Former CIA director appointed to board as outside US director - Krongard

[seemslikeadream]

Baltimore, MD (March 18, 2005) – DLA Piper Rudnick Gray Cary US LLP (DLA Piper), one of the world’s leading law firms, today announced the appointment of A.B. “Buzzy” Krongard as an outside U.S. director to its Global Board of Directors which has been organized to oversee and coordinate the worldwide operations of the firm. The board will be led by Senator George J. Mitchell who will serve as Chairman and continue his role as a partner within the firm.

Krongard is the former Executive Director of the Central Intelligence Agency and former Chairman and Chief Executive Officer of investment banking firm Alex. Brown, Incorporated. He currently is the Non-Executive Chairman of the Board of Directors of PHH Corporation, a leading outsource provider of mortgage and vehicle fleet management services.

“We’ve assembled a board of directors that reflects the global reach of the firm and the depth of our core practice areas,” said Senator Mitchell. “As a group and individually, we are firmly committed to guiding this firm during a period of tremendous global growth.”

In January 2005, DLA and Piper Rudnick merged to form a legal services organization with more than 2,800 lawyers in 49 offices in 18 countries around the world. The firm has concentrated its global practices into seven areas of focus which include Corporate and Finance; Litigation; Real Estate; Regulatory & Legislative; Commercial; Human Resources; and Technology, Media and Communications (TMC) practices.

more
http://www.lawfuel.com/index.php?page=press_releases&handler=focus&pressreleaseid=2822&category=&return=list-publications&sortby=timestamp&screen=1

[seemslikeadream]

1. Let Bin Laden stay free, says CIA man AB “Buzzy” Krongard

January 09, 2005
Tony Allen-Mills

...

If the world’s most wanted terrorist is captured or killed, a power struggle among his Al-Qaeda subordinates may trigger a wave of terror attacks, said AB “Buzzy” Krongard, who stepped down six weeks ago as the CIA’s third most senior executive.

“You can make the argument that we’re better off with him (at large),” Krongard said. “Because if something happens to Bin Laden, you might find a lot of people vying for his position and demonstrating how macho they are by unleashing a stream of terror.”

Krongard, a former investment banker who joined the CIA in 1998, said Bin Laden’s role among Islamic militants was changing. “He’s turning into more of a charismatic leader than a terrorist mastermind,” he said. “Some of his lieutenants are the ones to worry about.” Krongard, 68, said he viewed Bin Laden “not as a chief executive but more like a venture capitalist”.

...

Several US officials have privately admitted that it may be better to keep Bin Laden pinned down on the border of Afghanistan and Pakistan rather than make him a martyr or put him on trial. But Krongard is the most senior figure to acknowledge publicly that his capture might prove counter-productive.

Krongard also acknowledged that the CIA was still having trouble planting spies in Islamic militant ranks. “There are hundreds and hundreds of (Al-Qaeda) cells — it’s like a living, moving bit of protoplasm,” he said.

more
http://www.timesonline.co.uk/article/0,,2089-1431539,00.html

[htuttle]

2. 'Buzzy' is also the end of the trail of the 9/11 put options

http://www.cooperativeresearch.org/context.jsp?item=a090601shorts

Suspicious trading occurs on American and United, the two airlines used in the 9/11 attacks. “Between 6 and 7 September, The Chicago Board Options Exchange saw purchases of 4,744 put option contracts (a speculation that the stock will go down) in UAL versus 396 call options—where a speculator bets on a price rising. Holders of the put options would have netted a profit of $5 million once the carrier's share price dived after September 11. On 10 September, more trading in Chicago saw the purchase of 4,516 put options in American Airlines, the other airline involved in the hijackings. This compares with a mere 748 call options in American purchased that day. Investigators cannot help but notice that no other airlines saw such trading in their put options.” One analyst says: “I saw put-call numbers higher than I've ever seen in 10 years of following the markets, particularly the options markets.” (Associated Press, 9/18/01, San Francisco Chronicle, 9/19/01) “To the embarrassment of investigators, it has also emerged that the firm used to buy many of the ‘put’ options … on United Airlines stock was headed until 1998 by ‘Buzzy’ Krongard, now executive director of the CIA.” Krongard was chairman of Alex Brown Inc., which was bought by Deutsche Bank. “His last post before resigning to take his senior role in the CIA was to head Bankers Trust—Alex Brown's private client business, dealing with the accounts and investments of wealthy customers around the world.” (Independent, 10/14/01)

Looks like they're still trying to keep it all in 'The Family'.

