Someone please explain John Kerry and the BCCI trial

I am only learning of this BCCI trial today.

What is the significance of this BCCI trial, and how is JFK connected to it?

Is the BCCI trial really a blow to the heart of the BFEE?

This seems wildly important. Thanks in advance for the info...

:kick:

i am waiting too

Ever hear of 'google'. Not getting snippy just asking ;)

:hi:

searched BFEE BCCI... and most of the results gave me Democratic Underground. (I didn't pose the question originally, though.)

They were compiled over several days.


Octafish and RainDog have many of them bookmarked. I lost most of mine after a lightning strike hit our home and blew out my gear.

but i was looking specifically for JFK's role in exposing BCCI

www.consortiumnews.com

Always reliable.

'With probes, making his mark

By John Aloysius Farrell, Globe Correspondent, 6/20/2003

ASHINGTON -- On a summer day in 1986, members of the Senate Foreign Relations Committee gathered behind closed doors off the chamber floor to hear the sales pitch of a brash freshman, Senator John F. Kerry of Massachusetts.

Fifteen years earlier, Kerry had appeared before the same committee to denounce the Vietnam War, challenging the senators to answer the question: "How do you ask a man to be the last man to die for a mistake?"

Now, at age 42, Kerry was a senator himself, the US was embroiled in another anti-communist crusade in a distant land, and Kerry was determined to prevent a repeat of Vietnam.

He had spent the spring conducting an unauthorized investigation into reports that the Reagan administration was illegally providing aid to the rebel Nicaraguan Contra armies, which were attempting to overthrow the left-wing government of that Central American nation. At this closed session, he planned to urge the committee to launch an official probe.

more:
http://www.boston.com/globe/nation/packages/kerry/062003.shtml

Here's the section on the BCCI:

BCCI was an international bank of Middle East origins whose employees asked few questions of their wealthy and powerful customers, making it a favorite of arms merchants, drug dealers, despots such as Noriega, and intelligence agencies. At the CIA, which sometimes used the bank to launder its own activities, it was known as the "Bank of Crooks and Criminals."

Kerry's investigation, launched in 1988, helped to close the bank three years later, but not without upsetting some in Washington's Democratic establishment. Prominent BCCI friends included former Defense Secretary Clark Clifford, former President Jimmy Carter, and his budget director, Bert Lance. When news broke that Clifford's Washington bank was a shell for BCCI -- and how the silver-haired Democrat had handsomely profited in the scheme -- some of Kerry's Senate colleagues grew icy.

"What are you doing to my friend Clark Clifford?" more than one Democratic senator asked Kerry. Kerry's aides recall how Jacqueline Kennedy Onassis and Pamela Harriman, a prominent party fund-raiser, called on the senator, urging him to not to pursue Clifford.

Kerry and his staff were under intense pressure, and Foreign Relations chairman Claiborne Pell, the Democrat from Rhode Island, began to request that Kerry's investigation end. Blum brought the evidence against BCCI to the Justice Department, but was rebuffed. With Kerry's blessing, he left the staff and took the case to New York District Attorney Robert Morgenthau, who filed the indictments leading to the bank's collapse in the summer of 1991.

http://www.boston.com/globe/nation/packages/kerry/062003.shtml

give more info

thanks

And I suggest that only because you don't seem to be getting much here, and there's tons of info available.

And when you type in BCCI, try it once with Jackson Stephens too (Clark's former employer, bankroller for both George W. Bush's campaign and Bill Clinton's campaign, connections to the Promis software heist, among MANY other things -- you name a 20th century government scandal, whether well-known or not, and you're likely to find Jackson Stephens in there somewhere).

BTW, a gazillion people whose names have surfaced in connection with 9-11 and are connected to the Bush family were also involved in BCCI -- bin Mahfouz (sp?), Salem bin Laden (who was in business with W., I think, and died in an unusual plane crash in Texas), Adnan Kashoggi (who, by some strange twist of fate was Theresa LePore's former boyfriend), on and on.

LOL -- You could be gone for weeks.

believe or not, i am at work and need to work. no time to google everything and keep up.

what's wrong with asking for info from DUer's???

thanks for the names and places to look, though

It just didn't seem like you were getting the goods, that's all. And because of several hard disk crashes I couldn't help you either.

Sheesh, don't be so quick to take offense.

i am always on the defensive when i enter this 2004 primary forum...

thanks again for the links and names

my apologies,
eric

Lots of interesting information and yeah, as many of us know, one way to get the big picture is to take a name -- any name -- from some of the above (or, alternatively, try researching each and every person who invested in the Texas Rangers). When you come up for air a few days later, you'll have a much different view of what makes the world go 'round.

Bev Harris

i never considered doing that.

hmmm, i'll do the texas ranger thing when i have some time

fascinating to learn more...

That's why I've been such a pain in the ass about BCCI. All the answers to 9-11 and Iraq and the BFEE, itself, are in BCCI.

They knew this trial was coming up. They know the other trial comes up in June. They know they're going down.

"Clark's former employer, bankroller for both George W. Bush's campaign and Bill Clinton's campaign, connections to the Promis software heist, among MANY other things -- you name a 20th century government scandal, whether well-known or not, and you're likely to find Jackson Stephens in there somewhere"

Ya learn something new every day... but DAMN.

the BCCI is so important!

He explains the key role int'l finance has played in the BFEE.

and in the Pittsburgh Post Gazette.

explosive!

...he calls it a "dynasty" of course, but the evidence is there, and it is damning.

I just started reading this one, and Phillips sees the dangers to this country in the people who have taken over the republican party now. He recognizes the particular problem with the Bushies by noting the areas in which they have amassed great amounts of power which is unprecedented for the far-reaching possibility and, in fact, reality of the abuse of power by this confluence of interests (and conflicts of, when America's best interests conflict with their own.)

1. CIA/intelligence operations
2. Petroleum biz
3. Finance
4. Military/industrial complex

...and it just so happens that the largest bank fraud in world history which is the BCCI grocery list of crimes covers all those subjects as well, and involves Bush Sr., Bush Jr. and their minions. btw, I mentioned that Jackson Stephens supported Clinton, but he was a long-time Bush supporter before that.

Phillips begins his book by quoting Eisenhower in his famous speech when he ended his term which warned about the dangers of an ever more powerful military-industrial complex...

Everything that Phillips writes points to the Bush gang as the human ground zero of the dangers that Eisenhower warned about so long ago.

I've got the book on hold at the library...

posted on an earlier thread. I know you'll enjoy the Phillips book.

you should also see if your library has books about BCCI.

Dirty Money and Outlaw Bank come to mind. These may be out of print...I know some of the BCCI books are, but I don't recall offhand which ones.

also Forbidden Truth has a good brief about BCCI and the connections to the Bush family. If your library doesn't stock that one, you can request that they purchase titles.


http://www.democraticunderground.com/cgi-bin/duforum/duboard.cgi?az=show_thread&om=11956&forum=DCForumID61

Widgetsfriend
144. I wanted to add another web site I just visited since this seems to be a good place to compile ..

what's known.

http://www.stewwebb.com/I-Bush%20Crime%20Family%20Flow%20Chart.html (Another flow chart)


Widgetsfriend
147. Don't know if anybody's still checking back here...
but I'm going to start moving some of my bookmarks here that are relevant.

http://www.greenlink.org/grassroots/soc/wastenot/97i02784.html

This one is on Jackson Stephens - his history, business dealings, etc. He's crucial in both BCCI history and in the Get Clinton History. An Arkansas homeboy with piles of money and obviously, no ethics whatsoever.
 
Widgetsfriend
148. Another group of links.
These are the Congressional record of the hearings. http://www.fas.org/irp/congress/1992_rpt/bcci/24appendic.htm
http://www.fas.org/spp/starwars/congress/1992/

These may have been linked.
Another: http://visar.csustan.edu/aaba/bccipage.html A page of links.

