I know this is all old news to at least a few DUer's, but when a new article about it comes up on my news alerts, I figure I may as well throw it out here for you all to chew on.
http://ipsnews.net/news.asp?idnews=37212NEW YORK, Apr 4 (IPS) - Now that the U.S. Congress is investigating the truth of President George W. Bush's statements about the Iraq war, they might look into one of his most startling assertions: that there was a link between Saddam Hussein and Osama bin Laden.
Critics dismissed that as an invention. They were wrong. There was a link, but not the one Bush was selling. The link between Hussein and Bin Laden was their banker, BCCI. But the link went beyond the dictator and the jihadist -- it passed through Saudi Arabia and stretched all the way to George W. Bush and his father.
BCCI was the Bank of Credit and Commerce International, a dirty offshore bank that then-president Ronald Reagan's Central Intelligence Agency used to run guns to Hussein, finance Osama bin Laden, move money in the illegal Iran-Contra operation and carry out other "agency" black ops. The Bushes also benefited privately; one of the bank's largest Saudi investors helped bail out George W. Bush's troubled oil investments.
(snip)
The money BCCI stole before it was shut down in 1991 -- somewhere between 9.5 billion and 15 billion dollars -- made its 20-year heist the biggest bank fraud in history. Most of it was never recovered. International banks' complicity in the offshore secrecy system effectively covered up the money trail.
(snip)
When the BCCI scandal began to break in the late 1980s, the Sr. Bush administration did what it could to sit on it. The Justice Department went after the culprits -- was virtually forced to -- only after New York District Attorney Robert Morgenthau did. But evidence about BCCI's broader links exist in numerous U.S. and international investigations. Now could be a good time to take another look at the BCCI-Osama-Saddam-Saudi-Bush connection.
It's a long article, worth reading for any cogniscenti who need a BCCI fix, or those who don't know yet how it all ties together.
The author, Lucy Komisar, has written extensively about BCCI in the past - particularly giving
credit where credit is due for the shutting down of BCCI in the 90's.
Oh and I almost forgot this tidbit that I didn't know:
Then, in 1988, George Bush Sr. was elected president. Harken benefited by getting some new investors, including Salem bin Laden, Osama bin Laden's half-brother, and Khalid bin Mahfouz. Osama bin Laden himself was busy elsewhere at the time -- organising al Qaeda.
And bushbots want to make fun of Obama's name? Sheesh.
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