Word: memos
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When E.F. Hutton pleaded guilty last month to 2,000 counts of wire and mail fraud involving kited checks, its top officers denied any knowledge of the wrongdoing. A House Judiciary subcommittee last week produced documents that raised questions about Hutton's claim. Among them was a Hutton memo, apparently addressed to Hutton President George L. Ball, describing "disproportionately high interest . . . from aggressive overdrafting with several branches in the Washington, D.C., area...
...down Turner. The network last week petitioned the Federal Communications Commission to stop Turner's bid. In addition, 97 groups ranging from the National Organization for Women to the United Church of Christ filed in sympathy with CBS. The company delivered a 90-page denunciation of Turner. In a memo attached to the petition, CBS charged that if Turner were to gain control, the network would begin a "death spiral." CBS claims that Turner would burden the firm with $4.5 billion in debt...
...think the memo was, "Now all we have to do is break Westmoreland and we have the whole thing aced." Well, the moral of that story is, don't send memos...
Hughes immediately grabbed for his yellow legal pad and scratched out a memo to Robert A. Maheu, a former FBI agent who served as his executive slave...
...this fateful memo, in which Hughes told Maheu of his wish to get the whole Kennedy organization in his pocket, that would ultimately lead to the Watergate break-in and Nixon's fall in disgrace...