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Show SatSunMonTues, October 4-7, 2003 The Park Record B-11 Iran Contra figure being investigated SALT LAKE CITY (AP) A key figure in the 1980s Iran Contra affair is being investigated for possible insider trading, a probe that the company says is straining its already thin resources. Former Air Force Gen. Richard Secord is the target of two separate federal investigations. investiga-tions. Computerized Thermal Imaging, Inc. of Ogden. Utah, said this week when filing its annual report with the Securities and Exchange Commission. Officials with both the SEC and the U.S. Attorney Office for the Southern District of New York said Wednesday they would not confirm whether an investiga-. investiga-. tion was underway. However, the company said in its annual filing Monday that it " was asked to provide documents to both agencies "in connection with possible violations of the insider trading prohibitions found in the federal securities laws" by Secord, its chairman and chief operating officer. A company spokeswoman in Ogden referred calls to Secord's attorney, Carl Schoepple, who declined to comment. Secord sold company stock worth $126.0(K) in December just before a federal regulatory panel declined to recommend the firm's cancer-detection system. Secord sold 73.400 shares Dec. 9 and another 37,900 shares the next day at an average price of $1.14 per share, according to filings fil-ings with the SEC. Later on Dec 12, a Food and Drug Administration regulatory panel voted 4-3 against recommending recom-mending the company's breast cancer detection system, in which the company had invested' $20 million. 'Die company said the rejection has hindered the device's marketing internationally. Less than a week after dumping the shares. Secord repurchased them making about $100,000 on the turnaround, according to SEC, tilings. Share prices plummeted after the FDA's vote, closine at 39 cents on Dec. 10. CTI stock closed at 37 cents per share Wednesday, up one cent. The company said Monday it is not a target of the investigation, but the legal costs incurred with providing documents to investigators investiga-tors and legal work such as preparing prepar-ing depositions has cost about $650,000. "The expenses we may incur in the future could substantially and adversely affect our working capital, capi-tal, distract management from day-to-day operations and retard capital formation, which may result in us having to materially reduce or terminate our operations," opera-tions," the company said in the report. Secord, 71, is a retired Air Force general who acknowledged helping arrange arms shipments to Nicaraguan rebels and the Iranian government. He was sentenced to two years of probation in 1990 for making false statements to congressional con-gressional investigators, but his guilty plea was overturned in 2000. Secord was hired by CTI in 1995 to help revamp China's health care system in a joint project proj-ect with Electronic Data Systems and Fluor Daniel Inc. CTI manufactures and markets thermal imaging and infrared devices that are used for clinical diagnosis, pain management and testing of. industrial products. It employs about 50 people in California, Utah and Oregon. The company had been headquartered head-quartered in Lake Oswego, Ore., but recently moved its operations to Ogden. The company had employed 50 people in Utah, Oregon and California as of last December. Bush critics force delay on EPA nominee WASHINGTON (AP) Utah Gov. Mike Leavitt is finding that the time between agreeing to take a top job in the nation's capital cap-ital and actually starting it can be as long as one of his state's desert highways. Senate Democrats on Wednesday stalled the Republican's nomination to head the Environmental Protection Agency. They blocked a scheduled sched-uled committee vote by boycotting boy-cotting the meeting, in a bid to force the Bush administration to turn over more environmental data. The Senate Environment and Public Works Committee had to put off until Oct. 15 a vote to advance' his nomination to the full Senate for consideration. xvThis nominee is being held hostage by partisan politics." said Sen. George Voinovich, R-Ohio. one of the committee's 10 Republicans. "What we're doing is denying this agency the management man-agement that it needs so much. The things that (Democrats) are concerned about are going to deteriorate even further." All eight Democratic committee commit-tee members skipped the meet ing, -denying Republicans the quorum needed for a vote. They demanded more data that the . EPA has compiled on enforcement enforce-ment of various rules and estimated esti-mated costs and benefits of changing air pollution rules and -sent the. Bush administration a . message. The issue, they admit, is not Leavitt. "I just find it alarming the gap between the creative policies that Leavitt had in the Western Governors Association and the day-to-day workings of the EPA," said Sen. Ron Wyden. D-' Ore., one of those who stayed away from the meeting. Sen. James Inhofe. R-Okla., who chairs the committee, will try again for a vote in two weeks. He angrily dismissed Democrats' complaints as a ploy ahead of the 2004 election, noting that Democrats had nearly 400 questions ques-tions for Leavitt compared with the 67 that Republicans had for .Clinton EPA nominee Carol Browner in 1993. "I think the presidential year started early this time around." Inhofe said. Under Senate rules, 10 members mem-bers of the 19-member commit- m rr r i oumam Parkritv'c S u ui i wavy Finest Cleaning Servicet Homes Condos Janitorial We Do Windows! Carpet Cleaning! After Construction Clean-up! 649-2370 Bonded Licensed Insured Call Today for a Free Estimate! t 1 a tboroujtNy enjoyed tbts book! Or Townsend's passionate search for something better for tbe patient comes through loud and dear his a buvk meutii fcr ruuttlie tttiii sitmuittir ami it dori tii i-rry itxS It QirilltM, MP Profrwt and fmr Una UC Inter Medial Sdmi Maverick (Medicine I w JL1 M. QPFAKS TO IN A A World-Renowned Gynecologist's Solutions for A Better World In liaffiqjfflftnliUffi 'Mi -fiSas iiriii.iiiniiPMii!;iJiri-'iiitfiiuar;HiHll!i in. J fir.iTi OHCnB fllf "fit" "3'Ti" 'lit "flitim n tfQriWSi Wfflin &tm WMS:i'" iiiC!iiiim?"""M w nc urt (i5m. iliU'liVfliUMII' iKilfofl. 'iWiSt"iitMi ''1 'i 'liSiTaOl' I" flijaiuii!Hiii!(Bj'iiB'iilr' '.'"ra "fo' wem .Bti"iitsimi nQtis " iilininnjiiiui nt' i.aicui--it iinr... Vn w.vw-iiffilfi w.vw-iiffilfi i'iiliiiijfi::ililf- liSRHlEi; fins)iTtliBi nifc- m iJUlIiml' mi ftnliliiX i!iliTil!lfiii"iiirimiv.' idfi- ' fflna 'Midi tee must be present to have a vote and two of them must be from the minority. Two committee members. Sens. Bob Graham. D-Fla., and Joe Lieberman. D-Conn., are vying for the Democratic presidential presi-dential nomination. Along with Sen. Hillary Rodham Clinton. D-N.Y., D-N.Y., Lieberman and two other Senate Democrats running for president John Kerry of Massachusetts and John Edwards of North Carolina have threat- " ened to block a vote on the Senate floor once Leavitt s confirmation con-firmation clears the committee. Sen. James Jeffords, I-Vt., who chaired the committee before Inhofe, was the sole non-Republican non-Republican to show at the meeting. meet-ing. He said he and the Democrats want information the administration and EPA have refused to share since 2001. 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