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wfixfiafifififiw FQR; Assaciata 8a§uty fiirecter far fidmiaifltratiofi
$1 K £53?
M rqI‘~~ Ifki Qerpuratioa
{Funéing Ralationship, Qffice af Eaaurity}
1. This memoraa&um is submittaé fer infarmatian only.
2. Rafarenufl is Qada ta yuur verbal ra%asst of 2 Qctaéer
}@7$ fur in§arma£i%a c@n¢arning the fifficc a S$curity’a funfiing
rwlatienship witk {TEE as it reiatss ta Frajest fififififififi.
3. fiuring July lééé, fiessrs. fiary kreneman, fififi, Ria&ar& auh,
uffice of Sxaurity, and faazaxrg (?}, iaaptreliar af mnfifiwafi/3,
an fiffice mi Sa¢urity gruprietary isaatefi in Califnrnia, fifit witx
M95515. fiawara 3. fiprague, Vice Prssidant sf ITKK; Peter 5. ?mdulla
Cargorate Ceaptraller? anfi ¥rances A. Tan¢re,~£mrperatu 5@cu$iRy
fiffiwer, ta wurk aat am arrangemant wherein aatanfiiéifi caairauzual
relatianséiga cnula be essablisfiud between {TEE and fiafiufifib/3 to
faciiititw tha passaga afi agency mane? inta HH§fi$&$/3 frsm iT2a.
The muahafiics sf this fiperatian are as iellaws: I?£R wouig sign
wwrk erdars at centraats wtzh §fiE0§fifil3. The A§%any waalfi sena
truasury checks, usuai§7 an a quarter}? hasis ta 1?E§ where tney
weulfi ha &a§esita& ia tha cergerane hawks in suah 2 way as to
prataat tha saurca uf funas. §aa:k1y§ %fiEfifiH§/§ waulé hiii I???
citiag the wark urfiars at contracts ané recuiva an I?££ ahvza in
gayment. This chaak waula kw raaorieé ea %HEOfifi§-3 financiai
raearés as zarnéa incnwa.
é. The first shack amsantiag to %l%,2Sfi was sax: to 1TL& an
39 August lfiéé. fiiaaa that £im% $5Z3§$fi$ fins baafi £ufi&¢& tfirnnga
ITKK. & §a1aaca ef $§,$&Q r§ma$ns. ha adéitianai ffinding is '
aati¢i§atfié as fiflfiufififijé is fifiing 1iQuiéat@é ax at befsra 3% Jua@
1%?fi aafi prabably kas safficiemt funfis in téa :1ase& circuit giga-
iine i? cumpaniegj ta centinae éusiaess until liquiéatiun.
IMPDET CL av-5,059.3“...
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