Google: BCCI, Bush, Iraq http://www.google.com/search?hl=en&ie=UTF-8&oe=UTF-8&q=BCCI%2C+Bush%2C+Iraq&btnG=Google+Search

Google: BCCI, Bush, Iran http://www.google.com/search?q=BCCI%2C+Bush%2C+iran&btnG=Google+Search&hl=en&lr=&ie=UTF-8&oe=UTF-8

Widgetsfriend
Reply to post #148
149. Bush's BCCI connection...
http://www.inthesetimes.com/issue/25/25/feature3.shtml

Grazie for the hundredth time.

This is why I try not to be too hard on people who are busy raising families, working, etc. who aren't up to all the things that have gone on/going on in America. I've only just begun to scratch the surface of what I don't know!

I must send letters of thanks to the UNsupreme Court. They slapped my face and woke me up. ;)

It was NEVER just a campaign ploy, frank.

We've been serious BFEE watchers for many years.

We know EXACTLY why the media has only focused on Dean and why Kerry's campaign was declared dead months ago.

This BCCI trial was postponed last summer till now to give BushInc. the time to get Kerry OFF the national stage and off the radar for most Americans.

Dean helped to paint Kerry as a Washington insider who never did anything and that meme took hold with his fervent supporters spreading it.

Kerry has done MORE to expose government corruption than ANY lawmaker in modern history.

BCCI and IranContra have direct links to 9-11. Kerry is the ONLY person who can make that case with clarity in the general election.

The import of this is that the Bank of America part of the BCCI trial starts in June. That's when even more news will be certain to be made. THAT'S why BushInc. NEEDS Kerry to be an asterisk by then.

in his investigations. Specifically how terror was funded internationally through governments and the banking system.

He is the BEST to prosecute Bush during the general election and the best ANTIDOTE for a post Bush America. That's why it is so significant that many in the intel community are lining up behind Kerry. No accident that Rand Beers and Joe Wilson are working with him now. And Gary Hart, William Perry and Max Cleland.

He has studied and prepared for years to be where he is today.

christ, i think this is the best reason to vote for JFK.

i don't bash, btw. i seek information.

I was just being serious and straight. I always am on this subject and why I am so certain that Kerry is our best hope to make a case against BushInc that will expose them in a way that will END them.

Actually, I applaud that you are looking into it, but, warn you that you will never be the same.

blm is one of the best here, probably anywhere...

washingtonpost.com
The Ruling Class
A family saga of secrecy, oil money and privilege.

Review by Jonathan Yardley Sunday, January 11, 2004; Page T01

AMERICAN DYNASTY:

Aristocracy, Fortune, and the Politics of Deceit in the House of Bush
By Kevin Phillips

Viking. 397 pp. $25.95

In this angry, devastating examination of "the House of Bush," Kevin Phillips asks the question that seems to have occurred to no one else: How did these people get so entitled? How is it that a family in no way distinguished by genuine accomplishment, moral and/or political conviction or exceptional intelligence has managed to lay claim as a matter of right to the American presidency, and how is it -- this is the real puzzler -- that the American people seem to have acquiesced in this presumption? How did we manage to put ourselves in the hands of a family that clearly believes it has dynastic stature, with all the privileges and entitlements attendant thereto, and behaves accordingly?

Phillips, an experienced political strategist and former White House aide, is correct to say that what he calls the Bush "restoration" -- the election to the White House in 2000 of George W. Bush, only eight years after the public's emphatic repudiation of his father, George H.W. Bush -- is unprecedented in American history. The two Adams presidents were elected a quarter-century apart and represented different parties, the two Roosevelts were separated by two decades and came from different branches of the family, and any Kennedy dynastic aspirations were thwarted by bizarre twists of fate. Yet even though the first Bush presidency was by any reasonable standard a failure, the inner leadership of the Republican Party felt so beholden to the first George Bush that it anointed his callow son and namesake almost upon the moment he won the governorship of Texas and, hand in glove with the big-money interests to which the Bushes have always cozied up, effectively closed the 2000 nominating process to anyone else.

The Bushes were fortunate, Phillips readily acknowledges, in having an interregnum presided over by Bill Clinton, who corrupted the presidency almost beyond imagination and thus made the public inordinately receptive to the fundamentalist moralizing in which George W. specializes. Phillips also acknowledges that the present Bush presidency may well be an illegitimate one, given the half-million-vote plurality won by Al Gore in 2000 and the exceedingly suspect Supreme Court ruling that put George W. in the White House. If this is indeed a dynasty -- or, perhaps more accurately, a family with dynastic pretensions -- then it certainly looks as much like an accidental one as like one created by public demand.

Any number of things could turn the "Bush dynasty" into yesterday's news -- continued frustration in Iraq and the much-ballyhooed "War on Terrorism," continued economic stagnation, increased popular resentment over the appalling chasm between the super-rich few and the struggling many, more evidence of corruption among the Bush family's business cronies, not to mention events and/or catastrophes as yet unseen -- and it is regrettable that Phillips does not confront this more directly. We don't have an appointive presidency, and we don't have a royal succession, at least not yet. The American people are not nearly so stupid as the Bushes and their retinue obviously believe them to be, and they haven't delivered their final verdict."

more:
http://www.washingtonpost.com/wp-dyn/articles/A1649-2004Jan8.html

here-

http://www.fas.org/irp/congress/1992_rpt/bcci/

it starts with a summary of the investigation. make sure to read the appendices with the things which still warrant investigation.

:kick:

I think I'm in too dour a mood to express myself well this evening. I'll just be lurking now for a day or so...

but thanks to all who have brought the BCCI to my attention. you are all awesome and brave and damn smart

:hi:

Between Octafish and RainDog you'll have enough reading for weeks.

the only reason I saw it was b/c it was posted as a new thread when I logged on. Otherwise I don't come to this forum often.

You two are one helluva team, btw.

Sorry, blm, RainDog, frank frankly! Got beached a while doing me regular rabbit. Unbelievable jazz involving one of the few things worse than a roomful of lawyers -- a roomful of law professors. All good folk, but slow to take direction...even when it's for their own good. Oh well, le doy candela...

Regarding BCCI, here’s a nice selection. D’oh. Forgot to bookmark the other stuff...


BCCI redux? bank failure in CA

http://www.democraticunderground.com/cgi-bin/duforum/duboard.cgi?az=show_thread&om=35668&forum=DCForumID60&archive=


Guess who ties ENRON to BCCI?

http://www.democraticunderground.com/cgi-bin/duforum/duboard.cgi?az=show_thread&om=7548&forum=DCForumID70&archive=


George W Bush connection to the BCCI scandal ?

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=104&topic_id=157573


Kissinger & BCCI spells BUSH & 9-11

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=104&topic_id=377323

I've gotten probably 20 people to register or switch, and now I'm telling them about Kerry.

This is what I tell them:

Volunteered for Viet Nam
3 Purple Hearts
Ended Viet Nam (lead the charge)
Attorney General
broke Iran-Contra
broke BCCI

was one of the reasons that I originally supported John Kerry. That said, I couldn't get one of these links to pull up. Is something wrong with my computer? Anyone else having problems? I remembered a couple of the threads and was particularly interested in the last one, and maybe the one before, though I think I've read it.

Of course, this information has always been a stumbling block in my support for Clark, I mean the Jackson Stevens connection. I had convinced myself that I was being paranoid, and that Clark's record was just too good to get himself embroiled in something that evil. I'm still not sure how I feel about his involvment.

However, I think Kerry deserves a lot of thanks for his bravery. This makes his win in Iowa even more impressive. Just think, he mortgaged his house to continue. I'm not sure once faced with pulling the lever (yes, we still do that here in Louisiana) that I will be able to resist voting for someone that has been fighting them all along. God bless Kerry and keep him and his family safe. I watched Theresa for almost two days on cspan during Iowa. She was impressive, too.

http://www.fas.org/irp/congress/1992_rpt/bcci/

The BCCI Affair
A Report to the Committee on Foreign Relations
United States Senate
by
Senator John Kerry and Senator Hank Brown
December 1992
102d Congress 2d Session Senate Print 102-140

just a few of the movers on the grand chessboard...

