The Nation - News from March 6, 1987
A House panel has documents indicating that Federal Railroad Administrator John Riley improperly sought to influence the selection of investment banks to handle the sale of Conrail, Rep. John D. Dingell (D-Mich.) said. In a letter to Transportation Secretary Elizabeth Hanford Dole, Dingell said a House Energy and Commerce investigations subcommittee obtained papers showing that Riley “twice attempted improperly to influence the selection,” but Dingell pointed out the department did not allow Riley’s opinions to affect its decisions.
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