2007: "HRC's Mystery Money Men": Supporter bailed out Bush's oil company in 1986

[rainbow4321]

Much, much more at the link.


http://www.thenation.com/doc/20071105/baker_federman


In the Clintons' pursuit of power, there is no such thing as a strange bedfellow. One recently exposed inamorata was Norman Hsu, the mysterious businessman from Hong Kong who brought in $850,000 to Hillary Clinton's campaign before being unmasked as a fugitive. Her campaign dismissed Hsu as someone who'd slipped through the cracks of an otherwise unimpeachable system for vetting donors, and perhaps he was. The same cannot be said for the notorious financier Alan Quasha, whose involvement with Clinton is at least as substantial--and still under wraps.

Political junkies will recall Quasha as the controversial figure who bailed out George W. Bush's failing oil company in 1986, folding Bush into his company, Harken Energy, thus setting him on the path to a lucrative and high-profile position as an owner of the Texas Rangers baseball team, and the presidency. The persistently unprofitable Harken--many of whose board members, connected to powerful foreign interests and the intelligence community, nevertheless profited enormously--faced intense scrutiny in the early 1990s and again during Bush's first term.

Now Quasha is back--on the other side of the aisle. Operating below the radar, he entered Hillary Clinton's circle even before she declared her candidacy by quietly arranging for the hire of Clinton confidant and longtime Democratic Party money man Terry McAuliffe at one of his companies. During the interregnum between McAuliffe's chairmanship of the Democratic Party and the time he officially joined Clinton's campaign, Quasha's firm set McAuliffe up with a salary and opened a Washington office for him.


Just a few years earlier, McAuliffe had publicly criticized Bush for his financial dealings with Harken, disparaging the company's Enron-like accounting. Yet in 2005 McAuliffe accepted this cushy perch with Quasha's newly acquired investment firm, Carret Asset Management, and even brought along former Clinton White House business liaison Peter O'Keefe, who had been his senior aide at the Democratic National Committee. McAuliffe remained with the company until he became national chair of Hillary's presidential bid, and O'Keefe never left. McAuliffe's connection to Quasha has, until now, never been noted.

[speedoo]

1. Off to the greatest page.

Follow the money and look what you find.

[Buzz Clik]

2. kick

[Brundle_Fly]

3. some will say strange bedfellows.

where as I say just more of the same.

[Melinda]

4. *Get*the*fuck*out*

Off to the greatest AND bookmarking for research.

[rainbow4321]

9. More for your reading pleasure

http://www.theforbiddenknowledge.com/hardtruth/bushjr_dark_side.htm#bahrain

Deal #1: The Oil Business: Rewarded for Losing Money

<snip>

So what did Junior do for all this money? It's hard to say exactly, but things happened for Harken after Junior came on board:
it got a $25 million stock offering from an unusual bank with CIA ties,
it won a surprise exclusive drilling contract with Bahrain, a small Mideast country, and an Arab member of its Board of Directors was invited to White House policy meetings with President George Bush and National Security Adviser Brent Scowcroft.

Easy Money From Odd Sources
The firm's $25 million stock offering was underwritten by Stephens, Inc., an Arkansas bank whose head, Jackson Stephens, was on President Bush's "Team 100." (That was a group of 249 rich persons who gave at least $100,000 each to his presidential campaign committee). Stephens placed the offering with the London subsidiary of Union Bank of Switzerland, which (according to the Wall Street Journal) was not known as an investor in small American companies.

Union Bank did have other connections; it was a joint-venture partner with the notorious BCCI in a Geneva-based bank, and was involved in a scandal surrounding the Nugan Hand Bank, a CIA operation in Australia whose executives were advised by William Quasha, the father of Harken's chairman (Alan Quasha.) Union Bank was also involved in scandals surrounding Panamanian money laundering by BCCI, and Ferdinand Marcos' movement of 325 tons of gold out of the Phillipines.


-----------------------


http://prorev.com/connex.htm

Clintons, BCCI, Arkansas timelines

(Kicks in around 1976)

[leveymg]

17. BCCI was the funding vehicle for the Safari Club, the political deal Bush Sr set up with Saudi intel

head Sheikh al-Turki in 1976 when Bush was head of the CIA. That arrangement was put in place to fund covert operations the Democrats had outlawed after the Church Committee hearings. The Stephens and Quashas are bagmen who invest Saudi slush fund money in U.S. and U.K. companies and politics. The Bushes and Clintons and Thatchers and Blairs have all received sizable chunks of cash over the years from these slush funds, particularly the "Yamamah" fund set up with proceeds from kickbacks from Anglo-American defense contractor BAE. See,
leveymg's Journal - PARTNERS IN CRIME: The Clintons, the Bushes ...The Bush and Clinton families have been, and continue to be, ..... intelligence agencies led to the BAE/“Yamamah” Scandal that has rocked the UK, ...
http://journals.democraticunderground.com/leveymg/347

