Why
I Wrote This Story
A tapeworm injects chemicals into a host that causes the host to crave what is good
for the tapeworm. In America, we despair for our deterioration, but we crave the next
injection of chemicals from the Tapeworm ... |
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1.
Brady, Bush, Bechtel & “the Boys”
Dillon Read’s Chairman, Nicholas F. Brady, was considered one of George H. W.
Bush’s most intimate friends and advisors ... |
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2. A
Rothschild Man
The French Rothschilds, in response to the nationalization of Banque Rothschild by
President Mitterrand, moved significant operations and focus to the U.S. ... |
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3. RJR
Nabisco
In 1984 and 1985, Dillon Read helped RJR merge with Nabsico Brands, making the combined
RJR Nabisco one of the world’s largest consumer products corporations ... |
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4. Narco
Dollars in the 1980s — Mena, Arkansas; South Central L.A.
Gary Webb’s "Dark Alliance" story was persuasive that the U.S. government
and their allies were involved in narcotics trafficking ... |
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5. Leveraged
Buyouts
Perhaps KKR had simply sheltered one of the world's premier money laundering networks
and, behind the veil of a private company, taken this network to a whole new level
... |
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6. A
Parting of the Ways
That was when I decided that we might be losing sight of the line between financial
engineering and financial fraud. I left the boardroom to make a call to Washington,
D.C. There was nothing else to learn at Dillon Read ... |
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7. “HUD
is a Sewer”
When I told Nick Brady in 1989 that I was going to work at HUD, he said, “You
can’t go to HUD — HUD is a sewer.” |
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8. Dillon’s
Investment in Cornell
To understand Dillon’s investments in Cornell it is essential to understand who
governed Dillon Read, who at Dillon invested personally, as well as who at Dillon
helped to govern the venture funds that invested in Cornell ... |
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9. Cornell
Corrections
Cornell arranged for the prison to be constructed by Brown & Root of Houston,
Texas, a subsidiary of Halliburton.
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10. The
Clinton Administration: Progressives for For-Profit Prisons
The Clinton Administration took the groundwork laid by Nixon, Reagan and Bush and
embraced the promotion of federal support for police, enforcement and the War on Drugs
with a passion that was hard to understand ... |
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11. Hamilton
Securities Group
One of Hamilton Securities’ goals was to map out how the flows of money worked
in the U.S. and create software tools that would make this information accessible
to communities ... |
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12. A
Note on Protecting the Brand with Dirty Tricks
The supremacy of the central banking-warfare investment model that has ruled our planet
for the last 500 years depends on being able to combine the high margin profits of
organized crime with a low cost of capital ... |
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13. “You
are Going to Prison” — 1996
One day I was a wealthy entrepreneur with a successful business and money in the bank.
The next day I was hunted, business assets seized, living through eighteen audits
and investigations, a smear campaign directed not just at me but also members of my
family ... |
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14. Enforcement
Terrorism — 1997
My favorite Judge Sporkin quote was his retort from the bench, something to the effect
of “I disagree with the law and if you have a problem with that, take it up with
Congress.”
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15. Dillon
Read — Cashing Out on Cornell
These are the kind of profits you get when you buy stock for a price of $3.8 million
and several years later sell that stock for $29.9 million — or an almost 800%
increase on your investment ... |
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16. Financial
Coup d’Etat — 1998
In June of 1999, Richard Grasso, Chairman of the New York stock exchange, went to
Colombia to visit a Revolutionary Armed Forces of Colombia Commander to encourage
him to reinvest in the New York Stock Exchange ...
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17. Private
Banking & the Profitable Liquidation of Every Place
An all-to-familiar impersonal financial mechanism was now in place that created yet
another incentive system with global reach, to drive the financial returns of investors
up by driving down the Popsicle Index of faceless people and communities, far removed.
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18. Through
the Via Dolorosa
The Via Dolorosa is the street in the Old City of Jerusalem which Jesus is said to
have walked on the way to his crucifixion. It means “the way of grief.”
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