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Reply #81: Starr (AIG forerunner) - drugs - Enron - Enron coverup via AIG - Khashoggi [View All]

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DrDebug Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-26-06 04:31 PM
Response to Reply #58
81. Starr (AIG forerunner) - drugs - Enron - Enron coverup via AIG - Khashoggi
Edited on Mon Jun-26-06 04:41 PM by DrDebug

While helping the OSS cause in China, Starr - the founder of the forerunner of AIG - allegedly reported to Paul Helliwell, who had been chief of special intelligence, according to the late Wall Street Journal investigative reporter Jonathan Kwitny. In his book on the Nugan Hand bank, The Crimes of Patriots, Kwitny writes that the CIA,
began supplying the through two front companies: Civil Air Transport (later Air America), headquartered in Taiwan, and Sea Supply Corporation, headquartered in Bangkok Sea Supply Corporation, for its part, was founded and run by a lawyer and CIA operative named Paul Helliwell Colleagues from those days told the Wall Street Journals Jim Drinkhall that Helliwell, then a colonel, regularly used to buy information with five-pound shipments of opium.

When General Claire Chennault, who commanded the Flying Tigers in World War II (and later ran Civil Air Transport), wanted Washingtons support for the KMT operation, Helliwell became the liaison between Chennault and Frank G. Wisner, head of the Office of Policy Coordination (later the covert operations branch of the CIA). Wisner gave the green light.

Roughly 50 years later, in October of 1997, Wisners son, Ambassador Frank G. Wisner, Jr., joined the board of Enron. He was the US ambassador to India when the energy company began working on the Dabhol Power project.

According to a Human Rights Watch report,

Enron found a powerful ally in the U.S. government. Ambassador Frank Wisner took up Enrons cause and hammered home to Indian officials that the two countries newly established business ties would suffer if the Dabhol project were canceled altogether. The backing of Wisner...speaks volumes for Enrons ability to rope powerful people in to help their cause, says a top official in the Power Ministry who was with the Power Ministry when the Dabhol deal was initially cleared. The Indian government was clearly intimidated by Enrons clout.


by Wayne Madsen


The investigations of the secret Bush money tranches are coming to the fore as New York Attorney General Eliot Spitzer focuses in on the scandal involving Maurice "Hank" Greenberg and the inflation of the worth of American Insurance Group (AIG) through shady affiliates, including AIG reinsurer Coral Re of Barbados. Greenberg was the CEO of AIG but was forced to step down amid the Spitzer probe. (...)

Spitzer's investgation of AIG is starting to dovetail with that of Morgenthau. One focus of the investigation is on some questionable Enron "cash flow" notes payable to Citicorp and J. P. Morgan Chase and purchased in May 2001 by AIG and the John D. and Catherine T. MacArthur Foundation. On August 21, 2001, just a few weeks before the 911 attacks, a UBS Warburg/Paine Webber broker named Chung Wu advised his investors to sell their Enron stock, whereafter UBS quickly fired the broker. In an email Wu advised customers, Financial situation is deteriorating in Enron and price drops another $7.00I would advise you to take some money off the table even at this point. The House Committee on Government Reform investigated the sacking of Wu and his warning but little came from the GOP-run committee. In December 2001, Enron filed for bankruptcy in New York City, not in Houston, where its headquarters was located. The New York bankruptcy court appointed Steven Cooper of Zolfo-Cooper LLC to run Enron.

The deal involving Cooper's assumption of control of Enron raised eyebrows among regulators, chiefly because Cooper's Catalyst Equity Partner's Fund included Citicorp and J.P. Morgan Chase, two of Enron's major creditors. Financial investigators report that the Enron notes to Citicorp and Chase and sold to AIG and MacArthur were unusual, out of the ordinary, and "lacked teeth." A former U.S. Justice Department prosecutor referred to such financial instruments as "feints" designed to mask illegal transactions by keeping them off the books and away from the eyes of U.S. government regulators. In September 2002, Kroll Inc., a shadowy firm with ties to the U.S. intelligence community, acquired Zolfo-Cooper and Cooper was named managing director of Kroll Zolfo Cooper. In May 2004, Marsh & McLennan acquired Kroll and Zolfo Cooper. Jeffrey Greenberg, the son of AIG's Hank Greenberg, had earlier left AIG to run Marsh & McLennan. The revolving doors and musical chairs involving Enron, Kroll, Zolfo-Cooper, Marsh & McLennan, and AIG became the subject of Spitzer's probes. Another insurance firm investigated by Spitzer for price fixing of property casualty insurance coverage and conspiracy was ACE, headed by Hank Greenberg's other son, Evan. In October 2004, Jeffrey Greenberg quickly stepped down from Marsh & McLennan amid Spitzer's investigation.

Hank Greenberg has had a long time relationship with Henry Kissinger, the partner of Richard Perle in Trireme Partners, the firm that, according to Seymour Hersh, attempted to negotiate deals with Saudi Arabia using Saudi billionaire arms dealer Adnan Khashoggi* as an intermediary. Greenberg and Khashoggi, according to CIA sources, have long had an interest in exploiting the oil and natural gas reserves of Uzbekistan and the construction of pipelines across the Uralskaya region of Russia. Uzbekistan has also featured prominently in oil and natural gas plans of Enron and UNOCAL. According to Enron insiders, on Saturday, September 7, 1996, 42 representatives of Enron and UNOCAL met in Tashkent, the Uzbek capital, with Khashoggi, Taliban representatives, and Uzbek government officials. The subject was the CentGas pipeline through Afghanistan to Pakistan, a project that involved UNOCAL, Enron, and Saudi support. Current Afghan President Hamid Karzai was a consultant on the pipeline for UNOCAL. Prior to the Tashkent oil summit, on June 23, 1996, a $10 billion wire transfer was made from Cyprus, via Barclays Bank in London, to Enron in Houston. Cyprus is a major banking center for illicit activity. The Tashkent meeting was followed by a spring 1997 meeting between Enron, UNOCAL, and Taliban representatives at the posh Houstonian Hotel in Houston. (registration required)

Remember Adnan Khashoggi. Because he is the hidden man behind al-Cokeda. So both Khashoggi - who controls al-Cokeda - and Greenberg - whose family controls AIG/Kroll/Marsh - had an interest in the Oil and Gas pipeline in Afghanistan as well as the drug trade.
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