Hours before leaving office, President Bill Clinton grants a controversial presidential pardon to Marc Rich, an international fugitive who fled to Switzerland in 1983 to avoid prosecution on 51 counts of tax fraud, racketeering, and illegal oil trading with Iran during the 1979-1980 hostage crisis. …
Bill ClintonMarc RichDenise RichHillary Clintonpresidential-pardonscorruptioncampaign-financepolitical-influenceaccountability
The U.S. Air Force’s B-2 Spirit stealth bomber program, built by Northrop Grumman, reached a staggering total program cost of $44.389 billion in then-year dollars by 1997, according to Government Accountability Office reports. This represented a dramatic escalation from original estimates and …
Northrop GrummanU.S. Air ForceDepartment of DefenseU.S. CongressGovernment Accountability OfficeMilitary-Industrial ComplexDefense ContractorsCost OverrunsPentagon ContractsStealth Technology+1 more
Investigative journalist Gary Webb publishes his explosive three-part “Dark Alliance” series in the San Jose Mercury News, examining connections between the CIA, U.S.-backed Nicaraguan Contra rebels, and the crack cocaine epidemic that devastated African American communities during the …
Gary WebbjournalismCIAdrug-traffickingIran-Contraaccountability+1 more
President George H.W. Bush issues sweeping pardons to six Iran-Contra defendants on Christmas Eve, twelve days before former Defense Secretary Caspar Weinberger’s trial was scheduled to begin. The pardons cover Weinberger, former National Security Adviser Robert McFarlane, former Assistant …
George H.W. BushCaspar WeinbergerRobert McFarlaneElliott AbramsLawrence WalshIran-Contrapresidential-pardonsobstruction-of-justiceaccountabilitycover-up
Former Defense Secretary Caspar Weinberger is indicted by a federal grand jury on five felony counts of lying to Congress and investigators about the Iran-Contra scandal, marking the highest-ranking Reagan administration official charged in the affair. Independent counsel Lawrence Walsh brings the …
Former President Ronald Reagan is questioned under oath in a videotaped deposition for the trial of former National Security Advisor John Poindexter, providing 293 pages of testimony in which he repeatedly claims he cannot recall virtually any specific details of the Iran-Contra affair. …
Ronald ReaganJohn PoindexterIran-ContraReagan-administrationaccountabilityperjurycover-up
Lieutenant Colonel Oliver North is convicted on May 4, 1989, of three felony charges stemming from his central role in the Iran-Contra scandal: accepting an illegal gratuity (a security fence for his home), aiding and abetting in the obstruction of a congressional inquiry, and ordering the …
Oliver NorthGerhard GesellLawrence WalshIran-ContraReagan-administrationobstruction-of-justiceaccountabilitylegal-immunity
Between 1988 and 1992, the Department of Justice prosecutes over 1,000 savings and loan bankers for fraud and related crimes during the S&L crisis, with regulators making over 30,000 criminal referrals that produce felony convictions in cases designated as “major” by DOJ. Federal …
Department of JusticeFederal Bureau of InvestigationOffice of Thrift SupervisionS&L executivess&l-crisisprosecutionsaccountabilitywhite-collar-crimejustice-department
CIA Director William Casey dies at age 74 from nervous-system lymphoma, taking critical knowledge of the Iran-Contra scandal to his grave without ever testifying before Congress. Casey dies less than 24 hours after former colleague Richard Secord testifies that Casey supported the illegal aiding of …
William CaseyRonald ReaganRichard SecordIran-ContraCIAReagan-administrationaccountabilitycover-up
Joint congressional hearings on the Iran-Contra affair begin, launching seven weeks of televised testimony that becomes the most-watched series of congressional hearings since the Senate Watergate Committee hearings in 1973. The House Select Committee to Investigate Covert Arms Transactions with …
Oliver NorthJohn PoindexterGeorge ShultzCaspar WeinbergerIran-Contracongressional-oversightReagan-administrationaccountabilitymedia
The Tower Commission delivers its report on the Iran-Contra affair to President Reagan, producing findings widely criticized as a whitewash that shields Reagan from accountability while blaming subordinates for the illegal scheme. The commission, composed of former Senator John Tower, former …
Ronald ReaganJohn TowerEdmund MuskieBrent ScowcroftWilliam CaseyIran-ContraReagan-administrationcongressional-oversightaccountabilitycover-up