Word: transferals
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Transplanted Americans can be unwitting victims of the roller-coaster Mexican economy. Velma Dempsey, who has lived in Chapala for 17 years, recalls visiting a bank in 1982 to transfer her life savings from the U.S. Perturbed by the slow-moving line, she went home, planning to return the next day. Overnight, the government expropriated all dollar savings, compensating depositors with pesos. Sighs Dempsey: "I was never so grateful for inefficiency...
...trying to gain "great amounts of information." One such chat occurred at the home of Director of Central Intelligence William Casey, whom North has depicted as a sponsor of the diversion scheme, just hours after the incriminating memo was found. Meese insisted that he did not discuss the transfer of funds to the contras with Casey. The Attorney General described a laid-back talk about the diversion with Vice Admiral John Poindexter, who told him, "Ollie has given me enough hints about this so that I generally knew, but I did nothing to follow up or stop it." Satisfied with...
...bigger advance sales than Cats, Les Miserables or the current hottest ticket, Phantom of the Opera, according to Cameron Mackintosh, who produced them all. If it thrives, he envisions raising $8 million to "help bring Follies back to Broadway, which created the traditions it celebrates" -- a rare reverse transfer that would be welcome and yet, for Americans, a little humbling...
Poindexter said he cautioned North against putting any information about contra support on paper. Nevertheless, North testified that he sent Poindexter five memorandums, each outlining the details of a specific transfer of arms proceeds to the contras. Each paper recommended briefing the President and seeking his approval of the transaction. North said he never knew if Reagan saw the memos, but he shredded all his copies of the documents when he learned that the arms deals might come to light. One memo, however, escaped the shredder and was discovered by investigators from the Justice Department...
...admiral could remember seeing the infamous diversion memo at all was when Meese directly confronted him with it last Nov. 24. Poindexter said he promptly offered to resign; on the following day the Attorney General instructed him to do so. Strangely, however, Meese never asked Poindexter who approved the transfer of arms profits to the contras. Nor did White House Chief of Staff Donald Regan question Poindexter about the diversion...