
RNC NEWS
CLINTON CONSIDERED LORALS SCHWARTZ FOR PENTAGON CHIEF THREE TIMES
FOR IMMEDIATE RELEASE CONTACT: MIKE COLLINS
WEDNESDAY, MAY 20, 1998 TEL.: (202) 863-8550
CEO of company under investigation for technology transfers to China
WASHINGTON (MAY 20) - Republican National Committee Chairman Jim Nicholson said today that President Clinton on three different occasions considered Bernard Schwartz for the job of Secretary of Defense.
Schwartz was the top soft money donor to the Democrat Party in 1996.
Schwartzs company, Loral Space and Communications, is now under investigation for allegedly illegal transfers of missile guidance technology to Communist China.
On December 14, 1992, the Associated Press reported that Schwartz was one of five persons considered for the job of Defense Secretary, until former Representative Les Aspin received the appointment.
On January 1, 1994, Jack Nelson of the Los Angeles Times reported that Schwartz was one of six top candidates considered for the job eventually given to Deputy Defense Secretary William Perry, Nicholson said.
Then, on December 4, 1996, the Associated Press reported that Schwartz was under consideration for Pentagon chief to replace Perry.
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