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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 06:31 PM
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BCCI, Iran Contra relevance: UAE, Saudi, Pakistan, money and Bush family
From Kerry's BCCI report:

For example, BCCI provided $10 million in grants in the late 1980's to finance an officially "private" science and technology institute named for Pakistani President Ishaq Khan, whose director, A. Qadir Khan, has been closely associated with Pakistan's efforts to build a nuclear bomb. The institute is believed by some experts to be the headquarters for Pakistan's efforts to build an Islamic bomb. In the same period, other BCCI officials were assisting Pakistanis in purchasing nuclear technologies paid for by Pakistani-front companies through BCCI-Canada.(94)


Paskistan's nuclear weapons:

Snip...

1990--Pakistani biography of top nuclear scientist (Dr. Abdul Qadeer Khan and the Islamic Bomb), claims US showed `model' of Pakistani bomb to visiting Pakistani diplomat as part of unsuccessful nonproliferation effort.

1990--Defense & Foreign Affairs Weekly reports `US officials now believe that Pakistan has quite sufficient computing power in country to run all the modeling necessary to adequately verify the viability of the country's nuclear weapons technology.'

1990--Dr. A.Q. Khan, father of Pakistan's bomb, receives `Man of the Nation Award.'

1990--Washington Post documents 3 recent efforts by Pakistan to acquire special arc-melting furnaces with nuclear and missile applications.

October 1990 -- President Bush announced that he could no longer provide Congress with Pressler Amendment certification that Pakistan does not possess a nuclear weapon. Economic and military aid was duly terminated, though the Bush administration continued to permit a limited number of commercial military sales to Pakistan. Pakistan handled the cutoff with little public rancor and committed itself to freezing the nuclear program in an attempt to placate the United States.
1991

1991 -- Pakistan proposed to India commencement of a multilateral conference on the nuclear proliferation in south Asia

1991--Wall Street Journal says Pakistan is buying nuclear-capable M-11 missile from China.

1991--Sen. Moynihan says in television interview, `Last July <1990> the Pakistanis machined 6 nuclear Pakistan warheads. And they've still got them.'

1991--Time quotes businessman, `BCCI is functioning as the owners' representative for Pakistan's nuclear-bomb project.'

1991--India and Pakistan enter agreement prohibiting attacks on each other's nuclear installations.

July 1991 - Reliable reports from Islamabad confirm that Pakistan had frozen production of HEU and halted the manufacturing of nuclear weapons components.
1992

1992--Pakistani foreign secretary publicly discusses Pakistan's possession of `cores' of nuclear devices.

Late 1992 -- The US Government determines that China had transferred items controlled under the international Missile Technology Control Regime to Pakistan.

December 1992 -- The US Government asked Pakistan to return eight US Navy frigates and a supply ship that had been leased to the Pakistan Navy, which accounted for more than half of Pakistan's major surface combatants.

01 December 1992 -- Senator Larry Pressler reportedly stated in a press interview that he had been told by the Central Intelligence Agency (CIA) that Pakistan had assembled seven weapons and could air drop one in a matter of hours .
1993

1993 -- Pakistan proposed to India creation of a missile-free zone in south Asia

25 August 1993 -- The United States imposed "Category Two" sanctions against certain Chinese and Pakistani entities that were involved in an M-11 missile-related transfer, which is prohibited under US law.

Late 1993 -- The Clinton Administration, citing what it considered to be asymmetrical treatment accorded to Pakistan and India over their respective nuclear programs, proposed revising the Pressler Amendment and certain "country-specific" sections of the Foreign Assistance Act. The administration argued that by the time nuclear nonproliferation provisions had been added to the Foreign Assistance Act, India had already acquired the capability to build nuclear weapons and thus Pakistan had borne the brunt of most United States sanctions.
1994

Early 1994 -- The Clinton Administration withdrew its proposal to revise the amendment because of strong criticism from a number of influential members of Congress, including Senator Pressler himself.

April 1994 - Deputy Secretary of State Strobe Talbott visits Islamabad to propose a one-time sale of F-16 fighter aircraft to Pakistan. Delivery of the planes would be contingent on specific commitments from Pakistan regarding its nuclear program, including a verifiable cap on the production of fissile materials. Talbott states that there is "broad agreement" between the United States and Pakistan on the goal of "first capping, then reducing, and eventually eliminating weapons of mass destruction and ballistic missiles from South Asia."
1995

April 1995 -- Prime Minister Bhutto visits Washington.

September 1995 -- The Clinton Administration proposes revisions to the Pressler Amendment, citing the Amendment's roadblocks to cooperation with Pakistan's Government in areas such as combatting terrorism and furthering US commercial interests in Pakistan. Under the Brown Amendment, the US would not deliver the controversial F-16 aircraft or resume an official military supply relationship with Pakistan, but the President decided to sell the F-16 aircraft to other countries and return the proceeds to Pakistan.
1996

01 January 1996 -- India and Pakistan exchange lists of atomic installations which each side has pledged not to attack under an over seven-year-old confidence-building agreement.

January 1996 -- The Brown amendment was signed into law to relieve some of the pressures created by the Pressler sanctions, which had crippled parts of the Pakistani military, particularly the Air Force. The Brown amendment allowed nearly $370 million of previously embargoed arms and spare parts to be delivered to Pakistan. It also permited limited military assistance for the purposes of counter-terrorism, peacekeeping, anti-narcotics efforts, and some military training.

March 1996 -- Pakistan commissioned an unsafeguarded nuclear reactor, expected to become fully operational in the late 1990s, that will provide it with a capability to produce weapons-grade plutonium.

Late 1996 -- Pakistan's main nuclear weapons laboratory, the A.Q. Khan Laboratory in Kahuta, purchased 5,000 ring magnets from China. The ring magnets would allow Pakistan to effectively double its capacity to enrich uranium for nuclear weapons production.

