Magazine content is available exclusively for TIME subscribers.The Nation: Flanigan's Shenanigans
EVERY Administration has its in-house contact with big business—a staff aide or presidential intimate to hear the complaints, plead the cases and soothe the ruffled feathers of the fat cats and Pooh-Bahs. The position naturally invites allegations of mollycoddling business at public expense. But few who have held it have proved more controversial or more subject to charges of favoritism than Peter Flanigan, Richard Nixon's "Mr. Fixit" when it comes to powerful business interests.
A millionaire former Wall Street investment banker (Dillon Read), Flanigan, 48, is variously regarded as a mischievous genius of finance, a wheeler-dealer and the business community's best friend...
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