[mod mom]

36. Jackson Stephens (Clinton's connection w BFEE who b(r)ought him from obscurity :

Jackson Stephens rivals Bath in his role as conduit between high-level factions. A Little Rock, Arkansas tycoon who attended the U.S. Naval Academy with Jimmy Carter and staked Sam Walton to found Wal-Mart in 1970, Stephens was owner of the notoriously toxic WTI Incinerator in East Liverpool, OH, and a munificent contributor to the campaign warchests of both Bill Clinton and George Bush, Sr. He was also embroiled in the BCCI affair through his association with BCCI satellite Union Bank of Switzerland—UBS, in turn, contributed $25 million to the moribund Harken Energy Corp.

http://www.wburg.com/0202/arts/lombardi.html

East Liverpool Incinerator -The WTI incinerator burns about 70,000 tons of hazardous waste each year, just 320 feet from the nearest house, and built on a flood plain.



The Principal Player

Stephens Inc., operating through a subsidiary named Waste Technologies, Inc. (WTI), was one of the original partners in Waste Technologies Industries (also abbreviated, confusingly and perhaps not coincidentally, WTI), which built the East Liverpool incinerator.

There has always been something incongruous about Stephens Inc. Despite the Little rock firm's attempts to portray itself as a small-city operation that closes for the duck season and got fabulously lucky on a couple of down-home deals like Wal-Mart, it was, at the incinerator's inception, the ninth-largest investment bank in the country. Since it is not headquartered in New York, its dealings are local news, little noticed by the national press, even when they have national implications. And, as a source close to the company once remarked, "The farther you get from Arkansas, the better it looks."

Stephens Inc. was founded by Witt Stephens, a state legislator's son who parlayed a Depression-era belt-buckle, Bible, and municipal-bond business into an immense personal fortune. After his retirement in 1973, the company was run by his shy younger brother, Jackson (a classmate of Jimmy Carter's at the Naval Academy). Witt Stephens and Stephens Inc. did much to create the economic paradox that is modern Arkansas: a desperately poor state with a scant 2.3 million inhabitants that is nonetheless home to a number of wealthy companies. Without the financial assistance of the Stephens brothers, Sam Walton might have ended his days as the most innovative merchant in Bentonville. Stephens money was also important to the fortunes of enterprises as various as Tyson Foods and Linda Bloodworth-Thomason, the television producer and reigning First Friend. Stephens Inc. is an important client of the Rose law firm, whose chairman, C. Joseph Giroir, made Hillary Rodham Clinton a partner. And back in 1977, Stephens assisted BCCI's infiltration of the American banking system by brokering the latter's purchase of National Bank of Georgia stock held by Bert Lance, former President Jimmy Carter's friend and disgraced budget director.

Jackson Stephens (who turned over the reins to his son, Warren, in the late eighties) and his firm were both substantial contributors to the campaigns of Presidents Reagan and Bush (to the tune of at least $100,000 in 1980 and 1989), but they have been closer still to Bill Clinton (whom Witt Stephens had been known to call "that boy").

On two occasions, once when Clinton was running for reelection in Arkansas in 1990 and again in March 1992, when his battered presidential campaign was broke, the Stephens family saved Clinton's bacon with an infusion of money. Indeed, it may not be too much to say that their Worthen Bank's emergency $3.5 million line of credit saved the presidential campaign from extinction. --L.J.D.

-snip

http://www.ohiocitizen.org/campaigns/wti/motherjones.html
HERE'S A PIECE FROM DAILY KOS ON HOW THE CLINTON(S) REPAID THEIR FRIEND JACKSON STEPHENS:


Ask Hillary About This Tonight. I Dare You.
by Zwoof

Thu Jan 31, 2008 at 03:40:46 AM PST

-snip

While I was writing the original piece on the history of this foul project, a new ruling from the Ohio EPA allowed this incinerator, located 1,100 feet from an elementary school, to accept even more hazardous waste (anthrax, radioactive waste, infectious medical waste and mixed hazardous waste from Hurricane Katrina) than the original permit that was shrouded in corruption and approved by the Clinton Administration

Clinton and Al Gore promised the residents of East Liverpool, Ohio that they would not allow this incinerator originally approved by Bush '41 to operate. However, a Clinton EPA appointee, recommended by his classmate Hillary Clinton, approved the permit.

