The powerful cosmic ray flare of Sept. 29, 1989 occurred behind the limb and was observed over a wide spectral range. The analysis of optical, radio, and other relevant data suggest two phases of energy release. After an impulsive phase a prolonged post eruption energy release occurred in an extended region of the corona following the eruption of a large coronal mass ejection (CME). This phase is responsible for numerous coronal and interplanetary phenomena including the ground-level increase of cosmic rays.