Word: secords
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...Button account was disclosed by a key player in the scandal, Iranian- born Businessman Albert Hakim. He handled the financial side of the Iran- contra "enterprise," while North took care of the political end and retired Air Force Major General Richard Secord, a business partner of Hakim's, oversaw operations. "I intended to profit from my activities," said Hakim. "I never made any pretense about that fact." And profit he did. The enterprise made a total of $14.9 million from its transactions; $8 million of those profits were frozen in bank accounts after the scandal broke...
Hakim looked out for the military men who were his partners. Last week committee investigators discovered that Secord may have withdrawn as much as $300,000 from an account set up by Hakim to pay for amenities such as a Piper Seneca airplane, a Porsche sports car and a visit to a health spa. In his testimony to the committee last month, Secord indignantly insisted he did not benefit from the weapons deals; he may now be summoned back to Capitol Hill to explain the discrepancies...
...deadline pressure, Hakim worked out a nine-point plan that included a promise that the U.S. would deliver 500 TOW missiles to the Iranians and pursue the release of 17 Shi'ite Muslim terrorists being held in Kuwait in return for one or two American captives. Hakim, following Secord's recommendations, went as far as to commit the U.S. to fighting the Soviets if they invaded Iran, and he pledged U.S. assistance in efforts to topple Iraqi President Saddam Hussein. Secord and North approved Hakim's arrangement. Four days before the election, Hostage David Jacobsen was freed (nonetheless, the G.O.P...
...realize why I and many other Americans support men like General Secord and Robert McFarlane. We agree with their objectives and see that these men are level-headed and competent, not ideologues, as I first believed...
...suggestion by Secord and McFarlane that Congress is too stupid to know how to run international affairs and should leave such matters to experts in the President's military elite is fascism. Having military men in high office is dangerous because they feel they owe their allegiance only to their Commander in Chief, the President, as if he were a monarch, and not to the people...