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Anniversary For J. Edgar Hoover
Anniversary For J. Edgar Hoover. FBI Chief observes his 40th Anniversary as the nation's Chief Law Enforcement Officer. He receives a bronze bust of himself as one of the many tributes paid to him on the occasion. He is 70 and at the request of President Johnson will continue to head the FBI. Washington DC J. Edgar Hoover and Emit MaGayhe, a former FBI Agent standing in his office. MS - Former FBI Agents attending this small and personal ceremony. MS - Emit MaGayhe unveils a bust of J. Edgar Hoover. CUS - J. Edgar Hoover bust. MS . A smaller bust is handed off to J. Edgar Hoover that he can pass out to his friends and associates.
Tornado Smashes Into Michigan
12 persons perish - 50 others are injured as a tornado rips through Southeast Michigan - some 20 miles north of Detroit. 200 homes are destroyed and several hundred others badly damaged. Michigan Complete devastation, trees in the ground with branches and leaves totally ripped off, and piles of broken up wood. MCUS - The remains of a house and stripped and broken trees. CUS - A car totally covered by house debris and trees. MCUS - Another home that was torn apart by the tornado. MS - A foundation and some landscaping that survived the tornado, the hose is gone. MS - Every thing is gone from around this house but the house sustained some damage but in spite of it all remained standing.
White Water Racers Compete
Spring starts the white-water Kayaks Racing in Europe. In the Eiffel Mountain region - this race is run down a slick slalom course....plenty of chills and spills....and thrills. Germany A whitewater river in West Germany. A Kayaker takes on a small waterfall others follow. An exciting shot of a Kayaker slicing through the whitewater, this is called a "pirouette". The water is extremely turbulent. MS - Kayaker navigating his ride through a hanging gate, he goes over a small fall and he gets dunked and a 50 second penalty is given. MS - One Kayaker looses it just before the finish line.
Brandt In US: West Berlin Mayor Meets With Johnson
A favorite German, West Berlin's Mayor Willy Brandt meets with President Lyndon Johnson in Washington. The Mayor receives assurances from the President that the United States will continue to uphold freedom's cause in divided Germany. Washington DC Exterior shot of the White House. MS - West Berlin's Mayor Willy Brandt walking with President Lyndon B. Johnson in the rose garden. MCUS - Washing press with their cameras. MCUS - Mayor Brandt and President Johnson. CUS - Willy Brandt and President Johnson sitting down inside the White House drinking coffee with German and American aids in the back ground. MS - Washington DC press. MS -Secretary of Defense, Robert McNamara shaking hands with Mayor Brandt other government officials follow.
August 1, 1994 - Part 3
(13:55:19) Senator DODD. Mostly in the press? Ms. KuLKA. Certainly, at some point, in the press, sir. Senator DODD. Mr. Ryan? Mr. RYAN. No, I'm not aware of any either, Senator DODD. Mr. Katsanos? Mr. KATSANOS. No, sir. Senator DODD. To your knowledge-and again anyone here-to your knowledge, did anyone who learned about the referrals-and we may find more who learned about the referrals--did an one use this case? that information in any way whatsoever to interfere with Mr. RoELL.E. No, sir, not that I'm aware of Senator DODD. Ms. Kulka? Ms. KuLKA. No, sir. Mr. RYAN. Not that I'm aware of. Mr. KATSANOS. No, sir. Senator DODD. I think that's an important point, Mr. Chairman, to make. Again, who had the information is important, but what they did with that information and to what extent they used that information to, in any way, try to pressure the RTC from doing its business is also important. These are the witnesses uniquely qualified to answer that question and the answer has been no. Mr. Chairman, I think at this point it might also be worthwhile to include in the record this morning pages 7, 8, and 9 of the Office of Government Ethic,' analysis of the meetings between Ms. Hanson, Mr. Nussbaum, and Mr. Sloan. I found that tremendously worthwhile. It's technical in nature, but our colleagues ought to focus on those pages, particularly when it comes to both the legality and the propriety of that information being shared. I would ask unanimous consent that be included in the record. The CHAIRMAN. We had included that in the record, but I think drawing your attention to those pages is also appropriate. Senator Bond, a vote has started. You're next. Id like to start with you and see how far we can get and, in light of the fact we're going to have to adjourn for this vote, we should go on. I'd like to resume. I've talked to all the Members present. Some wish to have a few additional questions. Some think they'll need the whole time period, some not, I think we can finish here. I'd like to do that right after this vote so we can save the remainder of the day for Ms. Hanson, who I think we need to hear from. She will address many of these same issues, and I'd like to bring her on as early this afternoon as we can. But I want to make sure-everybody has a chance to finish up with these witnesses. Senator BOXER. Mr. Chairman 65 Senator SARBANES. Can we get some sense of bow much time this panel will involve, because some of us may not have any further questions for this panel. The CHAIRMAN. I think, from my estimation here, 30, 35 minutes from what Members have said to me. Now, that can change