CIA ACCUSED OF ILLEGAL BANK DEALS

Bishop, Baldwin, Rewald, Dillingham & Wong (BBRDW).

One of the CIA’s major money laundering fronts in Honolulu was the firm of Bishop, Baldwin, Rewald, Dillingham & Wong (BBRDW). After the CIA allowed the firm to collapse in 1983 amid charges that BBRDW was merely a Ponzi scheme, Senator Daniel Inouye of the US Senate Intelligence Committee said the CIA’s role in the firm “wasn’t significant.” It would later be revealed that Inouye, who was one of the late Alaska Senator Ted Stevens’s best friends in the Senate, was lying. In fact, BBRDW was involved heavily in funding covert CIA programs throughout Asia, including economic espionage against Japan, providing arms for Afghan mujaheddin guerrillas in their war against the Soviets and covertly supplying weapons to Taiwan. One of BBRDW’s principals was John C. “Jack” Kindschi, who, before he retired in 1981, was the CIA station chief in Honolulu. BBRDW’s chairman Ron Rewald had a counterfeit college degree certificate provided for the wall of his office by the CIA’s forgery experts and his name was inserted in university records as an alumnus.

Theodore Fulton Stevens Sr. was an American politician and lawyer who served as a U.S. Senator from Alaska from 1968 to 2009. He was the longest-serving Republican Senator in history at the time he left office, though his record was later surpassed in January 2017 by Utah Senator Orrin Hatch. Wikipedia

Born: November 18, 1923, Indianapolis, IN

Died: August 9, 2010, Dillingham, AK

Stevens was born November 18, 1923, in Indianapolis, Indiana, the third of four children,^[10][11] in a small cottage built by his paternal grandfather after the marriage of his parents, Gertrude S. (née Chancellor) and George A. Stevens. The family later lived in Chicago, where George Stevens was an accountant before losing his job during the Great Depression.^[11][12] Around this time, when Ted Stevens was six years old, his parents divorced, and Stevens and his three siblings went back to Indianapolis to reside with their paternal grandparents, followed shortly thereafter by their father, who developed problems with his eyes and went blind for several years. Stevens’s mother moved to California and sent for Stevens’s siblings as she could afford to, but Stevens stayed in Indianapolis helping to care for his father and a mentally disabled cousin, Patricia Acker, who also lived with the family. The only adult in the household with a job was Stevens’s grandfather. Stevens helped to support the family by working as a newsboy, and would later remember selling many newspapers on March 1, 1932, when newspaper headlines blared the news of the Lindbergh kidnapping.^[11]

Stevens in the Redondo High School Class of 1942 Yearbook

In 1934 Senator Stevens’s grandfather punctured a lung in a fall down a tall flight of stairs, contracted pneumonia, and died.^[11] Stevens’s father, George, died in 1957 in Tulsa, Oklahoma, of lung cancer.^[12] Stevens and his cousin Patricia moved to Manhattan Beach, California in 1938, by which time both of Stevens’s grandparents had passed away,^[6] to live with Patricia’s mother, Gladys Swindells.^[11] Stevens attended Redondo Union High School, participating in extracurricular activities including working on the school newspaper and becoming a member of a student theater group, a service society affiliated with the YMCA, and, during his senior year, the Lettermen’s Society. Stevens also worked at jobs before and after school,^[12] but still had time for surfing with his friend Russell Green, son of the president of Signal Gas and Oil Company, who remained a close friend throughout Stevens’s life.^[11]

Military service[edit]

Stevens while serving, 1943

After graduating from high school in 1942, Senator Stevens enrolled at Oregon State University to study engineering,^[13] attending for a semester.^[11] With World War II in progress, Stevens attempted to join the Navy and serve in naval aviation, but failed the vision exam. He corrected his vision through a course of prescribed eye exercises, and in 1943 he was accepted into an Army Air Force Air Cadet program at Montana State College.^[11][13] After scoring near the top of an aptitude test for flight training, Stevens was transferred to preflight training in Santa Ana, California; he received his wings early in 1944.

The Pacific Aviation Museum Pearl Harbor displays a collection of Stevens’s wartime photos and souvenirs in connection to his flying supplies to the Flying Tigers.