[psychopomp]

11. Thank you

This point really makes this thread worth the eyeballs.

[leesa]

8. "Buzzy doesn't want OBL squealing about the Bush Crime Family's role

in 9-11. Buzzy's a primary Bush criminal.

[sattahipdeep]

9. Spitzer found something really, really rotten

How appalling must one man's record at home and abroad be for you to reject
him?

http://www.mirror.co.uk/news/allnews/tm_objectid=14832124&method=full&siteid=50143&headline=god-help-america-name_page.html

[seemslikeadream]

10. U'ki'ut'l

[Wilms]

3. Don't like these guys. n/t

[sattahipdeep]

4. Mr. Mitchell_Mr. Kissinger

False Start on 9/11
Saturday, December 14, 2002; Page A24


THE COMMISSION to investigate U.S. failures leading up to the
Sept. 11, 2001, attacks is in disarray, which is no small trick
given that it has yet to meet. Its original vice chairman, former
senator George J. Mitchell, announced Wednesday that he could not
serve; President Bush's designated chairman, former secretary of state
Henry A. Kissinger, followed suit yesterday.
Both cited pressures from their day jobs: Mr. Mitchell was concerned
about time away from his law firm, and Mr. Kissinger was unwilling to
disclose his international consulting clients as federal law appeared to require.
Whatever pressures turn out to have led the two men to accept and then reconsider

http://www.washingtonpost.com/ac2/wp-dyn?pagename=article&node=&contentId=A52949-2002Dec13¬Found=true

http://www.cooperativeresearch.org/searchResults.jsp?searchtext=Mitchell&events=on&entities=on&articles=on&topics=on&timelines=on&projects=on&titles=on&descriptions=on&dosearch=on&search=+Go+

[seemslikeadream]

6. “Buzzy” Krongard managed firm that handled “PUT” options on United Airlin

FTW - October 9, 2001 – Although uniformly ignored by the mainstream U.S. media, there is abundant and clear evidence that a number of transactions in financial markets indicated specific (criminal) foreknowledge of the September 11 attacks on the World Trade Center and the Pentagon. In the case of at least one of these trades -- which has left a $2.5 million prize unclaimed -- the firm used to place the “put options” on United Airlines stock was, until 1998, managed by the man who is now in the number three Executive Director position at the Central Intelligence Agency.

Until 1997 A.B. “Buzzy” Krongard had been Chairman of the investment bank A.B. Brown. A.B. Brown was acquired by Banker’s Trust in 1997. Krongard then became, as part of the merger, Vice Chairman of Banker’s Trust-AB Brown, one of 20 major U.S. banks named by Senator Carl Levin this year as being connected to money laundering. Krongard’s last position at Banker’s Trust (BT) was to oversee “private client relations.” In this capacity he had direct hands-on relations with some of the wealthiest people in the world in a kind of specialized banking operation that has been identified by the U.S. Senate and other investigators as being closely connected to the laundering of drug money.

Krongard joined the CIA in 1998 as counsel to CIA Director George Tenet. He was promoted to CIA Executive Director by President Bush in March of this year. BT was acquired by Deutsche Bank in 1999. The combined firm is the single largest bank in Europe. And, as we shall see, Deutsche Bank played several key roles in events connected to the September 11 attacks.
THE SCOPE OF KNOWN INSIDER TRADING

Before looking further into these relationships it is necessary to look at the insider trading information that is being ignored by Reuters, The New York Times and other mass media. It is well documented that the CIA has long monitored such trades – in real time – as potential warnings of terrorist attacks and other economic moves contrary to U.S. interests. Previous stories in FTW have specifically highlighted the use of Promis software to monitor such trades.
more
http://www.hereinreality.com/insidertrading.html



begin to mend life's sacred hoop sattahipdeep

[sattahipdeep]

7. seemslikeadream

:hi:



:hug:

[chlamor]

5. These are real high level technocrats that wield power

unlike Bush. These folks can make detentions and torture policy (already is and always has been) and soften it up with some beautiful legalese.

Maybe we need a DLA Piper Watch website