The Wall Street Journal is reporting that John Poindexter will announce his resignation in a matter of weeks as director of the Defense Advanced Research Projects Agency, or DARPA.

Poindexter, who was convicted of lying to Congress during the Iran-contra affair, has been at the center of a firestorm of controversy over proposed DARPA programs. He oversaw the proposed Big Brother-like Total Information Awareness program to snoop on U.S. citizens. The program has since been renamed Terrorist Information Awareness. This week it was revealed his office had designed a stock market like system where investors could bet on the likelihood of events occurring in the war on terror including suicide bombings and assassinations.