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Charles Schwab,SEC,John Reed Stark,Georgetown University Stock fraud Academic fraud
Why does Securities Exchange Commission's John Reed Stark of internet enforcement not enforce ? Why have so many fraudulent internet websites proliferated under his reign of internet securities fraud and cyber fraud terror ? Is John Reed Stark aiding a sick psychological and stock fraud experiment as well as fraud upon investors by doing nothing to stop internet securities fraud and psychological abuse even using religion and death threats as well as fraudulent 'naked shorting' claims,etc. to promote stock fraud ? And the anonymous internet threats come from people he can and has identified already on the world wide web and on ragingbull and Yahoo and their extended websites and yet does nothing about it except to protect the criminals.John Reed Stark and other SEC officials are now responsible for allowing illegal pump and dump scams and probable money laundering with unaudited U.S. penny stocks in Dubai,UAE and for this reason alone should resign in mass or be convicted for this traitorous fraud against Americans.
John Reed Stark UAE,SEC,Georgetown University Stock fraud Academic fraud Cyber fraud
Only in America to my knowledge is a major scam or false claim called 'naked short selling' or anti-naked short selling' allowed by the U.S. Securities Exchange Commission to be used to mask or divert attention from illegal pump and dump or manipulation of penny stocks and penny stock near do wells such as Taser stun gun company and Patrick Byrne's Overstock.com who also operates a website called NCANS or National Coalition Against Naked Short Selling.And it is a total lie and fraud with websites created especially to promote the myth and often tout penny stocks.Recently generally unprofitable Nasdaq stocks have begun to make the false claim that counterfeit shares are being sold when in fact the worthless shell companies are themselves cranking out more shares to dump or sell to naive investors. It is my contention that this is an organized crime indeed that stretches to Kuala Lumpur and Dubia or UAE and points in between even though the fraudulent claim is only made in the U.S. where the worthless shares eventually wind up.
U.S penny stock shares may serve their greatest 'purpose' for money laundering because the SEC does not audit penny stock shares as they are issued and dumped to any great extent leaving it virtually impossible to calculate or track money flow as shares or bought and sold.This is the precise reason this fraudulent 'naked shorting' claim has flowered in the U.S. penny stock scam 'industry' and more recently to scammy Nasdaq companies in the U.S..and although the U.S. SEC pretends it doesn't see,both Americans with offshore accounts and foreign nationals are involved in promoting this 'industry' of worthless penny stock share of worthless or non-existent companies and 'dumping' or selling shares to naive investors or suckers.It is my belief these worthless unadited shares serve an equally or more 'valuable' need of certain elite to launder money as well including in Dubai and the UAE where W Bush et.al. says it doesn't occur anymore..
Why does Securities Exchange Commission's John Reed Stark of internet enforcement not enforce ? Why have so many fraudulent internet websites proliferated under his reign of internet securities fraud and cyber fraud terror ? Is John Reed Stark aiding a sick psychological and stock fraud experiment as well as fraud upon investors by doing nothing to stop internet securities fraud and psychological abuse even using religion and death threats as well as fraudulent 'naked shorting' claims,etc. to promote stock fraud ? And the anonymous internet threats come from people he can and has identified already on the world wide web and on ragingbull and Yahoo and their extended websites and yet does nothing about it except to protect the criminals.John Reed Stark and other SEC officials are now responsible for allowing illegal pump and dump scams and probable money laundering with unaudited U.S. penny stocks in Dubai,UAE and for this reason alone should resign in mass or be convicted for this traitorous fraud against Americans.
One reason John Reed Stark Chief of the Office of Internet Enforcement (OIE) in the Division of Enforcement of the U.S. Securities and Exchange Commission is particularly singled out among other SEC employees is that his job is preventing stock fraud on the internet and penny stocks are the chief source of fraudulent websites and promotions.This includes the penny stocks now being bought and sold in Dubai and around the world as we speak.They may be bought and sold by anonymous individuals or protected penny stock boiler room operations offshore but in the end they return to the U.S. and retail penny stock market to be sold to naive and defrauded individuals after they have served the purpose of scam
penny stock dealers,boiler room operators, and money launderers offshore.
In fact the U.S. SEC by allowing,condoning,and even encouraging money laundering with unaudited U.S. penny stocks around the world provides the very same informal and unaudited money transfer system called 'hawala' that the U.S. government complains about for its potential to aid terrorists ! The unaudited U.S. penny stocks provided in mass to boiler rooms and criminal underworld around the world behave and compliment and are a form of 'hawala' !
From Interpol website :
What is hawala?
--------------------------------------------------------------------------------
Hawala (1) is an alternative or parallel remittance system. It exists and operates outside of, or parallel to 'traditional' banking or financial channels. It was developed in India, before the introduction of western banking practices, and is currently a major remittance system used around the world. It is but one of several such systems; another well known example is the 'chop', 'chit' or 'flying money' system indigenous to China, and also, used around the world. These systems are often referred to as 'underground banking'; this term is not always correct, as they often operate in the open with complete legitimacy, and these services are often heavily and effectively advertised.
...............................................................................................................
And who will write the book on the SEC and tell us why they aid penny stock fraud and I believe money laundering with unaudited U.S. penny stock shares including in Dubai and UAE ?
Why does John Reed Stark of internet enforcement not enforce ? Why have so many fraudulent internet websites proliferated under his reign of internet securities fraud and cyber fraud terror ? Is John Reed Stark aiding a sick psychological and stock fraud experiment as well as fraud upon investors by doing nothing to stop internet securities fraud and psychological abuse even using religion as well as fraudulent 'naked shorting' claims,etc. to promote stock fraud and threats from people he can and has identified already on the world wide web and on ragingbull and Yahoo and their extended websites and yet does nothing about except to protect ? Are David Patch's http://www.investigatethesec.com and Patrick Byrne's http://www.ncans.net and 'Bobo' O'Brien's http://www.thesanitycheck.com not just John Reed Stark jokes and approved websites for securities fraud and psychological abuse ?
John Reed Stark even reminds me of David Patch in many ways.David Patch runs major penny stock fraud websites and poses as a 'business journalist' and seems to have SEC and Beltway connections and John Reed Stark and SEC Chairman Christopher Cox allow and condone this James Dale Davidson connected fraudster and his internet penny stock 'touting' websites adding to his 'credibility' so he can defraud more victims.The SEC and Mr.Stark should be warning about James Dale Davidson, Patrick Byrne,David Patch,Gary Valinoti,Bud Burrell,Steve Wark,attorney John M O'Quinn,ex Commerce Under Secretary Robert Shapiro,ex SEC attorney Brent Baker,et.al., and all the myriad penny stock 'companies' they promote as 'victims' of 'naked short selling'.
Instead the SEC allows David Patch to pass himself off as a business journalist,(just as the White House allowed the right wing gay website promoter James Dale Guckert or Jeff Gannon to pass himself off as a political journalist),and touting Jag Media Holdings of the known penny stock promoter and con artist Gary Valinoti, and myriad other known penny stock scams as victims of 'naked short selling' when even the SEC realises they are nothing but illegal pump and dump frauds and that Valinoti dumped unregistered shares himself and called them 'naked shorts' ! Yet the SEC and John Reed Stark allow and encourage his and the others unending stock fraud websites in association with http://www.ncans.net and http://www.investigatethesec.com as well as Gayle Essary's ' FinancialWire' and its penny stock touting and fraudulent 'naked short selling' claims to cover up,(and not very well),illegal pump and dump scams the SEC protects.
Should Mr.Stark have to take some responsiblity equally for these years of penny stock securities terrorism under his reign along with his fellow Beltway perpetraitors Dave Patch, Bill Bonner,James Dale Davidson and many more unnamed ?
Note this post from siliconinvestor clearly stating that http://www.ncans.net has an interested audience IN THE UAE AND KUWAIT AND SAUDI ARABIA !
And the website is devoted to U.S.penny stocks and fraudulent claims of their shares being 'naked shorted',many that find there way to this Middle East money laundering 'mecca'.Yes the SEC needs to be investigated all right as well as U.S.penny stocks they allow boiler room operators like Mr.Taylor of http://www.belladorgroup.com to operate out of Dubai - but not by the likes of the SEC's pal Dave Patch and his phoney http://www.investigatethesec.com penny stock promotion website that is part of this traitorous fraud upon America and Americans !
http://www.siliconinvestor.com/readmsg.aspx?msgid=21606288
To: Kevin Podsiadlik who wrote (92160) 8/15/2005 3:53:18 PM
From: scionist Read Replies (1) of 94008
I read it - and the Jeff Matthews blog caught the tone of it nicely.
Here's an extract pertinent to this board -
Now take the Elgendi case, you know --
and you can find this on the Internet -- that Elgendi, who was this guy who was paying off folks for, federal agents for inside information. Elgendi liquidated his stock portfolio on September 10, 2001. His stock portfolio for himself and his
children. Start digging into the hedge funds and you start coming across some very strange things going on. You know who reads O’Brian's log? You can tell from the IP’s, and they don’t mask their IP’s. Folks from the SEC read it of course, and I can understand that. There are also a bunch of folks come from Kuwait and Saudi Arabia and the United Arab Emirates to read what’s going on in this movement.
http://www.shareholder.com/overstock/downloads/TranscriptLawsuit.pdf
Why doesn't SEC Commissioner Paul Atkins not 'connect the dots' and see that his $58 billion estimate in U.S. penny stock pump and dumps must include money laundering in Dubai, Kuala Lumpur, etc. by the likes of Bellador Group and other boiler rooms the SEC allows to commit fraud around the globe with U.S. penny stocks ? How can Mr.Atkins arrive at any estimate at all when the SEC at this moment is working with Bellador Group of Kuala Lumpur and Dubai to cover up the ammount of U.S. stocks and shares they are dealing with and probably laundering money with in terrorist suspect money laundering nations ? If the SEC were not covering up and instead auditing U.S. penny stocks they might be able to provide credible data but this $57 billion pump and dump fraud estimate is backed up by no credible data and NO MENTION IS MADE OF THE MONEY LAUNDERING THAT THESE PENNY STOCK SHARES ARE NO DOUBT ALSO BEING USED FOR IN DUBAI THANKS TO MR.PAUL ATKINS ET.AL.
