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In reply to the discussion: FOUND After 35 Years: CIA’s Fugitive Banker (Nugan-Hand partner) [View all]Octafish
(55,745 posts)15. Corporate Funding
It is to laugh.
"This is a superbly researched and exceptionally well-told story." -- John Kenneth Galbraith
What a small world. Koch Brothers funded PBS big time and until recently enjoyed a pass on it.
Speaking of FARC:
When it comes to making money, Columbia is wicked awesome!
Ask Richard Grasso (left, photo below), then-head of the New York Stock Exchange, as he gives a nice warm hug to Raul Reyes, (photo, right) then-living FARC #2.
The Real Deal: The Ultimate New Business Cold Call
NYSE's Richard Grasso and the Ultimate New Business "Cold Call"
Monday, 18 February 2002, 10:13 am
Column: Catherine Austin Fitts
Lest you think that my comment about the New York Stock Exchange is too strong, let's look at one event that occurred before our "war on drugs" went into high gear through Plan Colombia, banging heads over narco dollar market share in Latin America.
In late June 1999, numerous news services, including Associated Press, reported that Richard Grasso, Chairman of the New York Stock Exchange flew to Colombia to meet with a spokesperson for Raul Reyes of the Revolutionary Armed Forces of Columbia (FARC), the supposed "narco terrorists" with whom we are now at war.
The purpose of the trip was "to bring a message of cooperation from U.S. financial services" and to discuss foreign investment and the future role of U.S. businesses in Colombia.
Some reading in between the lines said to me that Grasso's mission related to the continued circulation of cocaine capital through the US financial system. FARC, the Colombian rebels, were circulating their profits back into local development without the assistance of the American banking and investment system. Worse yet for the outlook for the US stock market's strength from $500 billion - $1 trillion in annual money laundering - FARC was calling for the decriminalization of cocaine.
To understand the threat of decriminalization of the drug trade, just go back to your Sam and Dave estimate and recalculate the numbers given what decriminalization does to drive BIG PERCENT back to SLIM PERCENT and what that means to Wall Street and Washington's cash flows. No narco dollars, no reinvestment into the stock markets, no campaign contributions.
It was only a few days after Grasso's trip that BBC News reported a General Accounting Office (GAO) report to Congress as saying: "Colombia's cocaine and heroin production is set to rise by as much as 50 percent as the U.S. backed drug war flounders, due largely to the growing strength of Marxist rebels"
CONTINUED...
http://www.scoop.co.nz/stories/HL0202/S00069.htm
Har har. Secret government.
PS: Thank you for the heads-up on Kwitny, MinM. Remember the Federal Witness Removal Program.
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I'd be the last to doubt Kwitny's credibility, but lack of citations makes follow-up much more
leveymg
Nov 2015
#3
Absolutely correct. The thing is, Kwitny does source his book, published in 1987.
Octafish
Nov 2015
#6
The fact there is so little coverage about this demonstrates corrupt nature of news media.
Octafish
Nov 2015
#17
Hand changed his name, but, for some reason, wasn't tracked by Uncle Sam for extradition.
Octafish
Nov 2015
#7
The great DUer MinM reported on Nugan Hand and its connection to Rupert Murdoch in 2012...
Octafish
Nov 2015
#11
Gnarly! Nugan Hand goes with BCCI in more than the annals of high class corruption.
Octafish
Nov 2015
#12
Banking CIA-Style : How the Money Moves Under The Table to Fund Covert Operations.
Octafish
Nov 2015
#16
billmon: Koch CIA is actually headed by hack GOP oppo researcher .. classic "deep state" stuff
MinM
Nov 2015
#23
Proto-Fascist Infrastructure: The NSA, Booz Allen, Unysis, Verizon... And The Koch Bros.
Octafish
Nov 2015
#26