OTHER TOP REAGAN AIDES REPORT ON INCOME

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP90-00965R000100270052-8
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 22, 2016
• Document Release Date: December 28, 2011
• Sequence Number: 52
• Publication Date: May 29, 1982
• Content Type: OPEN SOURCE

STAT
Declassified in Part - Sanitized Copy Approved for Release 2011/12/28: CIA-RDP90-00965R000100270052-8
ARTICLE APPEARED
ON PAGEA__
THE WASHINGTON POST
29 May 1982
Regan, Casey, Weinberger Received Thousands
Other Top Reagan Aides
Report on Income
By Charles R. Babcock
Weehington Poet Staff Writer
Top Reagan administration offi-
cials Donald T. Regan, William J.
Casey and Caspar W. Weinberger
reported receiving several hundred
thousand dollars each last year in
deferred payments and other income
from their investments and prior
jobs in private industry.
In a financial disclosure statement
released yesterday, Treasury Secre-
tary Regan reported $576,000 in de-
ferred compensation from Merrill
Lynch Pierce Fenner & Smith Inc.,
which he headed before joining the
government, and at least another
$100,000; in income from a blind
trust.
CIA Director Casey reported more
than $230,000 in capital gains from
sale of stocks, $50,000 more from
dividends and interest. and more
than $57,000 in outside income, in-
cluding a $21,000 income tax refund
from New York state, $15,500 from
the Reagan-Bush Committee and
$8,000 from his former law firm,
Rogers & Wells.
Casey was the center of controver-
sy last year because he failed to list
many of his law clients and assets
and liabilities on disclosure forms
during his Senate confirmation pro-
ceedings. He had declined to place
his private holdings in a blind trust.
He reported selling at least
$400,000 in oil and mineral stocks
and accepting gifts from intelligence
officials from Israel and Egypt.
He received a $100 ancient piece
of pottery from the Israeli and a
$100 Egyptian filigree silver neck-
lace, earrings and bracelet from the
Egyptian.
Defense Secretary Weinberger re-
ported more than $93,000 in wages
from Bechtel Power Corp., where he
was vice president and general coun-
sel, and more than $350,000 from
the sale of Bechtel Group stock. He
also reported earning almost $12,000
in fees from two firms he served aga
director before the Pentagon.
Education Secretary Terrel H.
Bell and Health and Human Ser-
vices Secretary Richard S. Schweiker
reported much less in income and
investments.
Bell reported $2,500 in book roy-
alties and listed a family sod busi-
ness in Utah among his assets.
Schweiker's biggest single asset was
more than $250,000 in stock in the
National Gypsum Co., which bought
his family's business.
Interior Secretary James G. Watt
received a $12,000 severance pay-
ment from the Mountain States
Legal Foundation he used to head,
and accepted gifts of a rocking chair
and a stuffed fox, according to his
statement.
The statement noted that Watt's
severance payment was approved by
the Office of Government Ethics in
March, ` 1981, and by the General
Accounting Office that July.
Agriculture Secretary John R.
Block reported more than $100,000
in outside income last year, but the
value of his farm land dropped from
the year before. and his liabilities
appeared to be about as great as his
assets. He also bought a condomin-
ium in Marco Island, 'la., during the
year.
William H. Coldiron, the solictor
at Interior, received nearly $109,000
from his former company; Montana
Power, including some $49,000 in
severance pay.
An official who reviewed the
statement stated the evidence
showed the payment was for past
service "rather than as compensation
for Mr. Coldiron's services as solic-
itor."
Robert N. Broadbent, commis-.
sioner of Interior's Bureau of Rec-
lamation, reported he earned a
$30,000 fee as a Las Vegas bank-
ruptcy trustee. Robert F. Burford,
director of Interior's Bureau of Land
Management, listed a $48,400 profit
from his partnership interest in the
Paradise Mobile Home Park in
Grand Junction, Colo.
Declassified in Part - Sanitized Copy Approved for Release 2011/12/28: CIA-RDP90-00965R000100270052-8