03 October 1996 -- Pakistani Prime Minister Benazir Bhutto called for the convening of a South Asia security conference that would deal with, among other things, Kashmir and the nuclear arms issue.
1997

04 July 1997 -- Pakistan confirms test-firing of new indigenous Hatf missile.

06 September 1997 -- Pakistani Prime Minister Nawaz Sharif claims Pakistan possesses nuclear weapons, saying that: "Pakistan's nuclear capability is now an established fact. Whatever we have, we have a right to keep it...."
1998

28 May 1998: Pakistan detonates five nuclear devices. Pakistan claimed that the five nuclear tests measured up to 5.0 on the Richter scale, with a reported yield of up to 40 KT (equivalent TNT).

30 May 1998 Pakistan tested one more nuclear warheads, with a yield of 12 kilotons, bringing the total number of claimed tests to six.

more...


Bush bragged about bringing A.Q. Khan to justice during the debates:

BUSH: Libya has disarmed. The A.Q. Khan network has been brought to justice.

And, as well, we're pursuing a strategy of freedom around the world, because I understand free nations will reject terror. Free nations will answer the hopes and aspirations of their people. Free nations will help us achieve the peace we all want.


When in fact Musharraf pardoned Khan:

THE DEAL

Why is Washington going easy on Pakistans nuclear black marketers?

by SEYMOUR M. HERSH
Issue of 2004-03-08
Posted 2004-03-01

On February 4th, Dr. Abdul Qadeer Khan, who is revered in Pakistan as the father of the countrys nuclear bomb, appeared on a state-run television network in Islamabad and confessed that he had been solely responsible for operating an international black market in nuclear-weapons materials. His confession was accepted by a stony-faced Pervez Musharraf, Pakistans President, who is a former Army general, and who dressed for the occasion in commando fatigues. The next day, on television again, Musharraf, who claimed to be shocked by Khans misdeeds, nonetheless pardoned him, citing his service to Pakistan (he called Khan my hero). Musharraf told the Times that he had received a specific accounting of Khans activities in Iran, North Korea, and Malaysia from the United States only last October. If they knew earlier, they should have told us, he said. Maybe a lot of things would not have happened.

more...


Rice, ready with a lie:

Rice said Bush did not misspeak when he said that the network of Pakistan's A.Q. Khan -- the founder of Pakistan's nuclear program who was caught selling secrets on the global black market -- had been "brought to justice."

Khan is living in a villa and was pardoned this year by Pakistani President Pervez Musharraf. None of Khan's co-conspirators have been brought to trial.

Asked how that could be interpreted to mean Khan has been brought to justice, Rice said, "He has been brought to justice because he's out of business."

Rice defended Bush's contention during the debate that 100,000 trained Iraqi security forces are on duty, a figure that has been disputed by some Democrats in Congress.

more...


Published on Sunday, January 11, 2004 by the Los Angeles Times

The Barreling Bushes

Four generations of the dynasty have chased profits through cozy ties with Mideast leaders, spinning webs of conflicts of interest

by Kevin Phillips

WASHINGTON - Dynasties in American politics are dangerous. We saw it with the Kennedys, we may well see it with the Clintons and we're certainly seeing it with the Bushes. Between now and the November election, it's crucial that Americans come to understand how four generations of the current president's family have embroiled the United States in the Middle East through CIA connections, arms shipments, rogue banks, inherited war policies and personal financial links.

Snip...

Eldest son George W. Bush made his first Middle East connection in the late 1970s with James Bath, a Texas businessmen who served as the North American representative for two rich Saudis (and Osama bin Laden relatives) - billionaire Salem bin Laden and banker and BCCI insider Khalid bin Mahfouz. Bath put $50,000 into Bush's 1979 Arbusto oil partnership, probably using Bin Laden-Bin Mahfouz funds.

In the late 1980s, after several failed oil ventures, the future 43rd president let the ailing oil business in which he was a major stockholder and chairman be bought out by another foreign-influenced operation, Harken Energy. The Wall Street Journal commented in 1991, "The mosaic of BCCI connections surrounding Harken Energy may prove nothing more than how ubiquitous the rogue bank's ties were. But the number of BCCI-connected people who had dealings with Harken - all since George W. Bush came on board - likewise raises the question of whether they mask an effort to cozy up to a presidential son."

Other hints of cronyism came in 1990 when inexperienced Harken got a major contract to drill in the Persian Gulf for the government of Bahrain. Time magazine reporters Jonathan Beaty and S.C. Gwynne, in their book "The Outlaw Bank," concluded "that Mahfouz, or other BCCI players, must have had a hand in steering the oil-drilling contract to the president's son." The web entangling the Bush presidencies was already being spun.

Second son Jeb Bush, now the governor of Florida, spent most of his time in the early and mid-1980s hobnobbing with ex-Cuban intelligence officers, Nicaraguan Contras and others plugged into the lucrative orbit of Miami-area front groups for the CIA. But he too had some Middle East connections. Two of his business associates, Guillermo Hernandez-Cartaya and Camilo Padreda, both indicted for financial dealings, were longtime associates of Middle Eastern arms dealer, BCCI investor and Iran-Contra figure Adnan Khashoggi. Prosecutors dropped the case against the two, and a federal judge ordered Padreda's name expunged from the record. But a few years later Padreda, a former Miami-Dade County GOP treasurer, was convicted of fraud over a federally insured housing development that Jeb Bush had helped to facilitate. Jeb Bush also socialized with Adbur Sakhia, the Miami BCCI branch chief and later its top U.S. official.