Senator Stevens and President George W. Bush with World War II Veterans of the 322nd Troop Carrier Squadron, 2006

Stevens served in the China-Burma-India theater with the Fourteenth Air Force Transport Section, which supported the “Flying Tigers“, from 1944 to 1945. He and other pilots in the transport section flew C-46 and C-47 transport planes, often without escort, mostly in support of Chinese units fighting the Japanese.^[11] Stevens received the Distinguished Flying Cross for flying behind enemy lines, the Air Medal, and the Yuan Hai Medal awarded by the Chinese Nationalist government.^[11] He was discharged from the Army Air Forces in March 1946.^[11]

A false history for BBRDW was concocted by the CIA claiming the firm had operated in Hawaii since it was a territory. President Obama is currently plagued by allegations that he has fake college and university transcripts, a phony social security number issued in Connecticut, and other padded resume items. Did Hawaii’s fake BBRDW documents portend today’s questions about Obama’s past?

BBRDW conducted its business in the heart of Honolulu’s business district, where the Bank of Hawaii was located and where Obama grandmother Madelyn Dunham ran the escrow accounts. The bank would handle much of BBRDW’s covert financial transactions.

Manchurian Candidate?

Obama/Soetoro and the “years of living dangerously” in Jakarta

It is clear that Dunham Soetoro and her Indonesian husband, President Obama’s step-father, were closely involved in the CIA’s operations to steer Indonesia away from the Sino-Soviet orbit during the “years of living dangerously” after the overthrow of Sukarno. WMR has discovered that some of the CIA’s top case officers were assigned to various official and non-official cover assignments in Indonesia during this time frame, including under the cover of USAID, the Peace Corps, and the U.S. Information Agency (USIA).

One of the closest CIA contacts for Suharto was former CIA Jakarta embassy officer Kent B. Crane. Crane was so close to Suharto after “retiring” from the CIA, he was reportedly one of the only “private” businessmen given an Indonesian diplomatic passport by Suharto’s government. Crane’s company, the Crane Group, was involved in supplying small arms to the military forces of the United States, Indonesia, and other nations. A foreign policy adviser to Vice President Spiro Agnew, Crane was later nominated as U.S. ambassador to Indonesia by President Ronald Reagan but the nomination was dead-on-arrival because of Crane’s dubious links to Suharto. The ambassadorship would instead go to John Holdridge, a close colleague of Kissinger. Holdridge was succeeded in Jakarta by Paul Wolfowitz.

Suharto’s cronies, who included Mochtar and James Riady of the Lippo Group, would later stand accused of funneling over $1 million of illegal foreign contributions to Bill Clinton’s 1992 presidential campaign.
President Obama has twice postponed official state visits to Indonesia, perhaps fearful of the attention such a trip would bring to the CIA connections of his mother and Indonesian step-father.

In the 1970s and 80s, Dunham was active in micro-loan projects for the Ford Foundation, the CIA-linked East-West Center, and USAID in Indonesia. One of the individuals assigned to the U.S. embassy and helped barricade the compound during a violent anti-U.S. student demonstration during the 1965 Suharto coup against Sukarno was Dr. Gordon Donald, Jr. Assigned to the embassy’s Economic Section, Donald was responsible for USAID micro-financing for Indonesian farmers, the same project that Dunham Soetoro would work on for USAID in the 1970s, after her USAID job of teaching English in Indonesia. In a 1968 book, “Who’s Who in the CIA,” published in West Berlin, Donald is identified as a CIA officer who was also assigned to Lahore, Pakistan, where Dunham would eventually live for five years in the Hilton International Hotel while working on microfinancing for the Asian Development Bank.

One of the CIA’s major money laundering fronts in Honolulu was the firm of Bishop, Baldwin, Rewald, Dillingham & Wong (BBRDW). After the CIA allowed the firm to collapse in 1983 amid charges that BBRDW was merely a Ponzi scheme, Senator Daniel Inouye of the US Senate Intelligence Committee said the CIA’s role in the firm “wasn’t significant.” It would later be revealed that Inouye, who was one of the late Alaska Senator Ted Stevens’s best friends in the Senate, was lying. In fact, BBRDW was involved heavily in funding covert CIA programs throughout Asia, including economic espionage against Japan, providing arms for Afghan mujaheddin guerrillas in their war against the Soviets and covertly supplying weapons to Taiwan. One of BBRDW’s principals was John C. “Jack” Kindschi, who, before he retired in 1981, was the CIA station chief in Honolulu. BBRDW’s chairman Ron Rewald had a counterfeit college degree certificate provided for the wall of his office by the CIA’s forgery experts and his name was inserted in university records as an alumnus.

A false history for BBRDW was concocted by the CIA claiming the firm had operated in Hawaii since it was a territory. President Obama is currently plagued by allegations that he has fake college and university transcripts, a phony social security number issued in Connecticut, and other padded resume items. Did Hawaii’s fake BBRDW documents portend today’s questions about Obama’s past?

