Clinton Defends Paying Ransom to Iran for Hostages: ‘This Is Kind of Old News’

CLINTON: "Well, the White House has addressed this, and I think actually this is kind of old news. It was first reported about seven or eight months ago, as I recall. And, so far as I know, it had nothing to do with any kind of hostage swap or any other tit for tat. It was something that was intended to, as I am told, pay back Iran for contracts that were canceled when the Shah fell."