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@ -83,7 +83,7 @@ relations:
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role: "board member, as stated in the October 21, 2004 New School release"
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fn: 40
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created: 2026-10-09
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updated: 2026-10-09
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updated: 2026-10-14
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---
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[[Bernard L. Schwartz]] (December 13, 1925 to March 12, 2024) was a [[Brooklyn]]-born investor who took over the ailing [[Loral Corporation]] in 1972, sold the bulk of it to [[Lockheed Martin]] in 1996, and served as a trustee of the [[New School for Social Research|New School]].[^1]
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@ -167,7 +167,7 @@ On December 14, 1998, Judge [[Manuel Real]] of the U.S. District Court in Los An
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### The 2002 consent agreement
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The State Department's draft charging letter to [[Eric J. Zahler]], president and chief operating officer of Loral Space & Communications, signed by William Lowell, director of the Office of Defense Trade Controls, states that Space Systems/Loral violated the Arms Export Control Act and the International Traffic in Arms Regulations in connection with its conduct after the February 1996 failed launch carrying Intelsat 708, and that "Sixty-four (64) violations are alleged at this time." Charges 1 to 5 concern Space Systems/Loral's attendance at a failure briefing in Beijing on April 10 to 12, 1996, the charter of the Independent Review Committee, a further Beijing briefing on April 15 to 16 and the first committee meeting in Palo Alto, each without a Defense Department monitor or a license; charges 6 to 29 concern the 24 areas for further technical investigation delineated at that meeting; charges 30 to 61 concern the written summary faxed to China Great Wall on April 25, the second committee meeting in Beijing from April 30 to May 1, the faxed draft of the preliminary committee report on May 7, the final report on May 10, a copy faxed on May 13 to an insurance industry representative in Beijing, and an evaluation of the Long March 3B stage separation system. Charge 62 concerns the October 5, 1995 license application for the Apstar IIR satellite, and charges 63 and 64 concern the May 5 and May 16, 1997 submissions of technical assistance agreements for Chinasat 8, each alleged to have omitted the technical interchanges already held with Chinese authorities. The letter states that civil penalties may not exceed $500,000 per violation.[^8]
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The State Department's draft charging letter to [[Eric J. Zahler]], president and chief operating officer of Loral Space & Communications, signed by William Lowell, director of the [[Directorate of Defense Trade Controls|Office of Defense Trade Controls]], states that Space Systems/Loral violated the Arms Export Control Act and the International Traffic in Arms Regulations in connection with its conduct after the February 1996 failed launch carrying Intelsat 708, and that "Sixty-four (64) violations are alleged at this time." Charges 1 to 5 concern Space Systems/Loral's attendance at a failure briefing in Beijing on April 10 to 12, 1996, the charter of the Independent Review Committee, a further Beijing briefing on April 15 to 16 and the first committee meeting in Palo Alto, each without a Defense Department monitor or a license; charges 6 to 29 concern the 24 areas for further technical investigation delineated at that meeting; charges 30 to 61 concern the written summary faxed to China Great Wall on April 25, the second committee meeting in Beijing from April 30 to May 1, the faxed draft of the preliminary committee report on May 7, the final report on May 10, a copy faxed on May 13 to an insurance industry representative in Beijing, and an evaluation of the Long March 3B stage separation system. Charge 62 concerns the October 5, 1995 license application for the Apstar IIR satellite, and charges 63 and 64 concern the May 5 and May 16, 1997 submissions of technical assistance agreements for Chinasat 8, each alleged to have omitted the technical interchanges already held with Chinese authorities. The letter states that civil penalties may not exceed $500,000 per violation.[^8]
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On January 9, 2002, the Department of State's Bureau of Political-Military Affairs, acting through its Office of Defense Trade Controls, and Space Systems/Loral entered a consent agreement under the Arms Export Control Act and the International Traffic in Arms Regulations. The agreement refers to a draft charging letter alleging that Space Systems/Loral violated Section 38 of the Act and Section 127 of the regulations.[^35]
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