closes with "The End" over animation of the earth spinning in space.
Whitewater Hearings August 1, 1994 - Part 1
(11:35:38) Senator SASSER. Right. Did you make any attempt to contact either the General Counsel for the Treasury Department, Ms. Hanson, or Secretary Altman to tell them, in your judgment, it might be unwise or even improper for Ms. Hanson to contact Mr. Nussbaum and tell him about these referrals that might be coming? Mr. ROELLE. I don't think that was the discussion. We weren't discussing the referrals. I had told Senator SASSER, Excuse me. You were just discussing the press leaks. Mr. ROELLE. Yes, sir, and it wasn't about the referrals, specifically. It was the fact that the referrals were now apparently public information, insofar as the press had them, and we had been told by inquiries from the press that it was likely to run in the next day's or the following day's newspapers. Senator SASSER. I guess the question I have then-I see my time is expired, Mr. Chairman, But, I guess the question I have is if these referrals were public knowledge-that is, the press had them and you thought they'd be in the press the next day-what was wrong with, in that instance, the General Counsel, Ms. Hanson, discussing it with Mr. Nussbaum, because they were going to be in the newspaper? Mr. RoELLE, I don't recall ever saying that I thought there was anything wrong with it. I think that, in most of these situations, it's not a matter of right and wrong. It's a matter of- Senator SASSER. Appearance? Mr. ROELLE. To me it is. But I come from a long history of being a regulator and dealing with these matters in absolute confidentiality. I think, in my testimony to your staff, I indicated that I was making no judgments as to the ethics standards or the law. It would just, in my judgment, had been better had nobody known about just, Senator SASSER. Would it have been better if the press had not known about it? Mr. ROELLE. Absolutely. Senator SASSER. All right. Thank you, Mr. Roelle. The CHAIRMAN. Thank you, Senator Sasser. Senator Mack. OPENING COMMENTS OF SENATOR CONNIE MACK Senator MACK. Thank you, Mr. Chairman. Mr. Roelle, you have previously testified that during his first staff meeting in March 1993, you spoke to Mr. Roger Altman, then Acting CEO of the RTC, regarding Madison Guaranty's first criminal referral. Is that correct? Mr. RoELLE. That's correct. Senator MACK. Drawing your attention to the fall of 1993, it was Your testimony that you informed Mr. Altman of the nine new Criminal referrals of Madison matters on September 24, 1993. Is that correct? Mr. ROELLE. I thought it was September 27, 1993. I'm not sure. But I did notify him, yes, sir. Senator MACK, All right. I think that, as we go through this, it might shed some light on the dates. 20 Mr. ROELLE. OK Senator MACK. In this conversation, that I just referred to, was it your understanding that Mr. Altman then made reference to you speaking to Jean Hanson about the nine new referrals? Mr. ROELLE. That's correct, sir. Senator MACK. So then, you bad a subsequent conversation to that with Ms. Hanson? Mr. ROELLE. Yes, Sir. Senator MACK. Do you have any idea when that conversation took place? Mr. ROELLE. The same day, sir. Senator MACK. This conversation with Ms. Hanson took place on September 27, 1993? Mr. ROELLE. I believe so, yes, sir. Senator MACK. Can you reconstruct your first conversation with Ms. Hanson for us? Mr. ROELLE. I think it would be instructive if I went over the whole conversation with Mr. Altman and Ms. Hanson, if that would be appropriate. Senator MACK. Did this take place on September 27, 1993? Mr. ROELLE. I believe they occurred on the same day, yes, sir. Senator MACK. Are you going to describe the conversation with Roger Altman and then a subsequent conversation with Ms. Hanson? Mr. ROELLE. Yes, I think that would put it in perspective. Senator MACK. Fine. Go ahead. Mr. ROELLE. I bad been notified that we had some criminal referrals going forward. I bad been notified on the previous evening. I inquired of the person that notified me what the nature of the criminal referrals was. He indicated that these referrals were going forward and it was on the Madison situation. He described them to me briefly. I said, "It sounds an awful lot like the previous criminal referral. Would you please check to see if it's not just the same one?" He said be would and would call me back the next day. He called me back. I indicated to him, OK, thank you very much. I'll have to brief Mr. Altman. I advised him to neither look right nor left, up or down, to proceed forward with these criminal referrals and to do it just like we would do it. Senator DODD. I'm sorry. Advised, who? I'm losing the names here.
Brush Fires Destroy Homes in California
"Two days of Southern California brush fires blacken 50,000 acres, destroy 42 homes, and kill one. Winds up to 50 M.P.H. whipped the flames. Police launched an arson investigation." LS wildfires burning out of control on hillside, emergency crews on road in FG. LS wildfires engulfing hills. Panning TLSs brush fires. TLS burning shed. Panning MS scared jackrabbit running across street. Nice shot of high noon sun burning in sky, obscurred by thick black smoke. More shots fires.
Paris Baby Dior Shop Opened by Princess Grace
A "Baby Dior" fashion shop opens in Paris and Princess Grace does the ribbon-cutting. The shop outfits infants-to-school aged kids in the nattiest napery in town! The exterior facade of the store is shown. Small window boxes are hung from each window of the five-story building. Princess Grace emerges from a car. She cuts the ribbon. A quick shot of the story's name. Various shots of reporters photographing the Princess as she shops and the store's display windows. Princess Grace emerges from the store.
Colts - Cowboys
In a real squeaker, the Baltimore Colts squeeze by the Dallas Cowboys, 23-17, with Lenny Moore scoring the deciding T.D. with only 90 seconds to go. The colts remain the only unbeaten team in the NFL. A black screen reads, "Football - Colts 23 - Cowboys 17." A variety of passes are shown. A fan listens to the game's broadcast over a radio headset.