re. IQ, ate r
PRIME MINISTER
STATEMENT BY THE PRIM F, MINISTER. THE HON. P. J. KEATING, MP
COMMENTS REGARDING FOREIGN INVESTMENT IN AUSTRALIA
I have received the attached letter from the President and Chief Executive Officer of
American Express Company, Mr Harvey Golub. American Express owns the financial
firm. Lehman Brothers. American Express has also informed me that it is content to
have this letter made public.
CANBERRA, JNE 28, 1993 '-3 9 . r 73/ 93
HAAV lOAN
w WOuO O WA
June 24, 1093
The Hen. Mr. Paul K, 6
Prime Mlnl* top
Parliament House
CANBERRA ACT 260
Ower Prime Minotern
I am writing about a I
on national television
analst. Mr. Davleos
reardino the Mabo A
forolgn investment In
way. I wqnt you to know ti
Investment analyst In
viewpoint ot either Ai
to amchaesl2 that it I
than those which rlg
As I read the article,
smart people say var
be Ignored; when the
apologize on behalf a
Yours sincerely, a VOMAW IXPASSO 4 MMA'MYW
* 0L4L CWc2MC WEVI '~ OM iftKq IS4
ting MP
tatemont reported In the Daily Telegraph Mirror and
attributed to Rob Davies, A Lehman Brothers
* xpressed the opinion that the High Court decision
boriginal land matter would be a deterrent to
Australia, and he clearly did so In an Inappropriate
at such personal remarks, which were made by an
one of our subsldiarles. do not represent the
erican Express or Lehman Brothers. I would like
outside our normal practice to make remarks other
t to ja"=~ 1 investment products or oompanies.
Vreinforced my belief that sometimed supposedly
stupid things. When they do so In private, It can
do so in public, spologies are In order. I do so
my Company. VA cC'
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