A Friend in the White House

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Michael Reagan bridled last week when a reporter asked a question that seemed to compare him to Billy Carter. "Don't start that," he said. Yet worse may be ahead. The Los Angeles County district attorney's office is "very close to making a decision" on whether to seek an indictment on charges that Reagan diverted $17,500 of investors' money from his gasohol venture to personal expenses while helping his father campaign. When that issue erupted in February, the President's son snapped, "I don't believe they'd be doing this if my name was Jones."