These points were made during testimony by Assistant Secretary of State Elliott Abrams and businessman Albert A. Hakim: ^ZON THE CONTRA CONNECTION: ^ZHakim said it was his understanding that income from the arms sales to Iran was to be used "primarily to assist the contras, and also to make the so-called enterprise" he and Secord ran "self-sustaining." He said $3.4 million went to direct support of the contras. ^ZON LT. COL. OLIVER L. NORTH: ^ZHakim testified that he established a $200,000 Swiss bank account as a death benefit for National Security Council aide North on the eve of North's mission to Tehran in May 1986. Hakim said he and his partner, retired Air Force major general Richard V. Secord, used profits from their sale of U.S. arms to Iran to fund the account, which was dubbed "Button." It would have gone to North's family. Secord and Hakim worked with North on arms sales to Iran. Hakim, a U.S. citizen who was born in Iran, never told North of the account's existence. He also said that he had written North into a will in such a way that North would gain control of $2 million in arms sales profits if Hakim and Secord died and the money would be divided equally among heirs to all three if they all died. ^ZON WHETHER ABRAMS SHOULD RESIGN: ^ZAlthough Abrams came under strong pressure to resign from some Democrats on the committees, he said he would not because Secretary of State George P. Shultz "seems pretty satisfied with the job I have done for him." A State Department spokesman said Shultz has "complete confidence" in Abrams. The legislators were upset because Abrams' testimony last year misled them on several aspects of the Iran-contra affair, including whether the administration had solicited contributions for the contras from foreign governments. Abrams conceded Tuesday that he had made a mistake testifying in a way that was technically correct but misleading.