Jackson Stephens brought BCCI "into" the corridors of power in this country. He's an Ark. republican who also backed Clinton.

James Bath, a nat'l guard buddy of Dubya's, was the front man for Ghaith Pharon, who dad was a doctor for the House of Saud.

Pharon wanted to buy a Houston airport, for instance, and Bath was the front man for the purchase of a bank. Pharon's partner was Khalid bin Mahfouz.

Bath's biz partner, Pharon, was charged with extortion from the United States, as well as tax fraud.

Khalid bin Mahfouz is related to Osama bin Laden by marriage. K. bin Mahfouz was also an 11 percent investor in Harken Energy, Dubya's little energy co. that could...it won a HUGE contract to drill in Bahrain, even though it had never drilled outside of the U.S., and just when Poppy was prez, and this nice payoff kept the company solvent enough for Dubya to be able to sell his shares before bad news and fail to report the sale for six months...but I digress...

Khalid bin Mahfouz was listed as a financier of terrorism after the 98 terrorist attacks on embassies in Africa.

Khalid bin Mahfouz was, as Fortune mag noted, in biz with Amereda Hess, the company which was paying the bills for Thomas Kean (the head of the 9-11 investigative committee) up until THREE WEEKS before Kean's appt.

Kean is supposed to be investigating possible illegal activities of his former biz partner, in other words, who was also the former biz partner of Bush, who is also the brother-in-law of the man America holds responsible for the WTC attacks...

Like Ghaith Pharon, Adnan Kashogghi's dad was also a physician to the Saudi royals. He was also the go-to man to set up the Iran/Contra deals..the first one, known as The October Surprise, was when Bush Sr. and others met with Iranian leaders to delay the release of the hostages until after the election, to make Carter look ineffective. As Reagan was taking the oath, it seems to me now, Iran released the hostages..it was very, very odd...and of course spun as...oh, they're so afraid now...

Kashogghi was also getting paid and laundering the drug for guns money via BCCI. He had a stewardess named Theresa La Pore, a Republican, who worked on his private plane. She went on to design the Palm Beach "butterfly ballot" which confused so many people that Pat Buchanan apparently gained a Jewish constiuency.

BCCI helped to

launder money for people like Noriega, Pablo Escobar,

had ties to weapons traffickers like Abu Nidal, Kashoggi, and Manucher Ghorbanifar (and Iraqi), who Douglas Feith, I believe it was, contacted once again in relation to the current Iraq invasion, even though the CIA said M.G. was totally untrustworthy.

BCCI loaned money to Peru to hide that nation's crappy financial situation.

BCCI made loans to its principals without collateral, and Pharon got 288 million that way, while bin Mahfouz got 152.5 million.

The Senate report said that Mahfouz was the most powerful banker in the middle east at the time of their investigation. Obviously he's more than that.

He funneled money to terrorists via Islamic charities to make the 98 Embassy bombings happen

bin Mahfouz is not only connected to bin Laden via marriage. The international development Foundation is a mutual biz connection located in the same place as The Islamic Relief Org...known to be fund bin Laden terrorism. These two are located in the UK, btw.

America's own CIA apparently used BCCI to launder drug money and whatever else when the CIA, according to eye-witness testimony, loaded planes of cocaine to ship to America in Ronnie Raygun's just say no state of California, and who knows where else...Mena, Ark? Jeb Bush country?

Kerry was kept off the Iran-Contra hearings panel, btw, and Lee Hamilton, who is now also on the 9-11 committee, made sure that America was kept as dumb and blind as ever to the abuses of power supposedly done "for our own good." --kinda like now, huh? --and of interest, too, is that Bush Sr. conspired to protect son, Neil, just before his election so that the S&L scandal wouldn't blow just before his election.

Bush's response to Neil's big adventure, of course, is still being paid in billions of tax dollars.

the S&L scandal ties to BCCI because of mutual players connected...esp. the Bush family, Jackson Stephens, and both, also like Enron, were sorts of pyramid schemes for the rich to bilk everyone else to make sure they can put a scrap of bread on the table...

In all, I'd say the eighties could qualify as the sleaziest time in America for a while...BCCI, the S&L Scandal, Iran/Contra, Iraggate (Bush Sr. arming Iraq), invading tiny islands for the sake of our "freedom..." known drug running by the CIA, known money laundering, known funding of terrorism...and oh so many of the people who were involved in these things are now involved in the mess we have today...

such as-

the Bush family gang
the bin Laden family gang
the bin Mafhouz family gang

Bush staffers-

Cheney was ranking house member and had to sign off on what was presented

Elliot Abrams, who was caught lying to Congress, was pardoned by Bush Sr. and took General Zinni's place before the Iraq war after the neocons called Zinni a traitor for not swallowing their b.s. whole..

John Poindexter, who plea bargained and then came back to head up the Total Information Awareness arm of big brother.

Otto Reich, who was involved in Reagan/Bush's nasty genocides in Central America, and support for dictators in South America, is now worrying about how to "save" all those Cubans who will want to leave, en masse, the day Castro dies.

...all the Bush Sr. men who wait for their turn to put in...

Robt Mueller, head of the FBI, who made sure truth was suppressed on all the Bush dirty biz, along with James Baker, Brent Scocrowft, Rummy,

Kissinger was there to head the 9-11 committee first, but public outcry, since Kissinger is wanted as a war criminal in several countries, and helped to prolong the Vietnam War for five years at a cost of 20, 000 additional American lives to pull another election year deal...

just makes you proud to be an American, huh?

gawd.

Thanks for this. Kerry keeps impressing me.

:)

so people know what's at stake

I'm barely on.

I'm supposed to be resting (pneumonia), so please keep this up till Octafish weighs in.

.

The medication I'm on has me even more restless.

Cat on a Hot Tin Roof restless. ;)

tonight surely makes you feel better, I'm sure! :)

rest up and take your vitamin C and make your honey pie rub your back...

:kick: :kick: :kick:

yello!

His name is homage to the Octopus visual of the entire BCCI/IranContra scandal.

....and here's a kick. Good information here.

now where is our star BCCI reporter?

A hearty welcome to DU! Down with the BFEE! Go John Kerry!

Here're some laughs courtesy of the Dishonest W inAction figure...

http://www.praesentia.us/archives/dishonestdubya.html

... Thank you!

Here's why I give a damn.

(From DU on 22 Nov 2003) The BFEE Stole Your Vote 40 years ago Today!

John F. Kennedy, the man elected President, was publicly executed.

In 1968, Robert F. Kennedy, the slain President's brother who was running for President, was publicly executed.

In 1980, an election was stolen through the traitors behind the October Surprise and President Carter's stolen debate books.

In 1981, shortly a friend of the Bush family almost made vice-president Poppy Bush president, allegedly.

In 1992, Poppy Bush lost an election, thanks to independent and true conservative billionaire Ross Perot siphoning off a significant percentage of his supporters.

In 2000, Vice President Al Gore was elected President, but a 5-4 majority of the US Supreme Court took sides with plaintif George W Bush and appointed him (p)resident.

Does anyone notice a pattern here?

John Kerry does. blm and a whole lotta DUers and her good friends around the World and 'Web do, too!



John Kerry joined President John F. Kennedy to watch the September 1962 America's Cup race
from the USS Joseph P. Kennedy off Newport, Rhode Island.

That's my goal.

Thanks for the call and thanks for the excellent question.

BCCI was a bank set up by a Pakistani mystic, backed by Gulf Oil petrobillions. The bank was used to launder money for drug smugglers, gun merchants, the KGB, the CIA, and terrorists of the right like Ollie North and left like Abu Nidhal. The money was used to bribe and blackmail politicians worldwide, Democrat and Republic, alike. Money also was used to build Pakistan's H-bomb.

Odd thing: President George HW Bush did all he could to bury the BCCI Affair, after all, it involved his sons, family and closest friends and business associates.

As a Freshman, Senator Kerry tried to do something about it. What's weird is how few Democrats supported him then. About the future... Well, thanks for giving a damn, Frank!


