THE HOUR OF THE TIME
Tape No. 384 „ADL No. 2“
June 27, 1994
This broadcast was taken in whole or in part from investigations conducted by the CAJI News Service, and the Intelligence Service, and from reports published by The Executive Intelligence Review entitled „The Ugly Truth About The ADL“, and „Dope Inc.“.
Folks, tonight’s program is based upon a report by the „Executive
Intelligence Review“–a special report by the editors of the „Executive
This report was first published in 1992, entitled „The Ugly Truth About
the ADL“. It has taken CAJI this long to duplicate the research and
verify that every single fact in here is absolutely, 100% correct and true.
The fact that none of the people, nor the ADL, has ever sued the
„Executive Intelligence Review“ over this information further
substantiates the value and the truthfulness of this report.
And folks, it is baloney. Someday you will all wake up to that fact.
Gangsters and traitors from the start, ladies and gentlemen, the ADL had
been founded shortly after the turn of the century as a Jewish defense
arm of the B’nai B’rith–at least that’s what the Jews were told–the
nominally Jewish secret society which is sponsored and controlled, in
all actuality, by the Scottish Rite of Freemasonry, and by some of the
leading British and American families who are not Jewish at all, but
subscribe to the British Israelite philosophy.
B’nai B’rith Washington, D.C. representative, Simon Wolf–the man whom
Lincoln’s Secret Service Chief, Lafayette C. Baker, had arrested as a
Confederate spy and Union blockade runner during the Civil War–was now
working closely with President Theodore Roosevelt in mobilizing Jewish
American support for the overthrow of the Russian Czar.
According to Wolf’s 1918 autobiography, he had met secretly with
President Roosevelt in his Sagamore Hills estate in New York, and had
launched an international drive to brand the Czarist regime as, quote
„anti-semitic“, end quote.
They’ve done the same thing to me, ladies and gentlemen, as you all know.
After a series of meetings and correspondence with Russia’s Prime
Minster, Count Sergei Witt <sp?>–arranged by Roosevelt–Wolf had
denounced the Russian regime for reneging on its promises to curb
anti-Jewish pogroms–after which American Jewish organizations, led from
behind the scenes by the B’nai B’rith, began funneling guns to the
Thus, B’nai B’rith played an active role in the Russian Revolution of
1905. This activity, ladies and gentlemen, would lead to widespread
allegations that prominent American Jews were pro-Bolshevik.
The Warburg family of Kuhn-Loeb and Company did, in fact, fund V. I.
Lenin and Leon Trotsky.
And father and son Bolshevik agents, Julius and Armand Hammer, who
helped found the United States Communist Party, did actively spread the
Bolshevik cause in America, and spent a decade in the Soviet Union
following the 1917 Revolution.
These allegations of pro-Communist sentiments, while grounded in
well-publicized and scandalous actions by prominent Jewish families,
actually missed the mark.
In fact, ladies and gentlemen, the plot to bring down the Czar and
install the Bolsheviks in power in Russia served long-standing British
Imperial and geo-political interests of the sort advanced by the
Scottish Rite and the Illuminati.
Britain, in fact, feared the development of a Eurasian alliance among
France, Germany, Russia, Japan and China, based on economic cooperation
and facilitated by the building of a transcontinental system of
railroads linking the east to the west. Such a transcontinental
railroad system would render Britain’s domination over the seas
B’nai B’rith joined in the effort to sink the Czar for the same reasons
the Order joined in the Confederates secessionist plot to destroy the
Union 40 years earlier–because B’nai B’rith was an arm of the
Illuminati Freemasonic treason, and still is.
In fact, one of the most compelling reasons for the hatred of Russia was
the role played by Czar Alexander II in coming to the aid of Abraham
Lincoln during the darkest days of the United States Civil War.
In 1863, Czar Alexander dispatched the powerful Russian Navy to the
United States ports of New York and San Francisco, and threatened to go
to war against Britain if the Crown joined the war on the side of the Confederacy.
This probably–this probably, without any public recognition
whatsoever–is what eventually enabled the North to win the war, for
Britain stayed out. They didn’t want to stay out. They were forced to.
At the same time, the so-called Jewish Bolshevik ties were being
targeted, frequently by people with actual anti-semitic biases.
