Kerry primary success adds to scrutiny of BCCI trial in England

[blm]

This is why I've been pounding on this story, folks. Every covert activity of the BFEE has its roots in BCCI.


http://politics.guardian.co.uk/economics/story/0,11268,1148264,00.html

Old Lady won't be keen on President Kerry

Conal Walsh on how the Democrat was a big critic over BCCI

Sunday February 15, 2004
The Observer

If John Kerry, the Democrat from Massachussetts, gets to the White House this November, they won't be cheering his victory in Threadneedle Street.
He may be riding high in the US presidential race today, but Kerry first came to Britain's attention as the senator who accused the Bank of England of turning a blind eye to fraud at BCCI.

Kerry led the Senate's investigation into BCCI's multibillion-dollar crash, and here's what he had to say: 'The Bank of England delayed unconscionably in closing BCCI, and millions of investors were hurt... It was negligent and costly... I'm saying very directly that the Bank of England had sufficient information in front of it to close BCCI 15 months earlier than it did.'

That was back in 1992, and it's not something the Bank needs to be reminded of. But Kerry is probably one of the few people in the world who know the vast and complex BCCI affair inside out. He is one of the Old Lady's sharpest critics and, come New Year, he could also be the world's most powerful man.

>>>>>>>
At the time, the Bank tried to dismiss Kerry's conclusions as 'extraordinary' and having 'no factual basis'. But later it was also pilloried by the official British report into the BCCI disaster, and these days not even the Bank denies that it was at fault. After all, it was financial regulator when the London-based finance house collapsed in 1991 with £7 billion of undeclared debts - the biggest banking fraud in history.
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[flpoljunkie]

1. Thanks for posting, blm. Below evidence for JK being way ahead of curve!

http://politics.guardian.co.uk/economics/story/0,11268,1148264,00.html


"On the other hand, one of the (unheeded) recommendations he made in his report - that US authorities actively pursue evidence that BCCI was being used to fund an incipient Pakistani nuclear programme - now seems prescient, given recent revelations about Pakistan's role in nuclear proliferation."

Wow! Impressive, Senator Kerry!

[blm]

2. Maybe you could

repost this where it can get more eyeballs?

[Old and In the Way]

3. Lovely......I'm sure this administration and the corporate media

will want the American public to understand that the same people who gave Saddam Hussein his funding and chemical WMD stocks also seeded the Pakistani WMD program as well.

When will America wake up and understand that the people who are making reactive policy today against the fruits of terror, are the same ones who planted the seeds 25 years ago?

This really needs its own thread.....nice snip.