There's been a lot of attention on the recent transfer of $400 million in cash to Iran - delivered in an unmarked plane - as thinly veiled ransom for the release of hostages, even though the Obama Administration has done its best to dress it up as the settling of an old dispute about arms paid for by the Shah before his fall, but never delivered because of his fall.
In today's Wall Street Journal, former Attorney General Michael Mukasey explains why this may well be true, but it misses a much more troubling point. Obama apparently paid off Iran in cash for two reasons. One was to find a sneaky technicality around existing sanctions law. The other, however, is because the entity within Iran that will likely use the cash is one Obama would rather you didn't know about: