Word: banisadr
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...major difficulty for the Administration was that throughout the week various Iranian authorities kept changing the terms of the bargaining. On Tuesday Acting Foreign Minister Abol Hassan Banisadr sent a letter to U.N. Secretary-General Kurt Waldheim. The letter implied that the hostages could be released if the U.S. agreed to turn over the Shah's personal fortune to Iran and "at least accept the investigation of the guilt of the former Shah and its consequences." The letter omitted any specific demand for the Shah's return. Some officials saw the beginnings of a compromise here, but Banisadr said later...
...failure to find some sort of compromise could also trigger a global banking panic, and that is something that would hurt Iran's creditors as much as Iran itself. Reports that Abol-Hassan Banisadr - said to be a leading candidate for Finance Minister in the regime that Ayatullah Khomeini wants to establish - plans to write off an undisclosed portion of Iran's foreign debt if cho sen for the post, were hardly reassuring. Said a Citibank vice president bravely: "Whatever comes out of this will be a sensible decision. Someone will be there with a level head...