Bernies Schwartz was the CEO of Loral Space & Communications for 34 years. He was a lifelong Democrat. According to NBC News, he was the largest single contributor to the Democratic Party from 1992 to 1996. In 1996, he celebrated his 71st birthday with Bill and Hillary Clinton at the White House.
In 1998 Schwartz became embroiled in a campaign donations scandal and an alleged transfer of missile technology (guidance systems, as I recall) to the ChiComs that occurred in 1996. He was exonerated of any wrongdoing in the campaign finance matter after a Justice Department investigation. Loral settled the missile transfer matter with the Justice Department in 2002, paying a $14 million fine and admitting no wrongdoing.
It was a complete shock when Ken Starr brought forth only one count of impeachment. I don’t know if he thought that one was a slam dunk or he was compromised. Either way he was a loser, as was the country.