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Usage:

...remained unresolved. Most of these boiled down to one word: money. A major sticking point concerned the return of $8 billion to $14 billion in frozen Iranian assets, much of which was encumbered by American claims and attachments. Another problem appeared to be the Iranians' insistence on a multibil-lion-dollar escrow account to guarantee the return of the late Shah's U.S.-held assets. Said an aide to Secretary of State Edmund Muskie: "That's really where it's hung. They are serious about it. But they have to understand that...

Author: /time Magazine | Title: Hostages: Wheeling and Dealing | 1/19/1981 | See Source »

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