TREASON: WHO TERRORIZED AMERICANS AND THE WORLD ON 9-11? Part3

Today, September 11, 2020, we repost this article that began our quest for truth

THE IRAN-CONTRA/AZERBAIJAN CRIMINAL SYNDICATE

Adnan Khashoggi – UBS Union Bank of Switzerland – George Bush, Sr. & Jr. – Deutsche Bank – Richard Secord – Credit Suisse – Richard L Armitage – BCCI (later Indosuez) – Farhad Azima – Bank of New York – Richard Cheney – Potomac Capital Inc. – Porter Goss – Khalid bin Mafhouz

All reports seem to suggest the group above represents the core of an organized, criminal syndicate operating over a twenty-year span, across the globe. As a syndicate, they had a great deal to hide, and much to gain by the destruction of evidence in the various investigative offices of the World Trade Center. However, they had no more – and maybe even less – incentive than the Russian mafia, the Italian mafia, or the Columbian drug cartel. What all these syndicates had in common, besides criminal activity, is their use of these banks. Deutsche Bank represented a global pipeline for money, and UBS was the primary holding tank. Other, smaller Swiss banks were under intense investigation that involved transactions from New York and Deutsche Bank, and accounts that had secreted away the treasuries of many nations; these can be best described as the criminal nouveau riche skimming a small piece- table scraps from the German cartel take.

Prior to 1998, the Swiss banks had never had to give up the criminal proceeds of its many customers. If it hadn’t been for a negotiated ‘deal’ by Edgar Bronfman on the Marcos and Nazi gold, independent investigators would have continued to drill down into those accounts and their audit trails. This Bronfman deal, however, was not enough to shut down other investigations: the GATA lawsuit and FBI investigation, Kazakhstan-gate, Angolagate, Pakistani/CIA heroin trafficking and more. The attack on the WTC diverted the attention the entirety of the world’s largest investigative bodies, and destroyed whatever working papers they may have had. Given the evidence known today, planning for the attack started in 1998. The cover story offered by the leadership of a probable criminal syndicate is that Al Qaeda orchestrated this attack, when the truth is more likely that the attack was orchestrated by a bigger, more powerful cartel that could easily blackmail the U.S. government into support and a cover-up if it needed to do that.

With the success of Harken pump and dump behind him, and towards the end of his presidency, the record will show that Bush Sr. sent trusted operatives (Secord, Armitage and Giffen) into Central Asia. They made significant inroads into bringing investment capital to the region, and building trusting relationships with the corrupt dictators that ran those countries. Key members of the Iran-Contra group controlled major information resources for this area were the Azerbaijan American Chamber of Commerce and the Kazakhstan Oil Advisory Council. They pumped the opportunity to justify loans of billions of U.S. taxpayer dollars in the region from the Overseas Private Investment Corporation and the U.S. Export-Import Bank. This opportunity was significantly overstated by 93% to 96% according to more recent, third party estimates. With the price of oil being pumped to all-time highs in 2005, properties in Central Asia are now being sold-off to Russian and Chinese investors. Central Asia became the world’s largest pump and dump scam.

BUSH’S ILLEGAL, COVERT SUPPORT OF AZERBAJAN

In Azerbaijan, one finds a large cast of participants all linked through supporting roles in the Iran-Contra Scandal and its cover-up. These individuals are:

The essence of the Azerbaijan operation was an effort by former Iran-Contra conspirators to illegally support (support was made illegal by the U.S. Congress) the despotic government of Azerbaijan in its war against Russian backed Armenia. In doing so, they supposedly sought to protect U.S. and Saudi oil interests in western access to the Caspian Oil basin, the four largest oil fields in the region. They did so by illegally recruiting Afghan mujahedin mercenaries to fight for Azerbaijan (against Russian backed Armenians), using Mega Oil as the financial cover. This approach appears to be part of the CIA handbook. This same approach of using an oil company as cover for covert operations was used in the 1970s, with right wing CIA trained death squads in South America masquerading as Bridas employees. This is the same Bridas that competed for the Afghan pipeline rights.

It is of small historic note that of the mercenaries procured by Secord, one of them was actually Osama Bin laden. Secord also brought the Mossad into Azerbaijan, which confirms reports that Israelis fought side-by-side with mujahedin. In the news report of David Kimche’s involvement, is an important observation that not only are the Mossad in Azerbaijan, but that the secret service organizations of Azerbaijan, Kazakhstan and Uzbekistan were all working in unison with the Mossad and Richard Secord.

When trying to understand why such a high powered team as the Iran-Contra/October Surprise team – is reconstructed in a little country like Azerbaijan, it becomes clear that Azerbaijan is merely a base of operations for the broader Central Asian operation initiated by Bush in 1991. Secord’s employer in this operation – President Heydar Aliyev – was no novice in the realm of covert operations, being a former top KGB official. The operations were covert because American support was illegal according to Section 907 of the Freedom Support Act.

The fact that Congress had outlawed support to Azerbaijan would not have mattered to Secord. At the heart of the Iran-Contra controversy was a Congressional ban on aid to the Contras strikingly similar to Section 907, and Secord’s primary role in that first scandal was as the head of a private corporation which worked at the behest of Oliver North for covert and illegal weapons procurement for the Nicaraguan Contras. Secord appears to have been violating congressional intent in Azerbaijan exactly as he had for the Contras. It should not be assumed that he was just once again demonstrating patriotic fervor. Many forget that Secord’s involvement in the Iran-Contra Affair was motivated to a large degree by personal profit. Secord was reportedly investigated by the U.S. Department of Justice for his involvement in Azerbaijan, but there has been no mention of this report in the U.S. press, and the investigation appears to have been buried.

The collapse of the Azerbaijan regime was prevented by this tactic long enough so that when 911 occurred, the Bush administration was able to remove the law that prevented the U.S. from giving aid to despotic governments.

“The USACC Advisory Board consisted of “only” these seven men: Dr. Henry Kissinger, James A Baker III, Lloyd Bentsen, Zibigniew Brzezinski, Dick Cheney, Brent Scowcroft, John Sununu. It is noted here that the current Vice President’s daughter, Elizabeth Cheney-Perry, has been named Assistant Secretary of State for Near East Affairs for regional economic issues; she left Armitage Associates for the job. The USACC Vice-Chairman of the Board is James A. Baker IV (Baker Botts, L.L.P.); Chairman Emeritus is T. Don Stacy (VP, Amoco); with Richard Armitage as Board President, until he resigned to become Colin Powell’s Deputy, which rounds out the US elite running the USACC. The remaining Board of Directors are a who’s who of the oil and gas multinational corporate interests of the west and specifically the United States. On the Board of Trustees or USACC the latter interests hold sway again with three primary exceptions: Senator Sam Brownback (`R-KS`) and Joseph R. Pitts (`R-PA`) (whose efforts formed the 1996 legislative backbone of the House/Senate Silk Road Strategy for Afghanistan, [Unocal, Texaco] et al) and Richard Perle (US Defense Policy Board). The Legal Counsel for USACC is Ted Jones of the Texas Law firm Baker Botts L.L.P. (James A Baker III & IV’s law firm.); Treasurer is Karl Mattison (VP, Riggs Bank, NA). It was the James A. Baker III Institute of Rice University which outlined the Cheney Strategic Energy Initiative which later became the Administration’s Strategic Energy National Security Policy. (Clearly Dick Cheney wouldn’t be interested in giving Congress the names of who he consulted on the Energy Initiative as they would amount to the remainder of the Board of Directors and Board of Trustees of USACC.)” [U.S. political objectives in the Middle East Will Fail, Creating a New Cold War with China and Russia; Target is Iran not Iraq., by Craig B Hulet]

WARS FOR PIPELINES AND HEROIN DIVERSION FOR MONEY LAUNDERING

A large segment of the Bush administration’s national security and defense planning structure came from the energy industry, and set national defense policy lends some suspicion to the objectivity of that policy. Any and all arguments might easily lead one to conclude that the invasions of Iraq and Afghanistan sparked by the attack on the World Trade Center were conducted more for the benefit of the American oil industry that for the sake of world security against “terrorists.” Although conspiracy theorists could make an argument that the invasion of Afghanistan was meant to control the world heroin trade, with Afghanistan producing 80% to 90% of the world’s heroin. The world narcotics industry is larger than the gas and oil industry combined, and more profitable.

