Bank Of Credit And Commerce International Bcci Investigation

From the two Time correspondents who cracked the story, the definitive book on the Bank of Credit and Commerce International: an explosive, fast-paced expose of one of the largest criminal conspiracies in history. Beaty and Gwynne's riveting first-person account not only puts all the pieces together for the first time, but brings to life the cloak-and-dagger intrigue that surrounded their investigation. 16 pages of photos.

face. As myoid boss when I joined the discout market - who had worked as a "bond-salesman" on Wall Street during the "Great Crash" of 1929, through the Credit Anstalt crash, and served in British military intelligence during the Second World War - always used to say: "Remember! The telephone is not a secure instrument. " During the 1960s, foreign banks had flooded into London in pursuit of Eurodollar deposits. Arabs were spending their new found oil wealth in West End casinos. Ex change Control regulations were tight. In 1971, when our story begins, new "banks" on the fringe took advantage of the property boom, fuelled by Tory Chancellor Barber's first Budget. The discount houses (whose functions and special privileges at the Bank were soon arcane) became active traders in US dollar and foreign currency paper, and took stakes in the new money brokers (or "barrow boys," as the snobs called them, since the sharpest brokers were mainly Cockney Eastenders). While the "gentleman's club" was quickly being replaced by the fast growing "interbank swaps" market (now LIFFE), the discount houses had found a new role to pla- opening representative offices overseas (Gillett Brothers, where I was then chairman, in Southern Africa, UAE, Australia and Singapore, with brokering subsidiaries in Europe, Far East, and North America) - gathering market intelligence around the world, as the invisible "eyes and ears" of the Bank of England.

Recounts the biggest bank fraud in history, detailing BCCI's rise and fall, as well as the personalities involved.

This book exposesrms deals, peddling influences, bribing politicians, defrauding depositors, sponsoring spies--and how it collapsed like a house of cards. Dirty Money is packed with as much espionage and intrigue as a Ken Follett novel. 25 pho tographs.

Its nickname was the Bank of Crooks and Criminals, but BCCI was much more than just a dirty bank. Started by a shadowy group of Pakistani financiers and Arab sheiks, the Bank of Credit and Commerce International quickly became a global criminal organization. Now two award-winning journalists who have tracked BCCI for a decade reveal how these wolves escaped prosecution for so long and detail the roles of Jimmy Carter, William Casey, and members of the Bush administration and family. 8 pages of photos.

The Bank of Credit and Commerce International remains today, 30 years after its founding, a byword for corruption, influence peddling, bribery, crony capitalism, phony audits, and money laundering. Here, in the full documentary splendor of the Congressional report of 1992, we see the ?bankster? ethos at work and the total failure of the same roster of government agencies caught napping in the panic of 2008. This is the final draft of the Senate Foreign Relations Committee report. Co-author Sen. Hank Brown, reportedly acting at the behest of Henry Kissinger, pressed for the deletion of a few passages. As a result, the report as released originally by the Government Printing Office is less complete than the version you now hold in your hands. Long out of print and available only electronically, this document is here presented in a new edition designed for readability and easy reference. In a world of never-ending banking scandals, this remains a layman's guide to how the "banksters" do what they do.