President Nixon and H.R. Haldeman briefly discussed the ongoing crisis surrounding the Lockheed Corporation's financial stability. The conversation focused on the potential resignation of Deputy Secretary of Defense David Packard amidst the government's deliberations over a corporate bailout. No final policy resolution was reached during this brief exchange, which centered primarily on personnel implications regarding the Lockheed decision.
On May 7, 1971, President Richard M. Nixon and H. R. ("Bob") Haldeman talked on the telephone at an unknown time between 9:43 am and 9:44 am. The White House Telephone taping system captured this recording, which is known as Conversation 002-111 of the White House Tapes.
Nixon Library Finding AidConversation No. 2-111
Date: May 7, 1971
Time: Unknown between 9:43 am and 9:44 am
Location: White House Telephone
The President talked with H. R. (“Bob”) Haldeman.
Lockheed decision
-David Packard's possible resignationThis transcript was generated automatically by AI and has not been reviewed for accuracy. Do not cite this transcript as authoritative. Consult the Finding Aid above for verified information.