based on what develops, but that's my best estimate based on asking each Senator Domenici. I'm going to go vote and come back. inn Senator BOXER. Mr. Chairman an, I'm going to do the same. I'm going to vote, come back, and have my questions. The CHAIRMAN. Very good. Senator Bond. Senator BOND. Hopefully, we can go quickly and finish up in 7 minutes. I'm going to follow up on the line of questions asked by my good friend from Connecticut. I want him to know that. Senator DODD. I'm going to stick around. Senator BOND. We have bad in the record significant discussions. The written answer provided to me by the RTC said the reason that you don't disclose an ongoing investigation is because it may serve to alert a suspect that an investigation may be pending and enable the suspect to conceal or destroy evidence, conceal or dissipate the proceeds of the crime, fabricate evidence, or otherwise impede the investigation. That's correct, Mr. Ryan? Mr. RYAN. That's correct. Senator BOND. If a subject or a suspect who had been tipped off had concealed, destroyed, dissipated proceeds, or fabricated evidence, you may not know that. Is that correct? Mr.RYAN. That's correct. Senator BOND. Thus, when you say that there has been nothing as a result of this tipoff that would impede the investigation, you can speak with knowledge about the work going on internally at the RTC, but do you have any means of knowing whether any action was taken by any of the people mentioned in the referral, whether it was Governor Tucker or other subjects? Do you have any positive knowledge that no steps were taken by the people named in the referral? Mr. Roelle? Mr. ROELLE. Sir, I think I answered that. I'm not aware of anything. Senator BOND. Ms. Kulka? Ms. KULKA. I would have no knowledge, sir. Senator BOND. Mr. Ryan? Mr. RYAN. I would have no knowledge. Senator BOND. Mr. Katsanos? Mr. KATSANOS. There's no way to make that determination. Senator BOND. That's precisely the reason you don't disclose it, because you as regulators would have great difficulty finding out if there was a premature disclosure and you bad not been able to proceed with your investigation. Ms. KULKA. Sir, that is why I continue, in every forum I have, to try to protect the information that we are gathering with respect to our investigation. I am concerned, sir, that it could be released to anyone who does not have an absolute need to know because of its utility for other people, and it goes way beyond the specific issues you've raised. 66 Senator BOND. I would agree with you. I think it is quite accurate. I would ask, Mr. Ryan, the Office of Government Ethics report that we've discussed, laid out specifically why possibilities of a leak or press inquiries were not an adequate basis for destroying the confidentiality. Do you agree, and is it the policy of the RTC that the possibility of a press inquiry or a prospective leak is a sufficient reason to divulge confidential information?
August 1, 1994 - Part 3
(14:01:05) Mr. RYAN. I have not seen that report. I haven't had an opportunity to review it in depth. Senator BOND. Let me ask you another way. Were you to have' an exception that said if there was a prospective leak or a possible press inquiry, would that not open you to disclosure of every piece of confidential information? Mr. RYAN. It would. Senator BOND. Excuse me, let the record say that Mr. RYAN. It would. Senator BOND. -Mr. Ryan said that it would. Because, once the press found that the RTC was a great fishing ground, you could expect Mr. Katsanos' phone to ring 24 hours a day. Is that correct? Mr. RYAN. That's correct. Senator BOND. Mr. Katsanos? Mr. KATSANOS. That is correct. The CHAiRMAN. Sounds like it's been ringing 24 hours a day. Senator BOND. I bad some questions for Mr. Roelle. The CHAIRMAN. He'll be back in just a -moment. Ile had to step away for a second. Mr, KATSANOS. Senator Bond, may I inject one point here on the question of referrals? Senator BOND. Yes. Mr. KATSANOS. Our policy is if a reporter approaches our office and has information, and in our determination very good information, about a referral, we still would not acknowledge it. Senator BOND. I thank you, sir, and I believe that makes great sense. Ms. Kulka, let me turn to you. What was it that led you to write the memo on February 4, 1994, discussing appropriate limitations on discussion? Was there a query? Was there information that came to your attention that necessitated such a memo? Ms. KULKA. I think it was partly my frustration for seeing how things operated at the RTC, especially Mr. Katsanos' Early Bird, which I believe spread information around to inappropriate people. For instance, those things are not marked confidential. They're not delivered in sealed envelopes. They are delivered to the outside inbox so anyone passing through my office, for instance, could see them. I thought they provided a lot of information or misinformation that we would neither want to deny nor admit, and that was endemic to what was going on at the RTC that caused me the kind of concerns that led me, after the discussion with Mr. Ryan, to issue this memo. Senator MACK. With respect to-was there a particular reason why that memo was written 2 days after the White House meeting? Ms. KuLKA. No. 67 Senator BOND. You did not know about the White House meeting'? Ms. KuLKA. That's correct. Senator BOND. In preparing the briefing for the February 24, 1994, appearance before the Banking Committee, did Mr. Altman or Ms. Hanson