Diligent local police around the United States were becoming
legitimately alarmed at the growing crime problem.
New York City Police Commissioner, Theodore A. Bingham <sp?>, in
September 1908, penned an article for the prestigious „North American
Review“, titled „Foreign Criminals in New York“. The article detailed
the rise of gambling, prostitution, and drugs on New York’s Lower East
Side, emphasizing the role of Jewish, Italian, and Irish immigrant
gangsters in that crime explosion.
Bingham was not alone in his concern about the rise of gangsterism in
the Jewish communities of the metropolitan New York area and beyond.
You see, in April 1910, the leading Jewish families of the United
States, Germany, France, and Great Britain sent delegates to a Jewish
International Convention on the Suppression of the Traffic in Girls and
Women in London. Key-note speaker, Arthur R. Morrow <sp?>, delivered an
alarming report on the involvement of Jewish gangsters in the world-wide
white slave trade and in big-time prostitution.
Now, for those of you who believe that this is all being brought about
by the Jews, remember, these were the leading families–the leading
Jewish families–of the United States, Germany, France, and Great
Britain–who sent delegates to a Jewish international convention and
brought the spotlight to this illegal and criminal traffic in girls and
women. They were not guilty of participation. They, in fact, wanted it
„I wish I had time to tell you all I know, which goes to show that the
traffic of Jewesses is almost world-wide; but I must restrict myself to
a few incidents to prove that an extensive traffic does exist.
„In 1901, a rabbi came from the Transvaal and told me that the amount of
Jewish prostitution and traffic in Johannesburg, Pretoria, Larinko
<sp?>, Marksberia <sp?>, and Salisbury are appalling.
„In later years, the same story came from another rabbi regarding Capetown.
„In 1903, a Jewish school master, who had spent some time in Egypt, said
that the traffic by Jews of Jewesses to Alexandria, Cairo, and Port Said
was an absolute scandal. There were Greek, Italian, and French
prostitutes, but they were far out-numbered by the Jewesses.
„We have received and have correspondence to show that this awful
condition of affairs exists in Calcutta to a large extent, and also all
along the free ports of China.
„From the Chief Rabbi of Constantinople, from a distinguished Jewish
American scholar, from a prominent London gentleman, and from a school
mistress in Colatta <sp?>, we have had letters during the past six
months describing an outrageous condition of affairs in Constantinople,
where traffic in prostitutes is carried out openly and shamelessly, and
where the traffickers have their own synagogue. They say things in
Damascus are even worse.“
End quote. Already, in 1909, the leading–quote „Our Crowd“, end
quote–families of New York had established their own bureau of social
morals, headed by Rabbi Judah P. Magnis <sp?>.
The bureau hired private detective Abe Shoenfeld <sp?>, an investigator
for John D. Rockefeller, Jr., to infiltrate and profile the organized
crime structure centered on the Lower East Side of Manhattan.
Shoenfeld’s mission was hardly that of crime buster, folks. In 1922,
Rabbi Magnis took those voluminous files with him when he moved to
Jerusalem and founded the Hebrew University. To this day, the genealogy
chart of organized crime remains a part of the University’s most closely
It was during this same period of mounting concern over the exposure of
Jewish surnamed gangsters that the Anti-Defamation League was
founded–not to protect the Jewish people, but to protect the Jewish
One of the very first targets of the ADL was New York Police
Commissioner Bingham, whom the ADL smeared as an anti-semite for his
efforts to quell organized crime on the Lower East Side.
Bingham’s crime fighting efforts were by no means targeted exclusively
against Jewish gangsters. His Chief Detective, Lieutenant Joseph
Petrosino <sp?>, was assassinated in March 1909 in Sicily while meeting
with Italian police to establish cooperation, and probing links between
criminal elements and anarchist networks operating in both the United
States and Italy.
In 1901, Petrosino had warned the Secret Service about an imminent
assassination attempt against President William McKinley. Petrosino had
learned of the plot by infiltrating his agents into the Henry Street
Settlement House in New York, a hot bed of British Fabian Society and
international anarchist activity.
