The Lockheed Bribery Scandal - Part 2 - Discovery and Consequences

Howdy! :D

This week's video is very special for me, as it is the culmination of a two-year writing experiment in which I drafted my first factual non-fiction book on the Lockheed Bribery scandal, which is now available at Amazon and includes far more facts and figures than what I've quoted in this video:

https://www.amazon.com/dp/B0DH4JRHCJ

The Lockheed Bribery scandal was a series of illegal activities undertaken by the Lockheed Corporation between 1956 and 1975, during which the firm used illicit payments and coercion in order to secure sales for the F-104 Starfighter, the C-130 Hercules and the L-1011 Tristar in Saudi Arabia, Italy, Japan, West Germany and the Netherlands, Lockheed enlisting a vast array of resources to reach their goals, ranging from members of the Dutch royal family, to prime ministers and presidents, and ex-war criminals with underworld connections.

Part 2 covers the discovery of the bribery scheme following the provision of a government loan by the Nixon Administration to help save Lockheed from potential collapse in 1971, the sudden increase in scrutiny over Lockheed's finances by state auditors leading to an uncovering of the international bribery network that Lockheed had cultivated, resulting in resignations, arrests, political upheaval and even an attempted assassination, while at the same time seeing an overhaul of American corporate practices on both a domestic and international level.

Chapters:
0:00 - Preamble
0:33 - The Emergency Loan Guarantee Act (1971)
6:38 - The Bribery is Revealed
10:30 - The Subcommittee Investigates
18:46 - Changing the Rules
26:00 - Tanaka Takedown
29:52 - Suicide Attack
32:17 - Strauss vs. Hauser
36:36 - A Royal Flush
38:50 - The Italian Question
44:12 - Death of a Salesman
47:44 - From Lockheed to Martin
50:17 - Conclusion

All video content and images in this production have been provided with permission wherever possible. While I endeavour to ensure that all accreditations properly name the original creator, some of my sources do not list them as they are usually provided by other, unrelated YouTubers. Therefore, if I have mistakenly put the accreditation of 'Unknown', and you are aware of the original creator, please send me a personal message at my Gmail (this is more effective than comments as I am often unable to read all of them): [email protected]

The views and opinions expressed in this video are my personal appraisal and are not the views and opinions of any of these individuals or bodies who have kindly supplied me with footage and images.

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All References are available within The Lockheed Bribery Scandals: A History of Corruption and Influence by Ruairidh MacVeigh

Thanks again, everyone, and enjoy! :D