Word: swapping
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...destroyed a piece of vital evidence: a covert-action finding, drafted by the CIA and signed by the President in December 1985, that retroactively approved Israel's shipments of U.S. arms to the Iranians. The document, said the admiral, depicted the weapons transactions as a straight arms-for-hostages swap with Iran rather than a diplomatic effort to establish contacts with Iranian moderates, as the President has maintained. "I thought it was politically embarrassing," said Poindexter of the finding. "I tore it up, put it in the burn basket behind my desk...
...best mythologizer, telling reporters and acquaintances stories about himself that bent the truth. Blissfully free of self-doubt, he could be a victim of self- delusion. At the National Security Council, he exaggerated his closeness to the President. In running the contra supply network and the arms-for-hostages swap, he seemed to shuttle between fantasy and reality, as he devised the most bizarre schemes to reach his goals. He spoke often of duty and what was right, yet he carelessly used money from the profits of the arms sales to pay food bills and buy snow tires...
...case centers on the activities of Fannie Mae, which buys mortgages from lending institutions and sells them to investors, during the early 1980s. At that time the organization decided to swap large numbers of mortgages whose value had been depressed by high interest rates for similar mortgages held by savings and loan associations. Reason: both parties in the deal incurred losses that they thought could be written off their taxes. But the IRS later ruled that these were paper losses that could not be deducted...
...Economists, where he has served for 14 years. The task of searching for new members of the board, which is carefully chosen to represent diverse economic and political viewpoints, has become something of a regular activity during the past decade. Since the board was founded in 1969 to swap views on economic trends with TIME's editors, four members -- Greenspan, Murray Weidenbaum, Martin Feldstein and Beryl Sprinkel -- have left to serve as chairman of the Council of Economic Advisers. Jokes Alexander: "We're running out of economists to give to our country." Three other board members -- Walter Heller, Arthur Okun...
After once again piously reaffirming America's resolve not to succumb to terrorism by striking deals with hostage-takers, Reagan did just that. In what was sarcastically referred to as "The Swap That Wasn't a Swap," Daniloff was returned to the U.S. and the Soviet spy went home to Moscow--but it wasn't a trade, the President said. The two actions were not related...