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Loral fined $14m over China missiles claim{Treason is cheap these days…}
ft.com ^ | By Edward Alden and Peter Spiegel

Posted on 01/11/2002 2:08:31 PM PST by expose

Loral fined $14m over China missiles claim

By Edward Alden and Peter Spiegel in Washington

Loral, the US satellite company, said it would pay $14m to the US State Department to settle a claim that it improperly gave technical information to China that may have aided that country's nuclear missile programme.

Loral also said the Justice Department had ended its investigation of the company and would not pursue any criminal charges.

The fine marks the last chapter in a bitter political battle in Washington in which Republicans alleged that during the Clinton administration the US had turned a blind eye to actions by Loral and other satellite makers that may have threatened national security.

Loral agreed to the fine, which will be spread out over seven years, without admitting or denying the government's charges.

The investigation arose out of the 1996 explosion of a Chinese rocket carrying one of Loral's Intelsat satellites. Loral subsequently took part in a technical investigation of the launch failure, which it inadvertently shared with the Chinese. The US Defence Department found that the technical data given to China may have helped the Chinese improve the accuracy of their military rockets and missiles, which use similar technology. Experts have since questioned whether anything of military value was given to China.

Bernard Schwartz, Loral chief executive, said on Wednesday the data were mistakenly sent to China by a Loral employee without approval by the US government, and expressed regret. He said the company had since greatly improved its oversight.

The Loral incident led to a detailed congressional investigation, which concluded China had been stealing an array of US military secrets. It resulted in severe restrictions on US satellite exports imposed in 1999.

The Justice Department had also been investigating a separate incident involving Hughes Electronics, another US satellite maker. Richard Dore, a Hughes spokesman, said on Wednesday the company had also been informed by Justice that no criminal charges would be filed.

But Hughes lawyers will meet State Department officials this month to discuss their own settlement of the matter and whether a fine will be necessary. "We've contended all along that we followed the government guidelines," said Mr Dore.

Hughes was accused of helping improve Chinese rocket and missile technology while investigating launch failures. The satellite-building unit of Hughes, Hughes Space and Communications, was sold to Boeing in 2000, but Hughes retained liability for the technology transfer investigation.

Lockheed Martin also agreed to pay $13m in 2000 after a company it acquired was accused of helping a Hong Kong company with ties to Beijing. <P.


TOPICS: Breaking News; Crime/Corruption; News/Current Events
KEYWORDS: banglist; chinastuff; enronlist; michaeldobbs
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To: Native American Female Vet
Before I go downstairs for dinner, let me say hi to you NAF Vet and to BeAChooser....good evening.
Yes indeed, I'll be helping to keep alive discussions of this Loral Shareholders case Vet. You bet!

Chooser, I agree. Mr Gonzalez should consider providing segments on the FR program for a discussion of the Ron Brown matter.

301 posted on 01/19/2002 3:25:46 PM PST by ChaseR
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To: ChaseR
DENIED!!!!!!
302 posted on 01/19/2002 3:31:36 PM PST by Iwo Jima
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To: ChaseR
"Chooser, I agree. Mr Gonzalez should consider providing segments on the FR program for a discussion of the Ron Brown matter."

Hell, I don't read his posts now!

I just like the mental picture of him furiously typing away a ton of stuff that I no longer bother reading, plus the FReemails I get from onlookers are a hillarious!

Get your own show, you and Looser, and talk about whatever it is that you want to talk about.

Now, still running from my radio show?

303 posted on 01/19/2002 3:45:48 PM PST by Luis Gonzalez
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To: ChaseR
Yawn....
304 posted on 01/19/2002 3:50:44 PM PST by Luis Gonzalez
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To: ChaseR
Thanks for the ping. A lot to read here.

Jen

305 posted on 01/19/2002 4:15:40 PM PST by IVote2
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To: BeAChooser; Howlin; William Wallace; Iwo Jima; VA Advogado
To: Judicial Watch
Sir,

I respect your efforts to expose the true scope of criminal activity by the Clinton administration (or whoever may next occupy the Whitehouse) but I strongly suggest you stick to doing what you do best and stay out of the political arena.

As far as I am concerned, ANYONE who hurts George Bush's chances of being elected the next President IS the ENEMY. There is simply too much at stake to risk losing the next election and given the overwhelming bias of the media, the evident control of the DOJ, FBI and IRS by the DemocRATS, the willingness of Democrats to ignore ANY crimes by Democrats, and the spinelessness of many Republicans currently in Congress, THAT is a very real possibility.

27 Posted on 09/29/2000 16:11:09 PDT by BeAChooser
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How's THAT for a blast from the past?

306 posted on 01/19/2002 6:44:40 PM PST by Luis Gonzalez
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To: BeAChooser
I wonder whether Luis would like to do a show on Ron Brown?

With you? No way!!!

Ron Brown was one of the first things I learned on FR and that was back when people did research and posted it. You got the facts down pat. You remind me of details all the time.

