Loral and Hughes shared their analysis of Chinese launch failures with China, which critics said could help China’s missiles. Loral’s chairman, Bernard Schwartz, was the largest individual donor to the Democratic Party in 1996. Clinton approved a waiver for another Loral satellite in February 1998. [1]
A Justice Department task-force memo reportedly found no evidence Schwartz corruptly influenced the waiver. Loral paid a $20 million civil settlement in 2002, and Hughes and Boeing $32 million in 2003. [1]
Approved reader comments and ratings appear here when JavaScript is on.