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...always known how to dramatize life as a struggle between black and white, between good and evil. A committee counsel came to ask North about the nearly $14,000 security system he had installed at his suburban Virginia house, a setup that was paid for by Major General Richard Secord. North delivered a magnificent aria in which he described how the Palestinian terrorist Abu Nidal had targeted him for assassination. He told how Nidal's group had brutally murdered Natasha Simpson, 11, daughter of an American journalist, in the Christmas 1985 massacre at the Rome airport. "I have an eleven...

Author: /time Magazine | Title: Charging Up Capitol Hill | 7/20/1987 | See Source »

...most prominent of Ollie's operatives was Richard Secord, the retired Air Force major general who had helped to create several private companies, including Lake Resources Inc., a Panamanian shell corporation with a Swiss bank account. Through Secord's companies, North was able to move Iranian arms money, buy planes, charter ships and perform myriad tasks that seemed beyond the abilities of the Government bureaucracies. Says Livingstone: "Ollie was in a white rage all the time over the help the CIA gave him." In a computer note to National Security Adviser John Poindexter, North wondered, "Why Dick can do something...

Author: /time Magazine | Title: The Marine's Private Army | 7/13/1987 | See Source »

...Secord's outfit, Stanford Technologies Trading Group International, was only one of many such firms that have grown up around the Washington Beltway in the past decade, most of them staffed with veterans of the huge CIA covert operations of the Viet Nam era. Reacting both to the end of the war and to congressional investigations of covert activities, Jimmy Carter's CIA director Stansfield Turner purged nearly 800 people from the agency. Some of them turned up in the Beltway firms. "One result of the purge was that many of the former agents set up private companies that began...

Author: /time Magazine | Title: The Marine's Private Army | 7/13/1987 | See Source »

...number of recently retired CIA and Pentagon officials, having been through the wars together in Southeast Asia, formed a kind of old-boys network. Theodore Shackley, who knew Secord in Laos and had been the CIA's station chief in Saigon, worked from 1981 to 1983 as a consultant for Secord's business partner Albert Hakim. Shackley had been a candidate to become head of covert operations before his career was sidetracked by Turner. Another former Shackley associate at the CIA, Thomas Clines, helped Secord establish logistics for North's operation to supply the Nicaraguan contras...

Author: /time Magazine | Title: The Marine's Private Army | 7/13/1987 | See Source »

...Shackley denies any wrongdoing in the Iran-contra affair. "I have had nothing to do with what Secord has chosen to call 'the enterprise,' " Shackley told TIME last week. "I have had nothing to do with North." Nonetheless, North's projects freely used private operators. Secord, for example, retained the services of American National Management Corp. to fly supplies to the contras in Nicaragua. That company was founded and run by Colonel Richard Gadd, a retired Air Force cargo-plane pilot who was a longtime associate of Secord's. Gadd had also worked for the U.S. Army Special Operations Forces...

Author: /time Magazine | Title: The Marine's Private Army | 7/13/1987 | See Source »

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