Tuesday, August 31, 2004

Drugs, money and terrorists: How Kerry helped bring down BCCI

Excellent story by David Sirota and Jonathan Baskin about Kerry's work on during his years in the Senate. I think we need to sex up his work on BCCI (The bank that was a front for terrorist funding and laundering drug money) so that people will notice and appreciate it. People on both sides of the fence didn't want him to go after them but he kept at it, yet another example of his courage. What was W doing around this time? He was doing some insider trading at Harken. You know, the same stuff that Martha Stewart did and got jail time for?

With help from their auditing firm (Arthur Andersen) Harken Energy pioneers the practice of hiding massive debts through shell companies, seller-financed loans, insider loans and other securities fraud that became common practice at companies like ImClone, Enron, WorldCom and Adelphia, which later result in bankruptcy and mass hemorrhaging of the stock market

Thanks for the link amberglow!

1 Comments:

PusBoy said...

This is just another John Kerry flip-flop. First, he doesn't investigate fraudulent banks, and then he does. Which is it Mr. Kerry? Hmmmm????

9:45 AM  

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