BBRDW conducted its business in the heart of Honolulu’s business district, where the Bank of Hawaii was located and where Obama grandmother Madelyn Dunham ran the escrow accounts. The bank would handle much of BBRDW’s covert financial transactions.

Manchurian Candidate?

Obama/Soetoro and the “years of living dangerously” in Jakarta

It is clear that Dunham Soetoro and her Indonesian husband, President Obama’s step-father, were closely involved in the CIA’s operations to steer Indonesia away from the Sino-Soviet orbit during the “years of living dangerously” after the overthrow of Sukarno. WMR has discovered that some of the CIA’s top case officers were assigned to various official and non-official cover assignments in Indonesia during this time frame, including under the cover of USAID, the Peace Corps, and the U.S. Information Agency (USIA).

One of the closest CIA contacts for Suharto was former CIA Jakarta embassy officer Kent B. Crane. Crane was so close to Suharto after “retiring” from the CIA, he was reportedly one of the only “private” businessmen given an Indonesian diplomatic passport by Suharto’s government. Crane’s company, the Crane Group, was involved in supplying small arms to the military forces of the United States, Indonesia, and other nations. A foreign policy adviser to Vice President Spiro Agnew, Crane was later nominated as U.S. ambassador to Indonesia by President Ronald Reagan but the nomination was dead-on-arrival because of Crane’s dubious links to Suharto. The ambassadorship would instead go to John Holdridge, a close colleague of Kissinger. Holdridge was succeeded in Jakarta by Paul Wolfowitz.

Suharto’s cronies, who included Mochtar and James Riady of the Lippo Group, would later stand accused of funneling over $1 million of illegal foreign contributions to Bill Clinton’s 1992 presidential campaign.
President Obama has twice postponed official state visits to Indonesia, perhaps fearful of the attention such a trip would bring to the CIA connections of his mother and Indonesian step-father.

In the 1970s and 80s, Dunham was active in micro-loan projects for the Ford Foundation, the CIA-linked East-West Center, and USAID in Indonesia. One of the individuals assigned to the U.S. embassy and helped barricade the compound during a violent anti-U.S. student demonstration during the 1965 Suharto coup against Sukarno was Dr. Gordon Donald, Jr. Assigned to the embassy’s Economic Section, Donald was responsible for USAID micro-financing for Indonesian farmers, the same project that Dunham Soetoro would work on for USAID in the 1970s, after her USAID job of teaching English in Indonesia. In a 1968 book, “Who’s Who in the CIA,” published in West Berlin, Donald is identified as a CIA officer who was also assigned to Lahore, Pakistan, where Dunham would eventually live for five years in the Hilton International Hotel while working on microfinancing for the Asian Development Bank. https://www.voltairenet.org/article166759.html

By Joel Glenn Brenner https://www.washingtonpost.com/archive/business/1990/03/21/cia-accused-of-illegal-bank-deals/4ba52945-186b-4d1e-ad39-3848b2476344/

March 21, 1990

The First National Bank of Maryland in Baltimore has helped the Central Intelligence Agency launder money, set up secret bank accounts and purchase arms, according to a former vice president at the bank who said he was ordered to handle the illegal transactions.

Robert Maxwell, a former manager of international letters of credit at First National, left the bank in 1985, taking with him dozens of documents linking the bank with weapons deals arranged by Associated Traders Corp., a now-defunct arms dealer that he said was a CIA “front” operation.

Maxwell said that between 1983 and 1985, the bank asked him to help construct a complicated money trail for Associated Traders that would hide transactions valued at more than $20 million for the financing of rifles, machine guns, ammunition, radio transmitters and other items.

Former CIA agent David MacMichael, who has reviewed the documents, said, “They seem to be fairly typical of CIA operations. The CIA has to do its banking somehow.”

Maxwell’s allegations, outlined at a press conference yesterday, come on the heels of recent articles in the Houston Post alleging CIA involvement in covert financial operations with many failed banks and savings and loan institutions. The House Intelligence Committee is looking into those reports to decide whether to proceed with a formal investigation.

MacMichael, who is the director of the Association of National Security Alumni, an organization of former intelligence officials who oppose clandestine operations, said Maxwell’s charges are yet another window into the CIA’s use of the U.S. banking system to conduct its operations.