THE BCCI AFFAIR

EXECUTIVE SUMMARY

1. BCCI CONSTITUTED INTERNATIONAL FINANCIAL CRIME ON A MASSIVE AND GLOBAL SCALE. (Just like the S&L scandals that benefited BFEE.)

2. BCCI SYSTEMATICALLY BRIBED WORLD LEADERS AND POLITICAL FIGURES THROUGHOUT THE WORLD. (Red flag, Mr. Meese.)

3. BCCI DEVELOPED A STRATEGY TO INFILTRATE THE U.S. BANKING SYSTEM, WHICH IT SUCCESSFULLY IMPLEMENTED, DESPITE REGULATORY BARRIERS THAT WERE DESIGNED TO KEEP IT OUT. (Bi-partisan corruption.)

4. THE JUSTICE DEPARTMENT MISHANDLED ITS INVESTIGATION AND PROSECUTION OF BCCI, AND ITS RELATIONSHIPS WITH OTHER GOVERNMENT AGENCIES CONCERNING BCCI. (In the tradition of John Mitchell, Dick Thornburgh and Ed Meese.)

5. NEW YORK DISTRICT ATTORNEY MORGENTHAU NOT ONLY BROKE THE CASE ON BCCI, BUT INDIRECTLY BROUGHT ABOUT BCCI'S GLOBAL CLOSURE. (Wasn’t the Feds. It won’t be Big John Ashcan.)

6. BCCI'S ACCOUNTANTS FAILED TO PROTECT BCCI'S INNOCENT DEPOSITORS AND CREDITORS FROM THE CONSEQUENCES OF POOR PRACTICES AT THE BANK OF WHICH THE AUDITORS WERE AWARE FOR YEARS. (Smells like deja Enron.)

7. THE CIA DEVELOPED IMPORTANT INFORMATION ON BCCI, AND INADVERTENTLY FAILED TO PROVIDE IT TO THOSE WHO COULD USE IT. (Whoda thunkit, huh Mr. Gates?)

THE CIA AND FORMER CIA OFFICIALS HAD A FAR WIDER RANGE OF CONTACTS AND LINKS TO BCCI AND BCCI SHAREHOLDERS, OFFICERS, AND CUSTOMERS, THAN HAS BEEN ACKNOWLEDGED BY THE CIA. (Just like in Florida, less than a decade later.)

8. THE FLAWED DECISIONS MADE BY REGULATORS IN THE US WHICH ALLOWED BCCI TO SECRETLY ACQUIRE US BANKS WERE CAUSED IN PART BY GAPS IN THE REGULATORY PROCESS AND IN PART BY BCCI'S USE OF WELL-CONNECTED LAWYERS TO HELP THEM THROUGH THE PROCESS. (Q: Whatever happened to Kenny Boy Lay? A: Absolutely nothing.)

9. THE BANK OF ENGLAND'S REGULATION OF BCCI WAS WHOLLY INADEQUATE TO PROTECT BCCI'S DEPOSITORS AND CREDITORS, AND THE BANK OF ENGLAND WITHHELD INFORMATION ABOUT BCCI'S FRAUDS FROM PUBLIC KNOWLEDGE FOR FIFTEEN MONTHS BEFORE CLOSING THE BANK. (Ask Sneering Dick Cheney: “Arthur Andersen makes good book.”)

10. CLARK CLIFFORD AND ROBERT ALTMAN PARTICIPATED IN IMPROPRIETIES WITH BCCI IN THE UNITED STATES. (“The advisor to presidents” and a stalwart in the Democratic party is a crook? Whodaknown?)

11. ABU DHABI'S INVOLVEMENT IN BCCI'S AFFAIRS WAS FAR MORE CENTRAL THAN IT HAS ACKNOWLEDGED, INVOLVING IN SOME CASES NOMINEE RELATIONS AND NO-RISK TRANSACTIONS THAT ABU DHABI IS TODAY COVERING-UP THROUGH HIDING WITNESSES AND DOCUMENTS FROM U.S. INVESTIGATORS.

12. BCCI MADE EXTENSIVE USE OF THE REVOLVING DOOR AND POLITICAL INFLUENCE PEDDLING IN THE UNITED STATES TO ACCOMPLISH ITS GOALS. (Carlyle was founded on this principal. Osama is Bush’s brother.)

13. BCCI'S PUBLIC RELATIONS FIRM SMEARED PEOPLE WHO WERE TELLING THE TRUTH AS PART OF ITS WORK FOR BCCI.

14. BCCI ACTIVELY SOLICITED THE FRIENDSHIPS OF MAJOR U.S. POLITICAL FIGURES, AND MADE PAYMENTS TO THESE POLITICAL FIGURES, WHICH IN SOME CASES MAY HAVE BEEN IMPROPER. (Hmm.)

15. BCCI'S COMMODITIES AFFILIATE, CAPCOM, ENGAGED IN BILLIONS OF DOLLARS OF LARGELY ANONYMOUS TRADING IN THE US WHICH INCLUDED A VERY SUBSTANTIAL LEVEL OF MONEY LAUNDERING, WHILE CAPCOM SIMULTANEOUSLY DEVELOPED SIGNIFICANT TIES TO IMPORTANT U.S. TELECOMMUNICATIONS INDUSTRY EXECUTIVES AND FOREIGN INTELLIGENCE FIGURES.


16. INVESTIGATIONS OF BCCI TO DATE REMAIN INCOMPLETE, AND MANY LEADS CANNOT BE FOLLOWED UP, AS THE RESULT OF DOCUMENTS BEING WITHHELD FROM US INVESTIGATORS BY THE BRITISH GOVERNMENT, AND DOCUMENTS AND WITNESSES BEING WITHHELD FROM US INVESTIGATORS BY THE GOVERNMENT OF ABU DHABI.


SUMMARY OF LEGISLATIVE RECOMMENDATIONS

1. THE SUBCOMMITTEE RECOMMENDS THAT THE UNITED STATES DEVELOP A MORE AGGRESSIVE AND COORDINATED APPROACH TO INTERNATIONAL FINANCIAL CRIME, AND TO MOVE FURTHER AGAINST FOREIGN PRIVACY AND CONFIDENTIAL LAWS THAT PROTECT CRIMINALS.

2. THE SUBCOMMITTEE RECOMMENDS THAT THE JUSTICE DEPARTMENT RECONSIDER THE POLICIES AND PRACTICES THAT LED TO ITS INEFFECTIVENESS IN INVESTIGATING AND PROSECUTING BCCI, AND IMPAIRED ITS ABILITY TO COOPERATE WITH OTHER INVESTIGATIONS OF BCCI BEING CONDUCTED BY THE FEDERAL RESERVE, NEW YORK DISTRICT ATTORNEY, AND THE SENATE.

3. THE SUBCOMMITTEE RECOMMENDS THAT THE CENTRAL INTELLIGENCE AGENCY AND STATE DEPARTMENT UPGRADE THE TRACKING OF FOREIGN FINANCIAL INSTITUTIONS AND ACTIVITIES, AND THE DISSEMINATION OF INFORMATION CONCERNING SUCH INSTITUTIONS.

4. THE SUBCOMMITTEE RECOMMENDS THAT THE CONGRESS CONSIDER WHETHER ADDITIONAL OVERSIGHT MECHANISMS ARE NECESSARY TO ENSURE THE CIA'S ACCOUNTABILITY ON THE PROVISION OF INFORMATION.

5. THE SUBCOMMITTEE RECOMMENDS THAT FEDERAL AGENCIES IMPOSE NEW REQUIREMENTS ON FOREIGN AUDITORS TO PROTECT U.S. INTERESTS IN ANY CASE IN WHICH ANY SUCH AGENCY IS RELYING ON AN AUDIT CERTIFIED BY A FOREIGN AUDITOR. AT MINIMUM, THIS SHOULD REQUIRE FOREIGN AUDITORS WHOSE CERTIFICATIONS ARE USED BY INSTITUTIONS DOING BUSINESS IN THE U.S. AGREE TO SUBMIT THEMSELVES TO U.S. LAWS.