The WTC did not have to be destroyed for the Central Asian pipeline deals in Afghanistan and Azerbaijan to be successful. However, the bribes and money laundering behind these pipeline deals were illegal, and the investigative evidence pointing to the money laundering was the target of the attack on the WTC. While the actual illegal trading and bribing activity leaves very little physical evidence, money always leaves an audit trail, and that trail was being tracked and documented in Building Seven, the North Tower and Buildings Four and Six– hence the need to destroy the entire World Trade Center. In a manner highly reminiscent of the investigation of the BCCI bank fraud, once the bank’s criminal activities were exposed, bank records in England were destroyed in multiple warehouses by no less than seven separate fires, and sixteen material witnesses were murdered.

“The Manhattan D.A. who closed the American branch (of the BCCI) announced that 16 witnesses had died in the course of investigating the bank’s entanglements in covert operations of the CIA, arms smuggling to Iraq, money laundering and child prostitution.” [The False Memory Alex Constantine, Copyright © January, 1996]

The individuals involved in the destruction of the warehouses of BCCI evidence and the destruction of the WTC are same the individuals linked to the Central Asian money laundering crimes as well as the theft of Russian and Philippine gold treasuries. Understanding that the invasion of Afghanistan was not a necessary condition for the securing of the pipelines allows the analysis to entertain other theories as to why these individuals felt the need to murder thousands of people in the WTC attacks.

A PATTERN EMERGES AS TIME UNFOLDS TRUTH

Events in Kazakhstan, Azerbaijan, Afghanistan, and related activities in Angola are generally viewed as independent senarios, but should not be. When approached from the perspective of four separate, but linked operations, there is a consistent pattern that is not obvious when analyzing these events one at a time.

KEY POINT: The same people are found to be conducting these activities: Russian/Israeli mafia provides the weapons; the German/Swiss Banking Cartel moves and hides the money (for very significant profit), and the western oil companies claim the oil revenues. There are generally a number of smaller banks and other financial intermediaries involved, but the final resting place of the stolen treasuries generally appears to be a solid bank with vaults deep in the Swiss Alps.

The provision of illegal weapons around the globe is heavily dominated by the Israeli/Russian mafia, who source their weapons from former Soviet regimes as well as Israeli firms. Even when the U.S. intelligence agencies wanted weapons for the Contra rebels, they turned to Russian/Israeli traders (Russians seeking protection from international law in Israel, with a good participation by indigenous Israelis.) With the arms merchants, comes the same banking network, the same German banking cartel, generally fronted by Deutsche Bank. However, and all too often, news reporters and investigators lose track of most of the money. That is because the real profiteers are the bankers, with the old bloodlines of Europe.

These oil and gas operations, however, help expose a larger criminal pattern. In this pattern, the leaders of these countries allow their national treasuries to be siphoned-off in an array of financial maneuvers abetted by large corporations and international scam artists, and hide this money with the expertise of the German/Swiss Banking Cartel. This pattern is exposed in Germany, the Soviet Union, Kazakhstan, Azerbaijan, Afghanistan, Angola, and Philippines and with all probability, the US.

Here is the larger story: the theft of these treasuries is what the destruction of the WTC was meant to cover-up. Investigations into these lesser operations in Azerbaijan, Kazakhstan, Afghanistan and Angola would have stumbled on Swiss and Deutsche Bank accounts and transfers that, if investigated, would expose a grander scheme.

Not widely reported: The U.S. government somehow “misplaced” $ 3.3 trillion during the late 1990s. Donald Rumsfeld announced to the press on September 10, 2001 that $ 2.2 trillion was missing from the DOD accounts – but the world was too preoccupied the next day to worry about the world’s largest heist.

The interesting point made by Catherine Fitts (Former Assistant Secretary of Housing, First Bush Administration) is that the same people involved in the BCCI fraud, (hence the theft of the Russian and Philippine treasuries) are now associated with what some call the world’s largest money-laundering scheme – Enron – about the same time as the $ 3.3 trillion goes missing from the U.S. Treasury.

The money of the various oil operations involved in Central Asia (including Halliburton and Enron, both key players in Afghanistan) starts to cross paths at the Deutsche Bank and UBS. Here is where one finds the ‘old men of Europe’ – secretive names that rarely show up in the press, and old family names changed to hide the lineage. Here is where the money stops. When all the investigations spawned by the money-laundering of the late 1990s began to narrow the search to these banks, it was these old men and families of Europe who had to be protected. These are the families that “own” the banks through holding companies based in offshore countries, where the laws are controlled so that the owners’ names do not need to be divulged. The physical assets however, are in Swiss vaults, as the offshore banks can never offer the types of security guarantees offered by a Swiss bank. Here, they can be ‘frozen’ under a new set of anti-money laundering laws that went into effect in 1998, thus magnifying the risk the U.S. investigations posed.

CLUES THAT POINT TO MONEY LAUNDERING

To fully understand the Afghani events, which many 911 writers and truthers focus on, one must understand a coordinated set of covert activities being undertaken in Central Asia at that time. Prior to the attack on the World Trade Center, there were a number of seemingly independent, U.S. covert operations occurring in many Central Asian countries, but primarily: Afghanistan, Kazakhstan, Azerbaijan, and Uzbekistan. This suggests the Kazakhstan operation is also linked to covert activities in Angola. The central figures in these ‘theatres of operations’ are Richard Cheney, Richard Secord, Richard Armitage and George Bush Sr. Research demonstrates that covert activities in these regions were supported by additional participants from the Iran-Contra and October Surprise Scandals of the 1980s. These participants include David Kimche (Mossad), Adnan Khashoggi (Saudi), and Farhad Azima (arms merchant and airline owner). The central institutions in these operations are Halliburton, Unocal, Delta Oil, Enron, Union Bank of Switzerland (UBS), Credit Suisse, the Bank of New York, and the Deutsche Bank. In the background of these operations one finds the Russian/Israeli mafia and arms merchants. Their base of operations was Azerbaijan.

This is an extremely high-powered group of individuals which had been thoroughly tested on more than one occasion in its ability to execute large scale covert operations and maintain silence in the face of being ‘caught in the act.’ They were the “A” team.

KEY QUESTION: Their reunion in Azerbaijan demands an answer to the question: “Why was this high powered team working together in a small, impoverished corner of the world?”

This group – more so than Osama Bin Laden and Al Qaeda – had the wherewithal to direct the events of 911. More importantly, it will be shown that Osama Bin Laden (and his mujahedin) was a contractor to this group, and that even up to 2001, the press was reporting that Osama Bin Laden was a figurehead for Al Qaeda, with the real leadership being unknown. Kimche, as an integral member of this A-team, had developed a loyal following with ex-KGB agents he had helped escape to Israel, and had access to both the Mossad and the Russian/Israeli mafia. Together, this A-Team had access to all the right resources, had connections to the same banks and had a vested interest in helping bring to an end the investigations into their gold and money-laundering, illegal bribes and securities fraud.

There are three primary clues in the volumes of 9/11 data that point to the conclusion that the attack on the WTC was an attempt to stop investigations into money-laundering. Each clue reinforces the legitimacy of the other clues.

The accusation of Sibel Edmonds, an FBI translator who was silenced with a constraining order from public comment by Attorney General Ashcroft. After the attack on the WTC, the FBI hired extra translators to help with a backlog of taped phone transmissions. One of these translators was Sibel Edmonds who has gone on public record accusing the Bush administration of covering up its knowledge of events which would help explain 9/11. Sibel Edmonds – after reading and interpreting raw intelligence data – contends that the 9/11 perpetrators were protected by Dick Cheney’s “intelligence block” which prevented the investigation into terrorists. Since making her accusations, she has been silenced by a restraining order from U.S. Attorney General Ashcroft, in the name of national security. She was translating intercepts of Azerbaijani businessmen or politicians that were involved in laundering large quantities of cash raised by Afghan heroin smuggling. She has also made clear that the drug dealers and the arms dealers are mixed up together and that the divisions become blurred between these organizations.

So, what kind of people have experience in money laundering, arms smuggling, and drug smuggling, but who also are known to have been involved in Azerbaijan? The most famous Americans with such experience are the veterans of the Laos war during Vietnam. Many of them were later implicated in the Iran-Contra affair, which, of course, involved money laundering, arms, and drug smuggling. Among these crafty spooks are such veterans as Richard Secord, Heinie Aderholt, Farhad Azima and Richard Armitage. Sibel personally identified ten well-known Americans who are politicians and heads of federal agencies linked to drug-money laundering in the federal banking system which was used for political campaigns–but also linked to financing the World Trade Center/Pentagon 9-11 attacks. She has yet to divulge the names. [Missile & remote control systems added to small jets before 9-11; same parts found at Pentagon, Tom Flocco, TomFlocco.com, 5/26/2005]

The co-location in the North Tower of the WTC of the FBI investigation into two seemingly independent crimes: illegal gold trades and Kazakhstangate – the illegal payment of bribes to Kazakhstan officials by Mobil Oil representatives Giffen and Williams. Co-location suggests the two investigations were related, but there is other reason to believe that to be the case. Additional evidence suggests the money laundering involved in both cases crosses paths through the Deutsche Bank and Credit Suisse. Evidence is later presented in the report which indicates that the secret services of Kazakhstan and Azerbaijan were working together, in unison with Richard Secord and David Kimche (Mossad), so any investigation into Kazakhstan bank accounts probably would have carried over into Azerbaijani bank activity.