When I say the SEC is working with the Bellador Group boiler room of Dubai,etc.,I mean it.Even now belladorgroup.com lists Endovasc a penny stock that ripped me off with fraudulent claims of 'Phase III' drug development of a Stanford patent is listed on their world wide web and Dubai website.The SEC has allowed both the Endovasc of Montgomery,Texas fraud ring of Judge Ken Reilly,Dwight Cantrell,Diane Dottavio,Robert Johnson,David P Summers,et.al. and their fraudulent attorney John O'Quinn claim they were victims of 'naked shorting' by Charles Schwab,Refco,and Ameritrade.And yet both the SEC and I have the 'shareholder agreement' of 2002 to deposit 'up to 30 million shares' of Endovasc into ONE Charles Schwab account and then James Dale Davidson and his Beltway connected Agora Inc. promoted the fraud and dumped shares ! Mr.Taylor of Bellador Group and his Arizona attorney Ron Logan have since posted messages on David Marchant's commendable http://www.offshorebusiness.com message board and besides threatening me for posting the truth there lyed themselves about Endovasc being a victim of 'naked shorting'.This is a continuation of the fraudulent claim of James Dale Davidson,attorney O'Quinn and Endovasc 'management' or share-money launderers with penny stock shares that the SEC aids by refusing to audit outstanding shares so money can be laundered undetected. NCANS is NAANSS.( Do google search ' ncans naanss ' )
And if the SEC's Paul Atkins has not included money laundering in that pump and dump figure he has not done a valid calculation and his figure is 'conservative' to say the least. Mr.Atkins' phoney 'libertarian' label that he gives himself reminds me all too much of far right frauds such as James Dale Davidson who hide behind this meaningless label and are really pro fraud,just as they hide behind a phoney patriotism while ripping off any American they can and laundering the stolen goods overseas in Bermuda or Isle of Man,Europe,and now Dubai and UAE is 'sheik'.
The very reason John Reed Stark's colleague at Georgetown University,James J Angel,could lie about 'naked short selling' to cover up this pump and dump fraud and probable money laundering with U.S. penny shares in Dubai,etc.,is the same reason Mr.Atrkins estimation is also a fraudulent joke.The clowns at the SEC DON'T AUDIT U.S. PENNY STOCK SHARES EITHER ONSHORE IN THE U.S. OR OFFSHORE AND SO,LIKE JAMES ANGEL,HAVE NO NUMBERS ARE STATISTICS TO LIE WITH.Yet they lie.An old book was titled,'How to Lie With Statistics'.I guess the author never heard of Georgetowen University's 'business' professors James Angel and John Reed Stark or the SEC's Paul Atkins who'll lie about statistics they don't even have and refuse to compile in order to protect the guilty AND MONEY LAUNDERING WITH U.S. PENNY STOCKS IN DUBAUI ! Statistics ? They don't need no damn statistics.
This is also why attorney John O'Quinn and ex SEC attorney Brent Baker(who helped cover up and protect James Dale Davidson and his Agora Inc. fraudulent Endovasc and Genemax pump and dumps and
'naked shorting' claims while he was an attorney for the SEC) feel so secure in their lies and frauds for Overstock.com's Patrick Byrne and his fraudulent http://www.ncans.net and http://www.thesanitycheck.com websites that claim his scammy company and many known fraudulent penny stock companies that the SEC allows to dump unaudited shares are victims of 'naked short selling' when the truth is they are only illegal penny stock pump and dump scams and probable money laundering operations the SEC does nothing about or even protects.
I really do believe we now have the Beltway on or in Wall Street which is worse than,'The Mafia On Wall Street',that Gary Weisse wrote about for
'Businessweek' in the 1990's and this does not bode well for the future of the market.The CIA among others should be investigating boiler rooms such as Bellador Group to prevent the use of unaudited U.S. penny stock shares,(rumor is Bellador Group has recommended SRA International, Applied Micro-Devices and thus Homeland Security and non-penny stocks to its Dubai,etc. clients as well), shares and thus money flows that the likes of SEC'S John Reed Stark,Paul Atkins,Chairman Cox et.al. seem to wish to protect and cover up.
You may wish to visit Gary Weiss's own blog where he has been writing his own take on this 'naked short selling' or 'anti-naked short selling' mafia that he refeers to as the 'baloney brigade' :
http://www.garyweiss.blogspot.com/
But when the CIA is now officially a part of Wall Street with its own 'non profit' In-Q-Tel 'investment' group(that even invests in SRA International that provides the CIA and Bush his 'daily briefing' and has expertise in spying on Wall Street as creators of Mantas anti-money laundering software)and perhaps with its own interest in laundering money with worthless U.S. penny stock shares,etc., in parts of the world such as Dubai,who is watching the enforcers ?
It was the present administration who claimed they were serious about stopping money laundering particularly in Dubai and UAE and now it appears to me the SEC through Reg S AND UNREGISTERED UNAUDITED U.S. 'SECURITIES' IS FACILITATING IT AND PUTS 'THEIR' BUSINESS AHEAD OF ORDINARY U.S. CITIZENS DEFRAUDED IN SUCH SCHEMES EVEN,OR PARTICULARLY,THOSE WITH CONNECTIONS TO DUBAI AND THE UAE !
John Reed Stark UAE,SEC, Georgetown University Stock fraud Academic fraud Cyber fraud
In effect the Bush administration lyed yet again in assuring Americans recently that the UAE and Dubai were now free of money laundering,all in an attempt to sell U.S. ports to his UAE business partners.And John Reed Stark could tell you if he would talk and stop covering up that U.S. penny stocks alone are capable of laundering 10's if not hundreds of billions of dollars of illegal and possibly terrorist funds from hiding the spoils of war and arms smuggling to heroin from Afghanistan.Enough to buy our ports,etc.,
with untraceble 'dirty money' laundered with unaudited U.S.penny stocks !
This is the reason Mr.Stark and his boss SEC Chairman Christopher Cox run the danger of being implicated in money laundering in Dubai and the UAE and elsewhere because they know this and yet have aided and abetted the use of unaudited U.S. penny shares in terrorist suspect money laundering havens around the world and in the UAE in particular.No wonder they now use SEC attorneys to threaten journalists,they know allowing U.S. penny stocks to be used for illegal pump and dump activities alone is illegal and yet they know that unaudited shares they allow http://www.belladorgroup.com of Kuala Lumpur and Dubai alone is proof they are aiding and abetting illegal pump and dump activities for the profit of criminals in Dubai,etc. and because they do not audit U.S.penny stocks anywhere much less in the UAE they are aiding and abetting money laundering with U.S. penny stock shares.Why ?
Speech by SEC Commissioner:
Remarks of Commissioner Paul S. Atkins Before the SEC Speaks Conference
by
Commissioner Paul S. Atkins
U.S. Securities and Exchange Commission
http://www.sec.gov/news/speech/spch030306psa.htm
Beliefs about what cases are career enhancing seem to affect our ability to bring certain cases. Fraud in non-NASDAQ OTC stocks, what most of us think about as the micro-cap market, is by all accounts on the rise. The micro-cap market itself is huge -- the enforcement staff estimates that $57 billion in micro-cap shares trade hands each year. Fraud in this market manifests itself through old-fashioned boiler-rooms with hard-sell cold-calling; new tactics such as cyber-smear or the infamous voicemail that was supposedly incorrectly left on machines giving a bogus stock "tip; and bear raids composed of an unholy alliance of abusive short sellers, stock promoters,class-action lawyers, and others.
We have plenty of power and authority to take more of these cases on (with or without the controversial hedge fund registration rule that dissipates our scarce examination resources and does not add to our enforcement authority). We in fact have succeeded in bringing these cases over the years –some brought with the Justice Department and the FBI, where we have caught organized crime elements. How many of you have gotten a fax promoting a stock that is "just about to take
off or an e-mail inbox full of touting spam? How many cold calls touting outrageous claims have you gotten? I have received these calls – once a dozen years ago when I was sitting at my desk at the SEC (now that's brazen, stupid or both!) – you should have heard the reaction on the other end of the line when the caller found out whom he had called. The guys are too crafty, though, to leave any traceable address or telephone number,try as I will to get one.
These sorts of calls – or faxes or e-mails or voicemails – will not likely ensnare any of you in this room. But, many, many good, honest people do get duped. These are instances of clear bad guys and obvious victims who have been robbed of their money, their dreams, and their futures. There is often little grey area to argue about the fine points of securities law or accounting treatment. Beating micro-cap fraudsters is a fight that we can and must win. So why have we not been able to put more micro-cap promoters out of business? I believe one reason is that junior staff members think that spending
time pursuing pump-and-dump promoters is a poor career investment. If the junior staff believe that only big dollar penalties against corporations will bring a promotion, and managers believe that only these cases will distinguish them from their peers, then is it a surprise that individual staff members avoid spending time pursuing pump-and-dumps?
One way to solve the dilemma may be to reward directly staff members who show a willingness to pursue micro-cap cases. This happened just the other day with John Polise and Joe Cella, who were commended by the FBI for their assistance. Another way might be to improve the efficiency with which we can address repeat pattern cases like micro-cap manipulation. In fact, I should note that one of my own counsel, Kimble Cannon, prepared a report with suggestions for improvements in our approach to micro-cap fraud. We should be looking for ways to improve our internal processes with the goals of eliminating redundancies, increasing the information sharing among the staff, and creating standardized plans of attack so that we can successfully prosecute the enormous volume of micro-cap fraud cases using our existing resources.
DIRTY DUBAI DEALERS HELP FINANCE TERRORISTS
By NILES LATHEM Post Correspondent
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February 21, 2006 -- WASHINGTON — Tens of billions of dollars are laundered every year through banks in the United Arab Emirates, financing evildoers like al Qaeda, Afghan drug lords and even Iran's outlaw nuclear program, according to U.S. intelligence reports.
The controversy over the takeover of ports in New York and five other U.S. cities has shed a white-hot spotlight on the UAE, a country long considered the arms-smuggling and money-laundering capital of the Middle East. U.S. officials say it has an improving — but still shady — record in the war on terrorism.
"It's a mixed and questionable record. They are making progress but not enough to allow a contract like this to go through without the most thorough and complete vetting," House Homeland Security chairman Rep. Peter King (R-L.I.) told The Post.
The country's notoriously lax banking laws, poor control over its legendary gold brokers and low taxes have made money-laundering a $30 billion-a-year business in the UAE.
U.S. intelligence officials said some financing for terrorists in Iraq moves through banks and informal transfer centers known as hawalas in the UAE.
The port in Dubai — managed by Dubai Ports World — has been used as a transshipment center for the movement of arms and guerrillas into Iraq, King said. He added there is no evidence of complicity in this scheme by Dubai Ports World.
niles.lathem [at] nypost.com
http://www.nypost.com/news/worldnews/60221.htm
Is the U.S. at War with the United Arab Emirates?
Submitted by Bob Fertik on February 21, 2006 - 5:51pm.Foreign Relations
Is the U.S. at war with the United Arab Emirates?
This is not an abstract question. In fact, it goes to the heart of Bush's "war on terror." And if we are at war with UAE, is Bush committing treason by putting its government in partial control of U.S. ports?
Bush's "war on terror" began officially on September 18, 2001, when Congress approved Bush's "Authorization for the Use of Military Force", which states:
That the President is authorized to use all necessary and appropriate force against those nations, organizations, or persons he determines planned, authorized, committed, or aided the terrorist attacks that occurred on September 11, 2001, or harbored such organizations or persons, in order to prevent any future acts of international terrorism against the United States by such nations, organizations or persons.
AUMF is a critical document in post-911 history, as it provided the legal basis for the invasion of Afghanistan, which aided and harbored Al Qaeda.
