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Publication: European Stars and Stripes Monday, April 13, 1987

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   European Stars And Stripes (Newspaper) - April 13, 1987, Darmstadt, Hesse                                Pago the stars and stripes monday. April 3, 1987 Cia official lied to panel sources say Washington Jim the Cia m Cosla Kin Jird to a Tower cite Mitton investigator in january in incl Billy denying that he helped coordinate i Mihly illegal arms shipments to the nicaraguan re Bels source familiar with the panel inquiry a. The ipalion chiefs false testimony raises que Ioni a to a Helhor he was lying id protect superiors who May hive authorised inc weapons drops sources said. Tomas Castillo the pseudonym of Liea official first Lold a commission investigator thai he assisted Only with is deliveries of non military Aid in 1986 an if icon thai would have been Legal me sources said. Hut Castillo acknowledged when pressed later that Day that under the direction of 1,1. Col Oliver North of i i National Security Council lie Hud coordinated nine arms shipments from a Privalo american network to Contra rebels in the Spring of 1986, they said a special prosecutor investigating the Iran Contra arms scandal is examining Castillo s role in passing  and instructions to the private american network in Al Salvador As it prepared to Airdrop arms to rebels in Nicaragua. Al the time Cia Poffi Cias were banned by Congress from providing military Aid to the contras bin were permitted to share intelligence. In a previous investigation of Castillo pro Contra Many sink their Money in splashy Blind pools Effort toil fall the station chief lied id the c la in incr Lar general s office in of n Mulhal in had Avii turd with weapons drop acting Cia Ili Nimitr Robert gilts hat told Congress. Camillo a told incl Liger a Jav mini that hit activities in Cuslan Kiev were Aulon etl by Allan fim the pseudonym used by the head of Cia s Central american operations. He Law in pc sworn testimony to inc serial intelligence committee in january or february that he had cleared his efforts in Advance with unnamed superiors a source said. Fires told the Senate incl Lipniz committee under path last year that he did not approve Castillo s participation in the arms drops one source said. Bui some committee members believe Tinl fires while he did not Odihe rally lie did nol disclose everything hat , going on this source said. Sources said they had no evidence to suggest thai Cia officials instructed Castillo to in to an investigator with the a residentially appointed Tower panel which issued its report feb. 26. The report contains no reference to Castillo s lying. Castillo at first just repealed inc official Cia line one source said. The Cia following its inspector general inquiry last fall issued i news release saying that no Agency offi Ink had  in the Arm drop l a ii ii r named when Brian Bruh. The thief inv Esli Jalof for Chr panel presented a Lori Mic message Hal c Amillo had written to North ii oui inc arms ship Menh. A source said. When i to Cia Learned that Cimmillo had rear acted hit u mini my in january it reopened us inspector Gen eral inquiry and suspended the station chief in february. Castillo could possibly be subject la prosecution for lying to huh and inc Cia inspector general s office on Lite grounds he made a false statement to a Federal . A source said. Hut Tower commission member Edmund music a Farmer senator who said he was not a arc of inc false statements discounted this Possich Iliin. He said Castillo was probably just trying to maintain inc cover for his Covert operation Castillo intends to Tell congressional investigators examining the extent to which top Cia officials Man aged Contra Aid that his actions were authorized by fires a source said. The congressional panels investigating inc Iran Contra affair have granted Castillo limited immunity and he is scheduled to be interviewed by committee staff an or soon after april 19. Washington a Blind pools in which people invest without knowing How i hair Money will be us a Are exploding in popularity despite sates pitches that should set off warning alarms says the Council of belter Busi Ness bureaus. The Council joined by the North american securities administrators association says the number of Blind pools is soaring As investors throw caution aside and eagerly give i hair Money away. Some of the techniques used to sell Blind Pool investments arc inc tradition Al High pressure methods of hype promises of huge returns and threats that inc buyer must act at once said Council president William h. Tankersley. Potential investors should treat these As red flags warning them off the Deal he added. No one should buy Inlo an offering before carefully