Neil Bush, most famous for the scandal surrounding the corrupt practices of Colorado's Silverado Savings & Loan, where he served as a director during the 1980s, also picked plums from Persian Gulf orchards. In 1993, after his father left the White House, Neil went to Kuwait with his parents, brother Marvin and former Secretary of State James A. Baker III. When his father left, Neil stayed to lobby for business contracts, and after returning home evolved a set of lucrative relationships with Syrian-American businessman Jamal Daniel. One of their ventures, Ignite!, an educational software company, also included representatives of at least three ruling Persian Gulf families.

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http://www.msnbc.msn.com/id/6390467">United Arab Emirates President Dies at 86

By TAREK AL-ISSAWI
Updated: 3:55 p.m. ET Nov 2, 2004

DUBAI, United Arab Emirates - The president of the United Arab Emirates, who oversaw the transformation of a cluster of tiny desert Persian Gulf sheikdoms into a leading oil and business hub with skyscrapers and sprawling shopping malls, has died. He was 86.

Sheik Zayed bin Sultan Al Nahyan, one of the richest rulers in the world according to Forbes magazine, forged close ties with the United States and the West during his rule of the country, which is the world's ninth largest oil producer.

Snip...

He became the ruler of Abu Dhabi, the largest emirate, in 1966, four years after the emirate first began exporting the oil it had just discovered off its shores. At the time, Abu Dhabi city was a collection of huts clustered around the ruler's fort.

Snip...

Following the Sept. 11 attacks on the United States, the Emirates were among several Arab countries pressured by Washington to reform their financial sectors, which had been linked to the funneling of funds to international terrorist groups like al-Qaida.

The Al Nahran family held more than three-quarters of the stock in the bank BCCI, which in the early 1990s was at the center of one of the world's biggest bank frauds. Severe losses in securities trading and phony loans and insider stock trades led to the collapse of the bank, which had offices in 69 nations. Twelve top executives from the bank were convicted and forced to pay some $9.13 billion in restitution to the Abu Dhabi government.

http://www.msnbc.msn.com/id/6390467">more...


LUNCH WITH THE CHAIRMAN

Why was Richard Perle meeting with Adnan Khashoggi?
by SEYMOUR M. HERSH
Issue of 2003-03-17
Posted 2003-03-10

At the peak of his deal-making activities, in the nineteen-seventies, the Saudi-born businessman Adnan Khashoggi brokered billions of dollars in arms and aircraft sales for the Saudi royal family, earning hundreds of millions in commissions and fees. Though never convicted of wrongdoing, he was repeatedly involved in disputes with federal prosecutors and with the Securities and Exchange Commission, and in recent years he has been in litigation in Thailand and Los Angeles, among other places, concerning allegations of stock manipulation and fraud. During the Reagan Administration, Khashoggi was one of the middlemen between Oliver North, in the White House, and the mullahs in Iran in what became known as the Iran-Contra scandal. Khashoggi subsequently claimed that he lost ten million dollars that he had put up to obtain embargoed weapons for Iran which were to be bartered (with Presidential approval) for American hostages. The scandals of those times seemed to feed off each other: a congressional investigation revealed that Khashoggi had borrowed much of the money for the weapons from the Bank of Credit and Commerce International (B.C.C.I.), whose collapse, in 1991, defrauded thousands of depositors and led to years of inquiry and litigation.

Khashoggi is still brokering. In January of this year, he arranged a private lunch, in France, to bring together Harb Saleh al-Zuhair, a Saudi industrialist whose family fortune includes extensive holdings in construction, electronics, and engineering companies throughout the Middle East, and Richard N. Perle, the chairman of the Defense Policy Board, who is one of the most outspoken and influential American advocates of war with Iraq.

The Defense Policy Board is a Defense Department advisory group composed primarily of highly respected former government officials, retired military officers, and academics. Its members, who serve without pay, include former national-security advisers, Secretaries of Defense, and heads of the C.I.A. The board meets several times a year at the Pentagon to review and assess the countrys strategic defense policies.

Perle is also a managing partner in a venture-capital company called Trireme Partners L.P., which was registered in November, 2001, in Delaware. Triremes main business, according to a two-page letter that one of its representatives sent to Khashoggi last November, is to invest in companies dealing in technology, goods, and services that are of value to homeland security and defense. The letter argued that the fear of terrorism would increase the demand for such products in Europe and in countries like Saudi Arabia and Singapore.

The letter mentioned the firms government connections prominently: Three of Triremes Management Group members currently advise the U.S. Secretary of Defense by serving on the U.S. Defense Policy Board, and one of Triremes principals, Richard Perle, is chairman of that Board. The two other policy-board members associated with Trireme are Henry Kissinger, the former Secretary of State (who is, in fact, only a member of Triremes advisory group and is not involved in its management), and Gerald Hillman, an investor and a close business associate of Perles who handles matters in Triremes New York office. The letter said that forty-five million dollars had already been raised, including twenty million dollars from Boeing; the purpose, clearly, was to attract more investors, such as Khashoggi and Zuhair.

Perle served as a foreign-policy adviser in George W. Bushs Presidential campaignhe had been an Assistant Secretary of Defense under Ronald Reaganbut he chose not to take a senior position in the Administration. In mid-2001, however, he accepted an offer from Secretary of Defense Donald Rumsfeld to chair the Defense Policy Board, a then obscure group that had been created by the Defense Department in 1985. Its members (there are around thirty of them) may be outside the government, but they have access to classified information and to senior policymakers, and give advice not only on strategic policy but also on such matters as weapons procurement. Most of the boards proceedings are confidential.

more...


http://www.sierratimes.com/06/02/25/Library.htm">United Arab Emirates Donated At Least $1M To Bush Library

POSTED: 7:37 am CST February 24, 2006

HOUSTON -- A sheik from the United Arab Emirates contributed at least $1 million to the Bush Library Foundation, which established the George Bush Presidential Library at Texas A&M University in College Station.

