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When readers of the New York Times glanced at the paper one morning last week, coffee cups rattled and bleary eyes widened. There, across two columns at the top of Page One, was an extraordinary mea culpa: A CORRECTION: TIMES WAS IN ERROR ON NORTH'S SECRET-FUND TESTIMONY. Two...

Author: /time Magazine | Title: Press: Some Hits, Some Runs, One Error | 7/27/1987 | See Source »

In his testimony before the congressional committees investigating the Iran-contra affair, Poindexter insisted he and he alone gave final approval to Lieut. Colonel Oliver North's proposal to take profits from U.S. arms sales to Iran and divert them to the Nicaraguan rebel forces. He claimed to have exercised...

Author: /time Magazine | Title: The Admiral Takes the Hit | 7/27/1987 | See Source »

The chain of command in the Iran-contra affair ran from Oliver North, who served as a National Security Council aide, through the National Security Adviser (first Robert McFarlane and then John Poindexter), to the President. Here, in paraphrase, is where the four stand in taking responsibility for key actions...

Author: /time Magazine | Title: The Admiral Takes the Hit | 7/27/1987 | See Source »

DESCRIPTION: Photos of Ronald Reagan, Oliver North, John Poindexter and Robert McFarlane, with color bars showing their statements on trading arms for hostages; the diversion; arming the contras; the cover-up.

Author: /time Magazine | Title: The Admiral Takes the Hit | 7/27/1987 | See Source »

By claiming he did not tell the President, John Poindexter lifts some pressure off Ronald Reagan. But his testimony raises questions: Is it credible? Can policies succeed when responsibility stops short of the Oval Office? -- Oliver North' s pleas for the contras revive efforts to win more U. S. aid...

Author: /time Magazine | Title: Time Magazine Contents Page | 7/27/1987 | See Source »

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