FBI counter-terrorism chief John O’Neill’s made the accusation that Vice President Dick Cheney officially blocked investigation into Afghan terrorist activities by the FBI so to protect oil industry interests. O’Neill’s accusations, however, are broader than just Dick Cheney’s “intelligence block.” As early as 1996, the Department of State had been blocking his investigations in the Middle East – Yemen and Saudi Arabia specifically.

These clues (1. the accusations of Sibel Edmonds, 2. the FBI investigations into Kazakhstan, and 3. the accusations of John O’Neill) point to five distinctly separate, but inherently related sets of events, occurring in the same time period – starting in the early 1990s through 2001. Together, these seemingly unrelated events demonstrate a larger pattern of investigation into the German banking cartel by U.S. investigators.

These were the five incidents brought to light as part of a broader investigation by the agencies housed in the WTC. Together they suggest that consecutive U.S. administrations had sought to further the interests of the U.S. and Saudi Oil companies in Central Asia and Russia, and had undertaken covert operations to do so. In and by itself, while these activities to some may be reprehensible, they are not all illegal. There is, however, a common thread buried in the detail which is illegal: money laundering used for heroin, weapons and bribes, as well as at least three assassinations.

Finally, lest not anyone forget, there were probably up to several trillion dollars of stolen national treasuries open to discovery and disclosure in these accounts. With the same players being involved in so many of these activities, their German/Swiss bank accounts represents a house of cards, and any one investigation into any one of the aforementioned crimes could lead to a major exposure of the world’s greatest criminals – and their criminal bankers!

RIGGS BANK AND RUSSIA

In summarizing the role of Riggs Valmet, what the timeline of world events shows is that George Bush steered the re-financing of third world debt under the astute guidance of the soon-to-become Enron Vice President Robert Hermann. During this refinance process (according to ONI released documents), an undisclosed amount of financial collateral “disappeared” into the U.S. banking system, thus delaying the re-settlement of the third world debt. In the meantime, George Bush’s brother Jonathon, who was in charge of investments for Riggs Financial Management, took controlling interest in a company called Valmet, and opened a Swiss subsidiary, which became the financial consultants to the KGB and future criminal oligarchs of Russia and other criminal groups.

The Riggs Valmet “consultants” helped the KGB and oligarchs create Bank Menatep, which later became a business partner with Riggs, in owning an undisputed money-laundering, tax evasion vehicle for its Russian and U.S. customers. It is speculated that the third world debt collateral was withheld long enough that the Soviet economy collapsed due to lack of capitalization, the goal of the destabilization program. The collateral funds – or part of the $300 billion plus that could have been generated in interest by the missing third world debt collateral – were then restored to Yelstin by George Bush Sr. Yeltsin then moved the collateral funds into Bank Menatep, that proceeded to use the funding with the Yeltsin oligarchs to “buy-up” Russian industry for pennies on the dollar.

Through an array of financial actions, that wealth was then transferred through Nordex, Marc Rich, the Bank of New York, Riggs Valmet (and its shell companies) and several other banks identified collectively by Ambassador Leo Wanta and the Office of Naval Intelligence, to Swiss and German banks, while nominally ‘held’ in off-shore banks.

In creating the “cash” that was to fund the oligarchs’ takeover of Russian industry in 1991, a $240 billion jump in the M3 measure of money would have to occur if regular Federal Reserve or large bank channels were used, and there was no such jump. Having the bonds backed by “private” collateral – such as the Durham Trust or Swiss gold – the generation of the money supply did not need to settle through any bank linked to the Federal Reserve, especially if they were shopped overseas, which is what happened. They were funded via Israel and supposedly backed by gold from Switzerland, according to the released documents.

KEY POINT: The Marcos gold confiscated by George Bush, Sr. (and acknowledged to exist in records from Congressional hearings as a source of funding for Iran-Contra operations) or the Russian treasury gold (theft of which was facilitated by Leo Wanta), probably served as collateral for these loans. The interesting thing to keep in mind is that if Brady type bond payments are defaulted, the maturity value is guaranteed by U.S. Treasury Bonds, thereby explaining the need for the Federal Reserve intervention of 2001.

The German /Suisse banks referenced in the investigation include those very banks reported to be at the heart of the need to cover up investigations at the World Trade Center: Credit Suisse, Union Bank of Switzerland, Deutsch Bank, Dresdner Bank, and now, including Westdeutsche Landesbank.

YELTSIN FAMILY AND THE INVESTIGATIONS IN THE WORLD TRADE CENTER

There were at least seven active investigations into the Yeltsin family when the World Trade Center – home of the U.S. major financial investigative organizations – went down. In all probability, there might have been up to fifteen or twenty investigations opened, and most of them would never see the light of day. All of these investigations are tied to accounts that would ultimately link back to the Bush family financing.

“Upon his arrest, Khodorkovsky’s secretive business arrangement with the Rothschild family was exposed, as Jacob Rothschild took over Khodorkovsky’s 26% control of Yukos. Khodorkovsky’s seat on the board of directors for Yukos went to former Halliburton executive Edgar Ortiz, a former Halliburton vice president during US Vice President Dick Cheney’s time as Halliburton CEO, and as President and CEO of Halliburton, took over the relationship with the State Oil Company of Azerbaijan Republic (SOCAR).” (See Halliburton Man to Sub for Khodorkovsky, Simon Ostrovsky, Moscow Times, April 30, 2004.)

Yeltsin’s accounts in UBS were being investigated by the Swiss at the same time as the 1998 decision to attack the World Trade Center was made.

The missing Russian treasury gold was probably under scrutiny by the FBI investigation of gold-price fixing, an investigation that would have encompassed accounts from Barrick Gold and Deutsche Bank.

The Westdeutsche Landesbank related money-laundering of Boris Berezovsky and Roman Abramovich.

All of the investigations targeted individuals who were at some point financed by Bush Sr. and his business associates, and used government funds to fraudulently enrich various business partners and themselves. All the investigations were housed in the World Trade Center. All of these Russian/Israeli mafia frauds were being investigated by agencies in the WTC and had their investigative resources refocused on “Al Qaeda.” It should not be forgotten that Al Qaeda has been a documented CIA front established under George Bush Sr. when he was CIA Director, then continuing as he became Vice President and officially the chief of National Security under Reagan, and as President.

KEY POINT: As the senior U.S. Intelligence czar for 20 years, if anyone ever ‘owned’ Al Qaeda, it was George HW Bush.

GERMAN AND SWISS GOLD HOLDINGS OF THE NAZI, MARCOS, AND OTHERS

There are a number of Swiss banks that regularly are mentioned in reports of money-laundering and protection of stolen national assets. Amongst them, one stands out: UBS, but often mentioned as well is the Credit Suisse Bank. UBS, formerly Banque Federale or Federal Bank of Switzerland, is the long time banker to the Marcos family, Adnan Khashoggi and the Saudi Royal family, and assorted international criminals. This Swiss bank is one of several strongly attached to the German industrial and banking cartels, with a history traceable back to the Third Reich.

UBS operated with the Deutsche Bank to funnel laundered Third Reich funds into many of the subsidiaries created by German industrialists at the end of the war, especially I.G. Farben and Thysssen A.G. This was done to protect assets from confiscation by the Allies. In 1978, these two banks would create UBS-DB Corporation, an American firm. It would later become Atlantic Capital Corporation (wholly owned by the Deutsche Bank), and continue to help UBS customers place investments in the U.S.

UBS was one of the few banks used by the Germans during WWII to launder and hold “holocaust victim gold” as well as the stolen treasuries of Europe, including gold reserves from France and Czechoslovakia. At the time the Nazis stole the French treasury, the gold holdings of France were reported to be greater than the combined holdings of Fort Knox and the Bank of England.

