ABC (the below-mentioned bank) is based in Bahrain, where the US stands by as hundreds of protesters are slaughtered, by the thug puppet Al Khalifa royal family and the Saudis (with US-built and sold weapons and tanks), whilst in Libya, the 'war' is on. Hello hypocrisy.
Arab Banking Corp is also part of the indirect Anglo-American banking empire, in this case the link being the UK branch of the Rothschilds who were advisors on this deal (see Wikileaks doc below).
The convergent timing of Ghaddafi balking at further BP advances into their oil holdings, his signing of massive new infrastructure deals with Russia and China, the formation of AFRICOM by the US Dept of Defense, the presence of al-Qaeda eminating from the main 'rebel' centers, and the initiation of North African operations by Xe (Blackwater) etc all add up to one big pile of pre-planned black-ops.
------------------------------------------------------------------------------------------------------------
Libya-Owned Bank Drew at Least $5 Billion From Fed
http://billionaires.forbes.com/article/05NzeYw6o7eCJ?q=Bloombergper Wikileaks:
http://91.214.23.156/cablegate/wire.php?id=08TRIPOLI126&search=UNCLAS TRIPOLI 000126
SENSITIVE
DEPT FOR NEA/MAG; COMMERCE FOR NATE MASON
E.O. 12958: N/A
TAGS:
SUBJECT: WAHDA BANK PRIVATIZATION BID WON BY JORDAN-BASED ARAB BANK
REF: 07 TRIPOLI 885
1.(SBU) In a move that adds momentum to Libya"s promising banking reform efforts, the Libyan Central Bank announced that the Jordan-based Arab Bank won the tendering process to buy 19 percent of Libya"s Wahda Bank. According to press reports, Arab Bank"s winning bid of 210 million euros ($310 million) easily outstripped the second highest bid of 121 million euros ($180 million) by Bahrain-based Arab Banking Corporation. Other short-listed bidders falling short of the mark were Morocco"s Attijariwafa Bank, Italy"s Intesa Sanpaolo. and French bank Societe Generale (Note: Societe Generale announced its withdrawal from the competition on February 12 for undisclosed reasons; Econoff subsequently learned the bank was uncomfortable with elements of the shareholding agreement. End Note). According to a fact sheet issued by Libya"s Central Bank, Wahda Bank is the country"s second largest commercial bank in terms of total loan portfolio, with a market share of over 20%. It is the fifth largest commercial bank in terms of total assets, with 1.7 billion euros ($2.6 billion) and 71 branches throughout the country.
2.(SBU) The shares obtained by Arab Bank were previously owned by the Libyan Economic and Social Development Fund (ESDF), which held 73 percent of Wahda before the sale. With this sale, the ESDF still has a majority stake of 54 percent, but Arab Bank will assume management control of Wahda. The remaining Wahda shares are currently held by the Libyan Central Bank (14 percent) and a collection of Libyan investors and companies (13 percent). Under the terms of its purchase, Arab Bank will have the right to eventually raise its stake in Wahda Bank to 51 percent over the next three to five years.
3.(SBU) Comment: This sale marks the second successful privatization of a Libyan commercial bank, following a similar deal struck with France"s BNP Paribas in its purchase of a 19 percent stake in Sahara Bank in September 2007 (reftel). The Central Bank continues to draw on foreign expertise for pushing through its banking reform strategy, with McKinsey and Company (strategic advisor), Rothschild (financial advisor), Baker and McKenzie (legal) and KPMG (accountants) all playing substantial roles. With the privatizations of Wahda and Sahara well in hand, the next target for the Central Bank will be solidifying its December 2007 merger of the state-owned Jamahiriya and Umma Banks into a single entity, the Libyan Bank. End comment.
