Word: scandalizes
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Dates: during 1980-1989
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Just a year earlier, when America blazed with celebrations for the 100th birthday of the Statue of Liberty, Reagan had seemed the most popular President in years. But after a steady flow of congressional hearings on the Iran-contra arms scandal, of war threats in the Persian Gulf, of huge budgetary and trade deficits, of a declining dollar and a crashing stock market, his own stock fell. A CBS/New York Times poll at the end of November reported that 45% of the citizenry approved of the way Reagan was doing his job, down from 52% only six weeks earlier...
Among the other runners-up for Man of the Year would have to be the figure at the center of the Iran-contra scandal, though there was some uncertainty about who that might be. Rear Admiral John Poindexter, who had been forced to resign as the President's National Security Adviser, testified that he was in ^ charge of the operation and that he had decided, for Reagan's protection, not to tell the President all the details. But there were many in Congress who doubted that the cautious and rules-bound admiral would undertake such a risky venture...
January 1987. The Reagan Administration is in the throes of the Iran-contra scandal. National attention is focused on former National Security Council Aide Oliver North as a central figure in the political melodrama. But North isn't talking. The White House is on edge; no one knows what secrets North holds or whom he may implicate in the scandal. In this atmosphere of high anxiety, North's attorney, Brendan Sullivan, meets with Reagan's special counselor on Iranscam, David Abshire. Sullivan's objective: a presidential pardon for his client...
...widening Wedtech scandal last week rippled closer to Attorney General Edwin Meese. In New York City, U.S. Attorney Rudolph Giuliani produced indictments charging an old Meese friend, his investment counselor and a former Wedtech adviser with racketeering and fraud. Among their alleged crimes: extracting illegal payments from Wedtech for trying to get Meese to help the ailing, minority-owned, Bronx-based construction firm...
...Lasker told a packed courtroom in Manhattan, "Criminal behavior such as Boesky's cannot go unchecked. Its seriousness was too substantial merely to forgive and to forget." With that the judge sentenced the onetime superstar investor to three years in prison for his role in the largest insider-trading scandal in history...