Bush claims AUMF also provides the legal basis for the entirely new category of "enemy combatants," which allows Bush to lock up whoever he wants in prisons around the world, including American citizens in military brigs in the U.S. Many view this exercise of power as
nothing less than dictatorial.
Bush also claims AUMF authorizes him to use the NSA to spy on
Americans without a warrant, which many consider an impeachable offense, and which is under close scrutiny in Congress.
And Bush claimed AUMF authorized the invasion of Iraq, even though no ties between 9/11 and Iraq were ever found:
(2) acting pursuant to the Constitution and Public Law 107-243 is consistent with the United States and other countries continuing to take the necessary actions against international terrorists and terrorist organizations, including those nations, organizations, or persons who planned, authorized, committed, or aided the terrorist attacks that occurred on September 11, 2001.
Bush's lawyers wrote the AUMF as broadly as possible, to include not just the 9/11 hijackers and Al Qaeda, but anyone remotely connected to them. Taken together, these are our enemies in the "war on terror," which according to Bush will never end.
So is the United Arab Emirates covered under AUMF, and are we at war with it?
UAE has many ties to 9/11. Two of the hijackers were UAE nationals, including Marwan Yousef Al-Shehhi, pictured above. Five of the 19 hijackers flew to the U.S. from UAE. Money for the 9/11 attacks was transferred through UAE. UAE was one of only 3 nations to recognize the Taliban when they supported Al Qaeda - and they still recognize the Taliban as the legitimate government of Afghanistan, according to Rep. Curt Weldon (R-PA).
Under Bush's broad interpretation of AUMF, I cannot see how we are not at war with UAE.
And if that's the case, then Bush is committing treason by putting the UAE government in partial control of our vital ports - including 40% of our military supply chain.
Just one more reason to Impeach Bush Now!
"Oceana has always been at war with Eurasia and at peace with Eastasia."
- George Orwell, 1984
Is the U.S. at War with the United Arab Emirates?
http://www.huffingtonpost.com/2006/03/02/top-republican-to-wh-i-_n_16673.html
HEROIN CONNECTION TO UAE PORT DEAL?
Just like many had predicted, post-Taliban Afghanistan has retaken the #1 spot in world opium production.
(http://news.bbc.co.uk/2/hi/business/2814861.stm)
US News and World Report touched on the drug smuggling aspect of the Dubai port back in December. (Thanks to Molly Ivins for referring to it. http://www.usnews.com/usnews/news/articles/051205/5terror.b1.htm)
So for all the bluster about the UAE being intolerant of smuggling and an ally on terrorism, it's not difficult to put the pieces together.
Afghanistan's primary source of income is the drug trade. Opium is traded there like currency. But it eventually must make its way to the customer base around the world.
Additionally, I posted this elsewhere and got this response:
The top shareholder of Dubai Ports World, UAE President and Emir of Abu Dhabi, Sheikh Khalifa bin Zayed bin Sultan Al Nahayan, is the son of the guy behind Bank of Commerce and Credit International, which expedited the heroin shipments, and return money flows of the US first Afghan War in the '80s. (See the Kerry Committee Report on
BCCI: http://www.fas.org/irp/congress/1992_rpt/bcci/)
I am by no means an expert, but I don't think it's a stretch to think that a direct link between the UAE port and ours could open up a very lucrative trade route between Afghanistan and the US. If this UAE port deal goes through, I believe we will see dramatic increase in the heroin supply in this country.
Posted by: Jenius on March 01, 2006 at 10:25pm
Wayne Madsen reported how attempts to follow the money were OBSTRUCTED:
March 1, 2006 -- Dubai -- the emirate has the smoking gun evidence tying the Bush criminal cartel to arms trafficking, Viktor Bout, the Taliban, and Al Qaeda.
Internal documents from the UAE Central Bank in Dubai detail huge money laundering operations in the UAE according to financial industry insiders. Moreover, the Sharjah branch of HSBC Holdings PLC was tied to international arms trafficker Victor Bout, indicted in Belgium for money laundering and named in various UN reports as a chief embargo buster in Africa and Taliban-controlled Afghanistan.
American citizen Iqbal Hakim, a native of India, was the chief
examiner for the UAE Central Bank. Hakim, yet another whistleblower who has been ignored and mistreated by the Bush administration and threatened by Bush's Persian Gulf potentate friends, discovered a suspicious $343 million per year money flow through an HSBC personal account in Dubai. The transactions were investigated by the FBI and the Bureau of Immigration and Customs Enforcement but no prosecutions
resulted.
There are deep-seated ties between the Bush-Cheney criminal cartel, key GOP operatives, and the UAE. Significant questions about the oil industry's ties to the U.S. military-intelligence complex were raised when Michael Trumpower, the owner of Prescott, Arizona-based company Matco, Inc. filed for bankruptcy shortly after George W. Bush's inauguration. In questionable financial moves similar to those of Enron, Matco traded on a lucrative oil concession it was granted for
all offshore exploration off the Emirate of Fujairah for unsecured loans for equipment and services. Fujairah, one of the poorest of the emirates, is led by Sheik Hamad bin Mohammed al Sharqi, one of the more fundamentalist Wahhabi Muslims in the UAE leadership. Al Sharqi patronizes the Fujairah Islamic Call and Guidance Center, which has
recruited a number of foreign adherents of Wahhabi Islam. These include Filipinos, British, Americans, Russians, and Sri Lankans. Moreover, all their native countries are targets of Bin Laden's Al Qaeda. In addition, a number of Pakistani nationals who worked at the National Bank of Fujairah were known by international law enforcement to be sympathetic to the Taliban.
Trumpower's close ties to Sheikh Hamad are only rivaled by his close ties to the CIA. Although he became strapped for cash after his company tanked, Trumpower, like Enron's Kenneth Lay, was a major contributor to the Bush campaign and those of other Republican candidates, including that of powerful House Rules Committee member, Representative Thomas Reynolds of New York. Reynolds was in a prime position to derail any House investigation of the GOP-CIA-oil industry ties.
In the mid-1980s, Trumpower was an associate of Iran-contra figure Oliver North. North claims Trumpower was instrumental in helping to free U.S. hostages in Lebanon. That affair was the heart of the Iran-contra scandal in which several current and former Bush administration officials took part. These include National Security Council Middle East adviser Elliot Abrams, former Defense Department Information Awareness Office chief Admiral (retired) John Poindexter, and Assistant Secretaries of State for Latin American Affairs Otto Reich and Roger Noriega. The old Iran-contra fraternity remains largely intact. In 2000, North and Trumpower jointly appeared at a
Republican fundraising dinner in Arizona.
Trumpower was also close to the reigning Emir of Sharjah, who granted the shadowy ex-CIA agent of influence rights to drill in a strip of ocean bordering Fujairah. Sharjah was a major base of operations for Al Qaeda and the Taliban, which used the emirate to smuggle weapons and drugs using Ariana Afghan Airlines security credentials. Sharjah was a base of operations for Viktor Bout's Air Cess operations, which
was accused of running weapons to the Taliban and gun running
activities in Africa, especially the Democratic Republic of Congo.
From his base in Sharjah in the Gulf, Bout was servicing Ariana Afghan Airline flights to Kandahar, Afghanistan. These flights were believed to be ferrying weapons and Al Qaeda and Taliban volunteers to Afghanistan and the Clinton National Security Council strongly believed Bout was aiding terrorism. Belgium issued an INTERPOL international arrest warrant for Bout for money laundering and diamond smuggling. Clinton White House counter-terrorism czar Richard Clarke wanted an arrest warrant issued for Bout. Gayle Smith, Clinton's National Security Council Africa bureau chief,along with CIA and British MI-6 agents, kept a wary eye on Bout's activities in Africa's conflicts.
At heart of Dubai scandal: Taliban and Al Qaeda weapons smuggler and U.S. contractor Viktor Bout
After Bush was inaugurated in 2001, Sharjah police sent a special police unit to Sharjah airport to capture Bout and hand him over to U.S. authorities, but the White House declined. National Security Adviser Condoleezza Rice told U.S. intelligence that when it came to Bout, "look but don't touch." After 911, Rice inexplicably called off all operations aimed at Bout. Law enforcement and intelligence agents
considered such a move amazing, considering Bout's direct links to smuggling arms to the Taliban and Al Qaeda, as well as to other areas of the world that were rife with Islamist terrorist groups.
Next door to Sharjah is Dubai, the center of CIA spying in the
region, according to U.S. intelligence sources. Dubai's Dolphin Energy Ltd. was a quarter-owned by Enron before the firm's collapse. Dolphin's CEO was UAE Foreign Minister Sheikh Hamdan bin Zayed Al Nahayan. Bout was reported by the UN to be using Flying Dolphin Airlines, which operated scheduled flights between Dubai and Kandahar between October 2000 and January 2001, to ship arms to the Taliban. Flying Dolphin was owned by Shaikh Abdullah bin Zayed bin Saqr al Nahayan, a former UAE ambassador to the U.S. and a relative of the
President of the UAE, who is also the ruler of Abu Dhabi. Flying Dolphin was registered in Bout's favorite home base of Liberia although its main office was in Dubai.
In addition, Bout's Texas-based Air Bas had rights to refuel at U.S. bases in Iraq. One of Bout's airfreight companies, Airbus, was subcontracted through another firm called Falcon Express of Dubai, by Kellogg, Brown and Root, the subsidiary of Halliburton. Air Bas also had links to Falcon Express.
In July 2001, Osama bin Laden was reported to have received kidney treatment at the American Hospital in Dubai with the blessing of the Dubai and UAE governments. At the time of his hospitalization, Osama Bin Laden was reported by the French newspaper Le Figaro and Radio France International to have been visited on July 12, 2001, by Larry Mitchell, the CIA chief in Dubai who was said to have had close contacts with all the Gulf royal families. Mitchell was reportedly called back to CIA headquarters in Langley, Virginia on July 15,
2001. The Carlyle Group, with George H. W. Bush, James Baker III, and the Bin Laden family as major principals, bought a 42 percent stake (from a previous 4.9 percent stake) in Le Figaro after the paper on October 31, 2001, reported on the Bin Laden meeting with the CIA station chief in Dubai.
The Bush criminal cartel: fingerprints all over Dubai ports deal
One of Neil Bush's best friends and advocates in the Middle East is the Emir of Dubai, Shaikh Mohammed bin Rashid al Maktoum, an individual who often crossed paths with the Taliban and Al Qaeda on his frequent hunting and falconing trips to eastern Afghanistan. In the wake of 911, Rashid, who was the Defense Minister of the United Arab Emirates and then Dubai Crown Prince, said the following, "The United States must not to act in haste, it must give diplomacy and
legal means every opportunity before launching a military strike on Afghanistan, it must not rush to accuse people without hard evidence." The UAE was only one of three countries to recognize the Taliban, which acquiesced to the financing of Al Qaeda and other terrorist groups. In October 2001, while visiting Dubai just weeks after 911, Neil Bush praised the Shaikh Rashid as a man with "foresight and vision." In the same speech, Neil Bush said something that should chill the bones of every American--he said the following about his learning-disabled son Pierce, "My father was the 41st president and my brother is 43rd. I think that if Pierce finishes high school, he'll be the 50th president of the United States." Rashid also just so happened to be in charge of a project to put computers in UAE schools and Neil Bush was hawking the services of his Ignite! Inc., an e-learning educational software company.