Snip...

A political uproar has ensued over the deal, which the White House approved without congressional oversight. Dubai Ports World offered Thursday night to delay part of the takeover to give the Bush administration more time to convince lawmakers the deal poses no security risks.

The donations were made in the early 1990s for the library, which houses the papers of former President George Bush, the current president's father.

The list of donors names Sheik Zayed Bin Sultan al Nahyan and the people of the United Arab Emirates as one donor in the $1 million or more category.

http://www.sierratimes.com/06/02/25/Library.htm">more...


From 1974, when all Pakistani banks were nationalized, until 1991, all local banks were in the state sector. In 1991, as part of the government's general program of economic liberalization and the privatization of state enterprises, two small banks--the Muslim Commercial Bank and the Allied Bank--were privatized. In 1991 the government also instructed the State Bank of Pakistan to approve proposals for new private commercial banks. In early 1994, there were twenty-four commercial banks, including ten private banks that had opened since 1991, two privatized banks, and twelve banks that remained in the state sector. One of the new private banks, Mehran Bank, was closed down in early 1994 amidst allegations of massive fraud. The number of new private banks was expected to increase in 1994. In March 1993, the total assets of all Pakistani banks amounted to Rs1,090 billion. Pakistani banks had 119 foreign branches and operated joint banking ventures in Malaysia, Oman, Saudi Arabia, and the United Arab Emirates.

Twenty-one foreign banks operated in Pakistan in 1994. They had sixty-one branches, most of which were located in Karachi. United States banks with branches in Pakistan included Citibank, Chase Manhattan Bank, American Express Bank, and Bank of America.

In the 1970s and 1980s, the Bank of Credit and Commerce International (BCCI) was an important foreign bank in Pakistan. The bank had many close links with the Pakistani political and commercial elite. It was founded in 1972 by Agha Hasan Abedi, a leading Pakistani banker. Prime Minister Nawaz Sharif's family company, Ittefaq Industries, was a major borrower. BCCI's international operations were run from London, but there were three important branches in Pakistan. Abedi resigned as president of BCCI in 1990, when the ruling Al Nuhayyan family of Abu Dhabi obtained a majority share in the company. BCCI collapsed in July 1991 when the Bank of England closed BCCI's operations amid allegations of massive losses, fraud, racketeering, and laundering of drug money. The Pakistani branches continued to operate for some time after BCCI had been closed elsewhere, and there were many allegations that Pakistani businessmen and politicians had profited from the bank's illegal activities. Abedi was later indicted in the United States for fraud and racketeering. In 1992 Pakistani operations of BCCI were amalgamated with Habib Bank.

more


http://www.boston.com/news/nation/articles/2004/11/04/in_the_wee_hours_kerry_team_held_tight_to_ohio_possibilities/
Citibank Key people
William R. Rhodes Chairman, Citibank N.A.
Chuck Prince Chairman and CEO, Citigroup
Sallie Krawchek Chief Financial Officer
Shaukat Aziz Former Executive Vice President & Head of Global Private Banking Division of Citibank, Prime Minister of Pakistan
Alwaleed bin Talal Shareholder


Alsaud, Prince Alwaleed Bin Talal , 44 , inherited and growing
Track This Person

Source: Kingdom Holding Co.
Net Worth: $20 bil -
Country: Saudi Arabia
Marital Status: married , 2 children
Menlo College, BA/BS
Syracuse University

The man: High-energy investor who searches out undervalued stocks saw some of them become even less valuable this year. The fortune: Prices plummeted on Internet picks Priceline.com and Amazon.com as well as holdings like Motorola and Compaq. Lucky for him, these are small pieces of a big pie. The biggest slice, his 3.9% of Citigroup, accounts for half his fortune and was up 12% since last year. Passions: Long walks near his weekend desert retreat; watching CNBC.


Kingdom Holding Company is a private holding company, incorporated in Saudi Arabia, and is one of the largest Saudi companies. It is owned by Prince Alwaleed Bin Talal Bin Abdulaziz, and is headquartered in the city of Riyadh.

Snip

Probably its best know international investments include (or have included):

Amazon
AOL/Time Warner
Apple Computers
Boeing
Canary Wharf
Citigroup
Coca Cola
Compaq
Disneyland Paris
eBay
Four Seasons Hotels & Resorts
Ford
George V Hotel, Paris
Gillette
McDonald's
News Corporation
PepsiCo
Procter & Gamble
Walt Disney


Prince Alwaleed, Chairman of the Kingdom Holding Company and a member of the Saudi Royal Family and one of the world's leading philanthropists, supports many educational and humanitarian initiatives. He recently donated $20 million to the Louvre in support of its collection of Islamic art and created the first Centers for American Studies and Research in the Arab World at the American University of Beirut and the American University in Cairo. He has also made donations to President George H.W. Bush Sr., Scholarship fund established by Phillips Academy, the Carter Center for Peace and Health Programs in Africa, and given substantial aid to the Tsunami victims.

Note: Articles listed under "Middle East Studies in the News" provide information on current developments concerning Middle East studies on North American campuses. These reports do not necessarily reflect the views of Campus Watch and do not necessarily correspond to Campus Watch's critique.


OCTOBER 16, 2006
NEWS & INSIGHTS

No Bush Left Behind

The President's brother Neil is making hay from school reform

Across the country, some teachers complain that President George W. Bush's makeover of public education promotes "teaching to the test." The President's younger brother Neil takes a different tack: He's selling to the test. The No Child Left Behind Act compels schools to prove students' mastery of certain facts by means of standardized exams. Pressure to perform has energized the $1.9 billion-a-year instructional software industry.