The Secret Service ignored his warnings, and McKinley was assassinated
months later, leaving British agent and B’nai B’rith ally, Teddy
Roosevelt, to assume the Presidency.
The nascent ADL, still formally called the „Publicity Committee of the
B’nai B’rith“, had assailed Bingham’s crime fighting efforts for
maligning Jews, and eventually succeeded in having him ousted as Police
Now, remember, ladies and gentlemen, the ADL is not an arm of the Jewish
community; but is an arm of a secret society, a branch of the
Illuminati, known as B’nai B’rith, which is controlled by the Scottish
Rite of Freemasonry.
Organized crime got a big boost as a result. What’s more, the effort to
establish the links between organized crime, international anarchist
circles, and perhaps the Scottish Rite and B’nai B’rith secret
societies, was stillborn.
The man who founded and headed up the ADL for its first 30 years was
Sigmund Livingston, a prominent Chicago attorney, who had headed up the
powerful B’nai B’rith Midwest Lodge No. 6. Livingston was the lawyer
for the Chicago and Alton Railways, a company owned by William Moore of
the prominent Episcopalian family.
>From the 1890s, the Moore family had forged a business alliance with the
J. P. Morgan banking interests. The Moores, with Morgan financing,
founded the National Biscuit Company–now R.J.R. Nabisco–and United
States Steel Corporation.
Within two generations, members of the Moore family would also control
Bankers Trust Company and sit on the board of the International Business
Machines Corporation that you know as IBM.
The Moore family sponsorship of Livingston, ADL Chairman from 1913 to
1945, was a reflection of the underlying relationship between the
leading WASP Freemasonic families and the ADL that continues through to
the present. The Moore’s family Nabisco and United States Steel are on
record today as major financial backers of the Anti-Defamation League.
Ironically, Bishop Paul Moore, of the same Moore family, served for
years as the Episcopal Bishop of New York. Based at the Cathedral of
St. John Divine, he was the superior to Cannon Edward West.
Now, remember folks, what I’ve told you about the Cathedral of St. John
the Divine in the Mystery School series.
Cannon West’s promise to get his Jewish friends to take care of Lyndon
LaRouche provided crucial evidence that the real power behind the ADL
and its organized crime confederates is the Scottish Rite.
With the ADL’s successful drive to oust New York Police Commissioner
Bingham, organized crime began to spread its tentacles out into New York
City and across the country.
By the onset of Prohibition in 1920, the undisputed chief of the New
York rackets was Arnold Rothstein <sp?>, the son of a prominent garment
manufacturer and a junior member of the elite „Our Crowd“.
Many of the „Our Crowd“ families, like the Lehmans, had come to New York
from the South in the post-Civil War period. They were transplanted
Confederates, who capitalized on the power of the British Rothschild
family’s Wall Street representative, August Belmont, to quickly
establish themselves among the city’s leading bankers and stock brokers.
They had participated in the unsuccessful Confederate secessionist plot
against the Union. Now, they would take a leading role in the British
effort to direct a new opium war against the American people.
Rothstein, ladies and gentlemen, operated a gambling and prostitution
syndicate out of the Metropol Hotel in midtown Manhattan, far from the
teaming ethnic ghetto of the Lower East Side.
He ran the unofficial Gambling Commission for Tamanny Hall boss Timothy
Sullivan. He hobnobbed with some of the country’s wealthiest,
legitimate businessmen, like Julius Fleischmann, the yeast
manufacturer; Joseph Seagram, the Canadian distiller; Harry Sinclair, of
the Sinclair Oil Company; and Percival H. Hill, head of the American
In 1919, Rothstein engineered the fixing of the baseball World Series on
behalf of his gambling cronies in what became known as the „Chicago
Black Sox Scandal“.
At the behest of Lower East Side gangster, Irving Wexler–also known as
Waxy Gordon–and Detroit mobster, Max Greenberg <sp?>, Rothstein put up
the initial $175,000 to establish the first bootlegging operations of
the Prohibition Era, servicing the midwest and the east coast with
British whisky transported across the Atlantic. Rum-running ships,
owned by Rothstein and his partners, would smuggle the British whisky
from Long Island Sound into the U.S.
Rothstein’s British contacts included Winston Churchill who, at the
time, headed the Royal Commission in Charge of Liquor.
