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Under Gorbachev, news is reported more promptly, but the ideological spin remains. When National Security Adviser John Poindexter resigned, TASS immediately carried an announcement, then added, "In this way the Administration is trying to hush up the scandal over secret U.S. arms deliveries to Iran, which were carried out on the order of the White House." In a report last week, a Soviet TV correspondent in Washington called the Iranian affair "shameless and lawless, even by American legal standards...

Author: /time Magazine | Title: Press: Different Degrees of Candor | 1/26/2007 | See Source »

Even as Ronald Reagan tried to regain control of events in the most serious crisis of his presidency, new revelations about these secret machinations kept him on the defensive. There seemed no quick way to clear up the mysteries stemming from the Administration's admission two weeks ago that up to $30 million in profits from secret shipments of U.S. arms to Iran had been diverted to support the guerrilla warfare of the U.S.-backed contras against Nicaragua's Marxist Sandinista government...

Author: /time Magazine | Title: Pursuing the Money Connections | 1/26/2007 | See Source »

...purported Saudi connection to the contras began, say U.S. sources, after CIA Director William Casey asked King Fahd for such help on a visit to Jidda in February 1984. There are conflicting reports on Fahd's initial response. But by mid-1985 the Saudis' secret aims coincided with those of the U.S. "Since the U.S. was helping Saudi Arabia tame Iran," says Ghadry, "Saudi Arabia would help the U.S. with the contras...

Author: /time Magazine | Title: Pursuing the Money Connections | 1/26/2007 | See Source »

...knew secret Swiss numbers...

Author: /time Magazine | Title: Pursuing the Money Connections | 1/26/2007 | See Source »

...downed C-123K had been used in 1984 by the CIA and the Federal Drug Enforcement Administration in a sting operation designed to show that the Sandinistas were dealing in cocaine. The CIA's hand is evident in other secret air operations related to the Nicaragua conflict. Southern Air Transport is a Miami firm that was wholly controlled by the CIA until 1972. The State Department confirmed that it had used Southern Air to fly part of the legal $27 million in nonmilitary supplies from the U.S. to the contras. The department said it had no responsibility for the fact...

Author: /time Magazine | Title: Pursuing the Money Connections | 1/26/2007 | See Source »

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