Carlyle has its fingerprints on the Dubai Ports world deal to assume control of six major U.S. ports from Peninsular and Oriental Steam Navigation Company (P&O). After Treasury Secretary John Snow left CSX Corporation as its chairman, CSX Lines was sold to Carlyle, which renamed it Horizon Lines. David Sanborn, who was a CSX executive under Snow, became director of European and Latin American operations for Dubai Ports World and arranged to sell the Dubai state-owned firm
CSX port operations in South America and Asia. Sanborn was then appointed Assistant Secretary of Transportation for Maritime Administration (MARAD), the oversight agency for U.S. shipping and ports. The Dubai Ports World deal to take over U.S. port operations was signed off by the Committee on Foreign Investment in the United States (CFIUS), chaired by Sanborn's old CSX boss Snow. Perhaps not coincidental to the lucrative port deals, the Dubai Investment Corporation recently invested $100 million in The Carlyle Group. And
Dubai Ports World's deal involves taking over operations at more than just six U.S. ports -- New York, New Jersey, Philadelphia/Camden, Baltimore, Miami, and New Orleans.
P&O's web site states the Dubai Ports World deal involves stevedore operations at 21 U.S. ports: Portland, ME; Boston, Davisville, RI; New York; Newark; Philadelphia; Camden, NJ; Wilmington, DE; Baltimore; Newport News, VA; Norfolk, VA; Portsmouth, VA; Miami; Lake Charles, LA, New Orleans; Beaumont, TX; Port Arthur, TX; Galveston, TX; Houston; Corpus Christi; and Freeport, TX.
The magazine In These Times reported yet another former CIA officer who had ties to the Gulf and who was heavily involved with the oil industry. He is Stephen "Satch" Baumgart of Reston, Virginia. He reportedly helped funnel arms to Sadaam Hussein in the 1980s with the approval of the CIA, which had, at the time, tilted to Baghdad in its war with Iran. Baumgart was linked to another Republican contributor and oil mogul, Pierre Falcone of Scottsdale, Arizona. Falcone was implicated in a complex guns-for-oil scandal involving Angola and Vice President Dick Cheney's old company, Halliburton, a major player with the Luanda regime. Another player in that scandal was Russian-Israeli mobster Arkady Gaydamak, who is tied into an international network of smugglers connected to Marc Rich, Scooter Libby's one-time client. Falcone was also closely linked to Arizona Republican State Senator Scott Bundgaard, who ran for the House of Representatives' Second District in Arizona.
There is also a connection between the scandal-plagued firm Custer Battles, which has been under investigation for fraud in Iraq security contracts, and Dubai. Custer Battles was formed in 2003 by Mike Battles, aged 33, a former U.S. Army and CIA officer and Scott Custer, also a former U.S. Army Ranger and employee of SAIC. Custer was Battles's campaign assistant in a failed 2002 congressional race against Rhode Island Democratic Representative Patrick Kennedy. Custer Battles initial financing is sketchy but it is known that the
company received $15 million in seed money from a Dubai venture capital firm. The venture capital firm hoped to raise an additional $100 million for Custer Battles ventures in Iraq. Battles refused to disclose the name of the Dubai firm.
A mercenary firm that supplies ex-South African counter-insurgency Koevoet commandos has links to Dubai. The firm, Erinys International, which established an Erinys Iraq branch, has its headquarters in London with offices in Johannesburg and Dubai.
Vice President Dick Cheney's old company, Halliburton, has some interesting partners in its work in occupied Iraq. On Dec. 11, WMR reported on links between Halliburton/Kellogg, Brown & Root and a Viktor Bout-owned airline based in Moldova, Aerocom/Air Mero. Bout's airlines have also reportedly been involved in flying low wage earners from East Asia to Dubai and on to Iraq where they work for paltry salaries in sub-standard living conditions. Halliburton/KBR has sub-contracted to a shadowy Dubai-based firm, Prime Projects International Trading LLC (PPI), which "trades" mainly in workers from Thailand, the Philippines, Nepal, India, Pakistan, and other
poor Asian nations.
In 2004, after a Filipino PPI worker was killed in a mortar attack on Camp Anaconda in Iraq, the Philippines government of Gloria Macapagal-Arroyo ordered PPI, which is based at P.O. Box 42252, Dubai, UAE, to send overseas Filipino workers OFWs) home from Iraq and Kuwait and banned it from further recruiting in the Philippines.
Some of PPI's recruiting included running ads on the Internet. In addition to the other south Asian employees, the Philippine workers were employed by PPI under a Pentagon sweetheart umbrella contract let to KBR under the LOGCAP (Logistics Civil Augmentation Program) III program.
Although little is known about PPI, it reportedly has been linked to Halliburton/KBR for a number of years and has been associated with Halliburton contracts in the Saudi Arabia, Kuwait, and the Balkans during the time when Dick Cheney headed the firm. PPI has also been involved in operations at Guantanamo Bay, Cuba, where Filipino workers were involved in building the prison housing suspected "Al Qaeda" prisoners.
Inside sources report that PPI has some high level financial
partners, including the al Nahayan royal family of the United Arab Emirates and Vice President Cheney.
Posted by: Rese on March 03, 2006 at 02:52am
http://www.law.georgetown.edu/curriculum/tab_faculty.cfm?Status=Faculty&Detail=140
John Reed Stark
Adjunct Professor of Law; Chief, Office of Internet Enforcement, U.S.
Securities and Exchange Commission
Contact this faculty member (new window will open)
B.A., cum laude, Union College; J.D., Duke. Professor Stark serves as Chief of the Office of Internet Enforcement in the Division of Enforcement of the U.S. Securities and Exchange Commission and Counselor to the Director. His job entails the direction, coordination and implementation of the Enforcement Division's Internet Program. As the first attorney charged with leading the Division's Internet program, Professor Stark has played a role in the more than 450 Internet-related actions the Commission has brought against over 1500 persons and entities. Professor Stark has investigated Internet matters involving fraudulent investments for sale; boiler-room type market manipulations; unlawful touting of public companies; pyramid schemes; ponzi schemes; schemes targeting
particular affinity groups, online momentum trading services,
daytrading recommendation sites as well as many other types of
securities violations. He lectures throughout the country to the public, to other law enforcement personnel and to international law enforcement authorities on the subject of the Internet and the securities laws. He also serves as an instructor at Quantico for various FBI training courses and has conducted numerous training sessions for other federal, state and local regulatory and law enforcement authorities. As well as co-chair of an ABA Subcommittee on "Securities Law and the Internet." He also acts as a media-spokesperson for the Commission on Internet related issues, participating in television, radio, newspaper and online chat interviews addressing Internet-related issues. Professor Stark has
also published a wide range of articles on the securities laws and the Internet. He started in the Enforcement Division in September 1991, with a brief interruption to serve on a detail as a Special Assistant U.S. Attorney for the United States Attorney's Office for the District of Columbia. As an AUSA, Professor Stark prosecuted street crimes mostly pertaining to guns, drugs and domestic violence.
Prior to joining the SEC, Professor Stark worked as an associate for the law firm of Arent, Fox, Kintner, Plotkin & Kahn PLLC. To view the syllabus, a complete course description as well as all of the materials for the course entitled
"Securities Law and the Internet," please visit Professor Stark's website for additional course information. On Professor Stark's website, you will find everything you need to know about his course. Given that all of the materials are presented online, you need not purchase any book, materials, etc. for this course (no costs whatsoever).
Selected publications.
Updated March 20, 2000.
http://www.blythe.org/Intelligence/readme/111sum
February 2000, p. 22 USA - The SEC's Cyber Spies "Go Fishing". Five years ago, John Reed Stark, of the Securities and Exchange Commission (SEC) enforcement division, sent out an internal email inviting employees to join a new Internet surveillance group called the CyberForce. The idea caught on and one of the first steps he did was assign volunteers to surf the Web for several hours a week just to look for possible securities law violations. In law enforcement
terms, this is "a fishing expedition" and is usually illegal or at least undefendable in court. But it worked for Stark who is now the chief of the SEC Office of Internet Enforcement and its 250 specially-trained employees for whom Internet "fishing"
-- enforcement -- is now a regular part of the job.
--------------------------------------------- Intelligence, N. 111, 7
February 2000, p. 24 CANADA
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CIA James Woolsey,Asa Hutchinson,Tom McMillen, Fortress America,offshore money laundering
http://thunderbay.indymedia.org/news/2006/03/22698.php
D.C.Terrorbaggers:James Dale Davidson,Don Nickles, ex-CIA Chief Woolsey,Asa Hutchinson,Tom McMillen
http://www.okimc.org/newswire.php?story_id=1383
Lycos ' RagingBull aids offshoring of stolen money
http://news.com.com/5208-1028-0.html?forumID=1&threadID=11236&messageID=83465&start=-1
Yahoo protects stock mafia , death threats
http://news.com.com/5208-1038-0.html?forumID=1&threadID=10346&messageID=76947&start=-1
NCANS IS NAANSS FRAUD.
http://news.com.com/5208-1030-0.html?forumID=1&threadID=14617&messageID=122158&start=-1
Former Clinton Under Secretary of Commerce Robert Shapiro,James Dale Davidson,attorney John M O'Quinn stock scam
http://www.ftaaimc.org/or/2006/03/7229.shtml
Senator Bennett :Is Patrick Byrne's NCANS a Fraud ?
http://utah.indymedia.org/news/2005/10/11883_comment.php
Agora Inc,Bill Clinton,James Davidson,stock fraud and political fraud
http://colorado.indymedia.org/newswire/display/11984/index.php
Is Arizona attorney Ron Logan aiding international penny stock fraud ?
http://utah.indymedia.org/news/2005/09/11777.php
CFRN,Bud Burrell,attorney Ron Logan,'naked short' penny stock scam,Phoenix,Arizona
http://www.indybay.org/news/2006/02/1805268.php
Did Utah SEC's Brent Baker cover up for National Taxpayers Union Founder ?
http://www.utah.indymedia.org/news/2005/10/11937.php
Houston attorneys John O'Quinn,Wes Christian aid massive penny stock fraud
http://www.okimc.org/newswire.php?story_id=1289
The Byrnes,John Edwards,Attorney O'Quinn,Swift Boat Vets,Money Laundering
http://chapelhill.indymedia.org/news/2005/10/16530.php
To SEC : James Angel,Georgetown University,Aids Penny Stock Fraud
http://cvilleindymedia.org/newswire.php?story_id=1800
Bill Bonner :Agora Inc,Baltimore has aided penny stock fraud
http://www.chapelhill.indymedia.org/news/2005/10/16736.php
Agora Inc.meets George Tenet in New Orleans,touts penny stock for CIA
http://chapelhill.indymedia.org/news/2005/10/16883.php
Agora Inc., Bill Bonner , Porter Stansberry , Jim Davidson and fraud
http://richmond.indymedia.org/newswire/display/11263/index.php
Charles Schwab and Share-Money Laundering
http://sfbay.indymedia.org/news/2005/06/1747107.php
Israel: Gal Lusky's 'IFA' Caught Up in Moshe Katsav,Mohamed Hadid, Zwebner 'UCSY' scam ?
http://hm.indymedia.org/newswire/display/11733/index.php#quickcomment
Only in America to my knowledge is a major scam or false claim called 'naked short selling' or anti-naked short selling' allowed by the U.S. Securities Exchange Commission to be used to mask or divert attention from illegal pump and dump or manipulation of penny stocks and penny stock near do wells such as Taser stun gun company and Patrick Byrne's Overstock.com who also operates a website called NCANS or National Coalition Against Naked Short Selling.And it is a total lie and fraud with websites created especially to promote the myth and often tout penny stocks.Recently generally unprofitable Nasdaq stocks have begun to make the false claim that counterfeit shares are being sold when in fact the worthless shell companies are themselves cranking out more shares to dump or sell to naive investors. It is my contention that this is an organized crime indeed that stretches to Kuala Lumpur and Dubia or UAE and points in between even though the fraudulent claim is only made in the U.S. where the worthless shares eventually wind up.