6. THE SUBCOMMITTEE RECOMMENDS THAT THE PRESIDENT AND THE SECRETARY OF STATE ADVISE THE GOVERNMENT OF ABU DHABI THAT ITS WITHHOLDING OF DOCUMENTS AND WITNESSES PERTAINING TO BCCI FROM U.S. FEDERAL LAW ENFORCEMENT INVESTIGATORS, THE FEDERAL RESERVE, THE NEW YORK DISTRICT ATTORNEY AND THE CONGRESS THREATENS VITAL U.S. INTERESTS AND WILL NOT BE TOLERATED.

7. FURTHER ATTENTION NEEDS TO BE GIVEN TO THE PROBLEM OF THE REVOLVING DOOR IN WASHINGTON, AND THE IMPACT ON THE REGULATORY PROCESS AND ON LAW ENFORCEMENT OF POLITICAL INFLUENCE IN WASHINGTON. THE SUBCOMMITTEE RECOMMENDS THE CONSIDERATION OF LEGISLATING A FEDERAL STATUTORY CODE OF CONDUCT FOR ATTORNEYS WHO PRACTICE BEFORE FEDERAL AGENCIES.

8. THE SELF-REGULATION OF THE U.S COMMODITIES MARKETS BY THE COMMODITIES FUTURES TRADING COMMISSION, THE CHICAGO BOARD OF TRADE, AND THE CHICAGO MERCANTILE EXCHANGE IS INADEQUATE TO PROTECT THOSE MARKETS AGAINST MONEY LAUNDERING INVOLVING TRADES

FROM ABROAD. THE SUBCOMMITTEE RECOMMENDS THAT THE EXCHANGES MAKE MONEY LAUNDERING ILLEGAL, AND DEMAND THAT THIS REQUIREMENT BE ACCEPTED BY FOREIGN COMMODITIES EXCHANGES WITH WHOM THEY DO BUSINESS, AS A CONDITION OF ACCESS TO US EXCHANGES.

9. THE SUBCOMMITTEE RECOMMENDS THAT FURTHER STEPS BE TAKEN TO INSURE ADEQUATE ACCOUNTABILITY OF FOREIGN FINANCIAL INSTITUTIONS DOING BUSINESS IN THE UNITED STATES, INCLUDING REQUIRING FOREIGN BANKS FORM SEPARATELY CAPITALIZED HOLDING COMPANIES IN THE UNITED STATES AS A CONDITION OF LICENSE AND THE CONSIDERATION BY THE FEDERAL RESERVE OF ESTABLISHMENT A MINIMUM STANDARD FOR CONSOLIDATED REGULATION THAT EXCLUDES BANK REGULATORY HAVENS.

10. THE SUBCOMMITTEE RECOMMENDS THAT FOREIGN INVESTORS WHO PURCHASE SUBSTANTIAL SHARES OF U.S. BUSINESSES BE REQUIRED TO APPEAR PERSONALLY IN THE UNITED STATES AS INSURANCE THAT THE FOREIGN INVESTOR IS NOT ACTING AS A NOMINEE FOR SOMEONE ELSE.

11. TURF WARS CONTINUE TO SEVERELY DAMAGE THE ABILITY OF LAW-ENFORCEMENT AGENCIES IN THE UNITED STATES TO DO THEIR JOB. THE SUBCOMMITTEE RECOMMENDS THE ESTABLISHMENT OF A COMMITTEE OF LAW ENFORCEMENT OFFICIALS WHOSE JOB IT IS TO CONDUCT OVERSIGHT OF, PREVENT, AND RESPOND TO FAILURES OF COOPERATION IN LAW ENFORCEMENT.

12. THE SUBCOMMITTEE RECOMMENDS THAT A STATUTORY MECHANISM FOR THE RECEIPT BY CONGRESS OF FOREIGN FINANCIAL INFORMATION BE ESTABLISHED.


Source:

http://www.fas.org/irp/congress/1992_rpt/bcci/01exec.htm

i do really love Kerry's supporters here. such a well of information!!!!

Kerry spearheaded these hearings and they put out this report, then what happened? Did any of this every go anywhere or was the report put on a shelf to collect dust? Did Kerry press for criminal charges or more hearings? Is the trial that is coming up a result of these hearings?

Second, now that this stuff is all coming up again, what does Kerry have to say? Will Kerry pursue bringing some of these people to justice if he wins the election?

they asessed the BCCI situation and concluded that what would be revealed would have collapsed the world's economy.

They had no choice - my personal feeling is that they should have pressed it further and let the chips fall where they may, because it will just be worse in the longrun. That's the approach I expect from Kerry. He pushed for more exposure. His 1997 book is chock full of connections of international governments to the funding of terrorism.

Now this trial in England is a civil trial and the characters involved had it postponed up till now. They know its potential to make news.

made a deal with Greenspan not to go after Bu$h Sr. for fraud. I guess this scenario fits in with that story too. Clinton was told that if he went after Bu$hCo it would destroy the economy and the markets, and he would get stuck with the blame, even if he was right. Interesting dilemma to be stuck in. Damned if you do, damned if you don't?

when criminals are white collar or powerful.

And so they go on to create more trouble. Phillips, in his book, spun that it was the idea that...well, Bush lost, he's gone, move on.

this is one comment of his (and there are others) where he fails to make connections in one incident which he does in another...

as in talking about Bush Sr. grooming his sons for a dynasty, these dynastic/imperial connections existing across generations...

...and yet, no one bothered to prosecute Bush Sr. for his many crimes because he was supposedly out of power??

Bush, a man whose dad was a Senator, who was a director of the CIA, who was involved in numerous clandestine activities which were in violation of our law and our constitution, whose two sons were running for offices?

Phillips is a smart man. I think he does not want to finish the sentence that his thoughts start when he talks about the Bush dynasty as a threat to our very republic...which is exactly what he says.

They could have prosecuted Bush and his sons on so many issues related to the S&L scandal...which we're still paying for, or the October Surprise, or Iraqgate, or Jr's illegal trading with Harken stock, or Jeb's shady biz...

These people, plain and simple, have to be brought down. Otherwise, they will wreck our economy by their crony corruption and by destroying the middle class and by operating a foreign policy which has little to do with national interest (as in the invasion of Iraq) and much to do with personal interests.

:kick:

And let the chips fall where they may.

Now you see what Kerry was up against? Most of the Dem party turned on him and created obstacles along the way. They did NOT want this pursued.

that Kevin Phillips book just came out, and up until very recently, Philips didn't understand/know about the dynasty. There are no in-depth histories of the Bush* family. Kerry, who investigated the actions of one Bush*, can't be expected to know and understand information that wasn't going to come out for another decade or more.

I can only hope for a REAL Independent Counsel to pull the whole story together.

You are a wise one, sangha.

As Phillips noted, the same thing happened after Prescott Bush and George Herbert Walker, via their biz association with Harriman--

and not only them, but the Remington family, GE, Ford, ad nauseum (in other words, the people who are getting the big bucks via the inheritance tax issue and the tax cuts)

---were investigated, censured, had assets seized, were considered in violation of the trading with the enemy act, and more in the two-plus decades before the U.S. entered WW2 to fight against a Nazi war machine which was made possible by Americans who illegally helped Hitler to rearm.

Yet, when America entered the war, these things were allowed to slide.

Same as it ever was, as The Talking Heads testified.

When I said Bush Sr. was not held responsible for his crimes, I did not mean by Kerry. I meant by the entire machinary of govt which allows criminals to pretend to be appointed by god to lead America into the worst foreign policy debacles of the twentieth century.

Let them send their kids to die for their bullshit greed and corruption.

Then maybe they'd care about the consequences of these actions.

:hi:

for most of last year?

