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77. Koopeniek, president of Standard

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1 March 8, inquiries with respect to status of companies
n Mr. Casey is shareholder_
requiring clarification___

696

712

695

/ case.

xchange Commission:

or Proxmire, dated February 22, requesting list of individ-
is connected with alleged SEC violations.

131

ator Proxmire, dated February 26, indicating that Mr. Casey
was not connected with any SEC violations_.

131

nator Proxmire, dated March 1, check of computer files regard-
ing companies in which Mr. Casey was associated
Senator Proxmire, dated March 8, regarding companies involved
in SEC action____

129

128

Senator Williams, dated February 24, requesting information
regarding Mr. Casey's investments.

Senator Williams, dated March 8, inquiries with respect to status
of companies in which Mr. Casey was shareholder..
Senator Sparkman, exchange regarding the Roosevelt Raceway

case..

Reprints of releases..

128, 426

695

130

432

Sparkman, John, U.S. Senator from the State of Alabama, letters:
Judge Craven, dated February 16, requesting information pertaining
to the Fields case..

137

Judge Craven, dated February 24, advised of entered order in Fields

case.

143

Richard B. Smith, Acting Chairman, SEC, exchange of letters regarding
Roosevelt Raceway case.

130

Robert S. Persky, regarding Boggs case.

428

Securities and Exchange Commission, dated February 8, from Phillip
A. Loomis, Jr., General Counsel.

104

William J. Casey, dated February 9, regarding his investments_
William J. Casey, dated February 10, with information on Fields

103

case...

133

William J. Casey, dated February 26, enclosing telegram received

Sparkman, John, etc.-Continued

Staff memorandum___

Page

William J. Casey, dated March 19, enclosing statement of personnal, professional, business, and financial activities.

105

716

Thornton & Co., table showing transactions on the Chicago Stock Exchange..

453

Williams, Harrison A., Jr., U.S. Senator from the State of New Jersey, exchange of letters with the SEC...

128

NOMINATION OF WILLIAM J. CASEY

WEDNESDAY, FEBRUARY 10, 1971

U.S. SENATE,

COMMITTEE ON BANKING, HOUSING AND URBAN AFFAIRS, Washington, D.C. The committee met, pursuant to notice, at 9:30 a.m. in room 5302, New Senate Office Building, Senator John Sparkman presiding. Present: Senators Sparkman, Proxmire, McIntyre, Gambrell, Tower, Bennett, Roth, Brock, and Taft.

Also present: Senators Javits and Buckley of New York.
The CHAIRMAN. Let the committee come to order, please.

We are meeting this morning for the purpose of considering quite a number of nominations. It could take a long time. I believe we have a total of 13 on the list for this morning. I hope it will not take too long.

We have had a rule at different times in the past that on calling on any Senator at any time we would limit the first round to 10 minutes. If any Senator does not get to finish his questioning within that time, we can return to him later.

Our first witness this morning is Mr. Casey.

Mr. William J. Casey, of New York, has been nominated by the President to fill a very important office, Chairman of the Securities and Exchange Commission.

We have with us this morning the Senators from New York, Senator Javits and Senator Buckley. We welcome them to the committee for the purpose of presenting their distinguished constituent.

Senator Javits, we will be very glad to hear from you at this time. Senator JAVITS. Thank you very much, Mr. Chairman.

Mr. Chairman, first let me thank you on behalf of our State for having such a prompt hearing on Mr. Casey. This is very helpful and we are very pleased.

The CHAIRMAN. You used to serve on this committee. You know we act promptly on everything.

Senator JAVITS. I know that the committee has a wonderful reputation, and as the chairman knows, I have the utmost regard for him and the other members.

Mr. Chairman, I have a particular personal pleasure in commending Bill Casey to the committee. I have known him for 20 years. He is a law partner of a man who at one time was a Republican national chairman and is very well known to me, a very good friend of mine, Len Hall. So I have known Bill Casey personally, socially, professionally. It is not usual that one can say that of a man who is named for a high office.

He has many things to commend him. To me, Mr. Chairman, the thing that distinguishes him the most is that he is not only a lawyer

Casey, William J., etc.-Continued
Letters-Continued,

Senator Sparkman, February 10, information regarding the Fields

case_

Senator Sparkman, dated February 11, copies of the complaint and
the answer in the Field v. Prentice Hall case.

Senator Sparkman, dated February 26, inclosing telegram received
from Thomas Diskin.......

Senator Sparkman, March 1, statement of personal professional,
business, and financial activities..

List of companies in which Mr. Casey served as officer or director......
Prepared statement...

Review of matters raised since inception of confirmation hearing-
Review of security holdings and investment activities__
Telegram concerning preparation of filing of transcript...

Page

133

134

145

105, 649

126

45

117

111

146

70

Cherne, Leo, Research Institute of America, statement before the committee__

Craven, J. Braxton, Jr. U.S. judge:

Letters:

Kenneth McLear, staff member..

Senator Proxmire, dated February 18, concerning Mr. Fields-
Senators Sparkman and Proxmire, dated February 24, advised of
entered order in Fields case.

147

141

143

Senator Sparkman, dated February 16, requesting information
pertaining to the Fields v. Casey case..

137

Senator Sparkman, dated February 25, information regarding
Fields v. Casey case..

143

Prepared statement...

29

Telephone statement, dated February 11, to Mr. McLean

140

Doherty, Gregory H., statement of.

456

Diskin, Thomas A.:

Letter from Mr. Casey, dated February 10, regarding Fields case..
Order directing preparation of transcript in Fields case, copy of
Telegram concerning preparation and filing of transcript...

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Answers of the plaintiff to interrogatories proposed by defend-
ants.

[blocks in formation]

Information regarding the Fields case begins at...

Notice of motion to modify interrogatories and to stay furnishing of
them until completion of taking of defendant's depositions___

[blocks in formation]

Pretrial depository of Ward J. Koepenick, president of Standard

Office Systems.

686

Proxy statement..

653

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