After the war, the Swiss banks took elaborate measures to hide Nazi gold and prevent confiscation by the Allies. Although the Allies were able to seize some, the actual amount deposited by the Nazi government and German industrialists could not be ascertained. Shortly after the war, the Swiss passed laws to ensure that they would be able to hold on to whatever the Allies did not confiscate.

WHAT HAPPENED TO THE MARCOS GOLD?

The next great gold bonanza to get channeled to the Swiss banks was the Marcos gold. In both instances of the holocaust victim and Philippine gold, the Swiss banks adamantly resisted years of effort by the governments of Israel and the Philippines to have the gold returned to its rightful owners.

The reason the Swiss banks relinquished in this, after more than fifty years of denial, was not so much a result of newly defined morality, but rather the result of pressure from U.S. investigators and lawmakers on three separate fronts, and by Swiss lawmakers on a fourth front:

Front #1: There were claims by the Philippine government that the Marcos family had secreted away $13.4 billion of the Philippine treasury. In 1991, at the end of the Marcos presidency in the Philippines, there were a number of reports that Marcos had secreted away in UBS large quantities of the Philippine national treasury. There are reports that these funds came from multiple sources: the looted Japanese treasury, Nazi gold money-laundering, and embezzlement of U.S. aid. The point that has not been disputed is that regardless of the source, there was “a lot” of illegal gold and money moved to Switzerland by Marcos, with the assistance of Adnan Khashoggi.

George Bush Sr., as CIA director, would also be involved in helping Marcos move bullion out of the Philippines. Investigators from the Philippines started making claims on these funds, providing proof the funds were secreted away at UBS, but because of the banking laws of Switzerland, the bank would never confirm to the Philippine government of President Aquino that it had the missing Philippine funds.

Front #2: The U.S. Department of Justice, representing eight U.S. nationals that had won a lawsuit against the Marcos estate for torture and deprivation of rights, was pressing for an investigation into the Swiss accounts. A number of human rights groups took on the Marcos family in U.S. courts for violation of human rights, and won a major, billion-dollar settlement against the Marcos family. Ferdinand Marcos had died in 1989, but the judgment was levied on his estate. After losing the suit, the Marcos family claimed it did not have the resources to settle the claim. That is when the Department of Justice was brought in to investigate the accounts identified in the Swiss banks as Marcos accounts. When the possibility of the estate being hidden in UBS was exposed by the efforts of the Philippine government, the Department of Justice began an investigation.

Front #3: The search for holocaust gold was re-activated in 1996 when newly declassified documents of the Swiss government inadvertently suggested the banks were still holding on to financial assets that belonged to holocaust victims and their families. The search erupted into a scandal in 1997, when a janitor at UBS discovered and retrieved documents being shredded that supported the claims of the holocaust victims and their families.

Front #4: The final front was new anti-money laundering regulations which took hold in Switzerland in late 1998. This new legislation put criminal penalties on bankers who knowingly supported money-laundering activities.

Eventually the Bronfman investigation convinced the Swiss bankers to hand over roughly $8 billion ($1.25 billion to the holocaust victims, $4.6 to the Philippine government, and another $2 billion to the 8 U.S. victims of the torture suit) compared to less than the $1 billion they were originally planning on paying.

There was another complicating factor in bringing closure to the “bullion” issues. The Swiss and Deutsche Bank knew that resolving the holocaust and Marcos gold disputes was not the end of the pressure on the banks. There were three more open investigations:

In 1998, Russian investigators traced a $300,000 ransom payment from the Bank of New York, which opened up the Bank of New York/Russian mafia bank scandal. This scandal would later be shown to be connected to the Swiss banks and the Deutsche Bank. It is of significant note that two primary owner-investors in two of the key banks involved in the Russian money laundering scandal were Bruce Rappaport, a Swiss Israeli banker who was involved with Khashoggi and George Bush Sr. in the IranContra, October Surprise, and BCCI scandals, and Dr. Alfred Hartmann. Another key player already linked to the Bank of New York/Russian mafia money laundering scandal was Jonathan Bush and his involvement with Valmet SA.

A thorough investigation into these Swiss accounts probably would have uncovered links involving Richard Cheney and Marc Rich, among others, to the Nigerian and Angolan oil scandals, in which dollars flowed from the U.S. to Russia.

Additional investigations that might have exposed this network of accounts included:

THE BARRICK-BANK CARTEL CONNECTION

The relationship between U.S. intelligence and UBS goes back for 60 years. Since WWII, UBS, notably stands out as part of a mix of Swiss banks heavily involved with the U.S. Intelligence community, far removed from Congressional oversight:

The interplay of Barrick and the bank and oil cartels crisscross in a manner that strongly suggests ongoing partnership rather than coincidence. There are three pieces of evidence that identify a linkage between the management/ownership of Barrick, the oil cartel, and the German bank cartel. This report finds the individuals involved in planning, executing, and covering the WTC attack to be the same as those involved in Barrick and covert oil operations in Central Asia.

These five points suggest that if it doesn’t exist already, there exists the potential for a cozy relationship between the U.S. oil cartel, the German banking cartel and Barrick.

LINK BETWEEN THE WTC, ILLEGAL GOLD, AND MONEY LAUNDERING

The key matter for consideration and inquiry is that, according to John O’Neal, and Sibel Edmonds, the FBI (whose files were in the WTC North Tower) was denied information by the CIA and Secret Service. The CIA’s files would have been kept in Building Seven. One has to presume that any files relating to financial investigations of money laundering related to “intelligence” operations and the Russian/Israeli mafia around Azerbaijan, Kazakhstan and Afghanistan were kept in Building Seven or Tower 1.

The WTC offices also held investigative information for the Bank of New money laundering scandal, which will later be shown to be intricately linked to covert oil operations in the aforementioned countries. From another perspective, three of the agencies involved in the Enron investigation were housed in the WTC: SEC, the Justice Department, and the FBI. With a great deal of certainty this report concludes that Enron was a major money-laundering vehicle for the financial rape of Russia, buying and selling petrochemical contracts from the U.S. subsidiaries of the Russian oligarchs. Both DoD and HUD had contracts with Enron, and those agencies were reported by Rumsfeld (on September 10, 2001) to be unable to account for some $3.3 trillion in funding. The IRS, in Building 7 was looking at Barrick’s offshore hedge book.

“The contention that the destruction of the WTC was used to destroy evidence contained on the 23rd and 24th floors of the North Tower is now incontrovertible. …Here is evidence supplied by the Head of Security of the World Trade Center on network television indicating that the floors used by the FBI (22nd, 23rd and 24th floors) of the North Tower — 70 floors below the crash-bombing impact — had been devastated and reduced to debris. This same Head of Security himself dug through the debris to save persons who were trapped there. It was on these floors that the evidence and investigation briefs on two highly important cases were being stored: 1) The case against Mobil Oil and James Giffen on illegal oil swaps between Iran and Kazakhstan (at that time before a New York grand jury as described in great detail by Seymour Hersh in the July 9 New Yorker magazine); 2) The evidence in the investigation of Gold Price Fixing which stemmed from charges brought against Alan Greenspan, Morgan & Company and Goldman Sachs. At noon E.P. Heidner received a phone call from New England from friend who was reviewing recorded footage of coverage of the destruction of the WTC on NBC’s program “48 Hours.” Steve has reviewed the footage many times and taken detailed notes. I took notes at my computer as he spoke. After the south tower collapsed, men went up to the 22nd floor of the WTC and “dug” someone out of the “rubble” he found there. It is known that these floors contained the New York FBI offices. Peter Jennings actually did a two-day network news story on the effects of the destroyed evidence and files on American financial crime investigations around the world. The 48 Hours anchor was interviewing the Head of Security of the WTC about the evacuation. He had received a call, after the South Tower was down, from the Port Authority’s Command Center on the 22nd floor asking for rescue. The Head of Security himself traveled to that floor in the company of a NY Fireman where they found the offices devastated to the point that they had to “tunnel through debris” to “dig out” the two or three Port Authority workers who were trapped there. All of this happened 73 floors below crashbombing impact.” [WTC Attack Destroyed Criminal Evidence , Dick Eastman, http://www.conspiracyplanet.com, 10/26/2001]

Eastman’s report is substantiated by other reports from CBS News and an individual chronicler of events. These reports suggest that while one drama unfolded throughout the WTC complex, another drama was unfolding on the 22nd Floor of the North Tower.

The result of the loss of this building was a major loss of investigative documentation by U.S. agencies. Agencies known to have lost evidence include the Export-Import Bank (source of loans to Afghanistan and Angola), CIA, SEC, IRS and Secret Service.