There is NOTHING simple about this case. The implications are mindboggling.

thank you for your persistence

...and nice to see you, Octafish!

fwiw- Octafish knows much, much more about this than me. I'm just learning as I go.

http://www.fas.org/irp/congress/1992_rpt/bcci/24appendic.htm

APPENDICES


Matters For Further Investigation


There have been a number of matters which the Subcommittee has received some information on, but has not been able to investigate adequately, due such factors as lack of resources, lack of time, documents being withheld by foreign governments, and limited evidentiary sources or witnesses. Some of the main areas which deserve further investigation include:

1. The extent of BCCI's involvement in Pakistan's nuclear program. As set forth in the chapter on BCCI in foreign countries, there is good reason to conclude that BCCI did finance Pakistan's nuclear program through the BCCI Foundation in Pakistan, as well as through BCCI-Canada in the Parvez case. However, details on BCCI's involvement remain unavailable. Further investigation is needed to understand the extent to which BCCI and Pakistan were able to evade U.S. and international nuclear non-proliferation regimes to acquire nuclear technologies.

2. BCCI's manipulation of commodities and securities markets in Europe and Canada. The Subcommittee has received information that remains not fully substantiated that BCCI defrauded investors, as well as some major U.S. and European financial firms, through manipulating commodities and securities markets, especially in Canada, the Netherlands, and Luxembourg. This alleged fraud requires further investigation in those countries.

3. BCCI's activities in India, including its relationship with the business empire of the Hinduja family. The Subcommittee has not had access to BCCI records regarding India. The substantial lending by BCCI to the Indian industrialist family, the Hindujas, reported in press accounts, deserves further scrutiny, as do the press reports concerning alleged kick-backs and bribes to Indian officials.

4. BCCI's relationships with convicted Iraqi arms dealer Sarkis Soghanalian, Syrian drug trafficker, terrorist, and arms trafficker Monzer Al-Kassar, and other major arms dealers. Sarkenalian was a principal seller of arms to Iraq. Monzer Al-Kassar has been implicated in terrorist bombings in connection with terrorist organizations such as the Popular Front for the Liberation of Palestine. Other arms dealers, including some who provided machine guns and trained Medellin cartel death squads, also used BCCI. Tracing their assets through the bank would likely lead to important information concerning international terrorist and arms trafficker networks.

5. The use of BCCI by central figures in arms sales to Iran during the 1980's. The late Cyrus Hashemi, a key figure in allegations concerning an alleged deal involving the return of U.S. hostages from Iran in 1980, banked at BCCI London. His records have been withheld from disclosure to the Subcommittee by a British judge. Their release might aid in reaching judgments concerning Hashemi's activities in 1980, with the CIA under President Carter and allegedly with William Casey.

6. BCCI's activities with the Central Bank of Syria and with the Foreign Trade Mission of the Soviet Union in London. BCCI was used by both the Syrian and Soviet governments in the period in which each was involved in supporting activities hostile to the United States. Obtaining the records of those financial transactions would be critical to understanding what the Soviet Union under Brezhnev, Chernenko, and Andropov was doing in the West; and might document the nature and extent of Syria's support for international terrorism.

7. BCCI's involvement with foreign intelligence agencies. A British source has told the Bank of England and British investigators that BCCI was used by numerous foreign intelligence agencies in the United Kingdom. The British intelligence service, the MI-5, has sealed documents from BCCI's records in the UK which could shed light on this allegation.

8. The financial dealings of BCCI directors with Charles Keating and several Keating affiliates and front-companies, including the possibility that BCCI related entities may have laundered funds for Keating to move them outside the United States. The Subcommittee found numerous connections among Keating and BCCI-related persons and entities, such as BCCI director Alfred Hartman; CenTrust chief David Paul and CenTrust itself; Capcom front-man Lawrence Romrell; BCCI shipping affiliate, the Gokal group and the Gokal family; and possibly Ghaith Pharaon. The ties between BCCI and Keating's financial empire require further investigation.

9. BCCI's financing of commodities and other business dealings of international criminal financier Marc Rich. Marc Rich remains the most important figure in the international commodities markets, and remains a fugitive from the United States following his indictment on securities fraud. BCCI lending to Rich in the 1980's amounted to tens of millions of dollars. Moreover, Rich's commodities firms were used by BCCI in connection with BCCI's involving in U.S. guarantee programs through the Department of Agriculture. The nature and extent of Rich's relationship with BCCI requires further investigation.

10. The nature, extent and meaning of the ownership of shares of other U.S. financial institutions by Middle Eastern political figures. Political figures and members of the ruling family of various Middle Eastern countries have very substantial investments in the United States, in some cases, owning substantial shares of major U.S. banks. Given BCCI's routine use of nominees from the Middle East, and the pervasive practice of using nominees within the Middle East, further investigation may be warranted of Middle Eastern ownership of domestic U.S. financial institutions.

11. The nature, extent, and meaning of real estate and financial investments in the United States by major shareholders of BCCI. BCCI's shareholders and front-men have made substantial investments in real estate throughout the United States, owning major office buildings in such key cities as New York and Washington, D.C. Given BCCI's pervasiveness criminality, and the role of these shareholders and front-men in the BCCI affair, a complete review of their holdings in the United States is warranted.

12. BCCI's collusion in Savings & Loan fraud in the U.S. The Subcommittee found ties between BCCI and two failed Savings and Loan institutions, CenTrust, which BCCI came to have a controlling interest in, and Caprock Savings and Loan in Texas, and as noted above, the involvement of BCCI figures with Charles Keating and his business empire. In each case, BCCI's involvement cost the U. S. taxpayers money. A comprehensive review of BCCI's account holders in the U.S. and globally might well reveal additional such cases. In addition, the issue of whether David Paul and CenTrust's political relationships were used by Paul on behalf of BCCI merits further investigation.

13. The sale of BCCI affiliate Banque de Commerce et de Placements (BCP) in Geneva, to the Cukorova Group of Turkey, which owned an entity involved in the BNL Iraqi arms sales, among others. Given BNL's links to BCCI, and Cukorova Groups' involvement through its subsidiary, Entrade, with BNL in the sales to Iraq, the swift sale of BCP to Cukorova just weeks after BCCI's closure -- prior to due diligence being conducted -- raises questions as to whether a prior relationship existed between BCCI and Cukorova, and Cukorova's intentions in making the purchase. Within the past year, Cukorova also applied to purchase a New York bank. Cukorova's actions pertaining to BCP require further investigation in Switzerland by Swiss authorities, and by the Federal Reserve New York.


14. BCCI's role in China. As noted in the chapter on BCCI's activities in foreign countries, BCCI had extensive activity in China, and the Chinese government allegedly lost $500 million when BCCI closed, mostly from government accounts. While there have been allegations that bribes and pay-offs were involved, these allegations require further investigation and detail to determine what actually happened, and who was involved.

15. The relationship between Capcom and BCCI, between Capcom and the intelligence community, and between Capcom's shareholders and U.S. telecommunications industry figures. The Subcommittee was able to interview people and review documents concerning Capcom that no other investigators had to date interviewed or reviewed. Much more needs to be done to understand what Capcom was doing in the United States, the United Kingdom, Egypt, Oman, and the Middle East, including whether the firm was, as has been alleged but not proven, used by the intelligence community to move funds for intelligence operations; and whether any person involved with Capcom was seeking secretly to acquire interests in the U.S. telecommunications industry.

16. The relationship of important BCCI figures and important intelligence figures to the collapse of the Hong Kong Deposit and Guaranty Bank and Tetra Finance (HK) in 1983. The circumstances surrounding the collpase of these two Hong Kong banks; the Hong Kong banks' practices of using nominees, front-companies, and back-to-back financial transactions; the Hong Banks' directors having included several important BCCI figures, including Ghanim Al Mazrui, and a close associate of then CIA director William Casey; all raise the question of whether there was a relationship between these two institutions and BCCI-Hong Kong, and whether the two Hong Kong institutions were used for domestic or foreign intelligence operations.

17. BCCI's activities in Atlanta and its acquisition of the National Bank of Georgia through First American. Although the Justice Department indictments of Clark Clifford and Robert Altman cover portions of how BCCI acquired National Bank of Georgia, other important allegations regarding the possible involvement of political figures in Georgia in BCCI's activities there remain outside the indictment. These allegations, as well as the underlying facts regarding BCCI's activities in Georgia, require further investigation.

