The Iran Contra Affair was the biggest scandal of Ronald Reagan’s presidency. A group of rogue staffers from president’s own National Security Council were selling Iran - a so declared state sponsor of terrorism - despite a U.S. led embargo, in exchange for hostages. Then, giving the profits to the right wing Contra rebels in Nicaragua to hide their actions.

Sources:

Mayer, Jane, and Doyle McManus. Landslide. HarperCollins, 1 Jan. 1988.

PBS. “The Iran-Contra Affair .” Pbs.org, PBS, 2019, www.pbs.org/wgbh/americanexperience/features/reagan-iran/.

Webb, Gary. Dark Alliance : The CIA, the Contras, and the Crack Cocaine Explosion. Tiverton, Devon, Old Street, 2015.