was so surprising because it went against the stated aims of the Ronald Reagan
administration, to not negotiate with terrorists.
story broke in the Ash Shiraa magazine in the Lebanon. It revealed that the USA
were covertly selling arms to Iran in an attempt to get the release of 7 American
hostages being held by a pro-Iranian group in the Lebanon.
allegations were confirmed to be accurate, on November 6, by US intelligence sources.
out that this was just the tip of the iceberg and that, in an attempt to cover
up these dealings, the profits from the arms sales to Iran were diverted to fund
the Contra rebels in Nicaragua. It became known as the Iran-Contra scandal and
resulted in a number of high level resignations and sackings.
Reagan always denied that he knew that the proceeds of the arms sale to the Iranians
went to fund the Contras in Nicaragua, but he admitted to knowing about the secret
sale of arms to Iran.