Tag Archives: BNL

The Gnomes Of Zurich

(Excerpted from Chapter 14: Saddam’s Banker in Atlanta: Big Oil & Their Bankers…)

A 1981 Italian investigation revealed that five top BNL Rome executives, including director general Alberto Ferrari, were members of the Italian P-2 Freemason Lodge. [603]  P-2 had a penchant for working with South American dictators, fascist death squads and drug traffickers.  P-2’s activities affected the European continent as well. Continue reading

See No Evil–BNL Skates

(Excerpted from Chapter 14: Saddam’s Banker in Atlanta: Big Oil & Their Bankers…)

From July 27-29, 1989, a week before the FBI raided BNL Atlanta offices, the bank wired large amounts of money to BCCI through Morgan Guaranty Trust.  On August 4th, the day of the raids, William Hendricks III, a top official at the Bush Justice Department, resigned to take a job with a law firm representing BNL. Continue reading

The Chase Manhattan Two-Way Mirror

(Excerpted from Chapter 14: Saddam’s Banker in Atlanta: Big Oil & Their Bankers…)

Chase Manhattan Bank’s board of directors had a huge presence on BNL’s (Banca Nacionale de Lavaro’sConsulting Board for International Policy.  In fact the two boards mirrored one another.

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Weapons of Mass Destruction Anyone?

(Excerpted from Chapter 14: Saddam’s Banker in Atlanta: Big Oil & Their Bankers…)

BNL was the main conduit through which General Motors had vehicle sales to Iraq financed.  A good chunk of Wall Street was using BNL in similar fashion. Continue reading

Jolly Grain Giants

(Excerpted from Chapter 14: Saddam’s Banker in Atlanta: Big Oil & Their Bankers…)

In October 1988 Henry Kissinger joined the board of Continental Grain, the French Fribourg family-controlled private firm that was the second largest grain company in the world until its 1999 merger with Cargill.  Cargill is the grain trade’s biggest fish and is privately held by the Minneapolis-based Cargill and MacMillan families. Continue reading

Kissinger Associates

(Excerpted from Chapter 14: Saddam’s Banker in Atlanta: Big Oil & Their Bankers…)

BNL’s Consulting Board for International Policy included Henry Kissinger and his boss David Rockefeller, now chairman of Rockefeller Group. [572]  Kissinger received $10,000 per meeting, serving on the board from 1985-1991. Continue reading

Saddam’s Banker In Atlanta

(Excerpted from Chapter 14: Saddam’s Banker in Atlanta: Big Oil & Their Bankers…)

The US and their Western allies weren’t concerned with dual use items being shipped to Iraq during the 1980’s. Continue reading