reveal to the people involved in the meeting the existence of the fall 1993 briefings to the White House? Ms. KuLKA. No. Senator Bond. That was not discussed? Ms. KuLKA. That's correct. Senator BOND. Mr. Roelle, in your first meeting with Mr. Altman, he laid down certain guidelines with respect to special measures to be taken when there were high-profile individuals affiliated with failed S&L's. Is that correct? Mr. ROELLE. The first meeting on Madison? Senator BOND. March 1993. Mr. ROELLE. Yes, sir. Senator BOND. Mr. Altman said he didn't want to read it in the paper. Mr. ROELLE. That's correct. Senator BOND. This became your standard operating procedure. You wanted to make sure he didn't read any of these things in the paper. Mr. RoELLE. That's correct. ..Senator BOND. If they involved high-profile individuals. Mr. RoELLE. That's correct. Senator BOND. Mr. Roelle, were you involved in any discussions with Mr. Altman, Ms. Hanson, Mr. Newman, or other Treasury officials in the time period of March to May 1993, on the issue of the RTC's position on extending the statute of limitations which, as you may recall, was conveyed in a reversal of policy and the letter signed May 4, 1993, by Mr. Altman, in which the RTC went on record as saying it no longer supported extension of the statute of limitations? Mr. ROELLE. Yes, I'm aware there were a number of discussions. Senator BOND. Who was involved and what was the subject of those discussions? Mr. ROELLE. It's whether-there's two issues, just so everybody understands. There's two issues relating to the statute of limitations, There's one relating to our ability to pursue cases that have wrongdoing with regard to willful intent and fraud. And then there was the issue-the later issue with regard to some of the States being in conflict with
Queen Attends Royal Ascot
(Letterboxed, compressed full-screen 1.85:1) "This is the place to go when you want to watch the nags, the thoroughbreds run. The Queen leads a posh crowd attending the Royal Ascot and many people actually watch the race." LS Queen Elizabeth II and entourage walking onto racetrack. MS Queen Elizabeth II. High angle LS crowd at track. CU woman looking through binoculars. Panign TLS start of horse race. CU high society woman wearing clamshell hat, gloves, raising binoculars to eyes. Panning h/a LS last stretch of horse race, winner Zalukas crossing finish line. H/a TLS Zalukas & jockey being led to victory circle.
Space-Monkeys
Aerospace monkeys demonstrate their reactions to audible and visual commands while simulated altitude pressures are changed. The tests indicate the probable reactions of future astronauts. A monkey is held in a retaining device. A caged monkey plays with dials. A technician adjusts knobs on a laboratory control panel. Several shots of a monkey undergoing a flight simulation test. Close caption video footage of the monkey during test.
August 1, 1994 - Part 3
(14:29:15) Hearing resumes: The CHAIRMAN. We invite the witnesses to come back to the witness table. 69 Let me say to all of you, I know it's been a long morning and it's difficult to be here for that length of time. We're sensitive to that and I think we'll be able to finish up in a reasonable amount of time now that we've resumed. There are a few Senators that have some remaining questions for you, so we'll try to work through those. When we finish, it would be my intention to take a late afternoon lunch break, a half hour or thereabouts. I'll set the time exactly when we finish. When we complete that, we'll have Ms. Hanson in this afternoon, take her statement, and proceed with questions in her instance. Senator Boxer, let me yield to you now. Senator BOXER. Thank you very much, Mr. Chairman. Let me say, since this is my last round, I appreciate the witnesses' candor with us, You have told us what you believe and you've said it straight from the shoulder. We can't expect any more of you than that. I feel very good that you're the kind of people you are. To go back to had little discussion with Mr. Katsanos over this Early Bird, I would just give you-you didn't ask me for this-but just a little bit of my own experience as a reporter. Many times when I was working on a story, the result was it didn't pan out. Sometimes you start on a story, you ask a lot of questions just to get some light in somebody's eye, and the thing never materializes. If somebody repeats certain accusations you make, by way of a question or whatever else, it could really do damage. So I would urge you-and I would address this to Mr. Ryan more than you, because you work for him. That's my understanding. Is that correct? Mr. KATsANos. That is correct. Senator BOXER. Since, presumably, only six people get this, I would just do a little E-mail and mark it confidential if there's something they need to know about. I think a lot of this stuff is just rumor and garbage and I don't think it serves the taxpayers to be spending our money in that way. It reminds me, we all know that it doesn't feel great to wake up in the morning and see a press story. I mean, gosh, we're elected by the people. We don't want to see a bad press story. But if we or our staff spent our waking hours printing up what might be said by the press or what we might read, we wouldn't get our work done. Therefore, I would urge that we give this thing a little burial. That's my suggestion. I nave a question for Mr. Ryan, Ms. Kulka, and Mr. Roelle, and I think it's just a yes or no. I'll start with Mr. Ryan and work down through the three of you. Did Mr. Altman or Ms. Hanson ever ask for details about the content of RTC criminal referrals or the civil investigation of Madison Guaranty? Mr. RYAN. No. Ms. KULKA. No, Senator. Mr. ROELLE. No. Senator BOXER. Did Mr. Altman or Ms. Hanson ever ask for information on the progress of the criminal referrals or on the status of the RTC civil investigation of Madison? Mr. RYAN. Not to me, no. Senator BOXER, Ms. Kulka? 