• Short Summary

    CONSUMER ADVOCATE RALPH NADER TESTIFIED TO A SENATE SUBCOMMITTEE ON FRIDAY THAT THERE IS CIRCUMSTANTIAL EVIDENCE THAT GENERAL MOTORS WAS TIPPED OFF IN ADVANCE THAT THE NIXON ADMINISTRATION WOULD FREEZE WAGES AND PRICES.

  • Description


    HEARING, NADER AND AIDES, SEN WILLIAM PROXMIRE AND OTHER CONGRESSMEN.



    NADER SAYING THE GM, WITH ADVANCE INFORMATION, TOLD ITS DEALERS TO PUT 1972 PRICES ON ALL 1972 CARS IN THEIR LOTS BEFORE NIXON'S ANNOUNCEMENT. QUESTIONED ABOUT HIS EVIDENCE BY PROXMIRE, NADER SAID HE DID NOT NECESSARILY MEAN TIPOFF CA???E FROM CONNALLY BUT THAT THEIR ARE OTHER PEOPLE IN THE TREASURY DEPT WHO COULD HAVE ADVISED GM. HE ALSO SAYS THAT GM PRESIDENT ROCHS DISCUSSIONS OF PRICES INDICATES HE HAD ADVANCE INFORMATION.




    Initials



    Script is copyright Reuters Limited. All rights reserved

    Background: CONSUMER ADVOCATE RALPH NADER TESTIFIED TO A SENATE SUBCOMMITTEE ON FRIDAY THAT THERE IS CIRCUMSTANTIAL EVIDENCE THAT GENERAL MOTORS WAS TIPPED OFF IN ADVANCE THAT THE NIXON ADMINISTRATION WOULD FREEZE WAGES AND PRICES. BUT HE COULD NOT DOCUMENT HIS CHARGE BEFORE A JOINT CONGRESSIONAL ECONOMIC COMMITTEE.

  • Tags

  • Data

    Film ID:
    VLVA1UA7L1EQSRX3JCTOA54CTU0SR
    Media URN:
    VLVA1UA7L1EQSRX3JCTOA54CTU0SR
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    20/08/1971
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:30:00
    Time in/Out:
    /
    Canister:
    N/A

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