Word: iran-contra
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...many code names that Lieut. Colonel Oliver North attracted during the Iran-contra affair ranged from the heroic "Good" to the cryptic "B.G." (for "Blood and Guts") to the macho "Steel Hammer." But the most significant, and bizarre, could turn out to be "Belly Button." That improbable monicker was the name for a Swiss bank account containing $200,000 in Iran-arms profits that were set aside for the former National Security Council aide and his family...
News of the account, opened in the name Button, gave yet another twist to the Iran-contra hearings on Capitol Hill. A growing body of evidence indicates $ that North was not merely a reckless Marine who was acting purely for patriotic reasons in setting up the secret contra supply network and trading arms for hostages with Iran. Instead, last week's testimony suggested that like many of his private-sector companions, North may have been driven in part by a profit motive...
...President, and good luck and fun in Europe. The fresh faces of James Madison High School in Vienna, Va., cheer him off from the sweet sweep of the South Lawn. The creaky jet still has some spirit as it thunders up through the gray clouds and is away. The Iran-contra mess seems to fade to a whisper, the deficits and the trade struggle to diminish magically. At 37,000 ft., the world looks green and serene, even manageable...
...special solitary-confinement corridor of the fortress-like maximum-security U.S. Penitentiary at Marion, Ill. There, behind a steel door slotted for the passage of meal trays, Prisoner No. 08237054 spends his days peering at a tiny black-and-white television set, watching with fascination the proceedings of the Iran-contra hearings in Washington...
...Although the Iran-contra hearings are not directly concerned with Eatsco's operations, committee investigators have privately interviewed Shirley Brill, a former CIA administrator and companion of Clines'. Brill informed the investigators last week that Clines told her that Wilson, Secord, Shackley and Erich von Marbod, a former Defense Department official, were partners with him in Eatsco. Von Marbod, who retired from the Pentagon in 1981 at the same time that the Eatsco inquiry began, has not been implicated in the Iran-contra scandal...