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Publication: European Stars and Stripes Monday, May 13, 1985

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   European Stars And Stripes (Newspaper) - May 13, 1985, Darmstadt, Hesse                                Page 10 the stars and stripes Mav columns comments William Safire to some More equal than offers when men nabbed Willie the actor Sut Lon after he had stolen some million in Bank deposits during his the disguise artist wound up spend ing 33 of his last 43 years in the Reagan Justice department made up of Stern faced Law v order who sneer at the coddle is of criminals rounded up a gang at Hutton that had systematically bilked tens of millions of dollars out of 400 Banks through a sophisticated swindle that made new breakthroughs in the state of the Art of Check the perpetrators of the crime admitted their guilt in Over instances of mail and wire the object of the defendants scheme and artifice to defraud was to obtain interest free funds by Means of intentional said Justice prosecutors triumphant demonstrating How the illegal drawing against in collect cd funds totalled More than with daily overdrafts sometimes exceeding that certainly makes the depredations of Slick Wil lie look like Small imagine for More than two a ring of at least a dozen and perhaps 50 Stock following a scheme concocted by a few modern criminal regularly shuffled rubber checks in and out of Bamboo Ling most Bankers and intimidating a few who got what do you suppose is going to happen to the gang that enriched itself at the expense of the which arc owned mainly by Small shareholders will the criminals be brought into to be photo graphed and shamed Are the ringleaders going to jail the corporation for which the perpetrators of the crime work merely has to give Back the Money it and reimburse the Justice department to cover the Cost of its Low paid lawyers and accountants who broke the the court has imposed a criminal Fine of the Legal which in a Bank heist of this size is like putting a parking ticket on the brinks getaway no personal disgrace for the perpetrators no jail terms not a slap on one individual putting on his most severe attorney general Edwin Meese had the chutzpah to announce this makes it Clear to the business world that White Collar crime will not be Toler on the the pretence that no human beings operate Hutton makes it Clear to the business world that if your company is shot through with manag ers involved in a huge not to worry the a Csc Justice department will limit the liability to the none of the guilty officers will have to what excuse does the Justice departments William Buckley criminal division have to offer for this Deal that was never offered such Bank robbing entrepreneurs As Slick Albert the prosecutor in who spent 18 months on the claims that naming and prosecuting individuals could have taken us two to three that a Dandy reason for coddling White Collar Justice officials in Washington have assured reporters that nobody in senior management was involved in the billion which suggests a degree of hands off management that stretches but even if this operation had been run by a Stock clerk and a messenger should they not be brought to Justice goes a further some witnesses were Given immunity from prosecution in return for their testimony to the grand and it would not be fair to prosecute a few when All the other immunized wrongdoers in Hutton offices got what kind of abuse of immunity is that prosecutors Are often required to let Small Fry off in order to get evidence against but the notion that immunity for some makes prosecution of others unfair is Ludi says Meese we Are As aggressive in the investigation and prosecution of so called White Collar crime As narcotics and organized based on the immunity Whitewash plea bargain in this that great news for the a far reaching misjudgment was made Here that de serves a close look by the Senate judiciary committee in its coming confirmation hearings on messes faceless companies dont filch Money from Banks peo ple in those companies theres a Sutton in Hutton who beat the c 1985 new York times Syndicate embargo comics what 5 the difference if it comes from Russia what the abm treaty can mean to world peace a week or so ago i began to won Der Why i haunt wondered about it before what was the background of the agreement Between the United states and the soviet Union in Moscow in 1972 that the anti abm treaty could be cancelled upon either sides serving six months although trea ties arc often they Are not usually promulgated in such tentative terms As arc suggested by the acknowledgement that a Mere six months notice need be served to consider them null and the Point is All the More interesting since Shortes much of the rhetoric surrounding our re search into Star wars is impeded by dire references to the awful risk of breaking the great covenant of the abm treaty is presented As though it were vouchsafed on mount Sinai upon a world hungry for signs of shall not develop a technology designed to protect gods creatures from enemy what i came Courtesy of Paul is something much More the invisibility of which is really quite Aston i would be surprised if 10 Congress men Are aware of if George Brown of California is aware of i will eat his Straw if he has a Straw which he should to guard against sunstroke or whatever it is that hit it is George Brown who wants to prevent any ant satellite test ing on the grounds that it would be in Bla Tant disregard of the spirit of the abm trea on May chief negotiator Gerard Smith issued what they Call a unilateral statement of the american understanding of what Salt i he began by saying the delegation has stressed the importance the government attaches to achieving agreement on More Complete limitations on strategic offensive Fol lowing agreement on an abm the delegation believes that an objective of the follow on negotiations should be to constrain and reduce on a Lon term basis threats to the survivability of our respective strategic retaliatory the user delegation has also indicated that the objectives of Salt would remain unfulfilled without the achievement of an agreement providing for More Complete limitations on strategic offensive that is pretty Plain Salt i was designed As a first it was suppose to Lead to subsequent Steps that on the one hand would reduce total offensive nuclear but on the other hand would not diminish the deterrent capabilities of either of the we of that nothing of the kind proceeded to Over the 10 year period following Salt the soviet Union tripled its inventory of nuclear Wear we reduced Pur warheads by they increased theirs by More than we decrease our they vastly increased no responsible student of the strategic situation will say other than that the situation has a study by Seymour former director of the state departments Bureau of Politico Mil iary lists 41 categories of strategic in All of 20 years we were we Lead now in Only two of these Well what exactly did ambassador Smith say would happen in the event no Progress was made and did he mention a period of time Arjon the passage of which we would reconsider our decision to ban abm he said both sides recognize that the initial agreements would be Steps toward the achievement of More Complete limitations on strategic offensive arms limitation were not achieved in five supreme interests could be should that it would constitute a basis for withdrawal from the abm trea so that the United states not Only Drew specific attention to the contingent nature of the abm it specifically mentioned that a review of it would be appropriate in was that declaration made Clear ambassador Smith wrote further into the the executive will inform the in connection with congressional consideration of the abm treaty and the interim of this statement of the what happened in of was Jimmy and the futility of Salt what president Reagan shoud get on with to avoid the technical blather about the abm is to proceed to abrogate As we promised we would c 1985 Universal press Syndicate  
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