Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
2016 Postmortem
In reply to the discussion: If you want to learn WHY Bill and Hillary Clinton are so close to Wall Street... [View all]Octafish
(55,745 posts)9. What Saddam Hussein Is To Bush, BCCI Scandal Could Be To Clinton
Democrats And Republicans Have High Expectations Of Scandal.
By ALEXANDER COCKBURN
The Philadelphia Inquirer, August 05, 1992
EXCERPT...
The election's "surprise" season has officially opened, with two July events, first Bush's chest-pounding over the U.N. inspectors and second in the July 29 indictment by the U.S. Justice Department of Clark Clifford and Robert Altman for their alleged concealment of BCCI's takeover of First American Bankshares, the financial institution of which they were officers. That second event impinges on Clinton.
Clifford is a man traditionally described as a senior statesman of the Democratic Party. More directly, Clinton's major financial backer in his drive for presidency has been the Little Rock-based Stephens family, notably billionaire Jackson Stephens.
Securities and Exchange Commission documents unearthed at the start of this year's primary season show that Stephens arranged the initial contacts between BCCI and First American, a fact which Republican appointees in the Justice Department will no doubt soon be reminding reporters.
The Clifford/Altman July surprise is one Republican antidote against unwelcome publicity about the financial conduct of Bush's sons, and against democratic "Iraq-gate" disclosures in the months to come. And we can already look forward to a brand-new October surprise now being organized by Secretary of State James Baker.
SNIP...
Imagine an exultant President Bush, flanked by Israelis and Palestinians, announcing on the White House lawn that at last, after a quarter of a century, thanks to his diplomacy, Israel would be able to live within secure borders, at peace with its neighbors, while simultaneously his Justice Department leaks flowcharts showing BCCI, its prime investor the Sheikh of Abu Dhabi, Stephens, Clifford and the Clinton campaign, all on the same piece of paper.
SOURCE: http://articles.philly.com/1992-08-05/news/25988752_1_karen-jansen-saddam-hussein-inspectors
PS: This is where the Buy Partisanship.
By ALEXANDER COCKBURN
The Philadelphia Inquirer, August 05, 1992
EXCERPT...
The election's "surprise" season has officially opened, with two July events, first Bush's chest-pounding over the U.N. inspectors and second in the July 29 indictment by the U.S. Justice Department of Clark Clifford and Robert Altman for their alleged concealment of BCCI's takeover of First American Bankshares, the financial institution of which they were officers. That second event impinges on Clinton.
Clifford is a man traditionally described as a senior statesman of the Democratic Party. More directly, Clinton's major financial backer in his drive for presidency has been the Little Rock-based Stephens family, notably billionaire Jackson Stephens.
Securities and Exchange Commission documents unearthed at the start of this year's primary season show that Stephens arranged the initial contacts between BCCI and First American, a fact which Republican appointees in the Justice Department will no doubt soon be reminding reporters.
The Clifford/Altman July surprise is one Republican antidote against unwelcome publicity about the financial conduct of Bush's sons, and against democratic "Iraq-gate" disclosures in the months to come. And we can already look forward to a brand-new October surprise now being organized by Secretary of State James Baker.
SNIP...
Imagine an exultant President Bush, flanked by Israelis and Palestinians, announcing on the White House lawn that at last, after a quarter of a century, thanks to his diplomacy, Israel would be able to live within secure borders, at peace with its neighbors, while simultaneously his Justice Department leaks flowcharts showing BCCI, its prime investor the Sheikh of Abu Dhabi, Stephens, Clifford and the Clinton campaign, all on the same piece of paper.
SOURCE: http://articles.philly.com/1992-08-05/news/25988752_1_karen-jansen-saddam-hussein-inspectors
PS: This is where the Buy Partisanship.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
49 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
If you want to learn WHY Bill and Hillary Clinton are so close to Wall Street... [View all]
Octafish
Mar 2016
OP
K&R....but...but...it's 'so 90's...' - the statutes of realization have apparently expired...
islandmkl
Mar 2016
#3
the role of Glass-Steagal in the economic crash as been debunked by both sides repeatedly. nt
Jitter65
Mar 2016
#6
pretty much the same trajectory for me. "the bell can't be unrung" <-- totally.
nashville_brook
Mar 2016
#21
Ms. Clinton was paid $225,000 by UBS to speak to the Wealth Management department on July 11, 2013.
Octafish
Apr 2016
#38
That was a walk down Memory Lane; Hillary's "commodities trading profits" were from that era
BernieforPres2016
Mar 2016
#25
President Obama thought this way once. He resisted using a Super PAC in 2012.
Trust Buster
Mar 2016
#28
Obama's Big Sellout: The President has Packed His Economic Team with Wall Street Insiders
Octafish
Apr 2016
#42
Willie Sutton (criminal) is alleged to have said (but he denied it): He robbed banks because
NCjack
Mar 2016
#30