Reading and understanding the prospectus Ana deciding if they can afford to lose their  the warning comes in the quarterly incs for Alert published jointly by inc Council and the association. The new edition documents the surge in the pools and outlines their risks. Blind pools raise capital by Selling securities Wilhour specifying How the Money will be used other than perhaps a vague int Cal 10 buy an unnamed company. A close relative of inc Blind Pool the organizations say is the Blank Check  which asks for capital but re scots no investment intention at All. Such pools Are not new they said fhe first surfaced some 270 years ago in eng land when a prospectus offered shares of a company for carrying on an under taking of great advantage but nobody to know what it  Blind pools became popular in the United states during inc Boom Days of the 1920s, following a general Rule that investors become less cautious during prosperous times. They have exploded in the past year the groups said. Only 16 were registered with the securities and Exchange com Mission in 1983, the number Rose to 22 in 1984, to 30 in 1985 and to 221 during the first six months of 1986, even More operate within a state to avoid Federal jurisdiction the groups said. Utah spawned 65 iras late Blind pools in 1985 alone. And outliers just Don t bother to Register. A Blind Pool seeking investors often Wilt say its intent is to Lake Over s Small company thai is seeking a Friendly buyer. If it succeeds inc promoters can make a killing by Selling their cheaply acquired shares at an inflated Peak leaving investors to fend for themselves. But the pools usually Lack adequate capital to buy a company. They May Dis close that fact in the prospectus but say they will wait instead to be acquired by a privately held company thai wants to be come publicly held Wilhour going through the Sec paper work required for a Stock offering. The truth is these reverse acquisitions rarely occur and when they do the financial position of the newly Public company can rarely sustain the Over inflated Price of the  inc attn said very few Blind pools Are truly Success Ful. The real winners in the pools Are usually i hair underwriters attorneys and promoters nol the investors them  reverse psychology Judith Pulgar of Budapest Hungary contemplates her next move in chess match saturday against Manuel Pinto of Manhattan at the new York chess open 1987 in Manhattan. Judith id plays without watching the Board rely ing on an Umpire who Calls Panlo g moves and moves the pieces us sue directs. Judith a chess Mailer has a Sisler who is an International master. 9 survivors get together to Mark death of titanic Wilmington Del. Up1 Al most 75 years after an orchestra on the deck of me titanic played nearer my god to thee As the Garcal ship Sank nine survivors of inc disaster listened again to the hymn sunday during a me Morial service for victims of inc tragedy. The memorial event Al inc Wilming ton Radisson hotel re enact cd the incr denominational service held on Ihk Sun Day inc ship hit an iceberg and Sank april a 1912. It was attended by 400 members of the titanic historical society which hosted the weekend gathering commemorating the 75th anniversary of i Reship a sinking. Edith Brown Hii Isman. 90, of South Ampton England was 15 when her father kissed her and her Mother goodbye As they boarded a Lifeboat saying he would meet them in new York she re called How the band of elegantly dressed musicians performed to Calm the fearful crowds scrambling logic into inc ship s too few lifeboats. When 1 was standing up on the deck the band was playing. And As the titanic was sinking it was playing nearer my god to thee that band played right up until the last minute Haisman said. Her Lifeboat was about a half mile a wily when inc ship finally Sank taking the orchestra her father and More than 1.500 passengers to their a Caius boo Milts South of Newfoundland Canada in the North Atlantic. The rms titanic the biggest and most luxurious passenger ship of its Lime was on its Maiden voyage front Southampton to new York und was touted As unsinkable. Of inc ship s 2,200 passengers Only 700 survived. Fewer than two Don of Hose Are still living the group also Sang several other hymns that passengers of the titanic Sang during their morning Church service that fatal Day in 1912. Including eternal father Strong to save and now the Day is Over on saturday night the group held 8 banquet with a menu typical of those served by the while Star line the com Pany that owned and operated inc Tilan in. The menu listed a Ceasar salad sir loin a jus chateau potatoes sauteed mushroom Caps and chocolate and Vanilla eclairs. A quartet played selections i nit the while Siar line s a nor Ioir  
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