Word: sporkin
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Dates: during 1980-1989
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...confused? His manner may be bumbling and his mumble legendary, but associates contend that Casey, a speed-reader with an ability to assimilate complex information quickly, has one of the sharpest minds in the Government. "Bill Casey's the brightest guy I've met in my life," declares Stanley Sporkin, a former CIA counsel and now a federal judge. Casey's speech grows softer and less articulate, intimates say, when he does not like the questions being put to him. "His mumble becomes decidedly worse when he has to talk to Congress," notes one old friend. Anne Armstrong, chairman...
Washington last week was filled with cries for closer federal control over the entire Government securities market. Said Stanley Sporkin, former enforcement chief of the Securities and Exchange Commission under President Carter and now chief counsel to the Central Intelligence Agency: "How many incidents do you need before someone says that something has to be done?" Philip Loomis, an SEC commissioner, suggested that "it might be desirable" for Government securities dealers and brokers to register with the SEC just as stockbrokers and bond traders are required...
Federal conflict of interest regulations, formulated in 1965, are very broad and merely require that officials avoid actions that "might result in or create the appearance of using public office for private gain." Says CIA General Counsel Stanley Sporkin: "There is no requirement that I know of for Casey to put his holdings in a blind trust." New York Democratic Senator Daniel Patrick Moynihan offered a more backhanded defense, scoffing: "I would like to think that you could make a killing in the stock market just having the information the CIA does, but they know about as much as Forbes...
Wellington said he thought the panel was balanced, adding that Stanley Sporkin, CIA general counselor and moderator of the panel, was not a CIA member when he agreed to moderate the discussion...