Word: businessman
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...Button account was disclosed by a key player in the scandal, Iranian- born Businessman Albert Hakim. He handled the financial side of the Iran- contra "enterprise," while North took care of the political end and retired Air Force Major General Richard Secord, a business partner of Hakim's, oversaw operations. "I intended to profit from my activities," said Hakim. "I never made any pretense about that fact." And profit he did. The enterprise made a total of $14.9 million from its transactions; $8 million of those profits were frozen in bank accounts after the scandal broke...
Hakim at first contended that North remained ignorant of the bank account despite his wife's discussion with Zucker. But under questioning from Senate Chief Counsel Arthur Liman, the businessman admitted, "Eventually, I would have found it impossible for him not to know." Congressional investigators have already uncovered evidence that North used $2,000 worth of traveler's checks obtained from Contra Leader Adolfo Calero to buy groceries, snow tires and gasoline...
...Iraqi President Saddam Hussein. Secord and North approved Hakim's arrangement. Four days before the election, Hostage David Jacobsen was freed (nonetheless, the G.O.P. lost control of the Senate). When Liman sarcastically asked Hakim if he felt as if he had played "Secretary of State for a day," the businessman boasted, "I had it better than the Secretary . . . I can achieve more...
FOOTNOTE: *The other governors: Kansas Banker Wayne Angell, 59; California Economist H. Robert Heller, 47; Manuel Johnson, 38, a former U.S. Treasury official; Houston Businessman Edward Kelley, 55; Martha Seger, 50, a former Michigan bank regulator. One board seat is currently vacant...
International financier Robin Tavistock '62also criticized Americans. The British native saidAmericans often fail in foreign markets becausethey assume international businessman understandtheir culture and language...