How the Bin Laden family made a $killing$ from 9/11.

[BornagainDUer]

The BIN LADEN Family: The REAL 9-11 clean up



As you probably know, former President George Bush and former British Prime Minister John Major both sit on the board of Carlyle Group.
The Nation, on March 27, 2000 - in a story co-authored by David Corn and Paul Lashmar - wrote, "In January former President George Bush and former British Prime Minister John Major paid a social call on Saudi Arabian Crown Prince Abdullah..." This story confirms at least one meeting between the elder Bush and Saudi leaders, including the bin Ladens. That the bin Ladens attended this meeting was confirmed in a subsequent September 27, 2001 Wall Street Journal (WSJ) story. The January 2000 meeting with the bin Ladens was also later confirmed by Bush (the elder's) Chief of Staff Jean Becker, only after the WSJ presented her with a thank you note sent by Bush to the bin Ladens after that meeting.
James Baker visited the bin Ladens in 1998 and 1999 with Carlyle Group CEO Frank Carlucci.
The WSJ story went on to note, "A Carlyle executive said that the bin Laden family committed $2 million through a London investment arm in 1995 in Carlyle Partners II Fund, which raised $1.3 billion overall. The fund has purchased several aerospace companies among 29 deals. So far, the bin Laden family has received $1.3 million back in completed investments and should ultimately realize a 40% annualized rate of return, the Carlyle executive said.
"But a foreign financier with ties to the bin Laden family says the family's overall investment with Carlyle is considerably larger..."


In other words... Osama bin Laden's attacks on the WTC and Pentagon, with the resulting massive increase in the U.S. defense budget has made the bin Laden family a great big freeking pile of money.

[mikelgb]

1. and the bushs and the cheneys

[seemslikeadream]

2. and I'm sure James Bath is on the scene watching over all that money

[BornagainDUer]

4. Sure would like to know where Bath and brother Marvin were on 9/11.

I've been wanting to know the answer to that one for years.

[AntiFascist]

15. I heard Poppy Bush was partying with the Saudis afterwards n/t

[CJCRANE]

3. Oil profits have gone up too - everyone's a winner n/t

[BornagainDUer]

5. You should check out Halliburton stock, a killing there too.

[wildbilln864]

6. K& definitely recommended! eom!

[The Backlash Cometh]

7. So the Saudi's would have had a motive.

[BornagainDUer]

8. Yep. The Bin Laden link to Carlyle group is the jaw-dropper

for me. That combined with OBL seen on board an offshore oil rig (presumably a Zapata rig)shows even more enmeshment.

[The Backlash Cometh]

9. Also explains why Baker is their lawyer in matters that pertained to 9/11.

[BornagainDUer]

11. Ubi pecunia....ubi patria ...

Where my money is....where my country is.

The Romans knew way back then the problems of international financial entanglements.

[The Backlash Cometh]

24. You bet. And it pains me to think that the Congress is providing them with

a getaway car. Because, all the evidence we need may be buried due to their reluctance to play hardball with the White House.

[BornagainDUer]

27. I don't know what the dems are doing. Sometimes I don't think they

have a clue about any of this. I've met alot of local and state level politicos who are so out to lunch it is mind boggling. :crazy:

[CJCRANE]

14. That's where the OCTer and CTers go wrong.

Official Theory pushers say "Bin Laden did it".
Conspiracy Theorists say "Inside Job".

But the reality is that it was in fact somewhere between those two, along the lines of a "joint venture".

[AntiFascist]

16. More like Shadow Government n/t

[CJCRANE]

19. Yes

and they can't lose because they manipulate both sides in the phony "war on terror" to keep the whole boondoggle going.

[BornagainDUer]

17. If you believe that Al Qaeda/OBL are CIA assets then both of them

could be right. But I think that OBL is just an Arab version of Emmanuel Goldstein.

[AntiFascist]

20. Again, its the Shadow Government....

Poppy Bush split off portions of the CIA and privatized them, along with efforts to build up Saudi military and intelligence.

[CJCRANE]

21. I think that's why the Dems are so tame.

They must have an inkling of what the BFEE is capable of (aided and abetted by the bought and paid for corporate media to cover up their crimes).

[BornagainDUer]

25. I agree there. Either that or they don't have a clue and get

blindsided by offers they can't refuse.