In the key emergency control center of New York in Building 7 (free-fall building), someone gave the order to evacuate the building and the control center. No one knows who gave that order. In the buildings that were supposedly hit by planes, personnel were not given that order, and remained in the control centers until the end. Investigators of financial crimes throughout the U.S. lost evidence in thousands of cases, including original SEC filings falsely reporting the Deutsche Bank’s lack of involvement in the Cayman shell companies of Enron.

Talk about destroying evidence. Clinton’s missing emails is nothing compared to the destruction of evidence in the WTC and Pentagon.

THE UNMENTIONED LOSS OF WTC 6

A key hypothesis of this report is that the attack on the World Trade Center was intended to stop investigations into various forms of money laundering by officials of the U.S. and the Russian/Israeli Mafia. It would not be appropriate to discuss Building 6, which housed U.S. Customs – one of the key U.S. Agencies with responsibility for investigating money laundering. The fate of Building 6 is ignored in virtually every report available, but the couple of references found are totally aligned with the hypothesis that these agencies were targeted.

GOLD TRADING AND MONEY LAUNDERING INVESTIGATIONS CANCELLED BY DESTRUCTION OF THE WTC

The 23rd floor of the North Tower of the WTC held FBI records pertinent to investigations of international gold movements and violations of the U.S. Foreign Corrupt Practices Act. The stimulus for the FBI investigation was a lawsuit initiated by GATA against a number a major bullion international banks and the former US Secretary of the Treasury. The lawsuit alleged that these banks conspired to manipulate and artificially depress the price of gold. The evidence presented by GATA was quite compelling, and suggested that 1) these parties had used national gold reserves to illegally regulate the price of gold, 2) these banks had created a significant risk that threatened the liquidity of all of the key players, and 3) that the national gold reserves had been illegally depleted as a result.

KEY POINT: The basis for this suit was analysis of gold market prices and trades that suggested approximately 14,000 tons of paper gold had been artificially created to keep gold prices depressed. This report speculates that gold prices were not being manipulated, but rather 14,000 tons of stolen gold was being illegally laundered.

The logic of what GATA called a scam “on the American citizens and individual gold buyers” was this. Bullion banks “loan” gold to each other at 1% or 2% interest. When they borrow gold to cover needs, they buy a gold future and assign it the lender. Thus the lender always has the “same” amount of gold, except some is ‘paper gold.’ According to GATA, these banks would loan gold to each other, and then sell the real gold, using the proceeds to invest in equities, which paid a higher return. This is a good deal when the investment’s return on the equity is greater than the costs of the increased price of gold. The GATA claim is that this process had been going on secretly for a number of years, with U.S. private banks making hefty profits using U.S. treasury gold. This process is not illegal – fixing-prices is.

At some point in the process, these banks had loaned out more gold than could be produced by all the gold mines in the world in the next two and a half years. Because the world started viewing the dollar as overvalued, there was a move towards gold, which stood to drive the price of gold up – dangerously so. These banks then had to borrow and sell even more U.S. gold, and then (it is contended) brought in the London banks to support them, to keep the price of gold artificially down. The prices had to be kept artificially low because if there was an actual call on the gold loans by one bank, it would bring them all down like a house of cards. There was not enough physical gold available to make good all the futures being held by the banks.

It has been speculated that it was these banks – with a focus on the American banks -that somehow brought about an attack on the FBI office, using the cover of the airliner assault to destroy the evidence against them. According to this theory, the attack needed to happen before October 9, 2001, when this lawsuit opened in court. It may be fair to speculate that U.S. bank executives were not worried about being convicted for violation of dubious and ambiguous laws. However – win or lose, this report speculates there was at least one group of bank executives that had plenty of reason to worry if this lawsuit saw the open courtroom, and that is the group that set out to destroy the World Trade Center. These are the executives who were worried that an investigation and trial would expose their gold laundering activity.

KEY POINT: This report speculates that gold being sold on the market was not ‘artificially created,’ but rather illegal, stolen gold that needed to be laundered.

HOW IS GOLD BEING LAUNDERED?

The argument that the attack on the WTC was an attempt to silence an investigation into gold transactions and money laundering has never seriously been considered. In a world that has recently seen reports of the disappearance of 4,000 to 60,000 tons of illegal gold stolen from various national treasuries, no one seems to have asked: How is this gold being laundered? The selling behavior demonstrated by the bullion banks could also be interpreted as selling off huge, illegal gold hoards at a previously agreed upon price point. The hypothesis that a large portion of this may be laundered by the Deutsche Bank becomes more compelling when one focuses on the Deutsche Bank, and its possible reasons for wanting this investigation quashed – which no one, except maybe the FBI, has focused on. The Deutsche Bank (along with Dresdner, and U.S. banks) had been conducting gold sales for years, and, indeed, it was speculated in the GATA suit that the European banks in general had illegally dumped large amounts of their reserve gold to buoy up bank profitability.

The question needs to be asked: What if the German banks, primarily the Deutsche Bank – and possibly some American banks, were not selling their gold reserves, but rather laundering gold for its clients? Until this report, there has been no mention of this possibility. Not too long ago, several previous board members of the Deutsche Bank were indicted for helping high profile clients avoid taxes by laundering money into Switzerland. The bank certainly also had a reputation for the less dignified money laundering activity associated with organized crime and the Chairman of the Deutsche Bank Board admitted the bank “possibly” had been “misused” by these same Russian mafia types, previously linked to the Mossad by this report.

Any serious investigation into illegal gold laundering by the FBI probably would have exposed transactions no one wanted to make public. Any FBI evidence would have to be destroyed, and the investigation stopped. One of the more convenient aspects of the attack on the WTC is that while destroying relevant FBI investigation materials, it also destroyed all U.S. Deutsche Bank records.

The original GATA lawsuit was dismissed, and the FBI investigation was ended. A reorganization of the FBI in 2002 refocused agency attention on terrorism, leaving bank crime to “other agencies.”

WHAT TO DO WITH TONS OF ILLEGAL GOLD

What the GATA and the subsequent suit never considered was that while “large, inexplicable” amounts of gold (estimated at 6,000 to 14,000 tons) were being released on the market by the bullion banks, possibly this was a gold laundering operation. Certainly enough stolen gold had poured into Germany and Switzerland from various sources to explain a majority of the German trades (and possibly trades by U.S. banks as well), and these flows were documented in Heidner’s report:

While the early reports of this Philippine treasure were generally regarded by the media as rumor, the story was subsequently well substantiated by the reporting of David Guyatt and others. A major source for this documentation was a death bed statement by Brigadier-General Erle Cocke, in April 2000. Cocke was a banker before he became a black operative. He had worked as a “fixer” for “every President since Truman.” Additionally, he was an Alternate Executive Director of the World Bank for four years, a member of the US delegation to the UN for two years.

As part of this illegal gold movement, it is extremely important to notice where at least 50 tons of it went, because it starts a chain of events involving the banks of Bankers Trust, JP Morgan and the Deutsche Bank Alex Brown. It is also important to note that the gold started to be moved into the market place in the early 1980’s by Marcos himself and in the late 1980’s by his wife. It was during this time that George Bush Sr. got involved.

“The Bush family off-shore money tranches originated with gold bars and jewels spirited out of the Philippines upon the overthrow of Ferdinand Marcos in 1986. The Marcos fortune was the price exacted by Vice President Bush for his being granted asylum in Hawaii. The gold bars were transported from the Philippines to the International Diamond Exchange Vaults near Rockefeller Center. A CIA proprietary firm called Oceaneering International of Houston procured barges to move some of the gold from secured warehouses to a specially-configured Boeing 747 which then flew the cargo to New York. Oceaneering sealifted the remaining gold to Oregon. After George W. Bush’s victory in 2000, the last of the gold and jewels stored in New York was moved to UBS Bank in Zurich. Marcos and Saudi billionaire Adnan Khashoggi set about to create Five Star Trust in 1983 as a means to create a vehicle to use the Philippine wealth to create and funnel fungible assets abroad. In 1989, Five Star Trust was officially established in the Isle of Man by a Houston-based attorney who was a close friend of the Bush family.” [http://www.waynemadsenreport.com]

Is should be of historic note that it was three of George Bush’s key aids who played primary roles in convincing President Ronal Reagan to withdraw his support for Marcos, thus forcing Marcos to seek asylum and deal with George Bush Sr.

In answering the question as to “why?” the records point to the conclusion that George HW Bush set up a private funding mechanism for his own personal dark-ops foreign policy.

KEY POINT: This was a fund protected from Congressional oversight and a fund that would allow Bush to authorize and fund operations that violated United States law.

