Examples of Mainly Corporate Funded Think Tanks: Manhattan Institute The Manhattan Institute, founded by William Casey, who later became President Reagan's CIA director, besides subsidies from a number of large conservative foundations has gained funding from such corporate sources as: The Chase Manhattan Bank, Citicorp, Time Warner, Procter & Gamble and State Farm Insurance, as well as the Lilly Endowment and philantropic arms of American Express, Bristol-Myers Squibb, CIGNA and Merrill Lynch. Boosted by major firms, the Manhattan Institute budget reached US$ 5 million a year by the early 1990s.

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Casey, William J. b. March 13, 1913, Elmhurst, Queens, N.Y., U.S. d. May 6, 1987, Glen Cove, N.Y. Powerful and controversial director of the U.S. Central Intelligence Agency (CIA) from 1981 to 1987 during the Ronald Reagan administration. While affiliated with the law firm Rogers & Wells (1976-81), Casey became Reagan's presidential campaign manager and was subsequently awarded the directorship of the CIA in 1981. Under his leadership, covert action increased in such places as Afghanistan, Central America, and Angola, and the agency stepped up its support for various anticommunist insurgent organizations. He was viewed as a pivotal figure in the CIA's secret involvement in the Iran-Contra Affair, in which U.S. weapons were sold to Iran and in which money from the sale was funneled to Nicaraguan rebels, in possible violation of U.S. law. Just before he was to testify in Congress on the matter in December 1986, he suffered seizures and then underwent brain surgery; he died from nervous-system lymphoma without ever testifying.

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