Word: iran-contra
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Within the past year, Wall Street insider trading scandals, the Iran-contra arms deals and the press's handling of Gary Hart have prompted a reexamination of ethical conduct in fields as diverse as government, the press, business and religion throughout the nation...
...retrospect, all of the Reagan Administration's dirty laundry so far revealed in the various inquiries looking into the Iran-contra shenanigans should have come as little surprise. In fact, in the two weeks before the Hasenfus plane was shot down alone two Administration actions were made public which neatly capture all that is wrong and odious in the arms-for-hostages deal with Iran and the diversion of profits from that sale to the contras. First, there was the case of journalist Nicholas P. Daniloff '56, arrested in Moscow by the Soviet Union on trumped-up espionage charges...
...only conclusion that can be reached from these two events and the whole Iran-contra mess is that when it is used in the putative defense of liberty, deception of the electorate, the younger sibling of extremism, is no vice to Ronald Reagan and his cronies. Thus Ollie North, who seems not only to have deceived his country but also his friends, is "a national hero" in Ronald Reagan's misty eyes. And what really gets the President's goat--"what is driving me up the walls," as he told Time Magazine in a remarkable interview...
...people, popular recrimination and disengagement from the public sphere can be expected. This would be the worst consequence of the Administration's brazen disregard for law--if Americans walked away from the experience jaded, thinking democracy and politics inherently flawed. But while Americans need to learn something from the Iran-contra scandal, their lesson need not be a harsh...
...more and more people have blamed Harvard for failing to train the next generation of leaders, as national scrutiny of ethics increased after the Iran-contra scandals and the Wall Street insider trading cases. "Whatever the ills of the society are, somebody will find a way to relate them to Harvard," says Allison, adding that, in New York and Washington, Harvard is perceived as churning out graduates who are interested only in "getting rich quick...