This fund would subsequently be used to wage war against the former Soviet Union by financing Muslim terrorists and Russian mafia oligarchs in his continued efforts to destabilize the Soviet Union. It would be used illegally to fight “Communists” in South America. Some of the Marcos/Bush gold was even considered for use in the Iran-Contra dealings: “In 1985, [Oliver North] attempted to sell 44 tons of Marcos bullion, worth $465 million, on the black market. He blithely suggested skimming $5 million to finance the Nicaraguan contra war, but the deal fell through when North, true to form, stiffed the Israeli middlemen on the Marcos payroll. Tapes and documents implicating American officials in the gold transfers were withheld from the Iran-contra committee by Major General Colin Powell, Defense Secretary Caspar Weinberger and William Odom, director of the NSA. “It wasn’t so much the mention of gold that concerned them,” say Thompson and Kanigher. “It was Marcos talking (on tape) about contributions to U.S. presidential campaigns and the use of the gold proceeds to fund illegal arms deals.” [Iran-Contra Connections to the Oklahoma Bombing, by Alex Constantine © 2000 Alex Constantine. All rights reserved]

This Marcos gold would be a fund the use of which had to be protected from ever being exposed to the world. It would be a fund that investigators housed in the World Trade Center were on the path to uncover. It would provide the basis for the “National Security” rationale for all the cover-up associated with the government investigation of the destruction of the WTC.

Bankers Trust, where Marcos placed his gold in 1982, becomes an important name in this report in that the merger of Bankers Trust (formed by JP Morgan in 1903) and Deutsche Bank Alex Brown was conducted by “Buzz” Krongard, with the assistance of his primary staff assistant, Mayo Shattuck. What it suggests is that Krongard, Shattuck, executives of JP Morgan, and executives of the Deutsche Bank were in a position to be knowledgeable about the illicit gold movements that ultimately were covered up by the destruction of the World Trade Towers. Krongard has been implicated as a potential “person of interest” in the alleged cover-up by the U.S. Government of what really happened on September 11 because of his association to the bank to which many illegal stock trades were traced, and the unexplained ‘shutdown’ of that investigation.

“By profession, Krongard is a banker and formerly was the Chairman and CEO of investment bank Alex. Brown, Inc. In September 1997, Krongard engineered the merger of Alex. Brown with Bankers Trust and became the Vice Chairman of the board of directors of Bankers Trust. A few months later, in January 1998, he was recruited as a “counselor” to CIA boss George Tenet. In March 2001, he was promoted to Executive Director, making him the No. 2 man of the spy agency.” [Project Hammer Reloaded, Part 1 of 2, Nexus Magazine, Volume 10, Number 6 (October-November 2003), David G. Guyatt]

What is not recognized by many is that Krongard’s main assistant at Alex Brown was Mayo Shattuck. Mayo – who was also the personal financial advisor to Edgar Bronfman and Adnan Khashoggi – resigned as CEO of Deutsche Bank, America on September 12, 2001, and went on become CEO of the company that would replace the bankrupted Enron as the primary energy market maker. Mayo’s Deutsche Bank operation in the WTC was buried on September 11.

Also rarely mentioned is the fact the Senator Carl Levin’s Senate Hearings into U.S. money-laundering identified AB Brown – where Krongard, Shattuck and Beese were the top three executives – as one of the top twenty U.S. banks involved in money-laundering. Finally, one should note that Krongard was mentor to another placement from the CIA training facilities of the U.S. War College and John Hopkins. That protégé was named J. Carter Beese, who was one of George Bush appointees to the board of directors of the Overseas Private Investment Corporation in 1992, and later would become Chairman of Riggs Bank, as well as an SEC Commissioner (appointed by Bush.) J. Carter Beese Jr. was Chairman at Alex from 1994 to 1997, and would move from there to also be vice-chairman of Bankers Trust. Beese went from Banker’s Trust to become President of Riggs Capital Partners, which will later be demonstrated to play a major role in George’s Bush’s 1991 ten-year bond fraud, one of the major drivers behind the September 11 tragedy. Beese was the son of an FBI agent. Beese, like many CIA trainees, would have his life ended in April 2007 with a reported suicide, at the age of 50.

It also suggests that the management of the JP Morgan syndicate of financial institutions was in a position to be aware of these illegal gold transactions, as were other American financial institutions such as Citibank and Drexel.

Another potential source of illegal gold in the market was uncovered in the 1990’s by the WJC. (World Jewish Congress). Recent disclosures from World War II documents released in the 1990’s demonstrated that the Swiss banks had understated the amount of gold received from Nazi Germany during the war. This gold appears to have originated with holocaust victims and the national treasuries of conquered nations. Technically, this gold was to have been returned to those nations and families it was confiscated from.

Swiss banks denied the existence of this and the Marcos gold, despite historical evidence to the contrary. It was only when a janitor for one of the banks discovered and saved records of this gold in the process of being destroyed by the banks, and handed over these records to the press, did the whole Swiss denial begin to crumble. At that point, the World Jewish Congress began to apply more pressure on the Swiss banks, and on the U.S. Congress to penalize the Swiss banks. At about the same time, the Philippine government was pressuring the banks for a return of the Marcos gold, and the American legal system was seeking billions from the Marcos accounts on behalf of victims of Marcos torture that had won a lawsuit against the Marcos estate in Hawaiian courts. On top of these legal probes into the illegal gold holdings of the Swiss banks came the GATA lawsuit and its associated FBI investigation.

The amounts of illegal gold from all of these various sources may have been adequate to explain the “inexplicable” gold volume being sold in the gold market, as suggested by GATA statistics. This illegal gold is also of interest because one of the key individuals heading the international law suit against the Swiss banks was the President of the WJC – Edgar Bronfman. The Bronfman family, along with executives of JP Morgan, were key investors in a Canadian company called Barrick – named as a defendant in the second gold price-fixing suit, and the largest producer of “paper” gold in the world. This report speculates that Barrick was operating as a ‘front’ for moving stolen gold into the market.

Winning or losing this lawsuit would be quite immaterial to a large number of people unless the banks had to reveal the sources of their gold, which generally had been funneled into Swiss accounts by German banks and its global network of banks. It is hypothesized that the exposure of this gold laundering activity was the ‘issue’ that allowed German banking executives and Russian KGB/mafia lords to sit at the same table and discuss a mutual interest in destroying the World Trade Center. It created the incentive to leverage Russian/Israeli mafia relationships within the Israeli Mossad, and initiate the attack on the WTC.

Interestingly, it was also this same type of interest in ‘preventing public disclosure, or exposure’ that may have encouraged Bush to divert attention away from this economic motive for a crime.

The argument made by Flocco and Ruppert, while valid, misses the real cover-up. An investigation into the Deutsche Bank connection to the terrorists would have demonstrated that at the heart of the connection was a need to cover-up probable illegal gold movements. Moreover, the names of two banks (JP Morgan and Deutsche Bank) and three individuals (George Bush Sr., Adnan Khashoggi and Edgar Bronfman) reported to be involved in these probable illegal gold movements are linked to a single gold company: Barrick. These names are not linked as a group to any other gold company. These individuals, along with Shiek Kamal Adham, (the former head of the Saudi intelligence agency and a regular business partner of Khashoggi) have been widely reported as involved (but not convicted) in money laundering schemes and illegal gold movements:

If four suspected money-launderers, at least two of which are involved in prior movements of this gold, are all financially involved in a company responsible for the generation of billions of dollars of paper gold, and producing bullion from mining deposits with a history of dubious value, then should not those facts warrant suspicion of that company’s intent?

In fact, the Barrick gold operation is a phenomenon that could not have occurred without the assistance of President George Bush Sr. In his last days as President, Bush pardoned his former political colleagues convicted in the Iran-Contra Scandal, including Adnan Khashoggi. The Iran-Contra conspirators executed their crime with the heavy involvement of three individuals who continue to appear throughout this report:

At the same time that Bush pardoned the convicted Iran-Contra conspirators, he authorized a procedural change which allowed Barrick (a company started with funding from Khashoggi and Shiek Kamal Adham as an original investors) to claim $10 billion in unmined reserves in Nevada, for the meager cost of $10,000. It is speculated this process needed to be expedited because it was anticipated the Clinton administration would not approve transaction without sizeable royalty requirements. This report speculates that Bush expedited the approval so that laundering of gold could happen much sooner – that having the reserves on the books was a necessary step to begin laundering the stolen treasuries. Not often reported, Barrick claims it paid $63 million for the company that owned those rights, although the details of that investment are not known. Even at that rate, $63 million for $10 billion in assets seems like a suspicious arrangement.

