This is to request that you prepare a campaign check in the amount of $959.00 These funds are to reimburse American Continental for two trips made by According to FEC regulations, we are obliged to reimburse an owner of corporate Please report this expenditure in our next FEC filing. Also, I would appreciate That we did not reimburse American Continental at the time of the trips was Thank you for dealing with this matter. Call me if you have any questions. JBS/vg Sincerely, J. Brian Smith As we discussed, I am enclosing copies of checks which Mrs. McCain It appears that these checks were written to reimburse ACC for the I apologize for any inconvenience delayed discovery of these two Very truly yours, David E. Stevens Enclosure bcc: Mr. Jin Grogan SPECIAL COUNSEL American Continental Corporation is undergoing an Internal Revenue Service audit for the years of 1984 and 1985. One audit issue that has come up relates to airplane flights. During those years, Senator McCain, his family and some members of his staff used our corporate aircraft. I am attaching a schedule of the flights that they took. At this point, the Internal Revenue Service is proposing to charge Mr. Keating personally with income of $7,214.52 with respect. to the flights taken by Senator McCain and his family. I discussed this matter with Jim Grogan in our office, and he suggested that I contact you to get your input as to how we should proceed with this matter. We would be happy to handle it in any way that you wish. We are trying to settle with the Internal Revenue Service as soon as possible, so we would appreciate your prompt response. Very truly yours, David E. Stevens cc: Jin Grogan SPECIAL COUNSEL |