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Edward KocheEdward Koche
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Session:         Page of 617

Q:

Laundering I think is the term.

Koch:

Yes, laundering. Washing! (laughs) Exactly. Now, laundering, exactly. And therefore, we could get into it. And under our rules, in order to subpoena, the chairman had to get the approval of the full committee. And there was a hearing on whether or not there should be a subpoena of various banks, and the Republicans were absolutely against it. This was in October of 1972, one month before the election. And there was a vote, and six Democrats voted with the Republicans against our subpoenaing the records. And then there was a story -- I think it was in the Washington Monthly and some other papers, magazines -- that the six Democrats all had problems with the Administration. One maybe wanted some help with a bank that he was a director of -- and various problems. And Brasco, it was alleged, had problems that he was a subject of an investigation for having sold with his uncle, who was on the staff or worked with Brasco, to somebody who was a mafioso, as reported by the FBI, a contract with the Post Office. Brasco was also on the Post Office Committee of another committee. And the thought expressed in the papers was that he had gone along with the Administration. And I must say: it's probably accurate, because ultimately Mitchell was quoted in Watergate, some tape that he did, that he had called (as he put it, is my recollection) all of





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