Now, after five years of development and backing by investors like Saudi Prince Alwaleed Bin Talal and onetime junk-bond king Michael R. Milken, Neil Bush aims to roll his high-tech teacher's helpers into classrooms nationwide. He calls them "curriculum on wheels," or COWs. The $3,800 purple plug-and-play computer/projectors display lively videos and cartoons: the XYZ Affair of the late 1790s as operetta, the 1828 Tariff of Abominations as horror flick. The device plays songs that are supposed to aid the memorization of the 22 rivers of Texas or other facts that might crop up in state tests of "essential knowledge."

Bush's Ignite! Inc. has sold 1,700 COWs since 2005, mainly in Texas, where Bush lives and his brother was once governor. In August, Houston's school board authorized expenditures of up to $200,000 for COWs. The company expects 2006 revenue of $5 million. Says Bush about the impact of his name: "I'm not saying it hasn't opened any doors. It may have helped with some sales." (In September, the U.S. Education Dept.'s inspector general accused the agency of improperly favoring at least five publishers, including The McGraw-Hill Companies, which owns BusinessWeek. A company spokesman says: "Our reading programs have been successful in advancing student achievement for decades; that's why educators hold them in such high regard.")

more...


Letter to the President on Saudi Arabia's Alleged Money Laundering

Author:
John F. Kerry

May 21, 2003
Foreign Affairs

Senator John Kerry, D-Mass.
May 21, 2003

Dear Mr. President:

I am writing to request that you instruct the Secretary of the Treasury to identify Saudi Arabia as a primary money laundering concern under the authority provided in Section 311 of the USA PATRIOT Act (P.L. 107-56).

I also request that U.S. financial institutions be required to provide enhanced scrutiny of financial transactions from Saudi Arabia, with particular focus on international charity organizations in Saudi Arabia. Specifically, the Department of Treasury should immediately issue regulations requiring U.S. financial institutions to impose enhanced due diligence on financial transactions involving Saudi Arabian financial institutions, charities and high net-worth individuals to determine whether any transactions pose an unacceptable risk of being related to the finance of terrorism. I believe this will help ensure that funds designated to assist al-Qaida, Hizballah, Hamas or other international terrorist groups do not originate from or pass through Saudi Arabian financial institutions on their way to the United States. It will also help persuade the Saudi Arabian government to crack down on the flow of funds from their country to international terrorist organizations.

Saudi Arabia is a growing financial center in the Gulf Region of the Middle East and should be credited for its increased vigilance in the fight against money laundering since the terrorist attacks on September 11, 2001. The Saudi Arabian government has frozen accounts of individuals and organizations in response to information provided by the United States and is currently considering a proposal to develop specific laws dealing with money laundering offenses.

I remain concerned that a number of charity organizations headquartered within in Saudi Arabia and with operations and office around the world are being used as conduits to provide funds for terrorist organizations. There has been a series of published reports alleging Saudi Arabian charities and individual Saudi Arabians have been providing funds to organizations both in the United States and elsewhere which have direct links to terrorist organizations. Last year, an independent task force sponsored by the Council of Foreign Relations released a report on terrorist financing focusing on the connection between Saudi Arabia and al-Qaida which stated ... it is worth stating clearly and unambiguously what official U.S. government spokespersons have not: For years, individuals and charities based in Saudi Arabia have been the most important source of funds for al-Qaida; and for years, Saudi officials have turned a blind eye to the problem.

As long as al-Qaida retains access to a viable financial network, it remains a lethal threat to the United States. That is why I believe the United States must take any and all necessary measures to stop Saudi Arabian charity organizations from providing any additional funds to international terrorist organizations -- such as al-Qaida, Hamas and Hizballah that could be used to attack either the United States or United States interests abroad.

While the Saudi Arabian government has introduced some controls to limit the transfer of funds to terrorist organizations, I am concerned that their efforts have not gone far enough to stop international terrorist organizations from receiving funding to carry out attacks against the United States or United States interests around the world. The tragic bombing in Riyadh this month demonstrates the lethal ability of terrorists to operate within Saudi Arabia and raises serious concerns over the Saudi governments ability to incapacitate terrorist networks.

The Department of State reports through the International Narcotics Control Strategy Report that some funds from Saudi Arabian charities have been channeled to terrorist organizations. For this reason, your Administration has classified Saudi Arabia as a country to be monitored for potential money laundering.

The United States has the largest and most accessible economic marketplace in the world. Foreign financial institutions and jurisdictions must have unfettered access to markets to effectively work within the international economic system. In 2000, I introduced legislation that became Section 311 of the USA PATRIOT Act to provide the federal government with the authority to leverage the power of United States financial markets to encourage countries like Saudi Arabia to reform and enforce their counter-money laundering and counter-terrorist financing laws. As you are aware, it provides measures that are graduated, discretionary, and targeted, focusing on international transactions involving criminal proceeds, while allowing legitimate international commerce to continue unimpeded.

If we are to lead the world in the fight against terror and increase the security of the American people, we must effectively use our own laws to cut off the flow of laundered funds from terrorist groups through the international financial system. The measured use of Section 311 authority against Saudi Arabia provides the United States an opportunity to demonstrate leadership in the fight against international terrorism and money laundering.

I believe the U.S. must press for action by other nations against those Saudi persons and institutions about which there is substantial reason to believe have supported terrorism. This can be done immediately within the framework of the Financial Action Task Force (FATF). I urge you to discuss this issue in your upcoming meetings with the European Union, the G-8, and other multilateral forums. Thank you in advance for your consideration of my request.

