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US-Iran Arms Scandal #307514

CBS Evening News for Tuesday, Nov 25, 1986
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(Studio: Dan Rather) Latest developments in US-Iran arms scandal outlined.

(DC: Bill Plante) President Reagan's news conference on revelations and to announce resignation of national security adviser John Poindexter and termination of NSC staff member Lieutenant Colonel Oliver North featured; details given, scenes shown. [REAGAN - denies knowledge of 1 aspect of operation or that he made mistake.] [Attorney General Edwin MEESE - acknowledges that funds paid by Iran for United States weapons were diverted to Nicaraguan Contras; claims those involved informed no one else in White House, include President] Possible implications of growing schism between Secretary of State George Shultz &White House noted. [MEESE - calls for all President's staff to either support him or leave.] [Nancy REAGAN - defs. husband's response to controversy.] [Reverend Linda POINDEXTER - anticipates husband rejoining family now.] [Representative James WRIGHT, former communications director David GERGEN - cite significance of Reagan's professed ignorance as to actions of staff.] White House said believing some CIA agents were aware of North's diversion of funds.

(Studio: Dan Rather) Report introduced.

(DC: David Martin) Scheme by which Iranian funds for United States weapons were diverted through Israel and Switzerland to Contras explained; scenes shown. [Attorney General Edwin MEESE - ests. amount involved.] CIA's role noted. [MEESE - acknowledges deposits were made into Contras' bank accts.] Israeli Prime Min. Yitzhak Shamir, claiming ignorance that funds were targeted for Contras, said acknowledging payments were deposited into Swiss accts. [Contra leader Adolfo CALERO - pleads ignorance.] Contras said allegedly believing funds were from Saudi Arabia via United States Air Force General Richard Secord (ret.) who accompanied Robert McFarlane and Oliver North to Tehran in May. Justice Department reported also investigating deal involving Secord and Contras; details given, scenes shown. Operation noted occurring at time when Congress had barred all but limited humanitarian aid to Contras.

(Studio: Dan Rather) Report introduced.

(DC: Phil Jones) Congress's reaction to scandal featured; scenes shown. [Senators David DURENBERGER, Sam NUNN, Robert BYRD, John GLENN - consider implications for President's credibility; attack national security cncl.'s independence.] Representative Thomas O'Neill quoted on screen. Congress said investigating possible violation of Boland amendment and arms export law. [DURENBERGER - doubts Contras will ever receive United States aid again.]

(Studio: Dan Rather) Upcoming items announced; item recapped at end of broadcast

Jones, Phil;
Martin, David;
Plante, Bill;
Rather, Dan

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