18. The relationship between BCCI and the Banca Nazionale del Lavoro. BCCI and the Atlanta Branch of BNL had an extensive relationship in the United States, with the Atlanta Branch of BNL having a substantial number of accounts in BCCI's Miami offices. BNL was, according to federal indictments, a significant financial conduit for weapons to Iraq. BCCI also made loans to Iraq, although of a substantially smaller nature. Given the criminality of both institutions, and their interlocking activities, further investigation of the relationship could produce further understanding of Saddam Hussein's international network for acquiring weapons, and how Iraq evaded governmental restrictions on such weapons acquisitions.

19. The alleged relationship between the late CIA director William Casey and BCCI. As set forth in the chapter on intelligence, numerous trails lead from BCCI to Casey, and from Casey to BCCI, and the investigation has been unable to follow any of them to the end to determine whether there was indeed a relationship, and if there was, its nature and extent. If any such relationship existed, it could have a significant impact on the findings and conclusions concerning the CIA and BCCI's role in U.S. foreign policy and intelligence operations during the Casey era. The investigation's work detailing the ties of BCCI to the intelligence community generally also remains far from complete, and much about these ties remains obscure and in need of further investigation.

20. Money laundering by other major international banks. Numerous BCCI officials told the Subcommittee that BCCI's money laundering was no different from activities they observed at other international banks, and provided the names of a number of prominent U.S. and European banks which they alleged engaged in money laundering. There is no question that BCCI's laundering of drug money, while pervading the institution, constituted a small component of the total money laundering taking place in international banking. Further investigation to determine which international banks are soliciting and handling drug money should be undertaken.

Especially in the post 9-11 sensibilities of today.

:kick:

http://thomas.loc.gov/

If you want to know more about legislation, passed or defeated, where the bill sidetracked, who voted, endless possibilities.

You do need to know the year of the congress you are looking up, but often it gives you the arguements of the reps. in congress.

.

very important

to save the links and copy articles, etc. to a cd, or zip, or whatever.

including the Congressional report.

I lost tons of stuff not too long ago...of course, I'll probably forget and have to find stuff all over again.

I wish there were some sight, like an ftp site, to put all the various threads and sort them and cross-reference them according to company, and also via a namebase.

That's the ticket.

important!!!

:hi:

Thanks to Kerry and his supporters in Iowa for the win, which gave me the impetus to click on it.

I was in the dangerous spot of knowing a little, so didn't click. Knew about BCCI, but not so many details.

Wow.

God bless you Octafish and RainDog and blm (and whomever else has helped) for your research and help!

wowee wow wow

I think I can safely say I could campaign like mad for this bonesman. Yes indeedy I do. :)

by rightwingers since the Nixon White House. Thirty years of planted stories labeling him a "phony" with the purpose of undermining his credibility.

i'm right there with you, redqueen!

http://www.democraticunderground.com/cgi-bin/duforum/duboard.cgi?az=show_thread&om=11956&forum=DCForumID61&archive=

I would like to see the work of the guy who did the drawings of BCCI/Bush...I can't remember his name right now...

but I read recently that his work is going to be on exhibit in Toronto.

I wonder if the gallery which has his work has made prints to sell to other people?

A BCCI web site would be a great resource, including the ability to go to that guy's drawings and run your mouse over one part or another and magnify that section.

As it is, some are like murals and impossible to read online.

Mark Lombardi is the artist who did the flow charts of Bush crimes.

If you have never seen these, you must check the links from Barrett808's post from the above thread. Barrett808 also included copies of them on the link above, but it's a very long thread so the links here may be faster.


Mark Lombardi:

http://www.pierogi2000.com/memorial/lombardm.html
http://www.wburg.com/0202/arts/lombardi.html
http://www.albany.edu/museum/wwwmuseum/work/lombardi/

------------------------------------------------------------------------

http://www.pierogi2000.com/flatfile/lombardi.html

This is a magnificent thread, frank (and anybody else looking to get up to speed fairly rapidly.) Warning. You think your head's spinning now? You ain't seen nothin' yet.

http://www.democraticunderground.com/cgi-bin/duforum/duboard.cgi?az=show_thread&om=11956&forum=DCForumID61&archive=yes

and another kick for truth.

this ain't about Kerry, ultimately, all you other candidates, and all you elected officials who now serve.

If the truth is out there, why can't the democrats do the right thing and bring down the house of Bush before it brings down our democracy?

Otherwise, why are any of you elected to serve the people of this nation?

head spinning
mind reeling
legs queasy

fuck it. let's get those bush bastards.

I hope they are still around...

I haven't seen JohnHughes for a while, and I miss him. I really, really liked and appreciated his posts and knowledge.

there are others too, but his contribution on that thread reveals a great deal of study and research across a spectrum of issues which relate to BCCI.

and amazing posters

and hope he finds his way back to us.

Oblomov is now Octafish.

Hi oblooctmovfish!

I know Barrett808 is also still here, still with the same username.

See...he's fishing for information on the Octapus. Octafish.

this thing is coming to trial now...

bank of england...hmmm...sounds like they are the old old old money

http://www.consortiumnews.com/archive/xfile7.html

you have to read this entire article...I can only post a few paragraphs here, but the information is also of concern and interest today, since it also includes Michael Ledeen, the "theorist" of the neocons.

...After retiring, Shackley went into business with another ex-CIA man, Thomas Clines, a partner with Edwin Wilson, the rogue spy who later would go to prison over shipments of terrorist materials to Libya. Clines himself would be convicted of tax fraud in the Iran-contra scandal, another controversy in which Shackley's pale specter would hover in the background.

But in 1980, Shackley was set on putting his former boss, George Bush, in the White House and possibly securing the CIA directorship for himself. Shackley volunteered his prodigious skills to Bush in early 1980. Though that fact has come out before, Shackley's involvement in the Iran hostage issue, the so-called October Surprise controversy, has been a closely held secret, until now.

...Another task force discovery -- also dropped from the final report -- was that conservative "journalist" Michael Ledeen, another Shackley associate, was privately collaborating with the Reagan-Bush campaign on the Iran hostage issue. The draft chapter said Ledeen was an unofficial member of the campaign's "October Surprise" group. A separate page of Allen's notes revealed Ledeen joining campaign director, William J. Casey, in a Sept. 16 meeting for what was called the "Persian Gulf Project."

Four French intelligence officials, including France's spy chief Alexandre deMarenches in statements to his biographer, placed Casey at the Paris meeting. But two other witnesses, a pilot named Heinrich Rupp and Israeli intelligence official AriBen-Menashe, also claimed to have seen Bush in Paris that day. Ben-Menashe testified that Casey and Bush were accompanied by active-duty CIA officers. ...At PBS FRONTLINE, we had discovered that on Oct. 18, 1980, a Chicago Tribune reporter named John Maclean told a U.S. foreign service officer, David Henderson, that a Republican source had supplied a fascinating tip -- that Bush was flying to Paris to discuss the hostages with Iranians.

...To the task force, the possibility that former and current CIA officers conspired with Republicans and foreign intelligence services to unseat a President of the United States was unthinkable. If true, it would have meant that elements of the CIA mounted a silent coup d'etat that undermined American democracy to put in place a President who would unleash the spy agency.

A real politick Zeitgeist took hold in Washington. It tolerated drug smuggling by CIA-connected groups, including the Nicaraguan contras and the Afghan mujahadeen. It watched passively as CIA associates plundered the world's banking system, most notably through the corrupt Bank of Credit and Commerce International (BCCI), which also had paid off a key Iranian in the October Surprise mystery. (See The Consortium, Dec. 31)

...BCCI paid Barcella and his law firm more than $2 million to fend off charges of corruption and money-laundering. At that time, Barcella's senior law partner was former Sen. Paul Laxalt, Reagan's finance chairman in 1980 who allegedly had covered up secret payments to the 1980 campaign from the Philippines Ferdinand Marcos. (See The Consortium, Jan. 15) ...Barcella was also close friends with Michael Ledeen...In 1993, Barcella would also find "no credible evidence" to support the October Surprise charges. But as we have shown in the first six parts of this series, a wealth of evidence that pointed in the opposite direction was left out of the final report.