Big Bamboozle says BCCI help Bush admin finance traing 911 terrorist, used Al Queda as fall guys. Reall was Saudi gov (that funded CIA creation of Barrack Obama Jr)

BCCI – The Special Bank To get a glimpse of the world-wide roots of black operations and their ties of the administrations of the elder Bush and his son to Saudi Arabia and international terrorism, it is helpful to look at the case of the Bank of Credit & Commerce International, or BCCI. Time magazine ran a cover story on June 29, 1991, that was so sensational and so profoundly disturbing that no one seemed able to put their arms around it. It, was too bad to be true. Perhaps the mind set was, if we ignored it, it would simply go away. It couldn’t be as bad as all that. Could it? [1] Judging from the mild reaction to Time’s revelations, Americans could not believe that there was a new criminal thread within the upper floors of the U.S. government actually cooperating with crooks, terrorists, political con artists and foreign dictators.

Time’s cover story of June 29, 1991, was titled: “The Dirtiest Bank of All.” The entire article is available at Time’s website but for now, here are some excerpts from the article. With the benefit of twenty years of research and fact checks, we can plainly see the footprints of our gang: Bush, Bandar, Mueller and the Intelligence Community** as they transport gold, cash and illicit drugs. Guess who was in the Oval Office** during this period. TIME MAGAZINE ARTICLE JUNE 29, 1991 “I could tell you what you want to know, but I must worry about my wife and family – they could be killed.” – a former top BCCI officer “We better not talk about this over the phone. We’ve found some bugs in offices that haven’t been put there by law enforcement.” – a Manhattan investigator probing BCCI —Nothing in the history of modern financial scandals rivals the unfolding saga of the Bank of Credit & Commerce International, the $20 billion rogue empire that regulators in 62 countries shut down early this month in a stunning global sweep. —Never has a single scandal involved so much money, so many nations or so many prominent people. Superlatives are quickly exhausted: it is the largest corporate criminal enterprise ever, the biggest Ponzi scheme, the most pervasive money-laundering operation and financial supermarket ever created for the likes of Manuel Noriega, Ferdinand Marcos, Saddam Hussein and the Colombian drug barons. BCCI even accomplished a stealth-like invasion of the U.S. banking industry by secretly buying First American Bankshares, a Washington-based holding company, whose chairman is a former U.S. Defense Secretary. —But BCCI is more than just a criminal bank. Time has pieced together a portrait of a clandestine division of the bank called the “black network,” which functions as a global intelligence operation and a Mafia-like enforcement squad … (which) has used sophisticated spy equipment and techniques, along with bribery, extortion, kidnapping and even, by some accounts, murder. The black network – so named by its own

members – stops at almost nothing to further the bank’s aims the world over. —The more conventional departments of BCCI handled such services as laundering money for the drug trade and helping dictators loot their national treasuries. The black network, which is still functioning, operates a lucrative arms-trade business and transports drugs and gold. —According to investigators and participants in those operations, it often works with Western and Middle Eastern intelligence agencies. The strange and still murky ties between BCCI and the intelligence agencies of several countries are so pervasive that even the White House has become entangled. —The National Security Council used BCCI to funnel money for the Iran-Contra deals, and the CIA maintained accounts in BCCI for covert o noperations. Moreover, investigators have told Time that the Defense Intelligence Agency has maintained a slush-fund account with BCCI, apparently to pay for clandestine activities.”

As described in The Commission, a stonewall was set up at the White House** to avoid any explanation of the incompetent military response on 9/11. There were plenty of points toward a scary super-terrorist that was lurking behind a dark cloud of sketchy new threats while nearly three years would pass before Condoleezza Rice**, the National Security Advisor on 9/11, would finally testify before the 9/11 Commission in 2004. Dr. Rice testified that at 8:55, when she telephoned the President, after the Air Force had scrambled fighters and the World Trade Center was ablaze, she had informed the President that “a twin engine plane had crashed into the north tower” and “that’s all we know.” But, as we have seen, there was no mystery – among dozens at the FAA and in the federal communications loop – as to what had happened: American Airlines Flight 11, a heavy Boeing 767, had been hijacked and purposely crashed into the north tower of the World Trade Center. By dodging questions we are left with one innocent explanation, that she simply forgot t

Condoleezza Rice

Former United States Secretary of State

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Born: November 14, 1954 (age 67 years), Birmingham, AL

Education: KorbelCareers (OCPD), Josef Korbel School of International Studies, More

Previous offices: United States Secretary of State (2005–2009), More

Party: Republican Party

The 9/11 Commission would later attempt to learn why the entire system of defense had failed, from CIA** to FBI** to Air Force** to the Administration** to airline security. It was a total, catastrophic defeat of American nation security, so, naturally, they asked the National Security Advisor** for insight. After much resistance and painful negotiation between the 9/11 Commission and White House counselor Alberto Gonzales, Rice was finally placed under oath in testimony April 8, 2004.