143 lines
7.2 KiB
Plaintext
143 lines
7.2 KiB
Plaintext
|
|
Conspiracy Nation -- Vol. 10 Num. 86
|
|
=======================================
|
|
("Quid coniuratio est?")
|
|
|
|
|
|
-----------------------------------------------------------------
|
|
|
|
BCCI: NOT EXACTLY A BANK
|
|
========================
|
|
|
|
"You are never going to understand BCCI if you persist in
|
|
thinking of it as a bank."
|
|
-- John Moscow, Assistant D.A., Manhattan
|
|
(qtd. in *The Outlaw Bank* by Beaty & Gwynne)
|
|
|
|
In the late 1970s, the Soviets invaded Afghanistan. Countering
|
|
the Soviets, the CIA helped supply the Afghani resistance with
|
|
weapons. Interwoven with neighboring Pakistan's intelligence
|
|
agency, Inter-Services Intelligence, was BCCI, the Bank of Credit
|
|
and Commerce International. Inter-Services Intelligence
|
|
controlled supplies of weapons to the Afghan resistance. AGHA
|
|
HASAN ABEDI, founder of BCCI, dealt directly with CIA chief
|
|
William Casey. "Abedi was close to Bill Casey. They met many
|
|
times. BCCI financed operations. BCCI brokered weapons and
|
|
supplies, BCCI acted as paymaster." (Anonymous source, qtd. in
|
|
*The Outlaw Bank*.) The CIA/BCCI relationship grew, and BCCI
|
|
helped fund CIA and U.S. military covert operations.
|
|
|
|
In September of 1991, Time magazine carried an article describing
|
|
BCCI as "a vast, stateless, multinational corporation that
|
|
deploys its own intelligence agency, complete with a paramilitary
|
|
wing and enforcement units, known collectively as the Black
|
|
Network." BCCI's "Black Network" apparently is connected to at
|
|
least 16 suspicious deaths, including of 2 reporters: Anson Ng
|
|
of the Financial Times, and Danny Casolaro, a freelance reporter.
|
|
Both had been working on the BCCI story.
|
|
|
|
BCCI was aggressive in seeking clients. They did not limit
|
|
themselves to just rich people trying to hide their money. They
|
|
also sought out drug kingpins, weapons merchants, and smugglers
|
|
in general. Helping grease the wheels for secret operations were
|
|
"Letters of Credit" issued by the shady bank. BCCI's operation
|
|
was not unique among banks in general, but they were a caricature
|
|
of how things work in that they exceeded normal bank etiquette in
|
|
such matters. If you don't believe it, check on balance of
|
|
payments between nations. "By definition, the world must be in
|
|
balance with itself. Yet from an approximate balance in the
|
|
early 1970s, an inexplicable black hole -- a deficit of $20
|
|
billion -- had developed by 1978, and in 1982 the deficit hit
|
|
$110 billion." (*The Outlaw Bank*)
|
|
|
|
In Arkansas sits billionaire Jackson Stephens. In his classic
|
|
article, "The Name of Rose" (New Republic, 4/4/94), L.J. Davis
|
|
shows how the Rose Law Firm of Little Rock has handled the
|
|
affairs of Jackson Stephens. Jackson Stephens, according to
|
|
former Forbes senior editor James Norman, once owned a bank data
|
|
processing company called "Systematics," and, says Norman,
|
|
Systematics was itself, in effect, a sort of bank. Jackson
|
|
Stephens also reportedly served as a front man for BCCI. (CN
|
|
7.99)
|
|
|
|
In "The Money Trail," Sherman Skolnick goes even further.
|
|
According to that veteran investigator, "Vincent W. Foster, Jr.,
|
|
and Hillary Rodham Clinton, on behalf of the Rose Law Firm and
|
|
Jackson Stephens and Worthen Bank Group, arranged for BCCI to
|
|
penetrate the American market." Skolnick cites an article from
|
|
the New York Post, 2/8/92, as further reference (CN 6.04).