About the same time Khashoggi and Adham were investing in Barrick, a partner of their BCCI partner (Khalid bin Mahfouz) was becoming a 12% investor in Harken, which would later be identified with George Bush Jr.’s insider trader.

The current Bush administration has dropped all investigations of potential financial crimes associated with the destruction of the WTC. It has forced the FBI to drop the GATA/gold price-fixing investigation so as to focus on ‘terrorism.’ The Bush administration dropped the investigation of illegal stock trades once they were traced back to Israel. The 9/11 Commission report does not mention them, and there is no SEC nor FBI report on the investigation. Any formal announcement of the findings disappeared a long time ago, and an only inadvertent leak let the world know what really happened. An investigation into the destruction of the WTC as a classic criminal act rather than an act of political terror would most likely result in exposure bringing disrepute to the Bush family, and some of the most powerful banking executives in the world. Criminal charges would also be possible. It would also start in motion actions required to return billions of dollars of illegal gold to their rightful national treasuries. It would probably bring about the collapse of a number of major financial institutions. Therein lays the heart of real the National Security issue.

GOLD LAUNDERING – THE PROCESS

Before attempting to unravel the mechanism by which the laundering of illegal gold may have been perpetrated, one needs to understand the magnitude and difficulty of this crime. Gold, because of its scarcity and value, is a closely monitored commodity. Gold traders across the world monitor supply and demand, and report regularly on web sites. They watch it so closely, that when unexplained amounts of gold on the market in the 1990s started to depress prices, they traced it to bullion bank sales of reserves.

The annual mining and production of physical gold contributes only about 2,500 tons per year. The price of gold has remained relatively stable from 1992 to 2003. Had there been a significant ‘dump’ of illegal gold in the magnitude of 2,000 to 3,000 tons or more in a short span of time, the transaction would have been easily identified by the market watchers as laundering activity.

KEY POINT: Hence, illegal gold from Russia, Switzerland or the Philippines would have had to been moved into the market slowly, with a credible paper trail.

The strategy for laundering gold without depressing prices would have been a rate of laundering in the range of 10% of market supply and demand, possibly 200 to 300 tons per year. Anyone sitting on stolen gold could not dump it immediately, but would require institutional help in laundering 5% to 10% of the hoard per year, over ten to fifteen years – unless they got greedy, and wanted a faster payout.

GOLD-BACKED BONDS, CANTOR FITZGERALD, AND THE OFFICE OF NAVAL INTELLIGENCE

A small and unseemly clue opened the door to an investigation which suggests that Cantor Fitzgerald, at the top of the North Tower of the World Trade Center, and the Office of Naval Intelligence (ONI), in the Pentagon, were specific and related targets of the 9/11 attacks. This theory is corroborated by a wide range of information, which taken together suggests that while the attacks on the WTC may have been initiated to bring to an end to their investigations into money and gold laundering, the actual timing of September 11 was set by George Bush Sr. to cover his tracks left by a ten-year-old securities fraud in which he partnered with the Russian oligarchs and rogue KGB that overthrew the Soviet government.

This fraud is linked to the banks and accounts which were a part of the Bank of New York money laundering scandal and the Marcos gold theft, which served as the collateral for the securities. When one begins to ponder why investigations into what may be the world’s largest money-laundering scandal – the Bank of New York/Russian mafia scandal – was completely sidestepped by the U.S. judicial system, or why the Enron losses were never fully tracked down, the answer is found in the revelation that these were extensions of a Bush family foreign policy to decimate the Soviet Union. Had the tragic events of 911 not happened on September 11, 2001, exposure of an illegal foreign policy and crimes that have enriched the Bush family, their political and business network and, of course, the German-Swiss bankers, and their U.S. counterparts would have been discovered.

Just as the FBI offices on the 23rd floor of the North Tower seem to have been targeted with explosives, both Cantor Fitzgerald (North Tower) and the Office of Naval Intelligence (Pentagon) seem to have been targeted for assured destruction by near-direct hits from alleged hijacked airliners. A new target needs to be added to this list: Eurobrokers who were housed in the South Tower.

There were only three companies in the WTC that serviced government securities and “repos.” (A repurchase agreement -“repo” or “RP”- is a sale of securities coupled with an agreement to repurchase the securities at a higher price on a later date):

Had the towers not collapsed, it is fair to surmise that the three government bond operations would have been effectively compromised. Of the three bond traders, Cantor Fitzgerald was by far the largest, being the largest government securities trader in the world and moving up to a half of the U.S. securities.

Co-incidentally, in August of 2001, Deutsche Bank, the bank of origin for numerous illegal stock trades or “put options” made in the days preceding the attack, had just signed an agreement with Cantor Fitzgerald to install Cantor Fitzgerald’s eSpeed trading system.

– Illegal trades were reported on September 11, which had to be government securities trades, as the stock markets had not yet opened.

– Computers at Cantor Fitzgerald are known to have hosted programs that simulate attacks on U.S. securities.

– These programs should have been operational on September 11 as part of a broader synchronization of Department of Defense War Games.

– The terrorist attack on the financial center of the US failed to bring down any core trading system or Cantor Fitzgerald’s eSpeed trading system.

– The only trading system that reported problems was the securities clearing and settlement system, which publicly attributed its problems to communication failures with the Bank of New York.

– Federal Reserve and the Elimination of Regulatory Control, the Clearing process was hung up for weeks on an inability to “match,” although the matching data is reported to have been whole. This issue has never been publicly addressed in any article or speech by the Federal Reserve, and can only be identified by the ‘orders’ issued by the Federal Reserve in the aftermath of September 11. This ‘matching’ had nothing to do with the Bank of New York’s telecommunications problems, and had everything to do with missing seller data and certificates.

Cantor Fitzgerald has been reported as the “holder” of $240 billion of ten-year old Durham/Brady Bonds that were due on or around September 11th. (There are no officially named “Brady Bonds” from the “Brady Plan” for the Russian debt; but because of the similar purpose of these $240 billion in bonds, they are continually referred to in the press as such. These bonds were reported to have been put into the market by Alan Greenspan, Oliver North, and George Bush Sr. in 1991, backed by gold securities and Swiss gold bullion, backed (in full or part) by the “Durham Trust”.

KEY POINT: The interesting aspect of these accusations is that the Chairman of the Federal Reserve– a privately held, commercial group of banks – and the President of the United States are reported to have illegally created these securities, and the ONI – destroyed in the attack on the Pentagon – was hot on the trail of these securities.

The exposure of these bonds and the testimony that their settlement date coincided with 9/11 support a theory that Cantor Fitzgerald was a specific target of the attack. It would certainly provide a compelling argument of motive for administration complicity in the attack. Having $240 billion in bonds fail in public might cause a crisis, such as that predicted by the Russian Intelligence and the Dresdner Bank. The Russians and Germans were forecasting a financial catastrophe for late August of 1991. Their ability to do so is consistent with the documentation that the bonds were made payable in Deutschmarks and Yen, and were used by George Bush Sr. to buoy (or buy) the Russian economy in early September 1991, a few days after the collapse of the Soviet Union. The Russian and German ability to foresee this matter is also consistent with the not-widely-reported ‘fake advice notices’ used to steal $220 billion from the Soviet Treasury. Both the Russians, who received the funding, and the Germans (via Deutsch Bank), who were also involved in the transaction, were in a position to understand the magnitude of the financial crisis created by the inability to settle these bonds.

Once the illegal trades were in the system, they would have to be settled with the Federal Reserve. It might be a little difficult to sweep $240 billion in illegal transactions under the carpet. Coincidentally, the attack on the WTC has been the only occasion in which the emergency powers of the Securities and Exchange Act have been enacted, which allow the Chairman of the Federal Reserve to not only over-ride the formal settlement process, but virtually every control on reporting and ownership as well. If the transactions had to be swept under the carpet, September 11 was the only time in US history that it could be done.

FEDERAL RESERVE AND THE ELIMINATION OF REGULATORY CONTROL

A review of actions taken by the Federal Reserve in the days and weeks following the attack on the WTC reinforces the theory that the attack was used to cover up illegal trades with the support of the Federal Reserve. Hence, the SEC activities following the attack on the WTC could only have happened with the approval of those who owned the Federal Reserve Banks.

