Word: banisadre
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...side stood the clergy-dominated Islamic Republican Party (I.R.P.), which had rabidly supported the taking of the hostages yet ultimately negotiated their release with the nation they called "the Great Satan." On the other side were the moderate supporters of President Abolhassan Banisadr, who had long called for an end to the crisis but now denounced the deal with Washington as a humiliating national sellout. In the wings lingered Iran's pro-Moscow Communists, temporarily in league with the right-wing mullahs but waiting for economic and political chaos to make the country ripe for a Soviet-sponsored takeover...
...moderates fired first with a volley of blistering editorials in Banisadr's daily Enghelab-e-Eslami. Noting that the government had recovered only $2.8 billion of its $12 billion in frozen assets-and not a cent of the Shah's fortune-the paper blamed the original, clerically supported seizure of the hostages for most of the country's appalling problems...
...festered throughout the Americans' captivity, as they were used by one faction or another as pawns in the struggle for power. Eventually the right-wing clerics, who until recently wanted the Americans to be kept captive, managed to subdue the more Western-oriented moderates led by President Abolhassan Banisadr, who would have preferred to release the hostages. The mullahs gained control of the Cabinet, parliament and judiciary and forced Banisadr to accept Fundamentalist Mohammed Ali Raja'i as Prime Minister. Then Banisadr, as commander in chief of the Iranian armed forces, gained great popularity with the people...
...drama that concluded last week. On Nov. 14,1979, ten days after the Americans were taken prisoner, then Treasury Secretary G. William Miller was awakened in his Washington home at 5 a.m. by a call from a State Department duty officer, informing him that then Iranian Finance Minister Abolhassan Banisadr was threatening to withdraw all of his country's deposits from U.S. banks and place them in financial institutions in other countries. The Iranians were hoping that this move would drive down the value of the dollar...
...Iran, Banisadr insisted that preoccupation with the hostages was preventing his nation from dealing with its own considerable troubles (30% unemployment, 50% inflation, low oil exports, a nasty border squabble with Iraq), but he could not persuade the newly convened Majlis to act. The summer dragged on. Ramsey Clark defied Carter's half-hearted travel ban and attended a conference in Tehran on "Crimes of America." The militants released Richard Queen, a hostage suffering from multiple sclerosis. On July 27 the Shah died, an event that months before might have been useful but now seemed almost irrelevant...