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Expert analyzes new account of GOP deal that used Iran hostage crisis for gain

Gary Sick:

Well, at the time, as I say, we were really tied up in the — it was a hectic time, everything was happening at once. But, you know, I later talked to the secretary the — what would it be the Secretary of the Treasury in Iran in doing research for my book, and he said he had actually been one of the people in Iran, who wanted to see the hostage just released. He thought it was foolish and a mistake by Iran to hold the hostages.

But he said when he found out what kind of terms they were offering in this last second deal, to get the hostages out of there, he changed his mind because he said Iran shouldn't have had to pay a price that high. They were actually paying off loans that cost them enormous amount of money.

Basically, they lost almost the order of $8 billion in that trade. And at the very last second, they changed their terms totally. And basically, we're willing to make concessions that we would never have even asked for in doing the negotiations.

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Fernande Dalal

Update: 2024-07-29