[BornagainDUer]

22. Interesting. There was/is a war going on in the Intelligence Community

between these factions. Poppy's crowd was known as "The Cowboys" back in the 70's and they declined in power during the Carter years only to come back full tilt afterwards. Operation Desert Claw--the sabotage of Carter's attempt to rescue the Iranian hostages in 1979-80--indicates that Poppy was back in the saddle in full fascist mode.

[Triana]

10. Who's Surprised? (n/t)

[mopinko]

12. and who put the puts?

who had options of american airlines, boeing, and canter fitzgerald. (iirc)
it rang the bells at the options exchange. probably went through a bank or broker, and that is what would be in the exchange records. but if they had wanted to, they would have made that firm cough it up.

[BornagainDUer]

26. WR Grace--the Halliburton subsidiary that manufactures asbestos

products that were in the WTC buildings-- also had alot of put options purchased on its stock just before 9/11. Three of their executives died in a small plane crash in early 2004 in N. Carolina.

[BornagainDUer]

32. kick

[AntiFascist]

28. WOW, this is interesting!...

It has generally been stated by conspiracy theorists that Buzzy Krongard, former CIA director, was somehow responsible for the Put transactions by virtue of his previous relationship with investment bank Alexander Brown & Sons. Check this out:

http://mathaba.net/news/?x=557142

The BAE Axis into Riggs, Carlyle and Bush
Posted: 2007/07/05
From: Mathaba

...

Beese, who committed suicide earlier this year, began his career with ALEXANDER BROWN in 1978, directly after graduating from Rollins College in Florida, where he had befriended Dubya's brother Marvin. Beese evidently became the protege of Alexander Brown's chief executive A.B. "BUZZY" KRONGARD, and by 1987, at the age of 30, Beese had become a principal of the Brown firm.

...Beese went back to Alexander Brown.

In 1998, after having previously carrying out a bond sale for them through Alexander Brown, Beese joined Riggs Bank directly. Beese convinced his old friend Joe Allbritton to set up a $100-million venture capital division called Riggs Capital Partners, which Beese then chaired. While not much is known about this division's activities, this is just after Riggs had absorbed J. Bush & Co., the private banking business of Dubya's uncle (George H.W. Bush's brother) Jonathan Bush. Jonathan Bush had founded his business in 1970, with the explicit intent of "provid discreet banking services for the Washington D.C. embassies."

Investigators would later report that it was in 1998 that overseers first began to note irregularities in Riggs' activities.

In 2001, Beese became a director of Riggs, with specific responsibility for compliance issues--in other words, keeping the bank clear of regulatory oversight.

Much more info at this link!!!

[AntiFascist]

13. Excellent post, K&R! This should be rated up n/t

[OnceUponTimeOnTheNet]

18. The title you gave your post had me thinking of Skilling of Enron fame.

But, you do have a point. Follow the money.

[BornagainDUer]

30. LOL. It does look like it doesn't it.

:hi:

[tanyev]

23. Looks like 9/11 is working very well for them.

[starroute]

29. Check out a dude named Basil al-Rahim

I've never figures this guy out, but he fascinates me. He ties together the Carlyle Group, the bin Ladens, the Bushes, the al Yamamah arms deal, a whole slew of Neocons, and some very dubious British right-wingers.


http://www.thirdworldtraveler.com/Bush_Gang/Iron_Triangle.html

Carlyle had a relationship with the bin Ladens that began in the early 1990s, when they tried to put together a deal for the Italian Petroleum (IP) company. At the time, Basil Al Rahim, a young Carlyle associate, was travelling from Saudi Arabia to Amman to Bahrain, to United Arab Emirates, drumming up support for Carlyle's forthcoming international funds. One of the clients that Al Rahim helped secure was the bin Laden family, which owned a $5 billion construction business by the name of Saudi Binladin Group.


http://www.geocities.com/spyjaguar/171196.html

November 17, 1996

Middle East funds face rough going

By Daniel Pearl, The Wall Street Journal

Basil Al-Rahim, a London investment banker, is launching the Saudi-backed Safron Fund with the hopes of controlling private companies that will be in a position to go public and to buy out competitors.

"There is a tremendous amount of fragmented industries," says Mr. Al-Rahim. "In Lebanon, there are 70 banks." Buying private companies is tricky in Arab countries. Investment bankers have found it difficult to persuade family businesses to offer shares to the public.


http://www.indymedia.org.uk/en/regions/world/2005/08/321214.html

Seven decades after its creation, the family group SBG (Saudi Binladin Group) is today directed by Bakr M. Bin Laden, born in 1947. . . . Developed in Djeddah, it is present on all five continents.