70 Ms. KULKA. No, other than to make sure that it was-the civil investigation was ongoing, that was the only information asked for or received. Senator BOXER. Mr. Roelle? Mr. ROELLE. No. Senator BOXER. Did any White House staff ask you for details about the content of RTC criminal referrals or the civil investigation of Madison Guaranty? Mr. RYAN. No, Senator. Ms. KULKA. No. Mr. ROELLE. No. Senator BOXER. Have any of you been pressured by the White House staff to take certain action on or come to certain conclusions about the Madison Guaranty case, either criminal or civil? Mr. RYAN, No. Ms. KuLKA. No. Mr. ROELLE, No. Senator BOXER. The reason I wanted to ask those questions for the American people, was because I think that when we're looking at the substance of this investigation ' it's important to note Mr Chairman, that none of these witnesses-actually, we have in the case of Ms. Kulka, she's in charge of the lawsuit-but none of them have stated they had any pressure brought upon them, in any way, on either the criminal or the civil side of this investigation. I think it's important for us to ferret where the pressure points were on the RTC. They certain] weren't coming from the White had House, or from Mr. Altman or Ms. Hanson, as we can tell fro these witnesses, who I have no reason to believe were not telling us the truth, nor do I think my Republican friends believe that to be the case. So, here we have witnesses stating very clearly that no pressure was put on them, vis-a-vis the substance of these investigations. As I look at where the pressure points are, maybe we can take the issue of the hiring of Mr. Stephens. He was certainly a con-' controversial appointment, given his record of on-the-record criticisms of this President. I read them myself. They're pretty harsh. He has every right to' make those, but the fact is, this is the man who was hired via Pillsbury. Ms. Kulka, am I correct in asking you, in suggesting that you have stated to the Committee that no pressure was put on you to dismiss Mr. Stephens once be was hired, Is that correct? Ms. KuLKA, That's correct. Senator BOXER. No one asked you to fire Mr. Stephens or in any way change the hiring of Pillsbury? Ms. KULKA. That's correct. Senator BOXER. Is that correct, Mr. Ryan, from your standpoint? Mr. RYAN. That's correct. Senator BOXER. All right. We bad no pressure put on either of these areas. In my, view, there was a lot of talking, too much talking going on, vis-a-vis the Early Bird, within the RTC and you don't even know who leaked a lot of this. As I understand it, Mr. Ryan, you're going to see who's been leaking some of this information. Is that correct? Mr. RYAN. That's correct.
August 1, 1994 - Part 3
(14:35:13) 71 Senator BOXER. I urge you to do that, There was lots of talking, in my opinion, inappropriately, by the White House staff. We're here to function as a Government, to live with the services people need, to have an economic strategy for this Nation, which we finally have on course, and many other things. It seems to me to be a waste of time to rap to one another about what may or may not be something the press is going to write about. It's a hum-an instinct , but I think it doesn't serve any of us well. I believe, by the way, that lesson has been learned. If we're to believe Mr. Cutler, and I believe he's an honorable person, he essentially said too much talking on and on. As I look at it, Mr. Chairman, I'll close here at this point, Where were the pressure points on these people? There were a couple of pressure points, but they came from Members of Congress. I think that's the news of the day. Ms. Kulka testified that outside of Members of Congress suggesting bow to handle Whitewater, in doing tolling agreements and all that, no one else got involved in anything to do with this matter. I'm not saying the pressure was inappropriate. Don't get me wrong. A meeting was set up by Senator DAmato and, as I understand it, on further discussion with the Chairman, the Chairman had nothing to do with that meeting. That meeting was set up by Senator DAmato. He summoned, or summoned through his staff, Mr. Ryan, who never before bad ever come up to the Hill, to answer these types of questions, There was pressure put on, but, as far as I'm concerned, the pressure did not come from Mr. Altman, Ms. Hanson, the Treasury, or White House officials. While there was altogether too much talking, the pressure points didn't come from the White House. Ironically, it seems to me, more pressure was coming from the Congress. I'm finished. The CHAIRMAN. Yes, I know. I'm just checking to make sure we covered everybody who wanted to be recognized on the first go around. We're starting down the second time. Senator Hatch has spoken so it would be Senator Faircloth's opportunity. Senator FAIRCLOTH. Thank you, Mr. Chairman. The CHAIRMAN. We'll come right down the table on that side and this side in rotating order. provided document Senator FAIRCLOTH. On the question that the RTC ' to Representative Leach, in