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September 11 Commission Report - Gnostic Liberation Front

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9<br />

Bank Cartel or Oil Syndicate – A Question of Greater Motive<br />

Merriam Webster defines cartel as “a combination of independent commercial or<br />

industrial enterprises designed to limit competition or fix prices.” A syndicate is defined<br />

as “a loose association of racketeers in control of organized crime.” A syndicate can also<br />

be called a ‘cartel.’ In this investigation, there is bank cartel allegedly attempting to<br />

control gold prices, and an oil syndicate allegedly attempting to limit competition in the<br />

Central Asian region. Both of these cartels seem to have “motive” for disrupting the<br />

money laundering investigations initiated in the late 1990s, and continuing into the<br />

present. Both of these cartels had extensive contacts in the murky underworld of the<br />

Russian/Israeli Mafiya and U.S. Intelligence. They work together, and use each other’s<br />

services. The over-riding question appears to be: which cartel bears responsibility for the<br />

attack on the WTC?<br />

When the details of Central Asian covert oil operations are explored one finds the same<br />

criminals involved as in the Harken Energy, Iran Contra and BCCI scandals, the Barrick<br />

operation and the rape of the Soviet and Philippine treasuries. The Oil Cartel money<br />

laundering paths clumsily and inadvertently intersect at several places: the Deutsch Bank<br />

and the Union Bank of Switzerland (UBS), the Bank of New York and an interesting<br />

parallel involvement by Barrick. These banks continuously “appear” and have an active<br />

role in billion dollar deals which over time are shown to involve fraud, theft,<br />

expropriations, illegal drugs and weapons or some other illegal activity that leaves some<br />

national treasury poorer for their involvement and hundreds of millions of dollars<br />

unaccounted for. By facilitating and negotiating these deals, these bankers are coconspirators.<br />

(The person who drives the get-away car is just as guilty of the crime, even<br />

if that person contends he or she had no knowledge of a crime being committed, and the<br />

role of a banker’s due diligence requirements generally suggests they fully understand the<br />

crimes they are supporting.) These companies have facilitated the theft of treasuries from<br />

the Soviet Union, France, Czechoslovakia, Kazakhstan, the Philippines, Angola, and<br />

possibly the U.S. These banking organizations - joined with Enron On-line - have the<br />

infrastructure for both rapid global distribution and high volume capacity required to<br />

mask the flow of illegal funds, and convert them into physical assets (bearer bonds,<br />

commodity futures and gold certificates) which cannot be traced. Time and again, these<br />

same financial institutions are identified as conduits for illegal activity and actively<br />

engaging known criminals as business partners, and hence become criminals themselves.<br />

Because of their widespread criminal activity, they have been the object of numerous<br />

investigations by agencies across the world. In most of these cases, the witnesses recant,<br />

die inexplicably or are ‘suicided.’ Massive heart attacks also seem to afflict these people<br />

more frequently than the normal citizenry. However, the trail left by the flow of money<br />

cannot be erased. (Although the destruction of the WTC, the BCCI records in London<br />

warehouses, the allowed shredding of Enron records suggests that these trails can be<br />

erased with proper financing.) Additionally, the citizens of the US, France, Germany and<br />

Switzerland are comparably socially minded, and have recently passed laws to allow<br />

THE SEPTEMBER <strong>11</strong> COMMISSION REPORT Page 243

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