A new Ethics in Government law takes its toll
The wealthy entrepreneur had made a fortune in the electronics businesses of Northern California's "Silicon Valley." In his mid-40s, possessing a proven record of management, he seemed the very model of a Reagan top appointee. As he sat in the drab Washington office of E. Pendleton James, the President-elect's personnel director, visions of the sub-Cabinet danced in his head.
"Pen, what's the deal with conflicts?" the man asked. "You know I have a lot of money in a lot of companies." James told him about the...
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