Word: iran-contra
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...perjury conviction of former Reagan Aide Michael Deaver, who was prosecuted by Independent Counsel Whitney North Seymour Jr. But what really had Washington holding its breath was the prospect that a reversal might put into question evidence collected by Independent Counsel Lawrence Walsh in the first months of his Iran-contra investigation, before he took a backup appointment from the Justice Department. The ruling also frees Prosecutor James McKay, who earlier obtained a conviction of former White House Aide Lyn Nofziger, to release the report on his investigation into Attorney General Edwin Meese...
...this whole thing ends with just the resignations of Ronald Reagan and George Bush, I'll be disappointed," Attorney Daniel Sheehan declared after filing a $22.5 million civil suit in 1986 charging that former U.S. intelligence agents and anti-Communist crusaders -- including prominent figures in the Iran-contra mess -- had engaged in "political assassination, gunrunning and drug trafficking." Last week, just before the case was to go to trial, Federal Judge James Lawrence King ruled that Sheehan and his colleagues at the Christic Institute, a Washington public-interest law firm, had failed to prove their conspiracy theory...
...greater familiarity with Bush may work to his disadvantage. He has been tainted by the Iran-contra affair and questions about his involvement with Panama's Manuel Noriega. "We're all waiting for the other shoe to fall," says Geri Elich, elementary-school librarian and a Republican. In fact, most people dislike Bush more than they favor Dukakis. Says Prineville Mayor Wally Boe: "People aren't enthusiastic about Bush. They haven't been exposed enough to become unenthused with Dukakis...
Reagan benefited considerably from Baker's stature on Capitol Hill. During the Iran-contra hearings, Baker helped keep relations between the White House and the Congress from getting too testy. After the crisis passed, Baker turned the President's attention to superpower relations, and was instrumental in ensuring Senate ratification of the INF treaty...
...Carlucci, who has been lobbying with a reluctant Congress to sustain the defense buildup, the scandal will make his task more difficult. Nor will it help Vice President George Bush, whose campaign for the Oval Office has already been saddled with the Iran-contra affair, implications of widespread impropriety among Reagan appointees and the investigation of Attorney General Edwin Meese. The Vice President could be further embarrassed by his close association with former Navy Secretary John Lehman. One of the principal targets of the investigation is former Assistant Secretary of the Navy for Research, Engineering and Systems Melvyn Paisley...