Monday, Apr. 06, 1987

Business Notes SCANDALS

In a 35-year career at Anheuser-Busch, he rose from office boy to president of the brewing subsidiary -- a remarkable ascent that made his sudden fall from grace last week all the more stunning. Dennis Long, 51, resigned as the No. 2 . officer in the company, behind Chairman August Busch III, amid a spreading executive-suite scandal. Just two weeks earlier, three other senior officials left the company after allegations that a St. Louis advertising agency gave kickbacks to two of the executives and a Porsche sports car to the third. Though Long has not been implicated, he said he assumed "full responsibility" for the actions of his subordinates.