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Vesco claims he is so eager to tell his side of the story that he proposed to the U.S. Attorney's office in New York that if it allowed him to testify before a Senate subcommittee investigating Vesco II, he would stand trial on at least some of the federal charges against him. Said Vesco to TIME last week: "The time for games has come to an end." Justice Department lawyers scoff at the offer. His real motive, they insist, is to trick the committee into giving him immunity from prosecution for whatever he says in the hearing room — and then talk about every charge against him, no matter how irrelevant to the committee's probe. He then more than likely could not be prosecuted. Says a Government lawyer:
"He's trying to use politicians to let him rule the world."
— By James Kelly
Reported by Jonathan Beaty and Evan Thomas/ Washington