|
|
|
|
L.J. Davis, in his previously-mentioned article, agrees: the
|
|
Rose Law Firm has/does handle Stephens' affairs, and Davis even
|
|
connects BCCI with former Jimmy Carter honcho Bert Lance, Clark
|
|
Clifford, and Jackson Stephens. (Sara McClendon has stated that
|
|
Stephens and Carter have been close friends as far back as when
|
|
they both attended Annapolis.) In a radio interview broadcast on
|
|
local PBS radio outlet, WILL-AM, on Aug. 4, 1994, Davis described
|
|
what it was like in Little Rock: "I mean, after I'd been there
|
|
for awhile, considering the milieu and considering the strange
|
|
people that *did* show up there, I wouldn't have been surprised
|
|
if I encountered a fat man in a fez, Peter Lorre, and a Maltese
|
|
falcon!"
|
|
|
|
Another BCCI connection is to the December 1985 crash, in Gander,
|
|
Newfoundland, of a plane carrying 248 American soldiers.
|
|
Reportedly, a duffel bag stuffed with U.S. money was
|
|
surreptitiously spirited away from the crash site by apparent CIA
|
|
operatives. One of Beaty and Gwynnes sources states that the
|
|
money on the plane was from BCCI, provided to U.S. Intelligence
|
|
for covert operations. Investigator Gene Wheaton believes "that
|
|
Iranian terrorists blew up the plane out of anger after they
|
|
received a shipment of defective Hawk missile parts from the
|
|
United States." (*The Outlaw Bank*) But BCCI's main concern,
|
|
reportedly, was that their money might be stolen from them, as a
|
|
peripheral consequence of the plane crash.
|
|
|
|
Past issues of Conspiracy Nation have covered reports of a
|
|
possible "fuel-air explosive," a highly-sophisticated device,
|
|
being used in the tragic Oklahoma City bombing(s) of April 1995.
|
|
BCCI reportedly is connected to secret sales of something called
|
|
"Colombine Heads," apparently the triggering device for these
|
|
fuel-air bombs. As described in *The Outlaw Bank*, these
|
|
fuel-air bombs are also known as "the poor man's hydrogen bomb...
|
|
it worked by exploding a large cloud of vaporized gasoline. The
|
|
resulting explosion rivaled atomic blasts. It was almost
|
|
primitive technology, but it took an extremely sophisticated
|
|
triggering system to ignite the gas cloud."
|
|
|
|
BCCI, write Beaty and Gwynne, was a *big* story. Yet the mass
|
|
media mostly focussed only on the narrow aspect of Clark
|
|
Clifford's and Robert Altman's involvement. (Both were found
|
|
"not guilty" of any crimes.) The authors suggest that a great
|
|
deal of information on BCCI is being held "at the highest reaches
|
|
of the American government."
|
|
|
|
+ + + + + + + + + + + + + + + + + + + + + +
|
|
|
|
For related stories, visit:
|
|
http://www.shout.net/~bigred/cn.html
|
|
http://feustel.mixi.net
|
|
|
|
-----------------------------------------------------------------
|
|
Views expressed do not necessarily reflect those
|
|
of Conspiracy Nation, nor of its Editor in Chief.
|
|
-----------------------------------------------------------------
|
|
I encourage distribution of "Conspiracy Nation."
|
|
-----------------------------------------------------------------
|
|
Mailing List Yanked for "Policy Reasons." New Mailing List Planned.
|
|
-----------------------------------------------------------------
|
|
DONATIONS APPRECIATED
|
|
Send to: Brian Redman, 310 S. Prairie St. (#202)
|
|
Champaign, IL 61820
|
|
-----------------------------------------------------------------
|
|
Want to know more about Whitewater, Oklahoma City bombing, etc?
|
|
(1) telnet prairienet.org (2) logon as "visitor" (3) go citcom
|
|
-----------------------------------------------------------------
|
|
Aperi os tuum muto, et causis omnium filiorum qui pertranseunt.
|
|
Aperi os tuum, decerne quod justum est, et judica inopem et
|
|
pauperem. -- Liber Proverbiorum XXXI: 8-9
|
|
|
|
|
|
|
|
|