In 1921, Rothstein also opened up a British pipeline for smuggling
heroin into the United States via his business agent in China, Jacob
Katzenberg hooked up with the British opium cartel, then headed by Lord
Keswick <sp?> of the Hong Kong and Shanghai Banking Corporation and the
Jardin and Matheson <sp?> Trading Company, and arranged the transit of
the illegal drugs through Marseilles into New York City.
The route, later known as „The French Connection“, would remain the
primary pipeline of heroin into America up through the 1960s.
The period of Prohibition, folks, marked the syndication of organized
crime. It also marked the emergence of illegal money as a major source
of investment capital and so-called legitimate business.
As the proceeds of the billions of dollars in illegal whisky and dope
sales were funneled into such lucrative, straight investments as the
Hollywood motion picture and music industries, the Nevada gambling
casinos–Nevada conveniently legalized casino gambling just as
Prohibition was coming to an end–and post-Prohibition legal alcohol
distilleries, the ADL was on hand to directly reap the benefits.
In 1929, ladies and gentlemen, one of Meyer Lansky’s New York City crime
lieutenants, Frank Erikson <sp?>, founded the Sterling National Bank.
Erikson was a specialist in money laundering. After Lansky replaced
Arnold Rothstein–for he was assassinated in 1926–as the chairman of
the board of the national crime syndicate, Erikson had been put in
charge of the nation-wide bookkeeping operations. Erikson handled
Lansky’s hidden interests in gambling casinos, race tracks, and other
businesses around the country.
Sterling National Bank served as the mob’s factor bank in the New York
City garment center, doling out high-interest/short-term loans to
thousands of small clothing manufacturers to purchase their raw
materials. The loans were collateralized by the garment firm’s accounts
On paper, it was a benign, barely legal, form of loan-sharking. The
victims were Jews.
In practice, it was the syndicates foot in the door for taking over the
entire garment industry through violence and intimidation. Again, the
victims were Jews.
Erikson’s relationship with Lansky gave Sterling virtually unchallenged
control over the garment center.
In 1934, Theodore H. Silbert went to work for Sterling National Bank.
Within a decade of his arrival, Silbert was the bank’s Chairman,
President, and CEO–posts he would retain up until his death in early
You see, Silbert was the ADL’s man-on-the-scene. He would serve as the
ADL’s National Commissioner, Treasurer, and Chief Fund-Raiser. The ADL
established its bank accounts at Sterling National, and according to IRS
records, invested in bank stock.
The only other outside investment into which the ADL would ever put its
own money would be the American Bank and Trust Company, another New York
City bank, which listed ADL National Commissioner and B’nai B’rith
International President, Philip Klutznick <sp?>, as a Director.
ABT would go under when shady Mossad financier Davy Gravier <sp?> made
off with all the bank’s deposits, and then ostensibly died in a
mysterious airplane crash over Mexico.
Gravier’s so-called death was so suspect that New York State listed him
as a co-conspirator in the ABT bank fraud investigation for years. For,
you see, they didn’t then, and they don’t believe now, that he really
died in that plane crash.
Although Silbert’s emergence as the leading figure at Sterling National
was part of a campaign to cleanse the bank’s public image by replacing a
known gangster with a philanthropist and civic-minded banker, Sterling
continued to be entangled in shady financial dealings–sometimes leading
to high-visibility civil suits.
The most explosive of these scandals hit in January 1982 when the
Italian government filed suit in United States District Court in New
York City against Sterling, charging it with constructive trust
conspiracy to defraud, fraud, and breach of fiduciary duty. The case,
ladies and gentlemen, revolved around Italian banker, Michel Sindona’s
<sp?> looting of $27 million from the Banca Privata in 1973 to ’74.
The theft had repercussions across the Atlantic as well. The Franklin
National Bank on Long Island, New York, went bust as the result of
Sindona’s involvement. Sterling National Bank was one of the
laundromats through which Sindona washed the stolen cash.
Not surprisingly, Sindona would later be exposed as a pivotal figure in
the Propaganda 2 Freemasonic Lodge–a secret Italian branch of the
Scottish Rite with strong ties to the Mafia.