For instance, there was no reference to BCCI's secret money deliveries to October Surprise suspects, no mention of Ledeen, Shackley or the other ex-CIA men assisting the Reagan-Bush campaign on Iran...

mentioned above, but worth its own post. on this thread, you can also read information that the UK suppressed with its regressive govt secrets act.

The site lists names of US politicians who are known to have connections to BCCI. What's so funny about that list is how selective it is, when Bush is so closely connected to Jackson Stephens and the House of Saud, both of whom are the ultimate connections to this whole corrupt group.

The writer also notes that BCCI has not been destroyed, but has reorganized under another name.

---
http://www.apfn.org/apfn/bcci.htm

THE CIA DEVELOPED IMPORTANT INFORMATION ON BCCI, AND INADVERTENTLY FAILED TO PROVIDE IT TO THOSE WHO COULD USE IT.

THE CIA AND FORMER CIA OFFICIALS HAD A FAR WIDER RANGE OF CONTACTS AND LINKS TO BCCI AND BCCI SHAREHOLDERS, OFFICERS, AND CUSTOMERS, THAN HAS BEEN ACKNOWLEDGED BY THE CIA.

By early 1985, the CIA knew more about BCCI's goals and intentions concerning the U.S. banking system than anyone else in government, and provided that information to the U.S. Treasury and the Office of the Comptroller of the Currency, neither of whom had the responsibility for regulating the First American Bank that BCCI had taken over. The CIA failed to provide the critical information it had gathered to the correct users of the information -- the Federal Reserve and the Justice Department.

After the CIA knew that BCCI was as an institution a fundamentally corrupt criminal enterprise, it continued to use both BCCI and First American, BCCI's secretly held U.S. subsidiary, for CIA operations.

While the reporting concerning BCCI by the CIA was in some respects impressive -- especially in its assembling of the essentials of BCCI's criminality, its secret purchase of First American by 1985, and its extensive involvement in money laundering -- there were also remarkable gaps in the CIA's reported knowledge about BCCI.

Former CIA officials, including former CIA director Richard Helms and the late William Casey; former and current foreign intelligence officials, including Kamal Adham and Abdul Raouf Khalil; and principal foreign agents of the U.S., such as Adnan Khashoggi and Manucher Ghorbanifar, float in and out of BCCI at critical times in its history, and participate simultaneously in the making of key episodes in U.S. foreign policy, ranging from the Camp David peace talks to the arming of Iran as part of the Iran/Contra affair. Yet the CIA has continued to maintain that it has no information regarding any involvement of these people, raising questions about the quality of intelligence the CIA is receiving generally, or its candor with the Subcommittee. The CIA's professions of total ignorance about their respective roles in BCCI are out of character with the Agency's early knowledge of many critical aspects of the bank's operations, structure, personnel, and history.

The errors made by the CIA in connection with its handling of BCCI were complicated by its handling of this Congressional investigation. Initial information that was provided by the CIA was untrue; later information that was provided was incomplete; and the Agency resisted providing a "full" account about its knowledge of BCCI until almost a year after the initial requests for the information. These experiences suggest caution in concluding that the information provided to date is full and complete. The relationships among former CIA personnel and BCCI front men and nominees, including Kamal Adham, Abdul Khalil, and Mohammed Irvani, requires further investigation.

this timeline spares no one, Republican, Democrat, no agency no person.

If you've never read Paul Thompson's cooperative research site you really should. He does not have answers to every question, but he has well-documented incidents from multiple mainstream sources.. and he has questions, like the rest of us, that need to be answered.

And my greatest question at this time is why has George Bush done everything he could to hinder this investigation?

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http://www.cooperativeresearch.org/timeline/main/timelinebefore2001.html


July 5, 1991: The Bank of England shuts down the Bank of Credit and Commerce International (BCCI), the largest Muslim bank in the world. Based in Pakistan, this bank financed numerous Muslim terrorist organizations and laundered money generated by illicit drug trafficking and other illegal activities, including arms trafficking. Bin Laden and many other terrorists had accounts there. One money-laundering expert claims, "BCCI did dirty work for every major terrorist service in the world." American and British governments knew about all this yet kept the bank open for years. The ISI had major connections to the bank. But, as later State Department reports indicate, Pakistan remains a major drug trafficking and money-laundering center despite the bank's closing. The Washington Post claims, "The CIA used BCCI to funnel millions of dollars to the fighters battling the Soviet occupation of Afghanistan." A French intelligence report later suggests the BCCI network has been largely rebuilt by bin Laden (see October 2001). The ruling family of Abu Dhabi, the dominant emirate in the United Arab Emirates, owned 77 percent of the bank. A network of drug, weapons and money laundering later develops between al-Qaeda, the Taliban, United Arab Emirates and Pakistan (see Mid-1996-October 2001). Is the ISI still connected to this ex-BCCI network? Is the CIA?

Adnan Khashoggi.picture

May 1996: Reporter Greg Palast later claims that there is a meeting of Saudi billionaires at the Hotel Royale Monceau in Paris this month with the financial representative of al-Qaeda. "The Saudis, including a key Saudi prince joined by Muslim and non-Muslim gun traffickers, to determine who would pay how much to Osama. This not so much an act of support but of protection -- a payoff to keep the mad bomber away from Saudi Arabia" (see also 1996 (C)). The 9/11 victims' relatives also site a "nonpublished French intelligence report" of this meeting in their lawsuit against important Saudis. Palast claims that the Saudi Sheikh Abdullah Bakhsh attends the meeting. Bakhsh also saved Bush Jr.'s Harken Oil from bankruptcy around 1990. The notorious Saudi billionaire Adnan Khashoggi also attends the meeting. In a somewhat tongue-in-cheek manner, Slate has claimed that Khashoggi is a "shadowy international arms merchant" who is "connected to every scandal of the past 40 years." Amongst other things, he was a major investor in BCCI and a key player in the Iran-Contra affair. Saudi billionaire Khalid bin Mahfouz also apparently attends the meeting (though it could be a later meeting with Khashoggi in 1998). Palast, noting that the French monitored the meeting, asks, "Since US intelligence was thus likely informed, the question becomes why didn't the government immediately move against the Saudis?" An apparent follow-up meeting occurs in 1998 (see July 1998).

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Khalid bin Mahfouz picture

April 1999: A Saudi government audit shows that five of Saudi Arabia's billionaires have been giving tens of millions of dollars to al-Qaeda. The audit shows that these businessmen transferred money from the National Commercial Bank to accounts of Islamic charities in London and banks in New York that serve as fronts for bin Laden. $3 million was diverted from a Saudi pension fund. $2 billion of the bank's $21 billion is also found to be missing. The only action taken is that Khalid bin Mahfouz, founder of National Commercial Bank, Saudi Arabia's biggest bank, is placed under house arrest and majority control in the bank is bought out by the Saudi government. The Saudi government won't allow US officials to talk to bin Mahfouz, despite asking "at a very senior level." By 9/11, he is in a hospital and technically no longer under house arrest. The US has not frozen the accounts of bin Mahfouz, and he continues to engage in major oil deals with US corporations (see Early December 2001 (B)). Forbes Magazine claims his family fortune is worth more than $4 billion. Bin Mahfouz had invested in George Bush Jr.'s businesses starting in 1988 (see 1988). He is later sued for his role in funding terrorism (see August 15, 2002).

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but, I think that BFEE had its operatives in place long before.

I doubt Carter personally was aware, but, that's part of the problem of being an outsider coming in sometimes....you can be played by trusting the wrong insiders.

those who could harm their enterprises.

I'm kicking this up again cause there are too many links to let it fall into the archive, at least for another five minutes...

lots of info here...