U.S penny stock shares may serve their greatest 'purpose' for money laundering because the SEC does not audit penny stock shares as they are issued and dumped to any great extent leaving it virtually impossible to calculate or track money flow as shares or bought and sold.This is the precise reason this fraudulent 'naked shorting' claim has flowered in the U.S. penny stock scam 'industry' and more recently to scammy Nasdaq companies in the U.S..and although the U.S. SEC pretends it doesn't see,both Americans with offshore accounts and foreign nationals are involved in promoting this 'industry' of worthless penny stock share of worthless or non-existent companies and 'dumping' or selling shares to naive investors or suckers.It is my belief these worthless unadited shares serve an equally or more 'valuable' need of certain elite to launder money as well including in Dubai and the UAE where W Bush et.al. says it doesn't occur anymore..
Why does Securities Exchange Commission's John Reed Stark of internet enforcement not enforce ? Why have so many fraudulent internet websites proliferated under his reign of internet securities fraud and cyber fraud terror ? Is John Reed Stark aiding a sick psychological and stock fraud experiment as well as fraud upon investors by doing nothing to stop internet securities fraud and psychological abuse even using religion and death threats as well as fraudulent 'naked shorting' claims,etc. to promote stock fraud ? And the anonymous internet threats come from people he can and has identified already on the world wide web and on ragingbull and Yahoo and their extended websites and yet does nothing about it except to protect the criminals.John Reed Stark and other SEC officials are now responsible for allowing illegal pump and dump scams and probable money laundering with unaudited U.S. penny stocks in Dubai,UAE and for this reason alone should resign in mass or be convicted for this traitorous fraud against Americans.
One reason John Reed Stark Chief of the Office of Internet Enforcement (OIE) in the Division of Enforcement of the U.S. Securities and Exchange Commission is particularly singled out among other SEC employees is that his job is preventing stock fraud on the internet and penny stocks are the chief source of fraudulent websites and promotions.This includes the penny stocks now being bought and sold in Dubai and around the world as we speak.They may be bought and sold by anonymous individuals or protected penny stock boiler room operations offshore but in the end they return to the U.S. and retail penny stock market to be sold to naive and defrauded individuals after they have served the purpose of scam
penny stock dealers,boiler room operators, and money launderers offshore.
In fact the U.S. SEC by allowing,condoning,and even encouraging money laundering with unaudited U.S. penny stocks around the world provides the very same informal and unaudited money transfer system called 'hawala' that the U.S. government complains about for its potential to aid terrorists ! The unaudited U.S. penny stocks provided in mass to boiler rooms and criminal underworld around the world behave and compliment and are a form of 'hawala' !
From Interpol website :
What is hawala?
--------------------------------------------------------------------------------
Hawala (1) is an alternative or parallel remittance system. It exists and operates outside of, or parallel to 'traditional' banking or financial channels. It was developed in India, before the introduction of western banking practices, and is currently a major remittance system used around the world. It is but one of several such systems; another well known example is the 'chop', 'chit' or 'flying money' system indigenous to China, and also, used around the world. These systems are often referred to as 'underground banking'; this term is not always correct, as they often operate in the open with complete legitimacy, and these services are often heavily and effectively advertised.
...............................................................................................................
And who will write the book on the SEC and tell us why they aid penny stock fraud and I believe money laundering with unaudited U.S. penny stock shares including in Dubai and UAE ?
Why does John Reed Stark of internet enforcement not enforce ? Why have so many fraudulent internet websites proliferated under his reign of internet securities fraud and cyber fraud terror ? Is John Reed Stark aiding a sick psychological and stock fraud experiment as well as fraud upon investors by doing nothing to stop internet securities fraud and psychological abuse even using religion as well as fraudulent 'naked shorting' claims,etc. to promote stock fraud and threats from people he can and has identified already on the world wide web and on ragingbull and Yahoo and their extended websites and yet does nothing about except to protect ? Are David Patch's http://www.investigatethesec.com and Patrick Byrne's http://www.ncans.net and 'Bobo' O'Brien's http://www.thesanitycheck.com not just John Reed Stark jokes and approved websites for securities fraud and psychological abuse ?
John Reed Stark even reminds me of David Patch in many ways.David Patch runs major penny stock fraud websites and poses as a 'business journalist' and seems to have SEC and Beltway connections and John Reed Stark and SEC Chairman Christopher Cox allow and condone this James Dale Davidson connected fraudster and his internet penny stock 'touting' websites adding to his 'credibility' so he can defraud more victims.The SEC and Mr.Stark should be warning about James Dale Davidson, Patrick Byrne,David Patch,Gary Valinoti,Bud Burrell,Steve Wark,attorney John M O'Quinn,ex Commerce Under Secretary Robert Shapiro,ex SEC attorney Brent Baker,et.al., and all the myriad penny stock 'companies' they promote as 'victims' of 'naked short selling'.
Instead the SEC allows David Patch to pass himself off as a business journalist,(just as the White House allowed the right wing gay website promoter James Dale Guckert or Jeff Gannon to pass himself off as a political journalist),and touting Jag Media Holdings of the known penny stock promoter and con artist Gary Valinoti, and myriad other known penny stock scams as victims of 'naked short selling' when even the SEC realises they are nothing but illegal pump and dump frauds and that Valinoti dumped unregistered shares himself and called them 'naked shorts' ! Yet the SEC and John Reed Stark allow and encourage his and the others unending stock fraud websites in association with http://www.ncans.net and http://www.investigatethesec.com as well as Gayle Essary's ' FinancialWire' and its penny stock touting and fraudulent 'naked short selling' claims to cover up,(and not very well),illegal pump and dump scams the SEC protects.
Should Mr.Stark have to take some responsiblity equally for these years of penny stock securities terrorism under his reign along with his fellow Beltway perpetraitors Dave Patch, Bill Bonner,James Dale Davidson and many more unnamed ?
Note this post from siliconinvestor clearly stating that http://www.ncans.net has an interested audience IN THE UAE AND KUWAIT AND SAUDI ARABIA !
And the website is devoted to U.S.penny stocks and fraudulent claims of their shares being 'naked shorted',many that find there way to this Middle East money laundering 'mecca'.Yes the SEC needs to be investigated all right as well as U.S.penny stocks they allow boiler room operators like Mr.Taylor of http://www.belladorgroup.com to operate out of Dubai - but not by the likes of the SEC's pal Dave Patch and his phoney http://www.investigatethesec.com penny stock promotion website that is part of this traitorous fraud upon America and Americans !
http://www.siliconinvestor.com/readmsg.aspx?msgid=21606288
To: Kevin Podsiadlik who wrote (92160) 8/15/2005 3:53:18 PM
From: scionist Read Replies (1) of 94008
I read it - and the Jeff Matthews blog caught the tone of it nicely.
Here's an extract pertinent to this board -
Now take the Elgendi case, you know --
and you can find this on the Internet -- that Elgendi, who was this guy who was paying off folks for, federal agents for inside information. Elgendi liquidated his stock portfolio on September 10, 2001. His stock portfolio for himself and his
children. Start digging into the hedge funds and you start coming across some very strange things going on. You know who reads O’Brian's log? You can tell from the IP’s, and they don’t mask their IP’s. Folks from the SEC read it of course, and I can understand that. There are also a bunch of folks come from Kuwait and Saudi Arabia and the United Arab Emirates to read what’s going on in this movement.
http://www.shareholder.com/overstock/downloads/TranscriptLawsuit.pdf
Why doesn't SEC Commissioner Paul Atkins not 'connect the dots' and see that his $58 billion estimate in U.S. penny stock pump and dumps must include money laundering in Dubai, Kuala Lumpur, etc. by the likes of Bellador Group and other boiler rooms the SEC allows to commit fraud around the globe with U.S. penny stocks ? How can Mr.Atkins arrive at any estimate at all when the SEC at this moment is working with Bellador Group of Kuala Lumpur and Dubai to cover up the ammount of U.S. stocks and shares they are dealing with and probably laundering money with in terrorist suspect money laundering nations ? If the SEC were not covering up and instead auditing U.S. penny stocks they might be able to provide credible data but this $57 billion pump and dump fraud estimate is backed up by no credible data and NO MENTION IS MADE OF THE MONEY LAUNDERING THAT THESE PENNY STOCK SHARES ARE NO DOUBT ALSO BEING USED FOR IN DUBAI THANKS TO MR.PAUL ATKINS ET.AL.
When I say the SEC is working with the Bellador Group boiler room of Dubai,etc.,I mean it.Even now belladorgroup.com lists Endovasc a penny stock that ripped me off with fraudulent claims of 'Phase III' drug development of a Stanford patent is listed on their world wide web and Dubai website.The SEC has allowed both the Endovasc of Montgomery,Texas fraud ring of Judge Ken Reilly,Dwight Cantrell,Diane Dottavio,Robert Johnson,David P Summers,et.al. and their fraudulent attorney John O'Quinn claim they were victims of 'naked shorting' by Charles Schwab,Refco,and Ameritrade.And yet both the SEC and I have the 'shareholder agreement' of 2002 to deposit 'up to 30 million shares' of Endovasc into ONE Charles Schwab account and then James Dale Davidson and his Beltway connected Agora Inc. promoted the fraud and dumped shares ! Mr.Taylor of Bellador Group and his Arizona attorney Ron Logan have since posted messages on David Marchant's commendable http://www.offshorebusiness.com message board and besides threatening me for posting the truth there lyed themselves about Endovasc being a victim of 'naked shorting'.This is a continuation of the fraudulent claim of James Dale Davidson,attorney O'Quinn and Endovasc 'management' or share-money launderers with penny stock shares that the SEC aids by refusing to audit outstanding shares so money can be laundered undetected. NCANS is NAANSS.( Do google search ' ncans naanss ' )
And if the SEC's Paul Atkins has not included money laundering in that pump and dump figure he has not done a valid calculation and his figure is 'conservative' to say the least. Mr.Atkins' phoney 'libertarian' label that he gives himself reminds me all too much of far right frauds such as James Dale Davidson who hide behind this meaningless label and are really pro fraud,just as they hide behind a phoney patriotism while ripping off any American they can and laundering the stolen goods overseas in Bermuda or Isle of Man,Europe,and now Dubai and UAE is 'sheik'.