STEVENS 0 02/18/2008
--------------------------------------------------------------------------------------------------------------------------------
2007 West Point Study: Shows Libyan Rebels Come From Main Al Qaeda Suicide Bomber Recruitment
http://www.americanpendulum.com/2011/03/2007-west-point-study-shows-libyan-rebels-come-from-main-al-qaeda-suicide-bomber-recruitmentThe current military attack on Libya has been motivated by UN Security Council resolution 1973 with the need to protect civilians. Statements by President Obama, British Prime Minister Cameron, French President Sarkozy, and other leaders have stressed the humanitarian nature of the intervention, which is said to aim at preventing a massacre of pro-democracy forces and human rights advocates by the Qaddafi regime.
But at the same time, many commentators have voiced anxiety because of the mystery which surrounds the anti-Qaddafi transitional government which emerged at the beginning of March in the city of Benghazi, located in the Cyrenaica district of north-eastern Libya. This government has already been recognized by France and Portugal as the sole legitimate representative of the Libyan people. The rebel council seems to be composed of just over 30 delegates, many of whom are enveloped in obscurity. In addition, the names of more than a dozen members of the rebel council are being kept secret, allegedly to protect them from the vengeance of Qaddafi. But there may be other reasons for the anonymity of these figures. Despite much uncertainty, the United Nations and its several key NATO countries, including the United States, have rushed forward to assist the armed forces of this rebel regime with air strikes, leading to the loss of one or two coalition aircraft and the prospect of heavier losses to come, especially if there should be an invasion. It is high time that American and European publics learned something more about this rebel regime which is supposed to represent a democratic and humanitarian alternative to Gaddafi. The rebels are clearly not civilians, but an armed force. What kind of an armed force?
Since many of the rebel leaders are so difficult to research from afar, and since a sociological profile of the rebels cannot be done on the ground in the midst of warfare, perhaps the typical methods of social history can be called on for help. Is there a way for us to gain deeper insight into the climate of opinion which prevails in such northeastern Libyan cities as Benghazi, Tobruk, and Darnah, the main population centers of the rebellion?
It turns out that there is, in the form of a December 2007 West Point study examining the background of foreign guerrilla fighters — jihadis or mujahedin, including suicide bombers — crossing the Syrian border into Iraq during the 2006-2007 timeframe, under the auspices of the international terrorist organization Al Qaeda. This study is based on a mass of about 600 Al Qaeda personnel files which were captured by US forces in the fall of 2007, and analyzed at West Point using a methodology which we will discuss after having presented the main findings. The resulting study1 permits us to make important findings about the mentality and belief structures of the northeastern Libyan population that is furnishing the basis for the rebellion, permitting important conclusions about the political nature of the anti-Qaddafi revolt in these areas......"
Download PDF of the study directly from West Point
http://www.ctc.usma.edu/harmony/pdf/CTCForeignFighter.19.Dec07.pdfLibyan rebel commander admits his fighters have al-Qaeda links
http://www.telegraph.co.uk/news/worldnews/africaandindianocean/libya/8407047/Libyan-rebel-commander-admits-his-fighters-have-al-Qaeda-links.html----------------------------------------------------------------------------------------------------------------------------------------------------
I look at al-Qeada as a sort of portable insta-riot/war, a synthetic terror designed to guarantee endless conflicts to sate the appetite war machine, and scare the West nations populace into acceptance of the surveillance society.
Don't get me wrong, many in it are genuine Islamic terrorists, but they are simply the tips of the spear, and when a spear is aimed and thrown in certain direct, the tip follows that path.
Study the subterfuge of the British in the middle east for the last 200 years, and you will see the patterns of present day emerge from the shadows.
----------------------------------------------------------------------------------------------------------------------------------
Lockerbie, CIA, and Ghaddafi
The way the appeal by Megrahi was dropped in exchange for release, nobody can see the evidence that his lawyers gathered (thousands of pages) that show the targets of the Lockerbie bombing were rogue CIA agents who were going back to testify in Washington DC about their involvement in the Lebanese hostage (Terry Anderson, et al.) situation. The rogue element was involved in the terrorist drug running (skimming for themselves and clandestine CIA ops, similar to what Oliver North was doing in Iran Contra). The US State Department and other US agencies pulled almost all their people off the flight, and dozens of Syracuse University students who were on standby to fly home for the holiday (because they wanted to save money) were thus let on the flight. They all died.