Its antecedent, the nineteenth century Propaganda 1 Lodge, had been
founded by Giuseppi Mazzini <sp?>, the founder of the Sicilian mafia, as
a branch of the European Illuminati, a leading member of the first
Communist Internationale, and an agent of Britain’s Lord Palmerston, the
Grand Master of the Scottish Rite.
Giuseppi Mazzini was in close communication with the Confederate
General, Albert Pike, who was the head of the Illuminati in the United States.
Some things, folks, just never, ever change.
The ADL’s shady links to Sterling National Bank went beyond Theodore Silbert.
Another long-time Director of the bank and ADL man, Maxwell Robb, was a
business partner of Meyer Lansky in a company called the International
Airport Hotel Corporation.
The Vice Chairman of the powerful New York State ADL, Robb weathered the
airing of his Lansky links, and went on to be the United States
Ambassador to Italy during the Reagan Administration.
Talk about putting the fox in the henhouse!
Arnold Burns <sp?> was another ADL asset on the Board of Sterling.
Burns‘ law firm, Burns & Summit <sp?>, got caught up in a tax evasion
scheme in the early 1980s that almost landed both partners in jail.
Under a loophole in the federal tax codes written into law–thanks to
the Zionist lobby in the United States Congress–American investors in
Israel research and development firms could claim their investments as
tax write-offs, but nobody else could investing in the same type of
business in other countries and in the United States.
Arnold Burns set up a string of tax shelters in the Bahamas ostensibly
to fund these Israeli research and development projects. However, the
money–minus a hefty fee to Burns & Summit–never, ever reached Israel.
It was laundered right back into the United States where it could be
used by its own owners, tax-free. And when the scheme became the
subject of a federal grand jury in New York, Burns pointed a finger at
some of his cohorts and walked away, completely unscathed.
A few months later, Arnold Burns was named Deputy Attorney General of
the United States, a post he held throughout most of the Reagan
Era–Deputy Attorney General of the United States of America.
Burns’s name had been placed before Ronald Reagan by John J. McCloy
<sp?>, a power-house in the New York City White Anglo Saxon Protestant
establishment, a leading Anglophile, British Israelist, ex-head of the
Central Intelligence Agency, and the former Chairman of the Chase
Nor is Sterling National Bank the only ADL bank implicated in the dope
trade and organized crime.
Leonard Abbess <sp?> of Miami, Florida is another honorary National
Chairman of the ADL. He’s the Chairman of City National Bank of Miami,
one of many Florida banks caught laundering big-time drug money.
A top aide to Abbess at City National, Alberto Duke, was jailed in the
late 1980s for laundering dope dollars.
Another senior bank official, Donald Beasley <sp?>, was hired by Abbess
on the basis of his former work for the Nugen <sp?> Hand Bank in Australia.
And if you’ve read my book, you know all about Nugen Hand Bank and the
Central Intelligence Agency, and the laundering of drug money.
Nugen Hand went bust in the mid-1980s when one of its founders, Frank
Nugen, was found dead in his car, the victim of what police labelled a
And the other partner, former Green Beret and CIA agent, Michael Hand, a
veteran of Delta Force, disappeared into thin air with $26 million in bank assets.
Nugen Hand had been set up during the final days of the Vietnam War by
ex-Central Intelligence Agency and Pentagon officers, including Ted
Shackley <sp?>, to launder black-market profits and do shady
intelligence operations throughout Asia.
The 1985 Mo Delitz Award Dinner was a kind of coming-out party for the
ADL’s friends in the national crime syndicate. It was, ladies and
gentlemen, by no means the first time the League publicly flaunted its
deep ties to the gangster world.
You see, in 1963, as part of an effort to vastly expand its fund-raising
reach, the ADL appointed Hollywood producer Dore Shary as its National Chairman.
At the time, Shary was the reigning superstar at the Metro-Goldwyn-Mayer
Studios. Among the Hollywood insiders, however, Shary was known as a
life-long pal of syndicate higher-up, Abner Longey Zwilmann <sp?> of New Jersey.
Zwilmann was one of the first of the Prohibition Era bootleggers and
Lansky aids to get involved in the Hollywood motion picture industry.
