[Laws are made to protect UnAmerican Activity as We the People
By: V.K. Durham

Winston Churchill stood on the floor of ENGLAND'S Parliament
encouraging all Allies, including the U.S. of A. to back Joe
of Russia in his fight against facist German Troops, and stated:
"There is no greater proponent of Communism, than I, Myself"
which Roosevelt and others 'bit' on that 'Communist Bait'..and
about this current UnAmerican Activity..down to the bankrupting of
the nation by allowing our National Security to be endangered by
sending out U.S. Treasury Plates to the COMMUNIST to print the
real U.S. Dollars backed by Gold and Silver..known as THE

This Banking, Financing and Economic Collapse was planned back
CERTIFICATES) PLATES were deliberately sent to Russia in the early
1940's ..see Major Jordans Diaries at .. and took
firm hold On June 20, 1951, under Harry S. Truman's directive
establishing the Psychological Strategy Board, Directed to the
Secretary of State, The Secretary of Defense, The Director of
Central Intelligence


Reagan Doctrine in such hot spots as Nicaragua, Angola,
Afghanistan, Cambodia, and Ethiopia. This policy worked well in
Afghanistan, where U.S.-backed mujahideen guerrilla fighters
inflicted heavy losses on Soviet forces and the Kremlin experienced
a Vietnam-style quagmire of its own. In Angola, the anti-communist
rebels became a liability for the Reagan administration as they
destroyed U.S. oil facilities and accepted support from South
Africa's apartheid regime. Meanwhile, the Angolan government
increasingly cooperated with U.S. oil companies and investors.
The Reagan Doctrine received the greatest attention in Central
America. The United States helped train and equip a 17,000-man
Salvadoran army to wage a counterinsurgency against a guerrilla
force roughly a quarter its size. The slaughtering of political
opponents and a rigged election compelled U.S. officials to install
a moderate government that ultimately failed to bring peace or
democracy to El Salvador.

In Nicaragua, the Reagan White House championed the Contras, who
were fighting against the revolutionary socialist Sandinista
regime. Reagan likened the Contras to America's "founding fathers"
despite reports of atrocities committed in their name. Washington
authorized CIA training for Contras and the construction of
military bases in neighboring Honduras to facilitate rebel
operations. In 1983 the CIA mined Nicaraguan ports and launched
clandestine attacks on oil facilities and airports. Congress
suspended military aid to the Contras in 1984, which prompted
Reagan officials to explore covert avenues of assistance and to
solicit private donations.

A preoccupation with applying the Reagan Doctrine to Nicaragua
dovetailed with U.S. foreign policy in the Middle East. In 1985,
White House officials used Israelis as intermediaries to secretly
supply military hardware to the Iranian government in the hope of
securing the release of fifteen Americans held hostage in the
region. This pipeline operated for fourteen months, during which
time a few captives were released and other people were kidnapped.
In November 1986 the story of the arms-for-hostages deal broke in
the American press. President Reagan was compelled to admit to
attempts made to influence those whom he called "moderates" in the
Iranian government. The Central American connection emerged three
weeks later when U.S. Attorney General Edwin Meese disclosed that
the proceeds from the Iranian arms sales had been clandestinely
diverted to the Contras in violation of the 1982 Boland Amendment,
which had banned any spending for the overthrow of the Sandinista

rest of article:


READ: CHAPTER TWELVE from Major Jordan's Diaries;

Jump to CHAPTER...01 - "Mr. Brown" and the Start of a Diary02 -
The "Bomb Powder" Folders03 - We Move to Montana04 - How My Alaskan

Report Helped the Russians05 - The Black Suitcases06 - Don’t Make a

Big Production07 - The Story of Heavy Water08 - A Look at Lend-
Lease09 - The Greatest Mail-Order Catalogue in History10 - My Visit
to the State Department in 194411 - The Priest Who Confronted
Stalin12 - How Russia Got U.S. Treasury Plates13 - The Broadcast
Goes on Tonight14 - Clouds of Witnesses15 - Conclusion

Back to How Wars Are MADE | Issues index | Sweet Liberty HOME PAGE

From Major Jordan's Diaries


How Russia Got U.S. Treasury Plates

I returned to Great Falls, for the first time as an Army
Officer, on June 13th, since I had just been replaced by Lieutenant

George Walewski Lashinski. I was due to speak in Omaha on the 16th,
and this was my last chance to say good-by to my friends, including
Colonel Kotikov. article:

This will give you an idea as to what is going on with these
'gangster' Banks:
Clearstream Banking S.A. (CB) is the clearing division, based in
Luxembourg, of Deutsche Börse.

