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Last year at this time the world worried about German unification, a U.S. appeals court overturned Oliver North's Iran-contra conviction, and Pete Rose was headed for jail. Saddam Hussein was ranting about Kuwait's excessive oil production, but few believed even he would choose the sword so soon after the end of Iraq's eight-year conflict with Iran. In fact, Saddam's bellicosity ("O God almighty, be witness that we have warned them") was barely noted. The big news from the Middle East was the possibility that Syria's Hafez Assad might finally be serious about negotiating...

Author: /time Magazine | Title: Kuwait: Back to the Past | 8/5/1991 | See Source »

Today Germany is peaceful, Iran-contra is threatening Robert Gates' nomination to head the CIA, Pete Rose is out of jail, and the big news from the Middle East again concerns the possibility of a negotiated peace among Arabs and Jews. And, of course, there is still Saddam -- beaten but unbowed, as arrogant and ruthless as ever, a defiant, devious tyrant tempting another U.S. strike that would aim to complete the job begun in January...

Author: /time Magazine | Title: Kuwait: Back to the Past | 8/5/1991 | See Source »

...black network was a natural outgrowth of B.C.C.I.'s dubious and criminal associations. The bank was in a unique position to operate an intelligence- gathering unit because it dealt with such figures as Noriega, Saddam, Marcos, Peruvian President Alan Garcia, Daniel Ortega, contra leader Adolfo Calero and arms dealers like Adnan Khashoggi. Its original purpose was to pay bribes, intimidate authorities and quash investigations. But according to a former operative, sometime in the early 1980s the black network began running its own drugs, weapons and currency deals...

Author: /time Magazine | Title: B.C.C.I.: The Dirtiest Bank of All | 7/29/1991 | See Source »

Those unsettling questions have become the focus of the investigation by Lawrence E. Walsh, who has been the Iran-contra independent counsel since December 1986. His inquiry is being assisted by Alan Fiers, former head of the CIA's Central American Task Force, who has admitted misleading Congress about when the agency first learned of the diversions. Fiers now says he became aware of the fund transfers during the summer of 1986 and warned the agency's deputy director of operations, Clair E. George, about them. But he charges that George ordered him to deny any knowledge...

Author: /time Magazine | Title: Scandals: Walsh: Targeting A CIA Cover-Up | 7/29/1991 | See Source »

Even if ROBERT GATES shakes off the Iran-contra allegations that have stymied his chances to be head of the CIA, will his spy staff ever respect a guy who flunked Surveillance 101? When Gates was a young CIA trainee in the early 1960s, one of his early attempts to tail a suspect was notably unsuccessful, according to a former classmate. Gates was assigned to shadow a man in Richmond. But the local police became curious about the apprentice spy loitering on a street corner and hauled Gates in for questioning. Hours later, after a CIA instructor intervened, the spook...

Author: /time Magazine | Title: Tinker, Tailor, Soldier -- Screw-Up? | 7/29/1991 | See Source »

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