307 posted on 01/19/2002 6:56:04 PM PST by Native American Female Vet
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To: ChaseR
Hi Chase
308 posted on 01/19/2002 7:16:36 PM PST by Native American Female Vet
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To: Luis Gonzalez
Well, well......hypocrisy in action! Nice find!
309 posted on 01/20/2002 7:26:36 AM PST by Howlin
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To: Iwo Jima
That's nice- (next post)
310 posted on 01/20/2002 8:10:17 AM PST by ChaseR
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To: Luis Gonzalez
"Hell, I don't read his posts now!
I just like the mental picture of him furiously..."
?

Well Mr Gonzalez, based on this lowbrow attitude, I'd say that you shouldn't be a commentor on FR. You've already made up your mind about someone -
(and worse yet, you've already prejudged posters - before they even get on the air - - and you have now -
- decisively made up your mind - -
FOR ALL FR posters and lurkers - who might have liked to hear Chooser on the air) -

No, I think that you Mr Gonzalez, either where never cut out to be a guest speaker, and/or, you don't have the patience required to a guest speaker - (should never be allowed to be in charge of who can or can't come on the FR show for segments) and/or - it is possible that you may be qualified to speak on behalf of FR on some topics, but not on all topics. This is my honest constructive advice.

(by the way Mr Gonzalez, every reader knows that it would have only taken you - - what, about 2 to 3 seconds to type in a simple Yes or No - to the 1st and 2nd question I posted in the Loral case. These two 1st and 2nd questions require no thought what-so-ever - so I ask why didn't you at least start with our analyzing this Loral case????

311 posted on 01/20/2002 8:27:42 AM PST by ChaseR
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To: Luis Gonzalez
(by the way Mr Gonzalez, every reader knows that it would have only taken you - -
what, about 2 to 3 seconds to type in a simple Yes or No - to the 1st and 2nd question
312 posted on 01/20/2002 8:30:00 AM PST by ChaseR
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To: Luis Gonzalez
(by the way Mr Gonzalez, every reader knows that it would have only taken you - -
what, about 2 to 3 seconds to type in a simple Yes or No - to the 1st and 2nd question (my post #296 and #299)
313 posted on 01/20/2002 8:33:34 AM PST by ChaseR
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To: Luis Gonzalez
I appeal to all FR posters and lurkers - to ask yourselves this simple question. Wouldn't it be beneficial to all FR readers - to begin today, right now - with our analysis of this Loral Shareholders case. Why wait till a radio show. Isn't it better to have myself and Luis Gonzalez to post in print - our views, so that these views can be logged in to the FR record)

(I ask this of every FR reader - and want every FR reader to remember that what has already been established here is the fact that Mr Gonzalez has a tract record that shows that he thinks poorly of FR. [Mr Gonzalez, FR needs a guest speaker who is not already biased about JudicialWatch...Huh everyone!] (now Mr Gonzalez, when you come back today, please do not fail all readers by not responding to my fair queries in this post and my three posts above / this is important now Mr Gonzalez, remember that old phrase from the '68 Chicago Dem. convention: "the whole world is watching" (you Mr Gonzalez)

314 posted on 01/20/2002 8:41:36 AM PST by ChaseR
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To: Luis Gonzalez
(by the way Luis, as of about a year ago, I started going to hundreds of other sites, in addition to FR - for more information. I do so daily. I have a list of over 400 sites that I now ckeck out/may not be important for you to know this if I do come on the air, but at least you now know that my scope of info. is not limited to FR [about a year ago I started going to so many other sites, I depended entirely on FR - but, even though FR is my first choice for news, I do go to many others every day - however, I don't and never have entertained the idea of trying to find stories from my list of sites - and race back here to post them/I'm not into racing / to much good competition for that here at FR...
315 posted on 01/20/2002 9:03:42 AM PST by ChaseR
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To: ChaseR
my error, glad I caught this now:

"...and want every FR reader to remember that what has already been established here is
the fact that Mr Gonzalez has a tract record that shows that he thinks poorly of JudicialWatch and Larry Klayman."

316 posted on 01/20/2002 9:17:05 AM PST by ChaseR
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To: all
another early morning typo, this one from my post #315, second line:

"is not limited to FR [before about a year ago I started going to so many other sites, I depended entirely on FR - but, even though FR is my first choice for news, I do go to many others every day"

317 posted on 01/20/2002 9:21:03 AM PST by ChaseR
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To: Native American Female Vet
Good morning NAFVet...nice day so far, isn't it. :)
318 posted on 01/20/2002 9:22:38 AM PST by ChaseR
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To: IVote2
Your welcome.
(Things would be much better if Mr Gonzalez would simply start discussing and responding to (for the FR record) - at least some of his thoughts - about the JW, Loral Shareholders case and at least give us his simple Yes or No to the three questions that I've already posted. ***
319 posted on 01/20/2002 9:28:05 AM PST by ChaseR
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To: BeAChooser
You're doing a fine job at entering into this thread -your queries about the Ron Brown. Keep it up. bttt
320 posted on 01/20/2002 9:29:55 AM PST by ChaseR
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