Sincerely,

John F. Kerry


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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 06:42 PM
Response to Original message
1. Now you know why CNN worked so hard to protect Bush before the election.
Both the House of Bush and House of Saud knew their 50 year relationship would be scrutinized and the books that have been closed for so long would be opened to the American people.
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leveymg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 06:43 PM
Response to Original message
2. That's why Bush 41 got fired. It wasn't just the economy, stupid.
Edited on Sat Oct-07-06 06:47 PM by leveymg
I've always wondered why they got rid of Bush, Sr.

This makes it clear why Bush 41 had to go. IT'S THE PAKISTANI NUKES, STUPID. Why would we ever let this treacherous bunch back into power?

Brilliant. Thank you for putting this together.
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Mnemosyne Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 07:18 PM
Response to Original message
3. Whoa, good info! Thanks. knr n/t
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Peace Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 07:23 PM
Response to Original message
4. Thanks for the reminder of why I am so intent upon...
throwing Diebold, ES&S and all election theft machines into 'Boston Harbor."
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Champion Jack Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 07:32 PM
Response to Original message
5. KICKED
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Withywindle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 07:53 PM
Response to Original message
6. Great job of dot-connecting: K &R
Whenever someone says that things that happened in the '80s and 90s are "history" and "not relevant today" my jaw just drops.
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 08:28 PM
Response to Reply #6
12. Many jaws do drop here....every day.
Just read the 20 questions left unanswered, and it is apparent that had they been a priority for ANY administration, a 9-11 event would never have happened, and NO BUSH would ever be even allowed near the White House.


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.



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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 09:38 PM
Response to Reply #12
17. WHEW!! jaw-dropping indeed, blm nt
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karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 10:30 PM
Response to Reply #12
21. Wow! BCCI was connected to everything
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.


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.

Looking at this, Kerry really was going against major powerful people - This really is pure evil.


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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 10:36 PM
Response to Reply #21
22. Wham! Your last sentences say it all nt
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Duppers Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 02:24 PM
Response to Reply #21
30. excellent reporting....but on Marc Rich
why did big dog do this?

>>
Marc Rich
From Wikipedia, the free encyclopedia

Marc Rich (born Marc David Reich on December 18, 1934) is a Swiss-based Spanish national billionaire international commodities trader who fled the United States in 1983 to live in Switzerland in order to avoid prosecution on charges of tax evasion and illegally making oil deals with Iran during the hostage crisis.

He received a controversial presidential pardon from United States President Bill Clinton in 2001, which required him to pay a $100 million fine before the charges would be dropped.

Most recently, Marc Rich was linked to former United States Vice Presidential Chief of Staff Lewis "Scooter" Libby. Libby served as Rich's lawyer as far back as 1985 and charged him US$2 million for legal fees.


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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 02:58 PM
Response to Reply #30
31. That's the mystery. Clinton never even mentions one word about BCCI in his
book, either. Which is pretty odd since most of the characters involved in current terror issues and just about everything happening these days is rooted in it.
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AntiFascist Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 03:48 PM
Response to Reply #31
32. Could it have something to do with...
Arkansas being (described as) the center for domestic money laundering by Terry Reed and John Cummings?
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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-09-06 09:21 AM
Response to Reply #21
40. The names change and the networks expand but the black budget
distribution taints everything it comes in contact with, as you stated, it is evil.

Here's more background on this from our DU archives, Stephanie's thread from February 2006
"UAE and BCCI"
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x490176
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-10-06 07:26 AM
Response to Reply #40
43. Thanks for the link! n/t
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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-10-06 02:59 PM
Response to Reply #43
44. Thank you for the thread! Pass it around.
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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-12-06 05:49 PM
Response to Reply #40
46. kick




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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-14-06 10:37 AM
Response to Reply #12
49. At one time L. Paul Bremer was Henry Kissinger's chief of staff
keep making the network connections. Share this with others, since politics is local.

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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 07:54 PM
Response to Original message
7. k&r
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DrTorchwood Donating Member (9 posts) Send PM | Profile | Ignore Sat Oct-07-06 07:58 PM
Response to Original message
8. Thanks
Thanks
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leveymg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 08:02 PM
Response to Original message
9. K&R - sometimes the richest threads have a small audience
There are so many directions this could go in, just point the way.
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 08:20 PM
Response to Original message
10. Great Job! Thanks. nt
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Nictuku Donating Member (907 posts) Send PM | Profile | Ignore Sat Oct-07-06 08:23 PM
Response to Reply #10
11. K&R
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 09:13 PM
Response to Reply #10
14. I second that. Thanks for all this work PS. nt
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 12:51 PM
Response to Reply #14
26. ProSense always puts togeter great posts filled with facts.
.
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 09:10 PM
Response to Original message
13. One more critical piece: Baker Botts, UAE and Florida 2000


(December 07, 2003 -- 07:10 PM EDT)



James Baker, now with his own US government plane and Iraq portfolio, will apparently be making one of his early stops in New Delhi, with an offer The Telegraph of Calcutta says the Indians may not be able to refuse.

Meanwhile, Mark Matthews's piece in Saturday's Baltimore Sun is the first, I think, to place Baker's appointment in proper perspective.

And then there's the matter of Robert Jordan, Texas oil lawyer and America's Ambassador to Saudi Arabia since September 2001.

Jordan and Baker are both partners in the Houston uber-law firm Baker Botts (co-founded by Baker's greatgrandfather, James Addison Baker, in 1873). And both were down in Florida in late 2000 organizing the recount effort. And Jordan represented President Bush in the Harken matter.

Here's the introduction on Baker Botts's Middle East Region page ...


