Word: contra
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Dates: during 1980-1989
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...retained a fondness for covert activities, and his reputation and elan have made him a hero within the agency. Yet the high morale at the CIA is in danger of evaporating as Iranscam unravels. Says one friend: "Everything that Bill Casey has achieved could be destroyed by the Iran-contra connection...
...summoned to provide outside counsel, even his wife. Their essence can be put in one word: act. Fire Chief of Staff Donald Regan or CIA Director William Casey, or both, as proof that the Administration intends to make a fresh start. Call the key figures in the Iran arms-contra funds scandal, Oliver North and John Poindexter, into the Oval Office and demand from them an accounting of their activities. But above all, do something. Don't just wait for inquisitive journalists, congressional investigators or, eventually, an independent counsel to force out all the facts about North's sticky...
Amid the turmoil, accusations began to surface that there may be yet another shock to come: that some of the profits of the arms-for-hostages deal may have ended up financing pro-contra political advertisements and perhaps even the campaigns of pro-contra congressional candidates. That charge is being made publicly by Democrats who have little evidence and obvious axes to grind, but it is a suspicion that is being voiced within the Executive Branch as well. According to one Government source, the Iranian arms profits were diverted into a political slush fund. According to another source close...
...closed-door testimony to the House Foreign Affairs Committee -- which promptly leaked -- Casey disclosed that Furmark had indeed warned him that there were irregularities involving the profits from the Iranian arms deals. Casey got this tip on Oct. 7, more than a month before the contra diversions were publicly revealed by Meese. Casey promptly took the information to Poindexter and, one of his aides says, suggested that "he get himself a lawyer...
...these revelations, nothing like the full story of the Iranian arms deals and contra fund diversions has yet emerged. The main obstacle: many of the congressional witnesses who could be most enlightening persisted in pleading their right under the Fifth Amendment to refuse to answer questions. North, who was fired from the NSC staff when the scandal broke, and his former boss Poindexter, the National Security Adviser, who resigned at the same time, have repeatedly been identified as prime movers in the whole mess; they reiterated their refusal to testify last week. Others who did the same: Richard Secord...