in Pennsylvania, and Daniel Craig, president of
Norsud Corp. in California.
3: Paragraph 49 The companies these IDPers headed manufactured
aircraft, and maybe tanks, guns, and other war toys -- they had mostly
been pilots in WWII and/or the Korean Conflict, and Hausman had worked
for Alexander Haig in Vietnam and then at the White House. Owen had
been on LBJ's re-election committee, and he told some of the best war
stories I ever heard: some about the parties his cousin Tallulah
Bankhead used to throw, some about his misadventures as a pilot during
the war, some about LBJ, and all of them hilarious.
3: Paragraph 50 IDP's 'raison d' tre' was to borrow money from the
pension funds of companies that manufactured industrial, agricultural,
and defensive equipment (which we took to mean aircraft, tanks, guns,
and related paraphernalia), invest it in U. S. Treasury notes, and lend
the interest to developing Third-World nations (mostly in the Middle
East and Central America) that would use the money to buy industrial,
agricultural, and defensive equipment (wink, nudge), probably from the
companies that had anted up their pension funds. They explained to us
that this was all part of President Reagan's plan to cut back on foreign
aid from the U.S. government and get the private sector more involved;
they said they had the required approvals and gave us phone numbers at
the State Dept.
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