As Saudi Arabia and neighboring countries in the Middle East continue to encourage private sector investment, opportunities for U.S., European and regional companies are growing. Baker Botts is able to assist clients with these opportunities through our depth of experience in the region and broad-based expertise in energy, technology, telecommunications, project development and finance. This position is further strengthened by our recent acquisition of an existing law office in Riyadh, Saudi Arabia, which operates in association with the law office of Mohanned S. Al Rasheed, and a strategic alliance with Afridi & Angell, a law firm with offices in U.A.E. at Abu Dhabi, Dubai and Sharjah, as well as in Islamabad, Pakistan.



more (TPM)
http://www.talkingpointsmemo.com/archives/002287.php

http://www.bakerbotts.com/practice/practicegroup.asp?groupid=58



It's a Baker Botts World
(the nation)

"James A. Baker III has never doubted that the Bushes deserve to live in the White House. Their ties go back to the 1950s, when George H.W. Bush met Baker on the tennis courts at the Houston Country Club. At about the same time, Baker Botts began handling the legal work for Bush's company, Zapata Petroleum. It was a reasonable choice: Baker Botts is the second-oldest law firm west of the Mississippi. And since its founding, it has consistently represented the looters, polluters and plutocrats. (...)"

http://www.thenation.com/doc/20041011/bryce

Cronies
(motherjones)

"Then you look at the Florida recount in 2000, who comes to the rescue when George W. Bush needs help? Its James Baker and Baker Botts. ..."

http://www.motherjones.com/news/qa/2004/07/07_401.Cronies.html

Baker Takes The Loaf

(...)
All year the elves at his law firm, Baker Botts of Texas, have been working day and night to prevent the families of the victims of the September 11 attack from seeking information from Saudi Arabia on the Kingdoms funding of Al Qaeda fronts.

Its tough work, but this week came the payoff when President Bush appointed Baker, the firms senior partner, to restructure the debts of the nation of Iraq.

http://www.gregpalast.com/baker-takes-the-loafrnpresidents-business-partner-slices-up-iraq

Baker Key to Portgate
February 24, 2006
By Anacher Forester

"Former Reagan Chief-of-Staff, ex-Treasury Secretary, ex-Secretary of State, ex-NSC Council Member, ex-GWB chief legal advisor, etc, and recent US Special Envoy for Iraq debt is the invisible man in the middle of this mess.

James A. Baker is Senior Partner of Baker Botts, a legal firm very active in Middle East affairs perhaps never more visibly than as legal representation for the Saudi Royal family in the lawsuits brought by the families of 9/11 victims. Baker Botts happens to include Halliburton among its many clients and is active in Egypt, Kuwait and Dubai, too.

According to Baker Botts, on April 15, 2005: "the firm expanded its presence in the region by opening a Middle East regional office in Dubai to complement our existing office in Riyadh, Saudi Arabia." Why? "Baker Botts' Dubai office provides service to clients in a number of sectors in the energy industry, including oil and gas exploration and development, oil field services, electric power, LNG, petrochemicals, pipelines, and gas-to-liquids." I bet they do. Clearly Baker Botts has a vested interest in the Bush Administration's push toward a "free" trade agreement with the UAE. I'll return to the Dubai office later (...)

more: http://mparent7777.livejournal.com/6613144.html

Bush threatens veto -- his first -- over port deal.

http://www.salon.com/politics/war_room/2006/02/21/ports/index.html




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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 09:16 PM
Response to Reply #13
15. Excellent! Thanks! n/t
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 09:25 PM
Response to Reply #13
16. About the U.A.E . The Wisconsin Project (mindblowing..)
Edited on Sat Oct-07-06 09:27 PM by chill_wind


United Arab Emirates Transshipment Milestones - 1971-2005

The Risk Report
Volume 11 Number 4 (July-August 2005)

just a sampling:

(...)

September 2001: The U.A.E.'s Advance Technical Systems purchases $16,000 of military radar components from the U.S. and transships them to Pakistan after declaring that they were for the Bangladeshi Air Force. Following guilty pleas delivered in June 2003 for the illegal export of parts for howitzers, radars and armored personnel carriers, two U.S. citizens and one Pakistani are imprisoned.

October 2001: A U.A.E.-based firm acts as an intermediary to facilitate the trade in ballistic missile-related goods from China to Iraq, according to the I.S.G.

May 2002: The German government warns its exporters that since 1998 Iraq has been increasingly engaging in procurement activities through Dubai. Germany believes that North Korea has also increased its operations in Dubai.

August 2002: The U.S. firm Mercator, Inc. agrees a $30,000 settlement with the U.S. Department of Commerce, which had alleged that Mercator had exported chemicals to Dubai with the knowledge that they would be re-exported to Iran without prior authorization.

(...)

more at
http://www.wisconsinproject.org/countries/dubai/transshipment-milestones.html
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 02:16 PM
Response to Reply #16
29. I wish more people would GET that BCCI is the Holy Grail of global fascism
and how they operate within official governments.
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 09:48 PM
Response to Reply #13
19. And then we have this on BCCI + UAE
Props to Duer Stephanie way back,
drawing on Center for Cooperative Research

Posted by Stephanie in General Discussion
Wed Feb 22nd 2006, 03:38 PM




July 5, 1991: Outlaw BCCI Bank Is Shut Down Complete 911 Timeline

The Bank of England shuts down Bank of Credit and Commerce International (BCCI), the largest Islamic bank in the world. Based in Pakistan, this bank financed numerous militant organizations and laundered money generated by illicit drug trafficking and other illegal activities, including arms trafficking. Bin Laden and many other militants had accounts there. <Detroit News, 9/30/01> One money-laundering expert claims, BCCI did dirty work for every major terrorist service in the world. <Los Angeles Times, 1/20/02> American and British governments were aware of its activities yet allowed the bank to operate for years. The Pakistani ISI had major connections to the bank. However, as later State Department reports indicate, Pakistan remains a major drug trafficking and money-laundering center despite the bank's closing. <Detroit News, 9/30/01> The CIA used BCCI to funnel millions of dollars to the fighters battling the Soviet occupation of Afghanistan according to the Washington Post. A French intelligence report in 2001 suggests the BCCI network has been largely rebuilt by bin Laden (see October 2001). <Washington Post, 2/17/02> The ruling family of Abu Dhabi, the dominant emirate in the United Arab Emirates, owned 77 percent of the bank. <Los Angeles Times, 1/20/02>

http://www.cooperativeresearch.org/searchResults.jsp?searchtext=%22abu+dhabi%22&events=on&entities=on&articles=on&topics=on&timelines=on&projects=on&titles=on&descriptions=on&dosearch=on&search=+Go+




http://journals.democraticunderground.com/Stephanie/15

She has more.


