Editing ITT Inc. (section)

=== Involvement in 1973 Pinochet coup in Chile ===

In 1970, ITT owned 70% of CTC (the Chilean Telephone Company, now [[Movistar]] Chile) and funded ''[[El Mercurio]]'', a Chilean [[Right-wing politics|right-wing]] newspaper. ITT also had some $200&nbsp;million-worth of investments in [[Chile]]. Under Geneen's leadership, ITT funneled $350,000 to [[Salvador Allende|Allende]]'s opponent, [[Jorge Alessandri]].<ref>Gilpin, Kenneth N. [https://www.nytimes.com/1997/11/23/business/harold-s-geneen-87-dies-nurtured-itt.html ''"Harold S. Geneen, 87, Dies"''] ''The New York Times'', November 23, 1997</ref> When [[Salvador Allende|Allende]] won the presidential election, ITT offered the [[CIA]] $1,000,000 to defeat [[Salvador Allende|Allende]], though the offer was rejected.<ref>[http://foia.state.gov/Reports/ChurchReport.asp ''Staff Report of the Select Committee To Study Governmental Operations With Respect to Intelligence Activities''] {{Webarchive|url=https://web.archive.org/web/20090911173014/http://foia.state.gov/Reports/ChurchReport.asp |date=September 11, 2009 }}, December 18, 1975</ref> Declassified documents released by the U.S. [[Central Intelligence Agency]] in 2000 reveal that the company financially helped opponents of [[Salvador Allende]]'s government prepare a [[military coup]].<ref>[http://foia.state.gov/Reports/HincheyReport.asp#17 Hinchey Report] {{webarchive|url=https://web.archive.org/web/20091020110606/http://foia.state.gov/Reports/HincheyReport.asp |date=2009-10-20 }} at US Dept. of State</ref><ref>{{cite news | url=https://www.nytimes.com/2003/01/30/world/edward-korry-81-is-dead-falsely-tied-to-chile-coup.html?pagewanted=1 | work=The New York Times | title=Edward Korry, 81, Is Dead; Falsely Tied to Chile Coup | first=David | last=Stout | date=January 30, 2003 | access-date=May 5, 2010 | url-status=live | archive-url=https://web.archive.org/web/20130512023248/http://www.nytimes.com/2003/01/30/world/edward-korry-81-is-dead-falsely-tied-to-chile-coup.html?pagewanted=1 | archive-date=May 12, 2013 }}</ref><ref>[http://www.democracynow.org/blog/2013/9/10/the_pinochet_file_how_us_politicians_banks_corporations_aided_chilean_coup_dictatorship The Pinochet File: How U.S. Politicians, Banks and Corporations Aided Chilean Coup, Dictatorship] {{webarchive|url=https://web.archive.org/web/20150912170956/http://www.democracynow.org/blog/2013/9/10/the_pinochet_file_how_us_politicians_banks_corporations_aided_chilean_coup_dictatorship |date=2015-09-12 }}. ''[[Democracy Now!]]'' September 10, 2013.</ref> On September 28, 1973, an ITT building in New York City was bombed by the [[Weather Underground]] for involvement in the coup d'état.<ref>{{cite news | url=https://select.nytimes.com/gst/abstract.html?res=FB0815FA3554137A93CBAB1782D85F478785F9 | work=The New York Times | title=I.T.T. OFFICE HERE DAMAGED BY BOMB; Caller Linked Explosion at Latin-American Section to 'Crimes in Chile' I.T.T. Latin-American Office on Madison Ave. Damaged by Bomb Fire in Rome Office Bombing on the Coast Rally the Opponents | date=September 29, 1973 | access-date=May 5, 2010 | first=Paul L. | last=Montgomery | url-status=live | archive-url=https://web.archive.org/web/20110512100123/http://select.nytimes.com/gst/abstract.html?res=FB0815FA3554137A93CBAB1782D85F478785F9 | archive-date=May 12, 2011 }}</ref><ref>{{Cite book |last1=Ayers |first1=Bill |url=https://books.google.com/books?id=X2OJhrWo6PcC&dq=itt+bomb+1973&pg=PT257 |title=Sing a Battle Song: The Revolutionary Poetry, Statements, and Communiques of the Weather Underground 1970-1974 |last2=Dohrn |first2=Bernardine |last3=Jones |first3=Jeff |date=2011-01-04 |publisher=Seven Stories Press |isbn=978-1-58322-965-1 |pages=257 |language=en}}</ref>