How the Reagan White House Bungled Its Response to Iran-Contra Revelations - The Daily Beast: "On November 3, 1986, the world became aware of the shocking revelation that the United States had engaged in a covert deal with the Islamic Republic of Iran involving the sales of sophisticated weapons and the bartering for American hostages being held in Lebanon by Iran’s client, Hezbollah. A Lebanese news magazine had published the story, and identified former National Security Advisor Robert McFarlane as having undertaken a mission to Tehran as part of the operation.
Just a month earlier, Washington had been rocked by the news that a cargo plane ferrying arms to Nicaraguan Contra rebels had been shot down over the jungles of Nicaragua. Congress had banned the Reagan administration from aiding the insurgents, and the White House had adamantly denied any U.S. connection to the flight"
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