Word: iranscam
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Prime Minister Mousavi's remarks in parliament seemed directed, at least in part, at the festering issue of the $506 million in blocked Iranian funds that is still held by the U.S. Now that secret talks between Washington and Tehran have been aborted by the Iranscam scandal, negotiations on the blocked funds are the only known contact between the two countries. The U.S. has acknowledged that the money belongs to Iran, but the two sides remain divided over a welter of technical details. At midweek the latest round of talks ended inconclusively...
While Hashemi, former chief of the Tehran bureau responsible for exporting Islamic-style revolution, is an expendable power broker, the case against him has wider political significance. The Iranscam affair became public knowledge after radical supporters of Hashemi reportedly leaked the story of Iran's covert diplomatic and military dealings with the U.S. to ash-Shiraa, the Lebanese magazine that Ronald Reagan subsequently described as "that rag in Beirut." Moreover, Khomeini's public support for punishing Hashemi has been interpreted by some observers as evidence that the radicals in the Iranian leadership are losing ground to the pragmatists...
...robe for her, a horse blanket for him) and on Saturday flew off to Palm Springs, Calif., for a week's vacation, but in the Oval Office the President kept a low profile. Perhaps the holidays would quell the furor over the Iran arms scandal, if only temporarily. But Iranscam offered only more grim tidings: continued inertia and infighting at the White House, increased squabbling between the Administration and Capitol Hill over how to clear up the mess, questions about the health of CIA Director William Casey and the emotional stability of Lieut. Colonel Oliver North, and a wave...
Reagan's only substantive public statement on Iranscam last week provoked a minor uproar on Capitol Hill. In a speech to a businessmen's group, the President made the ill-conceived proposal that the Senate Intelligence Committee provide him with its findings on the Iran-contra matter. That way, said Reagan, the White House could declassify the information and release it "so the American people can judge for themselves" what the scandal is about. Since the still incomplete probe has found no evidence of presidential complicity in any misdeeds, the report might exonerate Reagan in the eyes of the public...
...Japanese magazine for Allen's help in arranging an interview with Nancy Reagan. Though Allen was cleared of any wrongdoing, he resigned in January 1982. North later used the same safe to keep some of his own papers, possibly including a few that might shed some light on the Iranscam mess...