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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIf The Banks Didn't Launder The Stolen Loot And Drug Money
We wouldn't have so many people fleeing crushing poverty, and risking their lives to get here.
Then there's the Economic Hit Man thing.
Corporate / banking profits always matter more than human lives.
Or any other kind of life for that matter.
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If The Banks Didn't Launder The Stolen Loot And Drug Money (Original Post)
DanieRains
May 2022
OP
DanieRains
(4,619 posts)1. Baby Doc Needed Banks
To flee and use the stolen loot.
https://www.theguardian.com/world/2011/jan/18/haiti-baby-doc-duvalier-court
Kid Berwyn
(14,863 posts)2. Take BCCI, a buy partisan Bank of Crooks & Commerce International
BCCI: The Bank of the CIA
Jack Colhoun
Covert Action Quaterly
Spring 1993
Jack Colhoun was Washington correspondent for the (New York) Guardian news weekly from 1980 to 1992. He has a Ph.D. in history and specializes in post-World War II U.S. foreign policy. His soon-to-be-published book The George Bush File (Los Angeles: ACCESS, 1993) includes reprints of several of his articles cited below.
The Bank of Credit and Commerce International (BCCI) scandal opens a window with a spectacular view of a subject usually shrouded in secrecy: How the CIA uses banks to finance clandestine operations.
The view is spectacular because BCCI, which earned the moniker the Bank of Crooks and Criminals International, worked closely with former Director of Central Intelligence William Casey and the Reagan administrations off-the-shelf arms Enterprise. BCCI financed some of the Enterprises arms-for-hostages deals with Iran. Arms merchants linked to the October Surprise banked with BCCI. The CIA funneled funds through the bank to underwrite the Agencys secret wars in Afghanistan and Nicaragua.
But BCCIs ties to the shadowy world of intelligence go deeper. Clark Clifford and Richard Helms--retired, but still connected senior members of the U.S. intelligence community--helped pave the way for BCCIs secret acquisition of the Washington, D.C.-based banking network, Financial General Bankshares. Sheikh Kamal Adham, the founder of Saudi Arabias intelligence service, also played a key role on behalf of BCCI in the takeover of Financial General, which was renamed First American Bankshares.
Casey met every few months with Agha Hassan Abedi, the Pakistani founder of BCCI, in Washington, D.C. and Islamabad, Pakistan, over a three-year period in the 1980s. Casey and Abedi talked about Iran-Contra arms deals, the Agency-funded war in Afghanistan, and the ever volatile situation in the Persian Gulf. Abedi even made arrangements for Caseys travels in Pakistan.1
1. For the Casey-Abedi meetings, see Peter Truell and Larry, False Profits: The Inside Story of BCCI, The Worlds Most Corrupt Financial Empire (Boston: Houghton Mifflin, 1992), p. 133; and NBC News, Sunday Today, February 23, 1992.
CONTINUED...
http://web.archive.org/web/20001117161900/http://www.alternatives.com/library/pol/polintel/cova0008.txt
Jack Colhoun
Covert Action Quaterly
Spring 1993
Jack Colhoun was Washington correspondent for the (New York) Guardian news weekly from 1980 to 1992. He has a Ph.D. in history and specializes in post-World War II U.S. foreign policy. His soon-to-be-published book The George Bush File (Los Angeles: ACCESS, 1993) includes reprints of several of his articles cited below.
The Bank of Credit and Commerce International (BCCI) scandal opens a window with a spectacular view of a subject usually shrouded in secrecy: How the CIA uses banks to finance clandestine operations.
The view is spectacular because BCCI, which earned the moniker the Bank of Crooks and Criminals International, worked closely with former Director of Central Intelligence William Casey and the Reagan administrations off-the-shelf arms Enterprise. BCCI financed some of the Enterprises arms-for-hostages deals with Iran. Arms merchants linked to the October Surprise banked with BCCI. The CIA funneled funds through the bank to underwrite the Agencys secret wars in Afghanistan and Nicaragua.
But BCCIs ties to the shadowy world of intelligence go deeper. Clark Clifford and Richard Helms--retired, but still connected senior members of the U.S. intelligence community--helped pave the way for BCCIs secret acquisition of the Washington, D.C.-based banking network, Financial General Bankshares. Sheikh Kamal Adham, the founder of Saudi Arabias intelligence service, also played a key role on behalf of BCCI in the takeover of Financial General, which was renamed First American Bankshares.
Casey met every few months with Agha Hassan Abedi, the Pakistani founder of BCCI, in Washington, D.C. and Islamabad, Pakistan, over a three-year period in the 1980s. Casey and Abedi talked about Iran-Contra arms deals, the Agency-funded war in Afghanistan, and the ever volatile situation in the Persian Gulf. Abedi even made arrangements for Caseys travels in Pakistan.1
1. For the Casey-Abedi meetings, see Peter Truell and Larry, False Profits: The Inside Story of BCCI, The Worlds Most Corrupt Financial Empire (Boston: Houghton Mifflin, 1992), p. 133; and NBC News, Sunday Today, February 23, 1992.
CONTINUED...
http://web.archive.org/web/20001117161900/http://www.alternatives.com/library/pol/polintel/cova0008.txt