An original member of Murder, Incorporated, and the head of the powerful
Reinfeld <sp?> bootlegging syndicate in New Jersey, Zwilmann expanded
into labor racketeering during the waning days of Prohibition.
By 1930, he had seized control over the Screen Operators Union up and
down the east coast and parlayed that into shares in some of the big
And you don’t think there’s any mind control in America?
At this time, Dore Shary ran an amateur drama group at the YMHA in
Newark, New Jersey. Childhood friend, Zwilmann, sent Shary out to the
west coast and installed him at Metro-Goldwyn-Mayer–MGM.
When Zwilmann got into trouble with the IRS in the late 1950s, some of
his syndicate associates became convinced that he might betray some of
the mob’s most closely held financial secrets. And on February 27th,
1959, he was found hanging from a pipe in the basement of his 20-room
West Orange, New Jersey mansion.
According to Federal Bureau of Investigation reports, Shary attended the
funeral. In the FBI memo citing Shary’s appearance at the Zwilmann
funeral, the Bureau delivered a kind of eulogy to the mobster. Citing
an article from the „New York World Telegram“, the FBI memo read, quote:
„Nobody followed so successfully for so long the approved underworld
formula for success: from rags to rackets, to riches, to
End quote. And folks, if the rags-to-respectability formula were to be
applied to organizations, the Anti-Defamation League of B’nai B’rith
would be first on the list of success stories.
For the past two decades, Wall Street lawyer, Kenneth Bailken <sp?>, has
been Mr. ADL. A long-standing member of the League’s National Executive
Committee, Bailken served from 1982 through 1986 as the League’s
It was on his watch that gangster Mo Delitz got the ADL’s prestigious
„Torch of Liberty“ prize; that junk bond swindler, Michael Milken,
poured millions of dollars into the launching of the League’s „A World
of Difference“ propaganda campaign to wreck American public education;
and that accused drug money launderer, Edmond Saffra <sp?>, got Bailken
and the ADL to mediate a corporate divorce between his banking empire
and the American Express Company.
In return for Bailken’s effort to salvage Saffra’s badly tarnished
reputation, the ADL received a $1 million tax-exempt pay-off from him.
But Bailken’s real claim to fame, folks, is that he was a central figure
in the doping, the drugging of America. Without Kenneth Bailken’s
behind-the-scenes legal maneuvering, the Medellin Cartel would have had
a far more difficult time establishing a beach-head in the United States.
In much the same way Bailken quieted the potentially stormy divorce
between Edmond Saffra and American Express, he brokered the marriage
between renegade financier, Robert Vesco, and the Medellin Cartel’s
Chief of Logistics, Carlos Ledder Rivas <sp?>.
As a result, the dope smuggling routes through the Caribbean into the
United States were consolidated, and the streets of America were flooded
during the 1980s with marijuana and cocaine.
Now, this sordid story began in 1970 when Kenneth Bailken, the senior
partner at the Wall Street law firm of Wilkie, Farr and Gallagher <sp?>,
helped engineer Robert Vesco’s take-over the Investors Overseas Service,
a Swiss-based mutual fund that was founded by Bernie Cornfield <sp?>,
with start-up funding from the Swiss-French branch of the Rothschild family.
IOS was a front for Meyer Lansky’s international crime syndicate. IOS
salesmen traveled the globe carrying suitcases full of cash, across
Some of the money came from local investors, but the bulk of it was hot
money gained from the Lansky syndicate’s dope, gambling, prostitution,
and extortion rackets.
Now, if this method of money laundering was labor-intensive and
primitive compared to today’s high-speed electronic wire transfers, it
was nevertheless efficient. The cash eventually ended up in numbered
accounts at some of Switzerland’s most corrupt and secretive banks.
Some of the banks, ladies and gentlemen, linked to the IOS
apparatus–like the Geneva-based International Credit Bank (or BCI) and
the Nassau/Bahamas-based Bank of World Commerce–were flagrant fronts
for the Lansky syndicate.
While BCI was owned by a senior officer of the Israeli Mossad, named
Tybor Rosenbaum <sp?>, BCI’s office manager, Sylvian Ferdmond <sp?>, was
identified by „Life“ magazine in 1967 as one of Lansky’s top bag men.
