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- <text id=89TT3046>
- <title>
- Nov. 20, 1989: American Notes:Iran-Contra
- </title>
- <history>
- TIME--The Weekly Newsmagazine--1989
- Nov. 20, 1989 Freedom!
- </history>
- <article>
- <source>Time Magazine</source>
- <hdr>
- NATION, Page 69
- American Notes
- IRAN-CONTRA
- Secord Makes A Deal
- </hdr><body>
- <p> Less than a week before he was scheduled to face trial on
- felony charges relating to his activities in the Iran-contra
- scandal, Richard Secord copped a plea. The retired Air Force
- Major General admitted that he had lied to congressional
- investigators when he denied knowing that $13,800 from the Iran
- arms-sales deal went to pay for a security system at Oliver
- North's home.
- </p>
- <p> "I wanted to prevent further criticism of Colonel North and
- myself," he explained to a judge. "There had already been a
- fire storm in the press. I was trying to shield both of us."
- Though Secord won dismissal of eleven other counts lodged by
- independent counsel Lawrence Walsh in exchange for the plea
- bargain, he could be sentenced to a $250,000 fine and five years
- in prison.
- </p>
-
- </body></article>
- </text>
-
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