By the time Clark testified, he had, at the behest of Bandstand's network, ABC, sold off his ownership stakes in those record labels, and so he walked away without punishment. So, when a Bandstand appearance propelled record sales for certain acts, Clark profited. "I think the crime I have committed, if any, is that I made a great deal of money in a short time on little investment," Clark actually told Congress. Allan Spreen Ripoff, Scam and a Liar Frederick Maryland General Comment: Information, not rebuttal General Comment: Information, not a rebuttal Consumer Comment: Information About Allen Spreen- Here is your Proof. Richard Gerhauser, MD (Natural Health Response) - Dr. Findings showed that Clark, who hosted all kinds of up-and-coming acts on American Bandstand, also had a financial stake in many of those artists' record labels - 33 different music companies, in fact.
In 1960, the House Committee on Legislative Oversight investigated Clark during the "payola" scandal, an especially skeevy moment in the recording industry's history that revealed an elaborate system of illegal and quasi-legal kickbacks and ownership stakes. How Does It Work Miracles from the Vault and their spokesman, Dr. Allen Spreen, formerly published and available from the Health Sciences Institute (HSI), which claims to tell readers about seven deadly pharmaceutical drugs they should be replacing with alternative treatments. It was in that capacity where Dick Clark got up to some shady business dealings. Miracles from the Vault is a health and wellness book by Dr. Clark's big break was as the host and producer of American Bandstand, a pop music showcase that ran from the '50s until the late '80s.
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