It was created in January 2000 through the merger of Cedel
International and Deutsche Börse Clearing, part of the Deutsche
Börse Group, which owns the Frankfurt Stock Exchange. Cedel,
established in 1971, specialized in clearance and settlement. In
1996 it obtained a bank license. In July 2002 Deutsche Börse
purchased the remaining 50% of Clearstream International for €1.6
billion. Deutsche Börse's strategy is to be a vertical securities
silo, providing facilities for the front and back ends of
securities trading. By 2004 Clearstream contributed €114 million to
Deutsche Börse's total Earnings Before Interest and Taxes (EBIT) of
€452.6 million. It handled 50 million transactions, and was
custodian of securities worth € 7,593 trillion.

In Révélation$ (2001), by investigative reporter Denis Robert and
ex-Clearstream banker Ernest Backes, Clearstream was accused of
being an international platform for money laundering and tax
evasion via an illegal system of secret accounts (the "Clearstream

In Spring 2004, a "Second Clearstream Affair" began, which
attracted more attention in 2006. Peripheral to the primary
Clearstream Affair, it accused several French political figures,
industrial leaders, and members of the secret services of
maintaining secret accounts at Clearstream, which allegedly were
used to transfer kickbacks in a France–Taiwan frigates scandal.


By V.K. Durham
First written: 5/13/05
JANUARY 31, 2008

Read: In 2000, the year in which a young graduate called Jérôme
Kerviel took a lowly job behind the scenes at Société Générale,
many people doubted that his new boss, Daniel Bouton, would be able
to maintain the French bank’s independence for long.

Lex: Bidding for SocGen - Jan-29
In depth: SocGen scandal - Jan-24
Further revelations dent SocGen’s reputation - Jan-28
Hostile bidders would confront sharp obstacles - Jan-28
Fictional contracts kept Kerviel in his job - Jan-28
Bank’s version of events raises questions - Jan-28
The year before, the SocGen chairman and chief executive had tried
to buy Paribas, a French competitor. However, this friendly
alliance had been unsoldered by a hostile bid for both companies by
BNP, a French rival. Michel Pébereau, BNP’s boss, succeeded in
tearing Paribas out of Mr Bouton’s grasp – and narrowly missed out
on conquering SocGen.

The creation of BNP Paribas had left the bullet-headed, blue-eyed
Mr Bouton facing claims that SocGen had been left without a
strategy and would fall prey to a bigger bank. But Mr Bouton and
his colleagues went on to prove the doubters wrong for the best
part of a decade. Exploiting the French educational system’s talent
for producing exceptional mathematicians, SocGen built a world-
class equity derivatives business.

Specialising in complex bets on market movements, this division was
so profitable that Mr Bouton could convincingly argue that size was
not everything in banking and that SocGen could remain aloof from

This strategy began to look less compelling at 8am Paris time on
Thursday. That was when the bank revealed that €4.9bn ($7.2bn)had
been lost because of unauthorised trading that it blamed on a rogue
trader, later identified as Mr Kerviel, alongside a €2bn hit from
the US mortgage crisis. Less than a decade after it escaped BNP’s
grasp, SocGen’s independence is now the subject of renewed
speculation, while the 57-year-old Mr Bouton’s reputation for odds-
defying leadership is gravely damaged .

Unlike Mr Kerviel, Mr Bouton arrived at SocGen with a swagger. The
French like to call it entering “par la grande porte”, or “through
the main door”. Mr Bouton gained a degree in political science and
his agile brain won him entry to the elite Ecole Nationale
d’Administration. After graduating from Ena, he was reputed to have
been the youngest ever member of the Inspection Générale des
Finances when he entered this elite corps of civil servants in the
early 1970s, before progressing to such plum jobs as running the
ministerial cabinet of Alain Juppé.

Having shone in the public sector, Mr Bouton attracted the
attention of Marc Viénot, a fellow énarque who had led SocGen
through its privatisation in 1987. Mr Bouton left the ministry of
finance to join SocGen in 1991, becoming chief executive in 1993
and then adding the title of chairman in 1997 as Mr Viénot gave up
his executive duties.

