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He did most of the damaging himself by admitting that he had no knowledge at all - but should have had - about the so-called Iran-Contra affair: large-scale illegal arms deals with Iran, the proceeds to be used for equally illegal armed support for the anti-communist "Contra" rebels in Nicaragua.
Eleven people were finally indicted for illegal dealings, most prominently Col. Oliver North and Secretary of Defense Caspar Weinberger, but many suspect them of simply having taken the blame for President Reagan. All of them were pardoned by the then Vice President George Bush when he became president as Reagan's successor.
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