This is a tangled tale of corporatism, broken promises and an environmental disaster waiting to happen.

http://www.dailykos.com/story/2008/1/31/21045/9822/688/446786

[gordianot]

5. Always follow the money. Someone has to be the bagman.

[rainbow4321]

11. Follow the flow(sheet)

http://prorev.com/connex.htm

[gordianot]

12. Excellent thanks.

[graycem]

6. Nothing to see here..

Reverend Wright x's infinity! :P

[IsItJustMe]

7. Hillary does have some friends from low places.

[NoodleyAppendage]

8. The Monied Class DOES NOT want a populist America. Hillary & McCain are their insurance.

The sheeple who vote for Hillary or McCain are idiots.

J

[Doityourself]

35. Agreed. The beast doesn't want to be slayed...

[Alexander]

10. K&R

[psychopomp]

13. Just how deep does the rabbit hole go?

The longer she stays in, the more she looks like she has in common with the worst of our problems in Washington.

[redqueen]

21. Looks like?

You mean the more obvious it is.

[Frank Booth]

14. The Clintons have gotten away with this shit for years. Why would they stop now?

[SoCalDem]

15. aaaah-aaaaaah-aaaaaah

Hsu :)


aaw. it was "wear-orange-day for both"



and let's not forget Mr. Chung

[OzarkDem]

16. Yeah, they're giving her a lot of money now

She's rolling in cash from the energy companies. :sarcasm:

[BornBlue]

49. You only invest in a sure bet

and she has shown that she is not a sure bet. You cannot dispute the truth that she received money from these people because she is broke now. She had a financial advantage that she wasted by not having a plan past Super Tuesday.

[JackBeck]

18. Typical hit piece by the corporate owned media.

Wait. What?

:rofl:

[AntiFascist]

19. K&R, great thread ! n/t

[madrchsod]

20. interesting---- maybe du member blm is right after all.....

[smiley_glad_hands]

22. Where are all the Hill supporters? They're running around screaming "Wright is a racist". eom

[Baby Snooks]

23. The First Family

http://www.chron.com/disp/story.mpl/life/society/5734264.html

"The surprise appearance of former President Bill Clinton at the Celebration of Reading launched the high spirits that prevailed Thursday night at the benefit hosted by Barbara Bush and former President George Bush."

I am not good with photos so I hope someone adds this one to the DU collection. Dated April 24, 2008. The dynasty continues.

This is really no longer a public event - the tickets are basically at this point by "invitation only" and always sold out before they even announce the date for the following year's event.

Literacy is big business. Especially for those into the big business of influence peddling via "social networking." Usually vacous socialites and their vulture husbands. And apparently vacous presidential candidates and their vulture husbands.

When are people going to wake up to the reality of the Clintons?

[mcollier]

24. People tend to admire the criminals

any wonder why we are in such perilous times...

[Baby Snooks]

26. Which raises a question about all of her supporters..

Given the ongoing revelations about their "curious connections" it does raise a question about all of her supporters at this point.

Why can't they see the "curious connections" are connections with the Bushes? Or maybe the do see it and it suits them just fine?

[blm]

27. Clinton supporters LOVE the Bushes, too, now that they know how close Clintons are to them.

Nice, eh. Clinton fans will attack Gore, Kerry and Obama more for working against the fascism of the Clintons than they will attack the Bushes and their powerful cronies.

[me b zola]

25. K&R

[cliffordu]

28. What' that smell??? K&R

curiouser and curiouser indeed.


:patriot:

[DirtyDawg]

29. If this doesn't make headlines and leading the evening news...

...then we'll ALL know for sure what most of us already knew for sure, that the MSM and the Repugs are all in cahoots...only now we can add Billary to the Triad. The bad news is we'll probably have to deal with these bastards through the election and then rely on a new head of the FCC to clean-the-hell out of biased, right-wing media. The good news is that Obama can save some time and money by cranking up his campaign against McCain - four more years of the past eight - right away. Seems as if billary are not only just as bad as the bushes, they're worse - at least the bushbunch doesn't try to hide their deceit.

[guruoo]

30. Got anything newer than 1986?

Hell, I might have invested in Harken way back then, too.

[redqueen]

37. That article came out in October of last year.

Are you trying to say this guy isn't corrupt? Is that why you said you might have invested? To give him some credibility?

[guruoo]

38. I like to believe that I've gained in wisdom over the past 20 years.

[redqueen]

39. So... you're saying that Quasha was innocent, and only

guilty of "youthful indiscretions"?

Seriously... WTF are you trying to say here?

[guruoo]

43. I'm saying you have yet to prove the investment to be corrupt.

Perhaps I'm missing something here.

Is this about the investment, or association?

