203 Iran-Contra Part, Four: Fallout
The Iran-Contra affair was a failure. It didn’t topple the Sandinista regime in Nicaragua, nor did it improve U.S. relations with Iran. And yet, the subsequent cover-up and damage-control by the Reagan administration was a success. Almost no one talks about the scandal now. Despite damning evidence against the administration being out in the open, the scandal did not impact Reagan’s legacy in the way Watergate did Nixon’s, or Clinton’s scandals did his. It was also, oddly enough, probably the best thing to ever happen to Oliver North’s career.