Pursuing the Money Connections

The supply line to the contras led through a maze of "cutouts" and middlemen

"Follow the money" was the terse advice the legendary source Deep Throat offered to Reporter Bob Woodward in the movie version of All the President's Men. As the intricacies of the Reagan Administration's Iran-contra supply line were probed last week, the money trail became a source of innumerable leads for reporters (including the Washington Post's Woodward) and investigators for congressional committees who were scrambling to uncover a financing scheme that coiled across three continents. The path led through a complex maze, replete' with international intrigue, conflicting claims by governments and shadowy diversions of funds by mysterious middlemen. There were straw companies...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!