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Word: iranscam (lookup in dictionary) (lookup stats)
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...preparing to deliver at midweek. It shapes up as probably the most important speech of his presidency. At week's end, though, it was still undecided what Reagan would say. Virtually every one of the President's current advisers is arguing that Reagan should forthrightly accept the blame for Iranscam that the Tower commission pinned squarely on him, confess blunders on his own part as well as by his staff, and follow up quickly by submitting to the battering of the press at a news conference. Says one aide: "First, he has to go on television and admit that...

Author: /time Magazine | Title: Ronald Reagan: Can He Recover? | 3/9/1987 | See Source »

...chief legal adviser to the President, Meese must bear blame for that. But Shultz says he will not resign, and replacing him would cause more turmoil in foreign policy. Weinberger and Meese are old friends of Reagan's from California days. Replacing lower-ranking Cabinet members unconnected to Iranscam would prove nothing, though it might serve to energize an Administration that suffers from intellectual lameness...

Author: /time Magazine | Title: Ronald Reagan: Can He Recover? | 3/9/1987 | See Source »

...there a cover-up? In perhaps its weakest section, the report notes that North, "either on his own or at the behest of others, actively sought to conceal important information" after the scandal became known. He produced a chronology of Iranscam events that "had many inaccuracies." McFarlane is faulted for helping Poindexter, North and other NSC staffers produce a dozen versions of this chronology, which the former National Security Adviser admitted "did not present a full and completely accurate account." The board reported that it could not confirm whether North had shredded documents relevant to the investigations under...

Author: /time Magazine | Title: The Tower Panel: Laying Out the Brutal Facts | 3/9/1987 | See Source »

After the Libyan allegations broke, Pennsylvania Republican Arlen Specter said Gates' confirmation "is no longer a shoo-in." The committee had already put off a vote until at least next week, in case the Tower commission disclosed something new about Gates' role in Iranscam. There is still some ambiguity about that role. Two sources told TIME last week that Gates helped piece together the Ollie chronology. The CIA vehemently denies it. In fact, one official says Gates visited North's office late last November to demand that North admit he lied about one point...

Author: /time Magazine | Title: Tower Of Judgment | 3/2/1987 | See Source »

...lost in the tumble of revelations about Iranscam have been the details of what Oliver North and his free-lance operatives were actually doing. How did they transfer weapons and carry out their intricate dealings? The erratic journeys of a small Danish freighter provide a glimpse of the haphazard way the operations worked -- or didn...

Author: /time Magazine | Title: Wayward Ship: How North & Co. operated | 3/2/1987 | See Source »

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