-----------------------------------------------------------------------------------------------------------------
from the The Week (UK)
How Megrahi and Libya were framed for Lockerbie
Alexander Cockburn: Amid all the fuss about Megrahi’s early release, there remains strong evidence he didn’t do it
http://www.thefirstpost.co.uk/66187,news-comment,news-politics,how-abdelbaset-al-megrahi-and-libya-were-framed-for-lockerbie-bombing------------------------------------------------------------------------------------------------------------------------
Lockerbie Diary: Gadhaffi, Fall Guy for CIA Drug Running (Scoop from The Independent- New Zealand)
http://www.scoop.co.nz/stories/HL1103/S00072/lockerbie-diary-gadhaffi-fall-guy-for-cia-drug-running.htm--------------------------------------------------------------------------------------------------------------------------------------
flashback 2 years (including Young Turks video) more US support of terrorist groups
Saudis and CIA back Khalid Sheikh Mohammad’s Jundullah in Pakistan and Iran?
http://pakalert.wordpress.com/2009/02/07/saudis-and-cia-back-khalid-sheikh-mohammads-jundullah-in-pakistan-and-iran----------------------------------------------------------------------------------------------------------------------------------------------
flashhback to 2007 (BBC)
Libyan Islamists 'join al-Qaeda'
Zawahri called for North African leaders to be overthrown
A Libyan Islamist group has joined al-Qaeda, according to an audio message on the internet attributed to the radical network's second-in-command.
Ayman al-Zawahri purportedly said the Fighting Islamic Group in Libya was becoming part of al-Qaeda.
http://news.bbc.co.uk/2/hi/7076604.stm----------------------------------------------------------------------------------------------------------------------------------
flasback to 2002 (Guardian UK) French intelligence experts revealed how western intelligence agencies bankrolled a Libyan Al-Qaeda cell
http://www.guardian.co.uk/politics/2002/nov/10/uk.davidshaylerMI6 'halted bid to arrest bin Laden'Startling revelations by French intelligence experts back David Shayler's alleged 'fantasy'about Gadaffi plot
British intelligence paid large sums of money to an al-Qaeda cell in Libya in a doomed attempt to assassinate Colonel Gadaffi in 1996 and thwarted early attempts to bring Osama bin Laden to justice.
The latest claims of MI6 involvement with Libya's fearsome Islamic Fighting Group, which is connected to one of bin Laden's trusted lieutenants, will be embarrassing to the Government, which described similar claims by renegade MI5 officer David Shayler as 'pure fantasy'
---------------------------------------------------------------------------------------------------------------------------------
The Power of Nightmares, subtitled The Rise of the Politics of Fear, is a 3 part BBC documentary film series, written and produced by Adam Curtis.
The films compare the rise of the Neo-Conservative movement in the United States and the radical Islamist movement, making comparisons on their origins and claiming similarities between the two. More controversially, it argues that the threat of radical Islamism as a massive, sinister organized force of destruction, specifically in the form of al-Qaeda, is a myth perpetrated by politicians in many countries—and particularly American Neo-Conservatives—in an attempt to unite and inspire their people following the failure of earlier, more utopian ideologies.
http://www.youtube.com/watch?v=K5lByw7kvS0&feature=related part 1
http://www.youtube.com/watch?v=ai6LhnW4Oa8&feature=related part 2
http://www.youtube.com/watch?v=5HvzR8w1z2g&feature=related part 3
----------------------------------------------------------------------------------------------------------------------------
remember, the USA seeds of al-Qaeda started in 1978 and 1979, under Robert Gates of the Carter regime, now he has been the Sec of Defense under both Bush and Obama