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North arrived with Attorney Thomas Green, who at the time claimed to be representing North, retired Air Force Major General Richard Secord and Albert Hakim, Secord's partner in the highly profitable enterprise that participated in both the Iran arms sales and the air-supply missions for the contras. Hall, North and Green then walked out of the office and past a security check. North's briefcase was examined. Hall's boots and clothes were...

Author: /time Magazine | Title: Shredded Policies, Arrogant Attitudes | 6/22/1987 | See Source »

According to Hakim's testimony, North's motives may have been tainted by politics as well as profit. Hakim said he attended a secret meeting between North and other U.S. officials and Iranian government representatives in West Germany last October. North, said Hakim, was extremely eager for all of the U.S. hostages to be released before the November congressional elections, to "enhance the position of the President." But the Americans and the Iranians were at loggerheads. As North prepared to leave the meeting, Hakim asked if he could take over the negotiating. North gave him six hours...

Author: /time Magazine | Title: A Big Bonus for Belly Button | 6/15/1987 | See Source »

Under North's deadline pressure, Hakim worked out a nine-point plan that included a promise that the U.S. would deliver 500 TOW missiles to the Iranians and pursue the release of 17 Shi'ite Muslim terrorists being held in Kuwait in return for one or two American captives. Hakim, following Secord's recommendations, went as far as to commit the U.S. to fighting the Soviets if they invaded Iran, and he pledged U.S. assistance in efforts to topple Iraqi President Saddam Hussein. Secord and North approved Hakim's arrangement. Four days before the election, Hostage David Jacobsen was freed...

Author: /time Magazine | Title: A Big Bonus for Belly Button | 6/15/1987 | See Source »

...Senate Committee Chairman Daniel Inouye, Hakim's private foreign policy dealings were more disturbing than the indications of profiteering. Although Congress has been denied access to sensitive foreign policy material, Inouye pointed out, Hakim and other private operatives were handed top-secret KL-43 encryption devices, "something that the KGB would love to grab hold of." Moreover, he said, to learn of an "American lieutenant colonel . . . committing this country, its power and majesty, to defend Iran, without even consultation with the Congress of the United States, is just unbelievable...

Author: /time Magazine | Title: A Big Bonus for Belly Button | 6/15/1987 | See Source »

...cities but no longer suburbs, megacounties are where the action is. -- Mystery Man Hakim talks about $200,000 for North...

Author: /time Magazine | Title: Time Magazine Contents Page | 6/15/1987 | See Source »

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