And World Commerce Director, Alvin Malnick <sp?>, was Lansky’s accountant.
When Lansky and his controllers decided to shift the center of their
underground banking operations from Switzerland to the Caribbean as part
of the planned expansion of cocaine and marijuana smuggling into the
United States–with the cooperation and the help of the intelligence
community and the military–it was the ADL and Bailken that engineered
First, the ADL’s Minneapolis, Minnesota apparatus–known inside the
League as the „Minneapolis Mafia“ which ran the notorious „Kid-Can“–or
Isodore Bloomenfeld <sp?> organized crime ring–provided the money for a
local Hebrew school teacher-turned-business-entrepreneur named Meschelam
Rickless <sp?> to buy up a large block of shares of IOS stock.
Once Rickless had amassed enough stock to control the company, he turned
around and sold all his shares to Vesco.
Vesco was represented in the transaction by Kenneth Bailken.
You see, the circle is now complete.
Vesco’s next step was to oust Bernie Cornfield as the President of IOS
and take over the job himself.
Over the next several years, ladies and gentlemen, a total of $270
million was siphoned out of IOS accounts in Switzerland. Officially,
the money was never found; and Robert Vesco conveniently fled the United
States–one step ahead of the FBI and the IRS. The
Cornfield-to-Rickless-to-Vesco transaction may have been largely a wash
of Lansky syndicate dollars.
>From Prohibition onward, the Minneapolis Kid-Can Gang had been handlers
of Lansky money. Kid-Can eventually moved to the Miami area, and was a
key player in Lansky’s big-time move into southern Florida Gold Coast
However, folks, not all of the money siphoned out of IOS by Vesco was
family cash. A lawsuit was brought in U.S. District Court in New York
City in 1980 by some of the independent investors who had lost their
shirts in the looting of IOS.
While not revealing the whereabouts of the missing millions, the civil
suit identified Bailken and the Bank of New York as partners of the
fugitive financier in the scheme.
On July 31, 1980, Federal Judge D. J. Stewart <sp?> ordered Wilkie, Farr
and Gallagher to pay $24.5 million to a group of IOS investors, and
ordered the Bank of New York to pay $35.6 million.
The case file, which fills 20 cartons, stored at the Federal District
Court Warehouse in Bayonne, New Jersey, shows that Bailken was the evil
genius behind the entire looting scheme.
A year before the court ordered Wilkie, Farr and the Bank of New York to
pay-up for their role in the looting of IOS, some of that money had been
used by Vesco to purchase Norman’s Cay in the Bahamas. Vesco’s partner
in the deal was Carlos Ledder Rivas, a small-time Colombian car thief
and marijuana smuggler who had recently gotten out of jail in Florida.
Ledder, an unabashed supporter of Adolf Hitler, who would later use some
of his smuggling profits to found a neo-Nazi, radical, environmentalist
political party in Columbia, fit neatly into the ADL scheme with his
family ties back in Colombia to leading figures in the then-emerging
By 1980, the Vesco-Ledder owned Norman’s Cay was serving as the command center and trans-shipment depot for a massive marijuana and cocaine trafficking operation–protected by the intelligence community–from Medellin into the United States.
For several years, while running the Norman’s Cay operation, Vesco skipped from the Bahamas to Costa Rica to Nicaragua, buying up local politicians and newspaper editors, and always miraculously staying one step ahead of an FBI that never really seemed intent upon capturing the fugitive money-man.
In fact, it was just a show.
On one occasion on Antigua, Vesco was hosting a lavish party on a boat that he had bought from Saudi financier, Adnan Kashogi <sp?>–isn’t is funny how the same names always crop up in all of these investigations–while the FBI agents were combing the island looking for this illusive fugitive.
Well, I hope you can sleep well tonight. I hope you’re beginning to get the message. I hope you’re beginning to understand things just aren’t as you thought they were.
And they use this branding of „anti-semitic“, „anti-semitism“, to control the Jews, and to keep you in your place.
You see, you will learn, later in this series, that when the ADL needs to rally the Jewish community around a cause, it is sometimes Jews (or the ADL itself) that paints the swastika on Jewish synagogues and on the gravestones in Jewish cemeteries.
Good night, and God bless you all.