The group is comprised of multiple divisions and affiliates. . . .

Safron Advisors UK Ltd. (aka Tyrolese 359 Limited) created on May 17, 1996 in London, directed by Akberali Mohammed Ali Moawalla and Basil Mehdi Al Rahim (born on June 14, 1953, American).


http://www.terrapinn.com/2004/ifw_UK/speaker.asp?&T1=9/8/2004&T1=9/8/2004

. . . Safron, now re-named Merchantbridge . . .


http://www.zawya.com/story.cfm/ZAWYA20040122101342

21 January 2004

MerchantBridge & Co. Ltd., the merchant banking firm with offices in London, Bahrain and Baghdad, today announces that it has been appointed as the Lead Advisor to the Iraqi Ministry of Industry and Minerals for their Lease of Industrial Factories Programme. . . .

MerchantBridge is helping to refine the details of the Programme and assisting in the evaluation of bids and negotiations with the bidders. Basil Al-Rahim, Managing Director of MerchantBridge, stresses the importance of proper evaluation of the bids. “We will take into consideration several factors such as the reputation and experience of potential lessees, as well as their readiness to transfer technology and provide training and new investment. The selection process will be entirely transparent.”


http://www.arabnews.com/?page=15§ion=0&article=74283&d=28&m=4&y=2006

Thursday, 8, December, 2005 (08, Dhul Qa`dah, 1426)

The London-based merchant banking company, MerchantBridge, which specializes in Middle East business, with offices in Baghdad and Bahrain has applied for a license to open an office in Saudi Arabia. The company is enthusiastic about prospects in the Kingdom.

“There is an enormous potential for growth,” says Basil Al-Rahim, one of the company’s Saudi partners, citing sectors such as the service industry, hospitality, manufacturing, petrochemicals and construction.

“The Kingdom is awash with high liquidity which different sectors can absorb,” he said. “In contrast, there is a shortage of investment avenues in the Kingdom. We hope to fill part of this gap in the field of corporate finance.”


http://www.nuclearspin.org/index.php/Baroness_Chalker_of_Wallasey

The merchant bank Merchant Bridge and Co. Ltd describes itself as 'the bridge between the Middle-east and the World Financial Markets', its senior advisors include Baroness Chalker, Lord Lamont (British-Iranian Chamber of Commerce, Benador Associates, Chairman of Le Cercle), Lord Denman (Consolidated Goldfields and The Research Institute for the Study of Conflict and Terrorism), and Andrew Buxton, the former chairman of Barclays Bank.

Since 1988 MerchantBridge has been the advisor to British Government of the Offset Programme which is a supposed £1 billion economic investment agreement in Saudi Arabia as part of the notorious Al Yamamah ('the Dove') arms deal.


http://www.stateofnature.org/democracyPromotion.html

Digging a little deeper, however, reveals powerful ties between the Iraq Foundation and the neo-liberal agenda. The two founders of the Iraq Foundation are merchant bankers and currency traders. One of these individuals, Basil Al Rahim, heads MerchantBridge, one of the most high profile investment banking groups in the Middle East. MerchantBridge was the first private equity fund to focus on the Middle East and in 2004 was appointed by the Iraqi Ministry of Industry and Materials to advise on the leasing of state owned firms to the private sector. . . .

Al Rahim’s co-founder of the Iraq Foundation and its current Executive Director is another merchant banker, Rend Rahim Francke. Following the US occupation of Iraq, Francke was appointed by the Iraqi Governing Council as its representative in Washington D.C. In 2004, she was a guest of Laura Bush in the First Lady's Box at the State of the Union address.

The connections between the Iraq Foundation and US empire building, however, go far beyond the activities of Basil Rahim and Rend Francke. The Iraq Foundation is a founding member of the Iraq-America Freedom Alliance, which, according to its manifesto, “…will provide Americans with a fuller picture of Iraq by giving voice to Iraqis who are grateful for their newfound freedom and working to secure democracy in their country.”

The Iraq-America Freedom Alliance is a project of the notorious Foundation for the Defence of Democracies (FDD). Founded two days after the September 11 attacks, it would be difficult to conceive of an organization more centrally connected to US corporate interests and the neo-conservative agenda.

[BornagainDUer]

31. Thanks alot for this information. I'm gonna file it.

:hi: