synarchy movement of empire book ii - Pierre Beaudry's Galactic ...

Since the fall of France, in June 1940, the {Banque Nationale pour le
Commerce et l'Industrie} of Laval expanded very rapidly into North Africa,
and opened branches in Morocco, Algeria, Tunisia, and Dakar. According to
American investigator, Alexander Sacks, Laval's Bank had become, in
France, "a valuable adjunct to German economic penetration." (Alexander
Sacks, {Confidential report on {THE BANQUE NATIONALE POUR LE
COMMERCE ET L'INDUSTRIE}, Economic Warfare Unit, Department of
Justice, New York. April 211, 1943. P.1)
The B.N.C.I. Laval Bank was run by a boyhood friend of Laval,
Albert Buisson, who was also a director in the Compagnie du Chemin de Fer
du Nord, a Rothschild interest. Buisson was also a director of the Societe des
Usines Chimiques Rhone-Poulenc, a chemical pharmaceutical company
which became the key entry-point of the French Chemical Industries into the
early Franco-German collaboration, especially with the I.G. Farben Industry.
The two companies became jointly run during the Prime Ministership of
Laval in September 1931. According to Sacks: " The B.N.C.I., at the
outbreak of World War II, had an unbroken record of expansion and
intimacy with the varying French governments unequalled by any other
independent French non-government bank. The months of the so-called
phony war from September 1939 to May 1940, saw the bank growing
stronger and larger and ever closer to the individuals who held power in the
government. After the fall of France, the bank came under the direct
supervision of the German authorities." (Sacks, Op.Cit., p. 15)
The B.N.C.I. served primarily as a conduit for French occupation
funds to pay from 50 to 75 billion francs a month for the cost of maintaining
the German troops garrisoned in the French occupied territories. Sacks
estimated that from the time of the Armistice until May 11, 1941, that is a
little over a year, the occupation costs amounted to 400,000,000 million
francs per day! The affiliates of B.N.C.I. in the United States were Chase
Bank and Morgan & Co., Inc., the same banks that had bankrolled a coup
against FDR in 1934, and that Veteran of Foreign War member, Republican
Presidential Candidate, Smedley Butler, had denounced publicly to the
press.
The B.N.C.I established itself in North Africa under the name of
{Banque de l'Union Nord Africaine of Algiers} B.U.N.A.A.. With a
personal friend of Laval, and a former member of the fascist organization
Croix de Feu, M. Jouvet, as managing director. The B.U.N.A.A. interests
109