I currently work for a company that over the years has donated millions
of dollars to the GOP, and Republican candidates for office.
Does this, in your eyes, make me corrupt?

[redqueen]

44. Well that would depend on the company you work for.

Whether or not it lobbies for a return on those investments, once the elections are over.

[guruoo]

47. Whether individual, or collective, campaign donations are always about 'return on investment'

:shrug:

[redqueen]

48. You do know there's a line, right?

Between representing constituents and influence peddling?

Are you just feigning ignorance? Cause damn.

[guruoo]

54. ROTFL! -Get back to me when you've got the goods.

[redqueen]

61. The goods?

:wtf:

[guruoo]

40. Article is regarding an investment made over 20 years ago.

[redqueen]

41. And? What is your point?

The business was failing... Quasha's calculated investment helped give Bush a veneer of 'success' that he didn't deserve.

Are you trying to say it was accidental?

[guruoo]

45. I'm looking for some sort of pattern of behavior.

[redqueen]

46. Not too hard if you're insisting that there was nothing shady about Quasha's deal. (nt)

[guruoo]

50. I'm just trying to learn, and you're not helping.

[redqueen]

53. No, you started out by asserting

that you might have invested in Harken too.

That's not trying to learn. That's pretending the deal wasn't shady.

[guruoo]

56. I didn't, but I certainly wouldn't have -had I known then what I know now

I didn't know about Harken Energy in 1987.
Didn't have my crystal ball back then.

[redqueen]

60. You did.

Perhaps your first question was phrased poorly.

"Got anything more recent than 86?" or something like that. I first read that and thought you were attempting to downplay the significance of the piece linked at the OP (which is why I pointed out it's from October).

Were you meaning to ask if there was dirt on Quasha since 86?

[guruoo]

64. Yeah, what's this guy been up to since '86?

Thurr ya go!

[BornBlue]

55. and Obama is being blamed for being in Wright's church

for 20 years, and for things that Ayers did when Obama was 8. The past is relevant for both candidates, if you want to attack one for a relationship, then you had better expect that the other is equally "vetted". We do not get to pick and chose which relationships get critiqued and which don't.

[guruoo]

57. I don't blame him for it, and I agree w/Wright. (but I'm not running for office)

[BornBlue]

58. I didn't say you were. = )

I am just trying to make the point that both candidates have been the victim of unfair scrutiny, while McCain gets a free pass. We cannot keep fighting between ourselves when a less than positive connection comes out about either candidate. By US pushing the stories we are hurting either of the eventual nominees. My preference is Obama, but I know that it is not a done deal. The public at large is going to look at this, and remember all the dirt that has been thrown around during this primary. How are we going to win in the fall when we are the ones trashing our own?

[guruoo]

59. Yes! Yes!

Thank you!
:patriot:

[BornBlue]

62. Your welcome.

There are some level-headed Obama supporters out there.

:hi:

[Skidmore]

31. Why we need no more of the Bush-Clinton dynasty.

[jenmito]

32. Bill Bradley just told Andrea Mitchell that Hillary has yet to be vetted re: donations to Bill

Clinton's library! :D

[rainbow4321]

66. Interactive map of his library connections

Click on the various names and they lead to more names/institutions to click onto.

Pretty cook site...Muckety Map. You can enter seemingly anyone and get a "connect the dots" trail




http://www.muckety.com/Query?name=william+j+clinton&SearchResult=5010607&SearchResult=5009090&graph=MucketyMap

[grannylib]

33. *sigh* It's always been pretty obvious to me that there were deep

pockets connected to the Clinton campaign, and that they were in clothing worn by some real corporate-whore-types, if not the corporate johns themselves. There is so little objective difference between most in the Democratic party and those in on the wrong side of the aisle. They have policy differences, and tout social differences, but it's really pretty much all the same shit, different title.
And it will stay that way unless we get a national system of run-off elections so that third-party candidates can really be viable.

[Doityourself]

34. It frickin' kills me the MSM ignores this type of activity..they suck moth balls..except KO

[Spazito]

51. You can be very sure they will not ignore it if she becomes the nominee

they are keeping their powder dry, saving it to use during the GE, imo. Their marching orders are to do what they can to help the corporatists' preferred candidate, Senator McCain, and to do what they can to help ensure the candidate he is running against will be Senator Clinton who, if the successful nominee, will energize the repub base to get out and vote.

[ProSense]

42. Hillary "has always had a good personal relationship with the president"

When it comes to Hillary's candidacy, here's what you need to forget

[DeSwiss]

52. Hillary's whole campaign reeks!!!

- K&R!!!

[AzDar]

63. K & R...

:kick:

[FedoraLV]

65. k & r/nt