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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 08:55 AM
Response to Reply #13
24. Also remember Kerry in 2004 made a big deal about Port Security calling
for 100% inspection on incoming cargo.

UAE and its US crinies must have already expected their port deal to go down at that time, and Kerry was AGAIN getting in their way. Keeping Bush in office had to be a majpr ptiority for the global fascists.
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 07:14 PM
Response to Reply #24
34. THE definitive document on the Criminality of BCCI.
Edited on Sun Oct-08-06 07:59 PM by chill_wind
I have a keen sense that you and ProSense and some others in this thread know it in its entirety and well. Me- I've never read it all, but I just finished section 4--- !!! This whole thread is hitting me like one giant 2 X 4 right between the eyes.


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


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

I am in awe anew at DU and you guys every day. I don't know how else to say that.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 07:49 PM
Response to Reply #34
35. It still hits me like that
chill_wind. This is captivating stuff!
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-09-06 12:58 AM
Response to Reply #34
39. That's the reality of it, chill - once you read about BCCI in any depth,
there is no going back to the world where everything is dealt with on the political surface level - it really is a blueprint for global fascism and perpetual war.

It's shameful that so many are still ignorant of what BCCI is about, and consider it just just an old boring scandal that has no relevance.

But, with a media pushing only sexually driven political stories and WH lies, what should we expect? The country has been dumbed down to the point where BCCI reading is a TASK that most prefer to ignore.
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glitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 09:42 PM
Response to Original message
18. K & R beautiful recap. Some information just bears repeating again and
Edited on Sat Oct-07-06 09:43 PM by glitch
again. Maybe this most excellent thread this will open a few more eyes.

Edit to add the ever popular http://www.consortiumnews.com/ for more info.
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savemefromdumbya Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 09:50 PM
Response to Original message
20. put on DU main page just to add lighter fuel to the fire?
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WildEyedLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-07-06 10:44 PM
Response to Original message
23. K&R
:kick:
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RadiDem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 10:07 AM
Response to Original message
25. Great job on the research! K&R
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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 01:48 PM
Response to Original message
27. kick
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 02:11 PM
Response to Original message
28. K & R You wacky conspiracy theorist, you.
:sarcasm::kick:
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Digit Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 06:30 PM
Response to Original message
33. K & R
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jazzjunkysue Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 08:21 PM
Response to Original message
36. All explains why the Chimperor catapults the same useless propaganda
ad nausium. Nothing he's ever done has been about america or americans. So, he's always been fed a steady stream of bs to placate the moronic ultra right: be it the xtian fundies or multinational corporations.

Nothing this Yale reject has ever done was about his appointed job. It's always been a front for his real goals: Keeping his money coming in and the evidence covered up.

People began to think this on their bungling of Shaivo and really got it on Katrina. They were ready for the social security scam and were no longer surprised by the medicare/prescription drug pretense. If that didn't get them, the long-time republicans had to scratch their heads on the Dubai ports deal, and then finally the gas prices got them.

The last ones standing were knocked off the delusional disney parade by Foley.

So, now, I think the country is ready to know about The Project for a New American Century, and BCCI. And after that, they'll have to start facing up to the rigged elections.

IT IS TIME.
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-09-06 12:36 AM
Response to Reply #36
38. That's how I feel - people are ready to be citizens and to hear the truth
about what has been going on in their names all these many years and at what cost, including the cost of blowback, such as 9-11.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 09:28 PM
Response to Original message
37. Neoconservatives and their blueprint for U.S. Power
To the left are some of neoconservatism's most influential leaders. Click on a person to learn about his background.

Elliott Abrams

In February of 2005 Elliott Abrams was appointed deputy assistant to the president and deputy national security adviser for global democracy strategy. From December 2002 to February 2005, Mr. Abrams served as special assistant to the president and senior director for Near East and North African affairs.

Abrams began his political career by taking a job with the Democratic Senator Henry M. "Scoop" Jackson. He held a variety of State Department posts in the Reagan administration.

He was a senior fellow at the Hudson Institute from 1990 to the 1996 before becoming president of the Ethics and Public Policy Center, which "affirms the political relevance of the great Western ethical imperatives." Abrams also served as chairman of the US Commission on International Religious Freedom.

In 1991, Abrams pleaded guilty to withholding information from Congress about the Iran-Contra affair. President George H. W. Bush pardoned him in 1992. In 1980, he married Rachel Decter, daughter of neocon veterans Norman Podhoretz and Midge Decter.


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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-09-06 06:08 PM
Response to Original message
41. kick
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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-10-06 06:58 AM
Response to Original message
42. kick
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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 11:13 AM
Response to Original message
45. kick
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Megahurtz Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-12-06 06:08 PM
Response to Original message
47. Corrupt Slimes.
No wonder all they care about is the Wealthy.

Sick, sick, sick.:puke:
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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-13-06 02:57 PM
Response to Original message
48. kick
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donsu Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-14-06 11:03 AM
Response to Original message
50. true - kicking
nt
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