European Stars and Stripes (Newspaper) - May 16, 1992, Darmstadt, Hesse Quot Quot Quot Quot Quot controversial. Continued from Page 15 Secretary of health education and welfare. Quot we went and complained to him As any contractor would do but nothing Ever came of it Quot Meyerson said in an interview. He added that he believed electronic data prevailed Quot because we proved the fairness of our Perot s first dealings with the Federal government proved to be a watershed in his meteoric Rise from being the head of a Small computer services company to being one of the country a richest men some of those who investigated aspects of the original contracts including the awarding of the contracts to Perot s company without competitive bids questioned whether he gained his Fortune by overcharging the government a in effect bilking taxpayers. Quot at the time i Felt very strongly that it was an outrageous Case of someone enriching themselves at Public expense in an area of great Public need i.e., health care Quot said Buchanan the former congressman. In june 1966, Texas Blue Cross awarded a contract to electronic data systems to process Texas medicare claims for 1966 and 1967. At the same time Perot was also the part time head of data processing for Texas Blue Cross earning $20,000 annually a a fact omitted from the official biography distributed by the committee coordinating Perot s presidential petition drive. Quot he did t think it was of enough consequence in his life to include in his biography Quot said James Squires press Secretary for the Perot petition committee. Social Security administration officials were not told of the subcontract at the time of its signing or of Perot a dual role with Texas Blue Cross and electronic data. The contracts with Texas Blue Cross were Pivotal for electronic data and Perot. In the fiscal year that ended june 30, 1965, the company had revenues of $865,532 and a pretax profit of $26,487, or about 3 percent of percent of revenues according to a prospectus issued by the company at the time of its first Public Stock offering. In its 1968 fiscal year after having signed its three year Deal with Texas Blue Cross electronic data registered a pretax profit of about $2.4 million or 31.8 percent of revenues. The phenomenal growth caught the Eye of Wall Street investors when the company went Public on sept. 12. 1968. By the end of the Day investors had bid up the Price of electronic data Stock to $22 a share a More than 150 times the company s per share earnings of 14 cents. By the end of the Day Perot who owned 9.7 million shares of the company was suddenly Worth $154 million. The Texas billionaire confers with Dallas phone Bank volunteers Rose Roberts and Gayle Coton. Margot Perot stays out of the spotlight Perot a Fortune was built on Federal contracts. Page 16 a the stars and Stripe by Susan Baer the Baltimore evening Sun if she had t fallen for the Short Spunky texan who made her laugh Hadnot agreed to Wear his Navy ring and wait for him As he sailed around the world she would have stayed in Baltimore after College and pursued a career in social work As she d planned. But a year after her 1955 graduation from Goucher College Margot Birmingham married the naval Academy class president she d met on a Blind Date in Annapolis. And the Only social work the wife of Ross Perot would Ever come to know would be in the Glossy moneyed Champagne world of Dallas society and philanthropy. As private As her husband is High profile As Low voltage As he is turbocharged Margot Perot 58, has never been a visible part of the Public adventures and exploits that have turned the billion Dollar Perot name into near legend. Always there friends say of the warm Bright and personable Mother of five always supportive always cheerful and Dutiful a but always in the background. Even now with the computer Titan on the threshold of an Independent bid for the . Presidency mrs. Perot lets her husband absorb the Glare of the spotlight agreeing to speak to a reporter Only to answer factual questions about her life. Quot i d rather Ross speak out on the issues Quot she says in a Telephone interview from her Home in North Dallas. Quot people Are not voting for me they re voting for a Greensburg pa., native who gave up a Brief teaching career As soon As the first of her five children was born Margot Perot s has been a life devoted to family and Community work and making a gracious Home on prestigious estate dotted Strait Lane. It has been a life of Debutante bows and Charity balls of private schools and clubs of Junior league meetings and ladies auxiliary teas of Board chairmanships and generous donations of Tennis every wednesday and Church every sunday and aerobics three times a week. Quot i Don t think Margot had great plans for a career when she was growing up Quot says her sister Barbara Mcleod. Quot As for going up the corporate ladder it was t for our Era. It was nothing we really aspired indeed mrs Perot who began her career As a third Grade teacher in Baltimore is proud to have opted Tor full time motherhood just As her own Mother a 1922 Goucher graduate did Quot our children can say their parents were there when they were growing up Quot says the grandmother of four saturday May 16, 1992 but the children also say their Mother s Devotion to family has not been Quot in a Pollyanna sort of Way Quot As eldest daughter Nancy 31, puts it. Quot she has a Lively curious mind Quot says the Perot daughter who worked in the personnel office of the Reagan White House. Quot she a not a Southern woman who s been a Southern homemaker Type. Anything but that. Even though she s always put family above everything in fact the entire family is so close knit Quot they re like their own state Quot says close Friend Nancy whatever Ross decides to do Margot supports him 150 percent. Always Thea time appears no different. Although unsure of exactly what sort of role shed carve out for herself As a Campaign spouse or How Active she might be on the Ross Perot Campaign Trail a Quot i can t imagine that i la be that involved Quot she says of Hillary Clinton s activities a she knows this much Quot mainly i la be there to support him to make sure his Home life is she admits she has mixed feelings about the heat of a Campaign. Says Ann Dittmar a close Friend of 30 years Quot she feels As one of the children said its dad s i Don t think she thinks it s going to be a lot of fun but she thinks that right now it s what needs to be if Margot Perot does talk about issues important to her it is with Little elaboration As when she says she s interested in Quot All women s As a member of the advisory Board of planned parenthood in Dallas she is an advocate of abortion rights. Quot i believe in As Little government intervention As possible Quot she says offering a rare glimpse of her own opinions and ideas. Quot i believe it s a moral some in fact credit her abortion rights stand with her husband s like minded the husband and wife agree on nearly everything she says although mrs. Perot has been a longtime Republican and has done Volunteer work for republicans in her state a unlike her husband who s a registered action line editor s note the action line will not appear today because of a delay in receiving responses to a number of queues. The draw Down cutbacks in staff and other factors have combined to produce the shortage according to military officials. The action line Wilt resume ass soon As answers Are received by the stars and stripes