The very reason John Reed Stark's colleague at Georgetown University,James J Angel,could lie about 'naked short selling' to cover up this pump and dump fraud and probable money laundering with U.S. penny shares in Dubai,etc.,is the same reason Mr.Atrkins estimation is also a fraudulent joke.The clowns at the SEC DON'T AUDIT U.S. PENNY STOCK SHARES EITHER ONSHORE IN THE U.S. OR OFFSHORE AND SO,LIKE JAMES ANGEL,HAVE NO NUMBERS ARE STATISTICS TO LIE WITH.Yet they lie.An old book was titled,'How to Lie With Statistics'.I guess the author never heard of Georgetowen University's 'business' professors James Angel and John Reed Stark or the SEC's Paul Atkins who'll lie about statistics they don't even have and refuse to compile in order to protect the guilty AND MONEY LAUNDERING WITH U.S. PENNY STOCKS IN DUBAUI ! Statistics ? They don't need no damn statistics.
This is also why attorney John O'Quinn and ex SEC attorney Brent Baker(who helped cover up and protect James Dale Davidson and his Agora Inc. fraudulent Endovasc and Genemax pump and dumps and
'naked shorting' claims while he was an attorney for the SEC) feel so secure in their lies and frauds for Overstock.com's Patrick Byrne and his fraudulent http://www.ncans.net and http://www.thesanitycheck.com websites that claim his scammy company and many known fraudulent penny stock companies that the SEC allows to dump unaudited shares are victims of 'naked short selling' when the truth is they are only illegal penny stock pump and dump scams and probable money laundering operations the SEC does nothing about or even protects.
I really do believe we now have the Beltway on or in Wall Street which is worse than,'The Mafia On Wall Street',that Gary Weisse wrote about for
'Businessweek' in the 1990's and this does not bode well for the future of the market.The CIA among others should be investigating boiler rooms such as Bellador Group to prevent the use of unaudited U.S. penny stock shares,(rumor is Bellador Group has recommended SRA International, Applied Micro-Devices and thus Homeland Security and non-penny stocks to its Dubai,etc. clients as well), shares and thus money flows that the likes of SEC'S John Reed Stark,Paul Atkins,Chairman Cox et.al. seem to wish to protect and cover up.
You may wish to visit Gary Weiss's own blog where he has been writing his own take on this 'naked short selling' or 'anti-naked short selling' mafia that he refeers to as the 'baloney brigade' :
http://www.garyweiss.blogspot.com/
But when the CIA is now officially a part of Wall Street with its own 'non profit' In-Q-Tel 'investment' group(that even invests in SRA International that provides the CIA and Bush his 'daily briefing' and has expertise in spying on Wall Street as creators of Mantas anti-money laundering software)and perhaps with its own interest in laundering money with worthless U.S. penny stock shares,etc., in parts of the world such as Dubai,who is watching the enforcers ?
It was the present administration who claimed they were serious about stopping money laundering particularly in Dubai and UAE and now it appears to me the SEC through Reg S AND UNREGISTERED UNAUDITED U.S. 'SECURITIES' IS FACILITATING IT AND PUTS 'THEIR' BUSINESS AHEAD OF ORDINARY U.S. CITIZENS DEFRAUDED IN SUCH SCHEMES EVEN,OR PARTICULARLY,THOSE WITH CONNECTIONS TO DUBAI AND THE UAE !
John Reed Stark UAE,SEC, Georgetown University Stock fraud Academic fraud Cyber fraud
In effect the Bush administration lyed yet again in assuring Americans recently that the UAE and Dubai were now free of money laundering,all in an attempt to sell U.S. ports to his UAE business partners.And John Reed Stark could tell you if he would talk and stop covering up that U.S. penny stocks alone are capable of laundering 10's if not hundreds of billions of dollars of illegal and possibly terrorist funds from hiding the spoils of war and arms smuggling to heroin from Afghanistan.Enough to buy our ports,etc.,
with untraceble 'dirty money' laundered with unaudited U.S.penny stocks !
This is the reason Mr.Stark and his boss SEC Chairman Christopher Cox run the danger of being implicated in money laundering in Dubai and the UAE and elsewhere because they know this and yet have aided and abetted the use of unaudited U.S. penny shares in terrorist suspect money laundering havens around the world and in the UAE in particular.No wonder they now use SEC attorneys to threaten journalists,they know allowing U.S. penny stocks to be used for illegal pump and dump activities alone is illegal and yet they know that unaudited shares they allow http://www.belladorgroup.com of Kuala Lumpur and Dubai alone is proof they are aiding and abetting illegal pump and dump activities for the profit of criminals in Dubai,etc. and because they do not audit U.S.penny stocks anywhere much less in the UAE they are aiding and abetting money laundering with U.S. penny stock shares.Why ?
Speech by SEC Commissioner:
Remarks of Commissioner Paul S. Atkins Before the SEC Speaks Conference
by
Commissioner Paul S. Atkins
U.S. Securities and Exchange Commission
http://www.sec.gov/news/speech/spch030306psa.htm
Beliefs about what cases are career enhancing seem to affect our ability to bring certain cases. Fraud in non-NASDAQ OTC stocks, what most of us think about as the micro-cap market, is by all accounts on the rise. The micro-cap market itself is huge -- the enforcement staff estimates that $57 billion in micro-cap shares trade hands each year. Fraud in this market manifests itself through old-fashioned boiler-rooms with hard-sell cold-calling; new tactics such as cyber-smear or the infamous voicemail that was supposedly incorrectly left on machines giving a bogus stock "tip; and bear raids composed of an unholy alliance of abusive short sellers, stock promoters,class-action lawyers, and others.
We have plenty of power and authority to take more of these cases on (with or without the controversial hedge fund registration rule that dissipates our scarce examination resources and does not add to our enforcement authority). We in fact have succeeded in bringing these cases over the years –some brought with the Justice Department and the FBI, where we have caught organized crime elements. How many of you have gotten a fax promoting a stock that is "just about to take
off or an e-mail inbox full of touting spam? How many cold calls touting outrageous claims have you gotten? I have received these calls – once a dozen years ago when I was sitting at my desk at the SEC (now that's brazen, stupid or both!) – you should have heard the reaction on the other end of the line when the caller found out whom he had called. The guys are too crafty, though, to leave any traceable address or telephone number,try as I will to get one.
These sorts of calls – or faxes or e-mails or voicemails – will not likely ensnare any of you in this room. But, many, many good, honest people do get duped. These are instances of clear bad guys and obvious victims who have been robbed of their money, their dreams, and their futures. There is often little grey area to argue about the fine points of securities law or accounting treatment. Beating micro-cap fraudsters is a fight that we can and must win. So why have we not been able to put more micro-cap promoters out of business? I believe one reason is that junior staff members think that spending
time pursuing pump-and-dump promoters is a poor career investment. If the junior staff believe that only big dollar penalties against corporations will bring a promotion, and managers believe that only these cases will distinguish them from their peers, then is it a surprise that individual staff members avoid spending time pursuing pump-and-dumps?
One way to solve the dilemma may be to reward directly staff members who show a willingness to pursue micro-cap cases. This happened just the other day with John Polise and Joe Cella, who were commended by the FBI for their assistance. Another way might be to improve the efficiency with which we can address repeat pattern cases like micro-cap manipulation. In fact, I should note that one of my own counsel, Kimble Cannon, prepared a report with suggestions for improvements in our approach to micro-cap fraud. We should be looking for ways to improve our internal processes with the goals of eliminating redundancies, increasing the information sharing among the staff, and creating standardized plans of attack so that we can successfully prosecute the enormous volume of micro-cap fraud cases using our existing resources.
DIRTY DUBAI DEALERS HELP FINANCE TERRORISTS
By NILES LATHEM Post Correspondent
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February 21, 2006 -- WASHINGTON — Tens of billions of dollars are laundered every year through banks in the United Arab Emirates, financing evildoers like al Qaeda, Afghan drug lords and even Iran's outlaw nuclear program, according to U.S. intelligence reports.
The controversy over the takeover of ports in New York and five other U.S. cities has shed a white-hot spotlight on the UAE, a country long considered the arms-smuggling and money-laundering capital of the Middle East. U.S. officials say it has an improving — but still shady — record in the war on terrorism.
"It's a mixed and questionable record. They are making progress but not enough to allow a contract like this to go through without the most thorough and complete vetting," House Homeland Security chairman Rep. Peter King (R-L.I.) told The Post.
The country's notoriously lax banking laws, poor control over its legendary gold brokers and low taxes have made money-laundering a $30 billion-a-year business in the UAE.
U.S. intelligence officials said some financing for terrorists in Iraq moves through banks and informal transfer centers known as hawalas in the UAE.
The port in Dubai — managed by Dubai Ports World — has been used as a transshipment center for the movement of arms and guerrillas into Iraq, King said. He added there is no evidence of complicity in this scheme by Dubai Ports World.
niles.lathem [at] nypost.com
http://www.nypost.com/news/worldnews/60221.htm
Is the U.S. at War with the United Arab Emirates?
Submitted by Bob Fertik on February 21, 2006 - 5:51pm.Foreign Relations
Is the U.S. at war with the United Arab Emirates?
This is not an abstract question. In fact, it goes to the heart of Bush's "war on terror." And if we are at war with UAE, is Bush committing treason by putting its government in partial control of U.S. ports?
Bush's "war on terror" began officially on September 18, 2001, when Congress approved Bush's "Authorization for the Use of Military Force", which states:
That the President is authorized to use all necessary and appropriate force against those nations, organizations, or persons he determines planned, authorized, committed, or aided the terrorist attacks that occurred on September 11, 2001, or harbored such organizations or persons, in order to prevent any future acts of international terrorism against the United States by such nations, organizations or persons.
AUMF is a critical document in post-911 history, as it provided the legal basis for the invasion of Afghanistan, which aided and harbored Al Qaeda.
Bush claims AUMF also provides the legal basis for the entirely new category of "enemy combatants," which allows Bush to lock up whoever he wants in prisons around the world, including American citizens in military brigs in the U.S. Many view this exercise of power as
nothing less than dictatorial.
Bush also claims AUMF authorizes him to use the NSA to spy on
Americans without a warrant, which many consider an impeachable offense, and which is under close scrutiny in Congress.
And Bush claimed AUMF authorized the invasion of Iraq, even though no ties between 9/11 and Iraq were ever found:
(2) acting pursuant to the Constitution and Public Law 107-243 is consistent with the United States and other countries continuing to take the necessary actions against international terrorists and terrorist organizations, including those nations, organizations, or persons who planned, authorized, committed, or aided the terrorist attacks that occurred on September 11, 2001.
