From "My Conversations With Ferdinand Marcos," an article by Sen. Paul Laxalt in the Summer 1986 edition of Policy Review:
Secretary of State George Shultz and I were driven to the White House, where we met with the President, Admiral John Poindexter, the national security adviser, and White House Chief of Staff Donald Regan. The President said it would be impractical and undignified for Mr. Marcos to share power with Mrs. Aquino. But he told me to tell President Marcos "he would be welcome in the United States if he saw fit to come here."
I then called President Marcos from Admiral Poindexter's office in the White House. It was 5:00 A.M. Manila time. President Marcos asked me whether President Reagan wanted him to resign, and I indicated I wasn't in a position to make that kind of representation. Then President Marcos asked me the gut quesion -- what I thought he should do. I had to assess the situation quickly, and I felt a rush of sympathy for him. But I concluded that it was in the best interest of all that he leave. If he did not, I feared a civil war with a lot of bloodshed. I said, "Cut and cut cleanly. The time has come."
There was the longest pause. . . . It lasted so long I asked if he was still there. He said, "Yes." And then he said, "I am so very, very disappointed." And then he hung up the phone.
How much my remarks influenced his decision to leave Manila I do not know. I think he figured that he had lost almost all of his leverage, that his only alternative at the time was to fight it out and in all probability he would lose. But he still maintains that he is the duly elected president, and he is firmly convinced that the Aquino people cannot hold that country together and that one day he is going to return.