September 11 Commission Report - Gnostic Liberation Front

Appendix A: Banking Links with US Intelligence
When investigating this series of events that ties together terrorists, spies and bankers,
there is a need to define the context of these relationships. There is a more than cozy
relationship that exists between the intelligence community and the banking industry.
One only needs to look at the background of a number of US intelligence executives to
identify this very compelling pattern of career advancement.
That pattern suggests that after intelligence executives serve their time managing millions
or billions of dollars of funds for which he cannot be held accountable (in the US, the
annual intelligence budget is over $40 Billion) – they are rewarded by being promoted to
the lofty air of financial executive. In exchange for that reward, they bring a range of
‘relationships’ to the bank which historically have proven financially lucrative. (One
might safely assume they are not being hired for their acumen and experience as financial
geniuses.) In a more than unique turnabout, the Deutsche Bank eversed the process and
placed a banking executive (A.B. Krongard) as an Executive Director of the CIA! (This
was Mr. Tenet’s gift to the Mossad.)
This is the world this article must explore – the marriage of intelligence organizations,
banks, and illegal money. The world where banks make money off the ‘dark side’ of the
economy: money laundering, bankrolling wars and revolutions, hiding the import and
export of weapons and munitions, managing large, ill-gotten slush funds etc. The fact
that the US banking industry has bought into this model is obvious. Examples include:
Table 2
Examples of Intelligence – Banking Linkage
Name CIA Connection Financial Connection
Bill Casey CIA Director Chairman of the Securities and
Exchange Commission
David Doherty General Counsel of the Central
Intelligence Agency.
George Herbert
Walker Bush
A.B. "Buzzy"
Krongard
Vice President of the New York Stock
Exchange
CIA Director consultant to the Carlyle Group, joint
investments with the bin Laden family,
executive committee chair of First
International Bancshares (FIB)
Executive Director of the
Central Intelligence Agency
Chairman of the investment bank A.B.
Brown and former Vice Chairman of
Banker's Trust.
John A McCone CIA Director Director of United California Bank,
Western Bankcorporation; Pacific
Mutual Life Insurance
John Deutch CIA Director the board at Citigroup
Nora Slatkin CIA Executive Director sits on Citibank's board
THE SEPTEMBER 11 COMMISSION REPORT Page 355