Bush's lawyers wrote the AUMF as broadly as possible, to include not just the 9/11 hijackers and Al Qaeda, but anyone remotely connected to them. Taken together, these are our enemies in the "war on terror," which according to Bush will never end.
So is the United Arab Emirates covered under AUMF, and are we at war with it?
UAE has many ties to 9/11. Two of the hijackers were UAE nationals, including Marwan Yousef Al-Shehhi, pictured above. Five of the 19 hijackers flew to the U.S. from UAE. Money for the 9/11 attacks was transferred through UAE. UAE was one of only 3 nations to recognize the Taliban when they supported Al Qaeda - and they still recognize the Taliban as the legitimate government of Afghanistan, according to Rep. Curt Weldon (R-PA).
Under Bush's broad interpretation of AUMF, I cannot see how we are not at war with UAE.
And if that's the case, then Bush is committing treason by putting the UAE government in partial control of our vital ports - including 40% of our military supply chain.
Just one more reason to Impeach Bush Now!
"Oceana has always been at war with Eurasia and at peace with Eastasia."
- George Orwell, 1984
Is the U.S. at War with the United Arab Emirates?
http://www.huffingtonpost.com/2006/03/02/top-republican-to-wh-i-_n_16673.html
HEROIN CONNECTION TO UAE PORT DEAL?
Just like many had predicted, post-Taliban Afghanistan has retaken the #1 spot in world opium production.
(http://news.bbc.co.uk/2/hi/business/2814861.stm)
US News and World Report touched on the drug smuggling aspect of the Dubai port back in December. (Thanks to Molly Ivins for referring to it. http://www.usnews.com/usnews/news/articles/051205/5terror.b1.htm)
So for all the bluster about the UAE being intolerant of smuggling and an ally on terrorism, it's not difficult to put the pieces together.
Afghanistan's primary source of income is the drug trade. Opium is traded there like currency. But it eventually must make its way to the customer base around the world.
Additionally, I posted this elsewhere and got this response:
The top shareholder of Dubai Ports World, UAE President and Emir of Abu Dhabi, Sheikh Khalifa bin Zayed bin Sultan Al Nahayan, is the son of the guy behind Bank of Commerce and Credit International, which expedited the heroin shipments, and return money flows of the US first Afghan War in the '80s. (See the Kerry Committee Report on
BCCI: http://www.fas.org/irp/congress/1992_rpt/bcci/)
I am by no means an expert, but I don't think it's a stretch to think that a direct link between the UAE port and ours could open up a very lucrative trade route between Afghanistan and the US. If this UAE port deal goes through, I believe we will see dramatic increase in the heroin supply in this country.
Posted by: Jenius on March 01, 2006 at 10:25pm
Wayne Madsen reported how attempts to follow the money were OBSTRUCTED:
March 1, 2006 -- Dubai -- the emirate has the smoking gun evidence tying the Bush criminal cartel to arms trafficking, Viktor Bout, the Taliban, and Al Qaeda.
Internal documents from the UAE Central Bank in Dubai detail huge money laundering operations in the UAE according to financial industry insiders. Moreover, the Sharjah branch of HSBC Holdings PLC was tied to international arms trafficker Victor Bout, indicted in Belgium for money laundering and named in various UN reports as a chief embargo buster in Africa and Taliban-controlled Afghanistan.
American citizen Iqbal Hakim, a native of India, was the chief
examiner for the UAE Central Bank. Hakim, yet another whistleblower who has been ignored and mistreated by the Bush administration and threatened by Bush's Persian Gulf potentate friends, discovered a suspicious $343 million per year money flow through an HSBC personal account in Dubai. The transactions were investigated by the FBI and the Bureau of Immigration and Customs Enforcement but no prosecutions
resulted.
There are deep-seated ties between the Bush-Cheney criminal cartel, key GOP operatives, and the UAE. Significant questions about the oil industry's ties to the U.S. military-intelligence complex were raised when Michael Trumpower, the owner of Prescott, Arizona-based company Matco, Inc. filed for bankruptcy shortly after George W. Bush's inauguration. In questionable financial moves similar to those of Enron, Matco traded on a lucrative oil concession it was granted for
all offshore exploration off the Emirate of Fujairah for unsecured loans for equipment and services. Fujairah, one of the poorest of the emirates, is led by Sheik Hamad bin Mohammed al Sharqi, one of the more fundamentalist Wahhabi Muslims in the UAE leadership. Al Sharqi patronizes the Fujairah Islamic Call and Guidance Center, which has
recruited a number of foreign adherents of Wahhabi Islam. These include Filipinos, British, Americans, Russians, and Sri Lankans. Moreover, all their native countries are targets of Bin Laden's Al Qaeda. In addition, a number of Pakistani nationals who worked at the National Bank of Fujairah were known by international law enforcement to be sympathetic to the Taliban.
Trumpower's close ties to Sheikh Hamad are only rivaled by his close ties to the CIA. Although he became strapped for cash after his company tanked, Trumpower, like Enron's Kenneth Lay, was a major contributor to the Bush campaign and those of other Republican candidates, including that of powerful House Rules Committee member, Representative Thomas Reynolds of New York. Reynolds was in a prime position to derail any House investigation of the GOP-CIA-oil industry ties.
In the mid-1980s, Trumpower was an associate of Iran-contra figure Oliver North. North claims Trumpower was instrumental in helping to free U.S. hostages in Lebanon. That affair was the heart of the Iran-contra scandal in which several current and former Bush administration officials took part. These include National Security Council Middle East adviser Elliot Abrams, former Defense Department Information Awareness Office chief Admiral (retired) John Poindexter, and Assistant Secretaries of State for Latin American Affairs Otto Reich and Roger Noriega. The old Iran-contra fraternity remains largely intact. In 2000, North and Trumpower jointly appeared at a
Republican fundraising dinner in Arizona.
Trumpower was also close to the reigning Emir of Sharjah, who granted the shadowy ex-CIA agent of influence rights to drill in a strip of ocean bordering Fujairah. Sharjah was a major base of operations for Al Qaeda and the Taliban, which used the emirate to smuggle weapons and drugs using Ariana Afghan Airlines security credentials. Sharjah was a base of operations for Viktor Bout's Air Cess operations, which
was accused of running weapons to the Taliban and gun running
activities in Africa, especially the Democratic Republic of Congo.
From his base in Sharjah in the Gulf, Bout was servicing Ariana Afghan Airline flights to Kandahar, Afghanistan. These flights were believed to be ferrying weapons and Al Qaeda and Taliban volunteers to Afghanistan and the Clinton National Security Council strongly believed Bout was aiding terrorism. Belgium issued an INTERPOL international arrest warrant for Bout for money laundering and diamond smuggling. Clinton White House counter-terrorism czar Richard Clarke wanted an arrest warrant issued for Bout. Gayle Smith, Clinton's National Security Council Africa bureau chief,along with CIA and British MI-6 agents, kept a wary eye on Bout's activities in Africa's conflicts.
At heart of Dubai scandal: Taliban and Al Qaeda weapons smuggler and U.S. contractor Viktor Bout
After Bush was inaugurated in 2001, Sharjah police sent a special police unit to Sharjah airport to capture Bout and hand him over to U.S. authorities, but the White House declined. National Security Adviser Condoleezza Rice told U.S. intelligence that when it came to Bout, "look but don't touch." After 911, Rice inexplicably called off all operations aimed at Bout. Law enforcement and intelligence agents
considered such a move amazing, considering Bout's direct links to smuggling arms to the Taliban and Al Qaeda, as well as to other areas of the world that were rife with Islamist terrorist groups.
Next door to Sharjah is Dubai, the center of CIA spying in the
region, according to U.S. intelligence sources. Dubai's Dolphin Energy Ltd. was a quarter-owned by Enron before the firm's collapse. Dolphin's CEO was UAE Foreign Minister Sheikh Hamdan bin Zayed Al Nahayan. Bout was reported by the UN to be using Flying Dolphin Airlines, which operated scheduled flights between Dubai and Kandahar between October 2000 and January 2001, to ship arms to the Taliban. Flying Dolphin was owned by Shaikh Abdullah bin Zayed bin Saqr al Nahayan, a former UAE ambassador to the U.S. and a relative of the
President of the UAE, who is also the ruler of Abu Dhabi. Flying Dolphin was registered in Bout's favorite home base of Liberia although its main office was in Dubai.
In addition, Bout's Texas-based Air Bas had rights to refuel at U.S. bases in Iraq. One of Bout's airfreight companies, Airbus, was subcontracted through another firm called Falcon Express of Dubai, by Kellogg, Brown and Root, the subsidiary of Halliburton. Air Bas also had links to Falcon Express.
In July 2001, Osama bin Laden was reported to have received kidney treatment at the American Hospital in Dubai with the blessing of the Dubai and UAE governments. At the time of his hospitalization, Osama Bin Laden was reported by the French newspaper Le Figaro and Radio France International to have been visited on July 12, 2001, by Larry Mitchell, the CIA chief in Dubai who was said to have had close contacts with all the Gulf royal families. Mitchell was reportedly called back to CIA headquarters in Langley, Virginia on July 15,
2001. The Carlyle Group, with George H. W. Bush, James Baker III, and the Bin Laden family as major principals, bought a 42 percent stake (from a previous 4.9 percent stake) in Le Figaro after the paper on October 31, 2001, reported on the Bin Laden meeting with the CIA station chief in Dubai.
The Bush criminal cartel: fingerprints all over Dubai ports deal
One of Neil Bush's best friends and advocates in the Middle East is the Emir of Dubai, Shaikh Mohammed bin Rashid al Maktoum, an individual who often crossed paths with the Taliban and Al Qaeda on his frequent hunting and falconing trips to eastern Afghanistan. In the wake of 911, Rashid, who was the Defense Minister of the United Arab Emirates and then Dubai Crown Prince, said the following, "The United States must not to act in haste, it must give diplomacy and
legal means every opportunity before launching a military strike on Afghanistan, it must not rush to accuse people without hard evidence." The UAE was only one of three countries to recognize the Taliban, which acquiesced to the financing of Al Qaeda and other terrorist groups. In October 2001, while visiting Dubai just weeks after 911, Neil Bush praised the Shaikh Rashid as a man with "foresight and vision." In the same speech, Neil Bush said something that should chill the bones of every American--he said the following about his learning-disabled son Pierce, "My father was the 41st president and my brother is 43rd. I think that if Pierce finishes high school, he'll be the 50th president of the United States." Rashid also just so happened to be in charge of a project to put computers in UAE schools and Neil Bush was hawking the services of his Ignite! Inc., an e-learning educational software company.
