Word: iran-contra
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...became chairman of the SEC in 2005, Cox represented California’s 48th district in the House of Representatives, most recently chairing the Committee on Homeland Security. Before that, he served as senior associate counsel to the president from 1986 to 1988, representing Ronald Reagan during the Iran-Contra scandal. While Cox, who received degrees from Harvard Business School and Harvard Law School in 1977, said it was “not self-evident” that the incursion of government-controlled firms and funds into capital markets would bring negative results, he said U.S. policy should be based...
Venice afforded most allied leaders their first close-up look at Reagan since the Iran-contra scandal broke, and they were distressed by what they saw. The 76-year-old President appeared visibly older and slower, physically and mentally. He dismayed several heads of government by reading from index cards during informal gatherings, something he had not done at previous summits. Compared with his performance at the Tokyo summit last year, said a French diplomat, the President "seemed much less at ease, much more hesitant...
...drama, the speech received relatively little media coverage. Compared to the younger, more vigorous Gorbachev, Reagan seemed to be a diminished figure on the world stage, a lame-duck President hobbled by the Iran-Contra scandal at home. But in hindsight, the "Tear Down this Wall" speech helps explain how the Cold War ended. Unlike many conservatives, Reagan believed that the U.S.-Soviet arms race was not immutable, and that the rivalry between East and West that had defined the Cold War could be defused through diplomacy and persuasion. In Gorbachev, he found a partner with whom he could...
...role in the leak of CIA officer Valerie Plame's identity. The sentence is longer than the minimum recommended by federal guidelines, and the judge said he sees no likely justification for an appeal. Libby, 56, the highest-ranking White House official to be convicted of a felony since Iran-contra, could go to jail within two months...
...worth remembering that off-year elections often aren't predictors of the outcome of the next presidential one. The 1994 Republican off-year sweep was followed by Bill Clinton's easy 1996 victory over Bob Dole. The 1986 Democratic take-back of the Senate and the 1987 Iran-contra scandal didn't prevent then Vice President George H.W. Bush from dismantling Michael Dukakis in 1988. 2006 was a bad year for the G.O.P...