Sheldon Adelson, owner of Sands Corp, lost 95% of his wealth last year, about $30 billion, much of it lost in Macau, according to Forbes. That loss is right up there with Madoff's scheme.
Vegas has been the center of high-risk finance, and when Wall Street melted-down, Vegas burned to the ground. Or, was the "market contagion" the other way around?
There is a major connection between the two biggest American money centers that is not often acknowledged and little studied. GOOGLE "Mafia Wall Street" and "Vegas Wall Street". There's not much recent serious work on the subject.
Adelson was also a primary bankroller for Freedom's Watch, a right-wing propaganda organization. Freedom's Watch funders include: "Anthony Gioia, a Buffalo businessman who was Bush's ambassador to Malta; Kevin Moley, who was Bush's ambassador to the U.S. Mission to the United Nations in Geneva; Howard Leach, a former Republican National Committee finance chairman who was Bush's ambassador to France; Dr. John Templeton of Pennsylvania, chairman and president of the John Templeton Foundation; Ed Snider, chairman of Comcast Spectacor, the huge Philadelphia sports and entertainment firm; Sheldon Adelson, chairman of the Las Vegas Sands Corp. and ranked by Forbes magazine as the third-wealthiest American; and Richard Fox, who is chairman of the Jewish Policy Center and was Pennsylvania State Chairman of the Reagan/Bush campaign in 1980." Source: Rightwatch
Adelson is, of course, a "beard" for a circle of corrupt, Right-wing Wall St. operators with ties to the intelligence community, a circle that includes Carl Lindner, Charles Keating and Junk Bond King Mike Milken, also long-time McCain backers. When his bankers went belly-up, McCain's chances were finished.
leveymg's Journal - THE CRIMES AND COVERUPS OF JOHN McCAIN, “REFORMER” Jun 3, 2008 ... Like the Bush Family, McCain had his Hand in the BCCI and S&L Scandals McCain claims that his involvement in the Keating S&L scandal wasn’t ...
http://journals.democraticunderground.com/... - 48k
McCain Backer's Firm Pleaded Guilty To Funding Terrorist Group In Colombia ...Jul 2, 2008 ... Late last week, Lindner co-hosted a $25000-per-person fundraiser for McCain and the Republican Party in the wealthy Indian Hills ...
http://www.huffingtonpost.com/2008/07/02/m... - 146k -
The public should get a view into the background of Lindner, Keating and McCain, which essentially boils down to big Mafia money that has flowed into the GOP and various extreme Rightist groups around the world since Meyer Lansky made a deal with the Republicans in the mid-1940s.In exchange for their legalized gambling and liquor concessions, Top Bosses Lansky and Giancana straightened up the mob's image in the southwest, in exchange the GOP (along with elements of the CIA) got a piece of the action. See,
http://www.mail-archive.com/ctrl@listserv....