The Bank of New York would continue to be at the center of virtually every money laundering scandal coming out of Russia, including Alexander Konanykhine’s European Union Bank (of Antigua) and Mikhail Khodorkovsky’s Bank Menatep, and Nordex. Now, it would be identified as the bond clearing house to be at the center of failed communications as $240 billion in fraudulent bonds were settled under suspicious circumstances in the aftermath of September 11. The Federal Reserve would be reported by records unofficially released from the Office of Naval Investigation as having been involved in a number of secretive transactions in 1990 and 1991 that ranged between $60 and $100 billion dollars. In these transactions, the money moved through the Hong Kong Shanghai Bank (London), Chase Manhattan Bank, Key Bank (Ogden) and the MidAtlantic National Bank.

The Bank of New York has been able to fend off any serious investigation from Federal agencies regarding these various money-laundering schemes, but only with a tremendous amount of political support, and lack of outcry from the American public. As far as the public was concerned, this was Russian money – and, therefore, had little effect on their lives. The exposure of the Brady/Durham bond fraud would have been too impactful for the American public to ignore. The regulations of the SEC would have resulted in an immediate exposure of this crime during settlement. Hence, the only option available to the people that pulled this fraud together was to create a national emergency which would allow the Federal Reserve board to suspend the SEC regulations, and the clearing agencies (Bank of New York and GSCC) to mask their operations.

KEY POINT: This national emergency was the attack on the World Trade Center.

As a result of having had a dry run at this situation only the year before during the naval war games, the management of the Federal Reserve had a precise strategy of how to deal with this situation. Within hours of the attack on the WTC:

“…the Commission for the first time invoked its emergency powers under Securities Exchange Act Section 12(k) and, on Friday September 14, issued several orders and an interpretive release to ease certain regulatory restrictions temporarily. Last Friday, September 21, we extended this relief for an additional five business days.” [Testimony Concerning The State of the Nation’s Financial Markets in the Wake of Recent Terrorist Attacks, Harvey L. Pitt, Chairman, U.S. Securities & Exchange Commission Before the Committee on Financial Services United States House of Representatives, September 26, 2001]

Recall, however, that this national emergency was declared even though the entire system remained whole, and as documented earlier, none of the trading data was lost.

If the Federal Reserve had to cover-up the elimination of $240 billion in bogus securities, they could not let the volume of capital shrink by that much in the time of a monetary crisis. They would have had to push excess liquidity into the market, and then phase it out for a soft landing, which is exactly what appears to have happened. In about two months, the money supply was back to where it was prior to 9/11.

The need for an extra $300 billion in liquidity at the time of the “crisis” seems to be a bit of a mystery, and there has not been a significant effort to explain it. The immediate demand for cash (ATM machines, checking accounts etc.) never exceeded $2 billion. The U.S. banks had already agreed amongst themselves not to force balance settlements, so the Federal Reserve ‘loans’ which were supposedly necessary to save the banking system never needed to happen. The SEC had indicated the financial companies could continue financial reporting as if any transactions from that day had never occurred. Most importantly, all the transactions pumped into the WTC financial centers were replicated in their Disaster Recovery sites, which were up and running in two days.

WHY THE BANKING SYSTEM REALLY NEEDED A $300 BILLION INFUSION

With the regulatory changes that followed in the immediate aftermath of the attack on the WTC, it was not the banking system that required a $300 billion monetary infusion. The $300 billion was required for something else. This report hypothesizes that the delays in structuring settlements of “fails” were caused by an absence of matching buy/sell records, because the trade data was actually provided by a program run from a war game simulation server from within the WTC and connected to the trading system. The fraudulent bonds were put up for a settlement that was not forthcoming, and in the settlement process at the Fed, were replaced with new Federal Reserve securities.

KEY POINT: The bogus bonds were replaced with legitimate U.S. debt, and the $240 Billion in bogus bonds were written off the books as the Fed’s reduction in the temporary boost in M3 required to “prevent a crisis.”

The only conclusion one could reach is that if there were $240 billion in illegal securities in circulation, all due at once, one could not imagine a more opportune moment to make those securities disappear than the suspension of all regulations and the perceived justification to increase the monetary supply by at least twice that amount. The coincidence of these two situations happening at the same time, by accident, can only be described as highly improbable.

911 WAS DEVISED TO COVER UP MANY CRIMES

This report hypothesizes that once it was determined to support the destruction of the WTC to derail investigations into Swiss and German gold accounts, the actual attack was postponed and timed to coincide with the need to resolve the fraudulent bond deal. Given that the same international banking cartel was involved in all the crimes mentioned, and that the Bush covert operations of 1991 stood as the source of all of them, it probably matters little if one or more of these crimes provided the key motivation.

THE NAVAL INTELLIGENCE THREAT

There are a number of public sources of information that suggest that the Office of Naval Intelligence (ONI) represented a threat to the Bush administration, and the alleged Greenspan/Bush $240 Billion security fraud. The threat manifested itself in a number of different manners, through a number of individuals – suggesting that the friction between the Bush organization and the Office of Naval Intelligence was more than personal, it was institutional. At an organizational level, it is reported that the ONI was at odds with Bush and his primary enforcement agencies- the CIA and NSA.

HUFFMAN FLIGHT SCHOOL

The Huffman Flight School garners the most media attention, for at least four reasons. First, it was the primary training school for Mohammed Atta and four of his reported ‘cell member’ colleagues from Hamburg. Second, it is also known that recruiting for the school was actively conducted by Yeslam Bin Laden, brother of Osama Bin Laden. Third, the school was responsible for training of the bin Laden family pilots for SICO, it’s Swiss investment arm, run by two former BCCI agents. Fourth, the school has an intriguing story behind its ownership. Actual financial ownership of the school has not been thoroughly documented, but the consensus appears to be that it was under the ownership of Oryx Investments, an investment holding company formed in Dubai by Adnan Khashoggi, Sheik Kamal Adham, director of Saudi intelligence (1963-79), Prince Nawaf bin Abdul Aziz (a major investor in Barrick) and Wallace J. Hilliard.

Wally Hilliard is a semi-retired insurance entrepreneur/multi-millionaire, and many observers – including the FBI – view him as an innocent victim in his connections to the terrorists. Unfortunately, while Wally Hilliard continues to claim he was duped, many of his business partners have well documented links to the intelligence and criminal underworlds. He also appears to have political friends that might ensure his protection from any prosecution. Wally made his first fortune by selling an insurance company – Employers Health -that he had co-founded in Green Bay. That company was sought for purchase by the Fireman’s Fund Insurance, whose Chairman was Myron Du Bain. Myron, it seems, was a close associate of John McCone (former CIA Director), and they held simultaneous seats on the boards of several major financial institutions, including the United California Bank. It is fair to speculate that Myron is responsible for introducing Wally to the fast paced world of weapons merchants and drug smugglers. Significantly, he and his investment partner in Oryx, Adnan Khashoggi, have spent several years attempting to establish businesses in Cuba.

TREASON: WHO TERRORIZED AMERICANS AND THE WORLD ON 9-11? Part3

Today, September 11, 2020, we repost this article that began our quest for truth

THE IRAN-CONTRA/AZERBAIJAN CRIMINAL SYNDICATE

BUSH’S ILLEGAL, COVERT SUPPORT OF AZERBAJAN

WARS FOR PIPELINES AND HEROIN DIVERSION FOR MONEY LAUNDERING

A PATTERN EMERGES AS TIME UNFOLDS TRUTH

CLUES THAT POINT TO MONEY LAUNDERING

RIGGS BANK AND RUSSIA

YELTSIN FAMILY AND THE INVESTIGATIONS IN THE WORLD TRADE CENTER

GERMAN AND SWISS GOLD HOLDINGS OF THE NAZI, MARCOS, AND OTHERS

WHAT HAPPENED TO THE MARCOS GOLD?

THE BARRICK-BANK CARTEL CONNECTION

LINK BETWEEN THE WTC, ILLEGAL GOLD, AND MONEY LAUNDERING

THE UNMENTIONED LOSS OF WTC 6

GOLD TRADING AND MONEY LAUNDERING INVESTIGATIONS CANCELLED BY DESTRUCTION OF THE WTC

HOW IS GOLD BEING LAUNDERED?

WHAT TO DO WITH TONS OF ILLEGAL GOLD

GOLD LAUNDERING – THE PROCESS

GOLD-BACKED BONDS, CANTOR FITZGERALD, AND THE OFFICE OF NAVAL INTELLIGENCE

FEDERAL RESERVE AND THE ELIMINATION OF REGULATORY CONTROL

WHY THE BANKING SYSTEM REALLY NEEDED A $300 BILLION INFUSION

911 WAS DEVISED TO COVER UP MANY CRIMES

THE NAVAL INTELLIGENCE THREAT

HUFFMAN FLIGHT SCHOOL

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