addition to placing the RTC's legal brief in their action with Mr. Leach in the record, I would also move that Re presentative Leach's brief in that case be made a I part of this record. The CHAIRMAN, Can I take that under advisement? I have no idea what's within the scope of what they've assembled, and I want to make sure some of the stuff they have doesn't go beyond our scope requirement. I'd be happy to look at that. I'm not familiar with it. If I can reserve on that, we'll take a look at it and if there's no problem we'll put it in. Senator FAIRCLOTH. No problem. Ms. Kulka, earlier, Mr. Ryan confirmed that the RTC has in its Possession a report prepared by Memphis attorney Stanley HugOns, known as either the Huggins report or the Garish report. Ms. Kula', have you seen this report? Ms. KuLKA. I've seen a report by Mr. Garish. 72 Senator FAIRCLOTH. Has anyone at the White House or one of their personal attorneys contacted you about it? Ms. KULKA. No, sir, Senator FAIRCLOTH. Do you know it anyone outside of the RTC has a copy of the report? Ms. KULKA. I have DO way of knowing, sir. Senator FAIRCLOTH. I understand that you moved from the Office of Thrift Supervision to the Resolution Trust Corporation about the middle of January 1994. Ms. KULKA. That's correct. Senator FAIRCLOTH. Your second workday you begin to discuss' the matter of Madison Guaranty Savings & Loan with Roger Alt Senator FAIRCLOTH. Only Madison. Ms. KuLKA. That's correct. Senator FAIRcLoTH. The investigation of Madison was the only investigation you discussed with him. So, as far as you know, Madison was the only RTC investigation that any RTC staff briefed Mr. Altman on. Ms. KuLKA. I don't know, sir, but that's the only one where we received so many congressional inquiries at that time. Senator FAIRCLOTH. But that's the only one you talked to him about. Ms. KuLKA. That's correct. Senator FAIRCLOTH. How many times did you discuss Madison: Guaranty with Mr. Altman? Ms. KuLKA. To the best of my recollection, other than the briefings for the oversight board hearings, it may have been 2 or 3 times. Senator FAIRCLOTH. Do you remember the dates? Ms. KuLKA. I really don t, sir.
Strike Bound:---Philadelphians Walk
Strike-Bound:---Philadelphians Walk---U.S. Studies Dock Tie Up Image is dark and hard to see. The rash of strikes that have hit vital services along the East Coast spreads to Philadelphia's transportation system. Half million people are walking to work or making use of hastily contrived car pools as streetcars, subways and busses lie idle in a wage dispute. New York City newspaper strike, now in its 6th week, seems to be headed for still further stalemates. The President's fact-finding board is trying to work out an agreement that might end the multimillion dollar longshoremen s strike. People walking along busy street, traffic. Strikers, men wearing signs. Buses parked in terminal, idle. Subway station - sign "Station Closed". Empty train station (subway platform). Commuters packed in suburban train station. People, commuters going through turn-style in train station. Policeman directing traffic. Group of African American women wearing winter coats lined up along street, waving thumbs (hitch-hiking). Group of people run for taxi-cab, people pile into cab. Traffic at stand still. Strikers walking along sidewalk. Interior of empty newspaper office. Queen Mary docked. VO says office workers are pulled in to help dock vessel because of the strike. Men pulling ropes, towing in liner. 2 Men push cart full of suitcases. Woman and man pushing their own luggage. Two men carry trunk down street. Low angle bow of Queen Mary liner.
Yesterday's Big Story - Truman was sworn in as President and Funeral of FDR
Yesterday's Big Story. In April 1945, Harry S, Truman was sworn in as President of the United States just four hours after the sudden death of Franklin D. Roosevelt shocked and saddened the free world. Men and women wept openly as the funeral procession moved slowly through the streets of Washington en route to the final resting place at Hyde Park, New York. Harry S. Truman is sworn in, in one hand he holds the bible and the other hand is raises as he's sworn in into Presidential office. MS - Outside shot of the White House the flag is flown at half mass in honor of the late President Franklin D Roosevelt. MA - There's a funeral procession and it the casket carrying the remains of President Roosevelt. People line the streets crying openly. Above shot - Shot of the cars in the funeral parade. MCUS - A lady of color openly crying.. MS - President Roosevelt's remains are carried on the Hyde Park Estate. CUS - Senator Bartley, "Arvin". CUS - Supreme Court Justice, Fred Vincent CUS - New York Senator, Herbert Layman, CUS - Chief of Staff , George Marshall with Admiral, Earnest King. MCUS - President Truman and his wife attend the funeral. MLS - His casket being lowered and there must be 1,000 bouquet of flowers at the grave site.
New Missiles
Kwajalein in the Pacific is the site of experiments on a new anti-ballistic missile system. The proposed missile sites, some twenty across the country, would use intercept-missiles armed with nuclear warheads to stop any attack from Red China. Aerial footage shows a military island base in the Pacific. Artist conception of the missile base. Three individual shots of missiles being launched- the first is the best. Five missiles travel through the air- contrails. A missile explodes turning the night, wham, bomb, pow!
August 1, 1994 - Part 3
(14:40:22) Ms. KULKA. No. Senator FAIRCLOTH. No records or notes of the meetings? Ms. KULKA. I combed through h my records, sir, and I don't have any notes. I have calendar indications of meetings, but they could have been on a wide variety of subjects. There's nothing to tell me when I may have discussed this subject with Mr. Altman. Senator FAIRCLOTH. It would appear, then, if you were having a meeting with your boss, Mr. Altman, on something of this important of an issue, that. you would have kept some note or record or made notes of what you were doing and when you did it. Ms. KuLKA, Yes, sir. Senator FAIRCLOTH, Did you discuss any of the other pending RTC investigations into savings and loan's with Mr. Altman or only Madison? Ms, KULKA. Only Madison, sir. Ms. KuLKA. I had sorry, sir, but I did not. Senator FAIRCLOTH. All right. The RTC was investigating to find out who was responsible for $50 million in losses at Madison Guaranty, losses that the Federal taxpayers had to make good. Based on its investigation, the RTC could bring civil suits against persons who were responsible for questionable financial dealings or who had benefited from them, civil suits to get some of that money back 73 to the taxpayers. Unless Congress acted, the statute of limitation was going to expire on February 28, 1994. Persons who might be responsible for some of the $50 million that the taxpayers lost in eluded President and Ms. Clinton, their political and business associates . Was Mr. Altman aware that the statute of limitations was set expire on February 28, 1994? Ms. KULKA. Yes, sir. Senator FAiRcLoTH. Did you discuss what the option might be if the RTC did not meet the deadlines? Ms. KuLKA. Yes, sir. Senator FAIRCLOTH. What else did you discuss with Mr. Altman, Ms. KULKA. I discussed the reasons why private persons might be willing to execute tolling agreements and why they might not be willing to execute tolling agreements. Senator FAIRCLOTH. All this you, did without notes as to when you did it, and what you talked on. You just simply went in bad a little circular verbiage, came back out, and forgot it. You didn't know when, what, or why. Is that right? Ms. KULKA. I didn't forget my conversation, sir. I recollect the main points of it, and I don t invariably, , speak from notes. Senator FAIRCLOTH. Did you ever talk to Robert Fiske? Ms. KULKA. Yes. Senator FAIRCLOTH. What did you talk to him about? Ms. KuLKA. I talked to him on a couple of occasions about coordinating our investigations and dealing with information in similar matters. Senator FAIRCLOTH. That's all ' Mr. Chairman. The CHAIRmAN. Senator Sasser. Senator SASSER. Thank you very much, Mr. Chairman. I really just have one question, which I want to direct to Ms. Kulka. Ms. Kulka, as I beard it, you testified earlier today that you told Mr. Robert Altman that you would indeed file a civil case against Madison before the statute of limitations expired, if it were warranted. Ms. KuLKA. Yes, that's to Roger Altman, sir. Senator SASSER. I said Robert, didn't I? Ms. KuLKA. Yes. Senator SASSER. You're a good listener. I guess what I'm trying to resolve in my own mind is, if an attorney for a matter, who was about to be sued, somehow got wind of the information that you gave Mr. Altman, that you were going to go ahead and bring suit before the statute of limitations expired, if it were warranted, what value is that information to anybody? Ms. KuLKA. I don't care to speculate, sir. Senator SASSER. Let me just say, I think, as one who used to be a practicing lawyer for 15 years, it's of absolutely no value. In other words, what you're saying is yes, the RTC is going to bring suit in a civil case against Madison before the statute of limitations expires, if it is warranted, and if it is not warranted, if the facts don't justify, then you will not bring a suit. But you're going to make that decision, and if it's justified, move forward before the statute of limitations expires and bars the suit, If that's the information Mr. Altman got, and if he were to pass that on to anyone, particu- 74 larly the attorney representing Madison, it would not be of any particular value whatsoever. It would just simply say that you better-that you're going to bring the suit before the statute of limitations bars it, if there is-if you perceive there's merit to the suit That's it. That's no big deal, at least as I read it. I guess that's my only question, Mr. Chairman. The CHAiRmAN. Thank you, Senator Sasser. Senator Bennett
Cougars
Master 2100, Tape 1 MS Cougar, aka Mountain Lion, aka Puma (Puma concolor) laying on rocky clifftop. Another cougar approaches and stands besides the resting cougar. The second cougar walks off. MS resting cougar panting. MS cougar standing on rocky clifftop. The cougar sits on his haunches. The cougar walks over and lays down on clifftop. Zoom out to TLS of cougar on top of cliff. The cougar walks down the rocky cliff; he is obscured at times by the dense brush. MS cougar sitting on cliffside, nearly totally hidden by the brush.
August 1, 1994 - Part 3
(14:45:40) Senator BENNETT. Thank you, Mr. Chairman. Is this working again? All right. They gave me another one just in case. First, let me make an editorial comment, which I hope is in the nature of a compliment, Ms. Kulka. We understand from the testimony of a number of people that, at least, Mr. Nussbaum was quite concerned about the possibility that you would become the decisionmaker on this case if Mr. Altman recused himself. He described you in somewhat less than flattering terms, but the bottom line was that he thought you were too tough. I think Mr. Nussbaum's judgment about what would happen if you were made one of the decisionmakers was probably a correct one. I think you' would be tough, fair, and honest, and I think he was rightly concerned that Mr. Altman's recusal would put you in that decision,making tree. Let's go back to a coversation-a meeting that you talked a little bit about before. I simply Want to flesh out where the meeting was, and that there was a discussion of whether or not people would be willing to sign tolling agreements. Was Mr. Steiner there? Ms. KuLKA. I wish I could recollect exactly who was there, sir, but I cannot. Senator BENNETT. Can you tell us what was said? Ms. KULKA. Basically, Mr. Altman, who was not familiar with this kind of litigation, was asking why people would sign tolling agreements and under what circumstances would you try to get tolling agreements. I think I explained that if you thought you would want more time to shape up your case, if you could show it was also in the interest of a potential defendant to have more time, or if you thought it might lead to negotiated settlement, which would avoid expensive and lengthy litigation, that was it, Also, that different potential defendants have different personal needs. Some can't financially afford the litigation, and they may be willing to sign tolling a agreements even though they may be advised the case against them, from their own attorney's point of view, isn't strong. Or, as I told Mr. Altman, a political figure, who would have a great deal of difficulty not giving a tolling agreement even if that person felt that the case was not strong, because of the political heat he or she would take. Senator BENNETT. Did you specifically talk about any political figure, other than the generic class? Ms. KULKA. I think it would be inappropriate for me to discuss an thing other than that. Senator BENNETT. I see. The CHAIRMAN. On what ground? Ms. KuLKA. I think that I have an obligation to protect the confidentiality of my investigation, and I think, very strongly, sir, that I have tried to assert that in every forum. To the 'extent there are disclosures made, I do not want to waive any of the privileges this 75 agency has. I think for the General Counsel to do so would be inappropriate The CHAIRMAN, I just want to understand, If you're withholding an answer based on the fact that you think it's material to an ongoing investigation by someone, then I think that's an entirely appropriate response on your part. I just want to understand if that's the ground on which you're filing that reservation. Ms. KULKA. That's correct, The CHAIRMAN. Thank you. Senator BENNETT. You realize, there is the potential of an impression coming out of this, that there was discussion as to whether or not the Clintons would be willing to sign a tolling agreement, and what-I mean, you can take it from there. You &A have to be very astute in this town to know the kinds of implications that will be drawn from this. Ms. KULKA. I deplore the drawing of those implications, and I'm not able to deal with them. Senator KERRY. The same drawing of implications would allow you to draw the implication that, if the RTC were seeking tolling, given the history of leaks, it would be well nigh impossible for the Clintons to avoid signing it because of the political reality. If we're going to draw implications, let's go the distance. Senator BENNETT. I can't control in which direction the implication Senator KERRY. That's why it's better not to draw them, I think. Senator BENNETT. I have not drawn 'any. I'm just pointing out that the failure to answer will make it possible for some people to do that. Senator BENNETT. I have nothing further, Mr. Chairman. I'll yield my time to Senator Hatch. The CHAIRMAN. To whom?
Homes Razed By Wild Fire
Spectacular pictures showing blazes and billowing smoke which, in a few hours destroyed 17 Boston homes and severely damaging 19 more at the city line between Boston and Dorchester. 300 left homeless. Fortunately no lives were lost.A tragedy due to old, wooden, firetrap tenements. Boston, Massachuetts A neighborhood in Boston with rolls of two-story frame homes on fire. A lot of people on the street, the fire department with their hoses streaming water trying to contain the fire from spreading any more. MS - Looking down a gangway you see the flames and smoke shooting out of the buildings. MS - Back of one of the building's with the third and second floor engulfed in flames and smoke. You see the stream of water coming out of the fire hose. MS - An absolutely frightening sight of these houses totally engulfed in a very menacing fire. MSOH - Crowds gather on the streets to watch in horror the fire eating up the houses. MS - Firemen getting more hose to fight the fire off the fire trucks. MS - Firemen with their hoses spewing water fighting the fires. MS - People inside their apartments / homes handing whatever belonging s they can save. MS - The houses are totally in a casement of fire, you can see some of the skeletal building materials.
Labor and Management Share Spotlight in Louisville Show
Down in the Blue Grass country, the AFL-CIO Union Industries Show of 1964 opens a 6-day run at the Kentucky Fair and Exposition Center, Louisville. IATSE President Richard R. Walsh participates at opening ceremonies of the multi-million dollar exposition. Louisville, KY A logo 'American operation of labor and Organizations'. MLS - Union members and in the back of them is a curtain, 'Americans at Work - AFL- CIO Union Industries Show' MS - Richard F Walsh steps up to the podium to address the workers. MS - A four sided sign turns, "Be Union and Buy Union, It Pays' .MS - Different exhibits in the show, Boot & Shoe Workers Union - Brotherhood Potters and Brick Layers.
Olympic Hopefuls In California Relays
Out Modesta way, Ralph Boston betters his own American broad jump record of 27 Feet - 13 1/4 inches by notching another quarter of an inch. The Mile Run has a finish that looks like a dead heat as Dyrol Burleson Early in the evening the sports crowd has gathered together to watch future Olympians of tomorrow. MS - The sports crowd sitting together in the early evening. MSOH - 100 Yard dash. MS - The Long Jump, Ralph Boston and he breaks his own record. 1 mile race.
World Mourns Nehru
A chapter that recorded history of a changing world has come to an end. Jawaharlal Nehru, the man who became the first Prime Minister of India, is dead. These are highlights of a career that began when he first met Mohandas Gandhi in and was converted to the Mahatma's campaign for an independent India. Nehru spent 17 years in jail (13 yrs according to narrator) but tasted the sweet fruits of victory in 1947 when his nation won its freedom.
Fire Sweeps New Jersey Waterfront
A spectacular fire lights the riverfront across the Hudson from New York City as five piers and an abandoned stockyard go up in flames. More than 800 firemen battle the blaze that caused damage estimated at more than $10 million. It was one of the most disastrous waterfront fires in the history of the U.S. Jersey City, New Jersey It's evening time, the fire boat is approaching the pier that is all ablaze. There's a glow in the sky due from the fire. CUS - A pier and a little building completely engulfed by the fire. Silhouette of the firemen on the fireboat. Aerial shot - Looking down at the water and the surrounding land area which is almost a solid blanket of fire. Firemen fighting the fire with their hoses. CUS - Silhouettes of firemen and some skeletal remains of burnt out buildings. The collapsed burning lumber of a building all a glow from the fire and intense heat, and the silhouette of a lone fireman and his hose fighting a senseless battle. Dusk, the remains of buildings and of the pier. MS - The fire boat docked at the pier and firemen battling the smoldering remains of the fire. Silhouette of a fireman looking out at the remains and aftermath of the fire. Low aerial shot - Burned lumber the remains of buildings that once stood on the pier and a mass of twisted steel.
President Eamon de Valera Welcomed To USA
A native son comes home. The President Eamon de Valera of Ireland is welcomed to the U.S. by President Lyndon Johnson - a visit of sentimental value rather than of international importance. The Irish patriot was born in the City of New York and taken to Ireland as an infant. He was a leader in the Irish fight for independence. Mr. de Valera was invited to the United States by President Kennedy on his trip to Ireland. Washington DC A limousine pulls up in front of the White House and the President of Ireland, Eamon de Valera steps out and is greeted by President Lyndon B. Johnson and Lady Bird. MS - A good size crowd has gathered to welcome the President of Ireland to the USA. MS - A motorcade drives down Pennsylvania Avenue. Crowds of people lining the streets. MS - Military marching band. CUS - Exterior shot of Blair House. MCUS - President de Valera, President Johnson and their wife s walking up the steps to Blair House. MCUS - The Irish and American flags.
Mid-Town Airport: NY Copter Base Undergoes Test
Atop one of New York City's newest skyscrapers is a landing field for helicopters that is a center of controversy. Some say it's a hazard, others say it is the need of the future. Anyway, they make the first test and an okay may be forthcoming soon. New York, New York New York's tall buildings. POV - On top of one of the high rises. MSLU - A duel rotary blades on a helicopter making a landing on a 54 story building. MCUS - People on the street looking up at the helicopter's landing. CUS - Helicopter (six seater - small passenger) coming in for a landing on a roof top. MCUS - Members of the City Planning Commission disembarking from the helicopter. MS - A good size crowd on top of the high-rise. POV - Off the roof of the high rise, a roof top view of New York's corporate buildings. MS - Front view of the helicopter and the members of the City Planning Commission boarding. MS - The rotary blades start up on the helicopter and it slowly rises of the roof.
Asia Strategy: Top US Officials Meet In Hawaii
With a time of crisis in Southeast Asia, the U.S. calls a high-level conference in Hawaii of the nation's top military and diplomatic minds. The strategy of the conference is to shore-up non-Communist governments in former French Indo-China. Hawaii One of the Hawaiian Islands. MCUS - Hickam AFB in Hawaii. MS - Military passenger plane sitting on the tarmac. MCUS - Admiral Harry Felt. MCUS - Secretary of State, Dean Rusk disembarking from the plane and he is greeted by Admiral Harry Felt. MCUS - Ambassador to Vietnam, Henry Cabot Lodge. MCUS - Rusk and Lodge walking from the plane with people shaking his hand. MCUS - Dean Rusk and Henry Cabot Lodge being greeted by Admiral Harry Felt. MS - A very pretty shot of the American Flag blowing in the wind. Hickam Air Force Base in Hawaii.