Carlyle has its fingerprints on the Dubai Ports world deal to assume control of six major U.S. ports from Peninsular and Oriental Steam Navigation Company (P&O). After Treasury Secretary John Snow left CSX Corporation as its chairman, CSX Lines was sold to Carlyle, which renamed it Horizon Lines. David Sanborn, who was a CSX executive under Snow, became director of European and Latin American operations for Dubai Ports World and arranged to sell the Dubai state-owned firm
CSX port operations in South America and Asia. Sanborn was then appointed Assistant Secretary of Transportation for Maritime Administration (MARAD), the oversight agency for U.S. shipping and ports. The Dubai Ports World deal to take over U.S. port operations was signed off by the Committee on Foreign Investment in the United States (CFIUS), chaired by Sanborn's old CSX boss Snow. Perhaps not coincidental to the lucrative port deals, the Dubai Investment Corporation recently invested $100 million in The Carlyle Group. And
Dubai Ports World's deal involves taking over operations at more than just six U.S. ports -- New York, New Jersey, Philadelphia/Camden, Baltimore, Miami, and New Orleans.
P&O's web site states the Dubai Ports World deal involves stevedore operations at 21 U.S. ports: Portland, ME; Boston, Davisville, RI; New York; Newark; Philadelphia; Camden, NJ; Wilmington, DE; Baltimore; Newport News, VA; Norfolk, VA; Portsmouth, VA; Miami; Lake Charles, LA, New Orleans; Beaumont, TX; Port Arthur, TX; Galveston, TX; Houston; Corpus Christi; and Freeport, TX.
The magazine In These Times reported yet another former CIA officer who had ties to the Gulf and who was heavily involved with the oil industry. He is Stephen "Satch" Baumgart of Reston, Virginia. He reportedly helped funnel arms to Sadaam Hussein in the 1980s with the approval of the CIA, which had, at the time, tilted to Baghdad in its war with Iran. Baumgart was linked to another Republican contributor and oil mogul, Pierre Falcone of Scottsdale, Arizona. Falcone was implicated in a complex guns-for-oil scandal involving Angola and Vice President Dick Cheney's old company, Halliburton, a major player with the Luanda regime. Another player in that scandal was Russian-Israeli mobster Arkady Gaydamak, who is tied into an international network of smugglers connected to Marc Rich, Scooter Libby's one-time client. Falcone was also closely linked to Arizona Republican State Senator Scott Bundgaard, who ran for the House of Representatives' Second District in Arizona.
There is also a connection between the scandal-plagued firm Custer Battles, which has been under investigation for fraud in Iraq security contracts, and Dubai. Custer Battles was formed in 2003 by Mike Battles, aged 33, a former U.S. Army and CIA officer and Scott Custer, also a former U.S. Army Ranger and employee of SAIC. Custer was Battles's campaign assistant in a failed 2002 congressional race against Rhode Island Democratic Representative Patrick Kennedy. Custer Battles initial financing is sketchy but it is known that the
company received $15 million in seed money from a Dubai venture capital firm. The venture capital firm hoped to raise an additional $100 million for Custer Battles ventures in Iraq. Battles refused to disclose the name of the Dubai firm.
A mercenary firm that supplies ex-South African counter-insurgency Koevoet commandos has links to Dubai. The firm, Erinys International, which established an Erinys Iraq branch, has its headquarters in London with offices in Johannesburg and Dubai.
Vice President Dick Cheney's old company, Halliburton, has some interesting partners in its work in occupied Iraq. On Dec. 11, WMR reported on links between Halliburton/Kellogg, Brown & Root and a Viktor Bout-owned airline based in Moldova, Aerocom/Air Mero. Bout's airlines have also reportedly been involved in flying low wage earners from East Asia to Dubai and on to Iraq where they work for paltry salaries in sub-standard living conditions. Halliburton/KBR has sub-contracted to a shadowy Dubai-based firm, Prime Projects International Trading LLC (PPI), which "trades" mainly in workers from Thailand, the Philippines, Nepal, India, Pakistan, and other
poor Asian nations.
In 2004, after a Filipino PPI worker was killed in a mortar attack on Camp Anaconda in Iraq, the Philippines government of Gloria Macapagal-Arroyo ordered PPI, which is based at P.O. Box 42252, Dubai, UAE, to send overseas Filipino workers OFWs) home from Iraq and Kuwait and banned it from further recruiting in the Philippines.
Some of PPI's recruiting included running ads on the Internet. In addition to the other south Asian employees, the Philippine workers were employed by PPI under a Pentagon sweetheart umbrella contract let to KBR under the LOGCAP (Logistics Civil Augmentation Program) III program.
Although little is known about PPI, it reportedly has been linked to Halliburton/KBR for a number of years and has been associated with Halliburton contracts in the Saudi Arabia, Kuwait, and the Balkans during the time when Dick Cheney headed the firm. PPI has also been involved in operations at Guantanamo Bay, Cuba, where Filipino workers were involved in building the prison housing suspected "Al Qaeda" prisoners.
Inside sources report that PPI has some high level financial
partners, including the al Nahayan royal family of the United Arab Emirates and Vice President Cheney.
Posted by: Rese on March 03, 2006 at 02:52am
http://www.law.georgetown.edu/curriculum/tab_faculty.cfm?Status=Faculty&Detail=140
John Reed Stark
Adjunct Professor of Law; Chief, Office of Internet Enforcement, U.S.
Securities and Exchange Commission
Contact this faculty member (new window will open)
B.A., cum laude, Union College; J.D., Duke. Professor Stark serves as Chief of the Office of Internet Enforcement in the Division of Enforcement of the U.S. Securities and Exchange Commission and Counselor to the Director. His job entails the direction, coordination and implementation of the Enforcement Division's Internet Program. As the first attorney charged with leading the Division's Internet program, Professor Stark has played a role in the more than 450 Internet-related actions the Commission has brought against over 1500 persons and entities. Professor Stark has investigated Internet matters involving fraudulent investments for sale; boiler-room type market manipulations; unlawful touting of public companies; pyramid schemes; ponzi schemes; schemes targeting
particular affinity groups, online momentum trading services,
daytrading recommendation sites as well as many other types of
securities violations. He lectures throughout the country to the public, to other law enforcement personnel and to international law enforcement authorities on the subject of the Internet and the securities laws. He also serves as an instructor at Quantico for various FBI training courses and has conducted numerous training sessions for other federal, state and local regulatory and law enforcement authorities. As well as co-chair of an ABA Subcommittee on "Securities Law and the Internet." He also acts as a media-spokesperson for the Commission on Internet related issues, participating in television, radio, newspaper and online chat interviews addressing Internet-related issues. Professor Stark has
also published a wide range of articles on the securities laws and the Internet. He started in the Enforcement Division in September 1991, with a brief interruption to serve on a detail as a Special Assistant U.S. Attorney for the United States Attorney's Office for the District of Columbia. As an AUSA, Professor Stark prosecuted street crimes mostly pertaining to guns, drugs and domestic violence.
Prior to joining the SEC, Professor Stark worked as an associate for the law firm of Arent, Fox, Kintner, Plotkin & Kahn PLLC. To view the syllabus, a complete course description as well as all of the materials for the course entitled
"Securities Law and the Internet," please visit Professor Stark's website for additional course information. On Professor Stark's website, you will find everything you need to know about his course. Given that all of the materials are presented online, you need not purchase any book, materials, etc. for this course (no costs whatsoever).
Selected publications.
Updated March 20, 2000.
http://www.blythe.org/Intelligence/readme/111sum
February 2000, p. 22 USA - The SEC's Cyber Spies "Go Fishing". Five years ago, John Reed Stark, of the Securities and Exchange Commission (SEC) enforcement division, sent out an internal email inviting employees to join a new Internet surveillance group called the CyberForce. The idea caught on and one of the first steps he did was assign volunteers to surf the Web for several hours a week just to look for possible securities law violations. In law enforcement
terms, this is "a fishing expedition" and is usually illegal or at least undefendable in court. But it worked for Stark who is now the chief of the SEC Office of Internet Enforcement and its 250 specially-trained employees for whom Internet "fishing"
-- enforcement -- is now a regular part of the job.
--------------------------------------------- Intelligence, N. 111, 7
February 2000, p. 24 CANADA
...........................................................................................................
CIA James Woolsey,Asa Hutchinson,Tom McMillen, Fortress America,offshore money laundering
http://thunderbay.indymedia.org/news/2006/03/22698.php
D.C.Terrorbaggers:James Dale Davidson,Don Nickles, ex-CIA Chief Woolsey,Asa Hutchinson,Tom McMillen
http://www.okimc.org/newswire.php?story_id=1383
Lycos ' RagingBull aids offshoring of stolen money
http://news.com.com/5208-1028-0.html?forumID=1&threadID=11236&messageID=83465&start=-1
Yahoo protects stock mafia , death threats
http://news.com.com/5208-1038-0.html?forumID=1&threadID=10346&messageID=76947&start=-1
NCANS IS NAANSS FRAUD.
http://news.com.com/5208-1030-0.html?forumID=1&threadID=14617&messageID=122158&start=-1
Former Clinton Under Secretary of Commerce Robert Shapiro,James Dale Davidson,attorney John M O'Quinn stock scam
http://www.ftaaimc.org/or/2006/03/7229.shtml
Senator Bennett :Is Patrick Byrne's NCANS a Fraud ?
http://utah.indymedia.org/news/2005/10/11883_comment.php
Agora Inc,Bill Clinton,James Davidson,stock fraud and political fraud
http://colorado.indymedia.org/newswire/display/11984/index.php
Is Arizona attorney Ron Logan aiding international penny stock fraud ?
http://utah.indymedia.org/news/2005/09/11777.php
CFRN,Bud Burrell,attorney Ron Logan,'naked short' penny stock scam,Phoenix,Arizona
http://www.indybay.org/news/2006/02/1805268.php
Did Utah SEC's Brent Baker cover up for National Taxpayers Union Founder ?
http://www.utah.indymedia.org/news/2005/10/11937.php
Houston attorneys John O'Quinn,Wes Christian aid massive penny stock fraud
http://www.okimc.org/newswire.php?story_id=1289
The Byrnes,John Edwards,Attorney O'Quinn,Swift Boat Vets,Money Laundering
http://chapelhill.indymedia.org/news/2005/10/16530.php
To SEC : James Angel,Georgetown University,Aids Penny Stock Fraud
http://cvilleindymedia.org/newswire.php?story_id=1800
Bill Bonner :Agora Inc,Baltimore has aided penny stock fraud
http://www.chapelhill.indymedia.org/news/2005/10/16736.php
Agora Inc.meets George Tenet in New Orleans,touts penny stock for CIA
http://chapelhill.indymedia.org/news/2005/10/16883.php
Agora Inc., Bill Bonner , Porter Stansberry , Jim Davidson and fraud
http://richmond.indymedia.org/newswire/display/11263/index.php
Charles Schwab and Share-Money Laundering
http://sfbay.indymedia.org/news/2005/06/1747107.php
Israel: Gal Lusky's 'IFA' Caught Up in Moshe Katsav,Mohamed Hadid, Zwebner 'UCSY' scam ?
http://hm.indymedia.org/newswire/display/11733/index.php#quickcomment
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