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TIME: Almanac 1995
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TIME Almanac 1995.iso
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1994-03-25
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<text id=92TT1851>
<title>
Aug. 17, 1992: Off the Hook . . . for Now
</title>
<history>
TIME--The Weekly Newsmagazine--1992
Aug. 17, 1992 The Balkans: Must It Go On?
</history>
<article>
<source>Time Magazine</source>
<hdr>
THE WEEK, Page 13
NATION
Off the Hook...for Now
</hdr><body>
<p>Reagan gets the word that he is not a target in the Iran-contra
probe
</p>
<p> The signals have suggested otherwise. Former Secretary of
Defense Caspar Weinberger, who will stand trial early next year
on perjury charges, strongly implied that special prosecutor
Lawrence Walsh had offered to reduce charges against him if he
would help finger Ronald Reagan. Clair George, formerly the CIA
deputy director for operations, who is now on trial for perjury,
received a similar offer to name names right to the top. Oliver
North, once Reagan's most adoring acolyte, proclaimed his own
unclouded version of the former President's involvement in the
Iran-contra scandal in his memoirs: "President Reagan knew
everything."
</p>
<p> And yet the special prosecutor ended his pursuit last week--at least for the moment. Responding to reports that he was
about to indict Reagan, Walsh sent a letter to the former
President reassuring him that he was neither a subject nor a
target of the investigation. These legal terms mean that while
Reagan may have information of interest to the investigation,
he is not likely to be indicted. Former White House chief of
staff Donald Regan received a similar letter, but Walsh was
reportedly turning his sights on former Attorney General Edwin
Meese, who, according to some accounts, masterminded the
cover-up.
</p>
</body></article>
</text>