I'd always teased Abbes that when it came time to fire me,
I expected him to handle it better than that, and he did.
4: Paragraph 36 With the help of my secretary and tax clerk, I
packed up my stuff, then I went home and telephoned the 'Wall Street
Journal' to tell them what had happened. They ran several stories about
it over the next weeks, and the local newspaper picked it up, as did the
national wire services. Judge Oberdorfer had put Commissioner
Malarkey's 1985 audit report in the court record, so it was a public
record then, and I gave copies to the reporters who asked for it; they
wouldn't have printed my allegations about the mishandling of trusts at
Hutton if they hadn't seen the evidence, and that report was the most
comprehensive part of the evidence.
4: Paragraph 37 On 18 April the 'Wall Street Journal' reported that
Abbes and Hitchcock had resigned, but for personal reasons and not
because of my accusations, and that Malarkey said he hadn't found "any
evidence that the unit mishandled trust assets or violated fiduciary
obligations." That was remarkable enough, given that his own report
from the year before had listed specific instances of mishandling and
fiduciary breaches, but a few weeks later, in "the late spring or early
summer of '86," he delivered to Hutton Trust the report of the 1986
audit, the one he'd been conducting when I was fired, and it reported
that the same problems cited the year before still existed! But the two
audit reports were confidential, so Malarkey could stand up at his press
conference and say in public there was no truth to my charges, when his
own reports, delivered before and after the press conference, proved
what I was saying.
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