James Ling

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Person.png James Ling  Rdf-icon.png
(businessman)
A connected businessman who benefitted financially from the assassination of JFK.

In early November 1963, David Harold Byrd and his investment partner, James Ling, bought $2 million worth of stock (132,600 shares) in Ling-Temco Vought (LTV), their own arms company. Then in February 1964 LTV received from the US Navy the first major LBJ prime defense contract – for a fighter plane to be used in limited wars like Vietnam.[1] Peter Dale Scott calculated that this $2.5 million insiders’ purchase was worth $26 million by the end of 1967.[2]


References

  1. New York Times, February 12, 1964. The Times estimated that the contract “could run into more than a billion dollars.”
  2. Document:911 JFK and War


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