Mr Bouton’s professional style is more self-contained and shy than
that of his debonair and languid predecessor. However, his hobbies
are convivial – fine wine, cigars, golf, opera – and his guests eat
well at the bank’s executive dining room, located high in one of
the skyscrapers SocGen occupies on the outskirts of Paris. (One of
the ways in which the bank differentiates itself from BNP is
through architecture – BNP Paribas’ bankers are housed in low-slung
buildings in the centre of town; Mr Bouton even said once that he
fancied being an architect if he had not been a banker.) rest of

Read this:
01 Feb 2008
BNP Paribas mulls SocGen bid
The Wall Street Journal
Investors on Thursday bid up Société Générale amid increasing talk
that France's largest bank, BNP Paribas, could launch a takeover
bid for the scandal-hit bank.

Sources said BNP is holding internal discussions over whether to
resuscitate long-standing interest in buying its Paris rival. If
BNP goes ahead with a bid, analysts have projected that SocGen
could fetch between €85 and €111 a share in a sale that would total
nearly $51bn (€75.8bn).

SocGen stock price rose 1.7% to €83.20 ($123.81). The stock has
climbed 17% this week amid increased takeover speculation - even
though chairman Daniel Bouton has said he intends to fight for the
bank's independence.

SocGen is understood to have hired Merrill Lynch and Rothschild to
advise on defence strategies, in addition to JPMorgan and Morgan
Stanley, which are handling a €5.5bn ($8.2bn) emergency rights

Any offer for SocGen will have to wait until the middle of next
week, as the Bank of France requires eight working days’ notice
before any bid is made for a French bank. Investors gave the news a
cool response as BNP shares fell 1.5%, valuing its equity at

Sources say Barclays and HSBC are too stretched to contemplate any
move for SocGen, while Unicredit is still integrating its recent
purchase of Capitalia. A spokesman for Santander said the bank is
not interested in SocGen. Potential suitors may also have been put
off by BNP’s interest and the French government’s perceived
hostility to foreign takeovers.

Please read this:
Friends of Saddam
The UN Oil for Food Scandal (UNSCAM), Saddam, his many Global
Friends, and other UN Scandals this:
The BNP Paribas Watch

- - from Inner City Press

Click here for Inner City Press front page Click
here for media reports

Click here of ICP Predatory Bender For or with more
information, contact us.

Updated June 5, 2006

On May 14, 2004, Inner City Press / Community on the Move
and the Fair Finance Watch (together, "ICP") filed a ten-page
comment opposing the proposal by BNP Paribas and its Bank of the
West to acquire Community First National Bank and expand BNP's
business practices into ten more states. ICP's timely comments,
summarized below, have been filed with the U.S. Federal Reserve
Board in Washington, and with the Federal Reserve Bank of San
Francisco. See also, "Watchdog Challenges Community First Merger:
Consumer Group Seeks Fed Hearing on Minority Loans," by Bob Mook,
The Coloradoan, May 18, 2004. In this space, we will continue
running updates. For or with more information, contact us.

Update of June 5, 2006: Thwarted in its attempt to buy Russian
Standard Bank in 2004, BNP Paribas announced plans to spend $700
million between 2006 and 2012 developing a network of 150 branches
in Russia's major cities and the all-important Moscow region. For
or with more information, contact us.

Inner City Press Bank Beat Archive 2003-2004

Click here to see ICP's current Bank Beat

Welcome to Inner City Press’ Bank Beat. We aim to
scrutinize the industry, from high to low. Our other Reporters
cover Community Reinvestment, the Federal Reserve, and other beats.
ICP has published a (double) book about the Bank Beat-relevant
topic of predatory lending - click here for sample chapters, an
interactive map, and ordering information. The Washington Post of
March 15, 2004, calls Predatory Bender: America in the Aughts "the
first novel about predatory lending;" the London Times of April 15,
2004, "A Novel Approach," said it "has a cast of colorful
characters." See also, "City Lit: Roman a Klepto [Review of
'Predatory Bender']," by Matt Pacenza, City Limits, Sept.-Oct.
2004. The Pittsburgh City Paper says the 100-page afterword makes
the "indispensable point that predatory lending is now being
aggressively exported to the rest of the globe." Click here for
that review; click here to Search This Site .

The New York Times
Meanwhile, European Union regulators have warned the French
government against trying to protect SocGen from foreign suitors.

“In previous banking cases, we made it quite clear that the
government should not interfere by putting their national companies
first,” Charlie McCreevy, the European Union’s internal markets
commissioner, said on Thursday.