[PEN-L:4093] Re: Re: Re: Re: Re: secret societies and the origins ofcapitalist private property

["Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx>]

Since the URL address doen not seem to work any more, here is the full massage.

Subject:
           George Soros - Part 1

http://www.infobahnos.com/~jtoth/web185.html


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          Subject: The Secret Financial Network Behind "Wizard" George
          Soros - Part 1 of 2
          From: stefanl@xxxxxxxxx (stefan lemieszewski)
          Date of posting: 12 Nov 1996 09:36:05 GMT

          The following text has been sent to the following newsgroups on
          the Internet:

          soc.culture.ukrainian,soc.culture.russian,soc.culture.polish,
          soc.culture.magyar,soc.culture.croatia, soc.culture.slovenia,
          soc.culture.yugoslavia,
          soc.culture.swiss,alt.conspiracy,soc.culture.usa



          This is another post in the series along the theme that: " Corrupt
          elites prosper at the people's expense with the aid of the IMF,
          World Bank and 'shock therapy' policies of Western advisors
          under the guise of free-trade or democratic or market-reforms."

                                              I.

          In his article, "Communique of American-Ukrainian Advisory
          Committee," in the Dec.10/1995 issue of The Ukrainian Weekly,
          Eugene M. Iwanciw wrote:

               "The American-Ukrainian Advisory Committee met in New
               York on November 17-18 and reiterated its strong
               conviction that a resilient Ukraine is in the interest of
               European stability and thus also American security. It
               welcomed the evident improvement in the
               American-Ukrainian relationship, especially the recognition
               by the U.S. government of Ukraine's geopolitical
               significance. It also endorsed strongly the reform efforts
               being pursued by the Ukrainian government in order to
               transform Ukraine into a stable democracy based on a free
               market economy."

          The American participants of the American-Ukrainian Advisory
          Committee (AUAC) sponsored by the Center for Strategic and
          International Studies (CSIS) included:

               Zbigniew Brzezinski (CSIS counselor), Richard Burt
               (chairman, International Equity Partners), Frank Carlucci
               (chairman, Carlyle Group), Gen. John Galvin (dean,
               Fletcher School of International Law and Diplomacy),
               Michael Jordan (chairman and CEO, Westinghouse Electric
               Corp), Henry Kissinger (chairman, Kissinger Associates)
               and George Soros (chairman, Soros Foundations).

          Previous American advisers of AUAC included Malcolm Steve
          Forbes, Jr. (editor-in-chief, Forbes magazine), whose magazine
          gained some notoriety recently for publishing the "Tinderbox" article
          by Paul Klebnikov, and Dwayne Orville Andreas (chairman and CEO,
          Archer Daniels Midland Co.), whose company pleaded guilty last
          month for anti-trust and price-fixing violations and agreed to pay a
          $100 million fine---the largest fine of its kind ever.

          Also in a previous post it was indicated that at least six of the
          current seven American members of AUAC are also members of the
          Council of Foreign Relations (CFR), including George Soros.

          Previous posts included excerpts on Soros from the 23-page article
          titled, "The world according to Soros" written by Connie Bruck in the
          Jan. 23, 1995 issue of The New Yorker. It has also been reported
          that Soros has contributed $15 million to groups advocating an
          array of alternatives to the Clinton administration's "War on Drugs,"
          including a personal donation of $350,000 to fund a "medical
          marijuana" ballot initiative in California and a personal donation of
          $100,000 for a similar ballot initiative in Arizona. The following Nov.
          1, 1996 article by the Executive Intelligence Review (EIR) provides
          additional background information on George Soros, one of the
          American members of AUAC.  Stefan Lemieszewski

                                               *

          The Secret Financial Network
          Behind "Wizard" George Soros

          by William Engdahl

          EIR Investigation
          Executive Intelligence Review (EIR), November 1, 1996

                                               *

          The dossier that follows is based upon a report released on Oct. 1
          by EIR's bureau in Wiesbaden, Germany, titled "A Profile of
          Mega-Speculator George Soros." Research was contributed by Mark
          Burdman, Elisabeth Hellenbroich, Paolo Raimondi, and Scott
          Thompson.
                                               *

          Time magazine has characterized financier George Soros as a
          "modern-day Robin Hood," who robs from the rich to give to the
          poor countries of eastern Europe and Russia. It claimed that Soros
          makes huge financial gains by speculating against western central
          banks, in order to use his profits to help the emerging
          post-communist economies of Eastern Europe and former Soviet
          Union, to assist them to create what he calls an "Open Society."
          The Time statement is entirely accurate in the first part, and
          entirely inaccurate in the second. He robs from rich western
          countries, and uses his profits to rob even more savagely from the
          East, under the cloak of "philanthropy." His goal is to loot wherever
          and however he can. Soros has been called the master manipulator
          of "hit-and-run capitalism."

          As we shall see, what Soros means by "open," is a society that
          allows him and his financial predator friends to loot the resources
          and precious assets of former Warsaw Pact economies. By bringing
          people like Jeffrey Sachs or Sweden's Anders Aslund and their
          economic shock therapy into these economies, Soros lays the
          groundwork for buying up the assets of whole regions of the world
          at dirt-cheap prices.

          The man who broke the Bank of
          England?

          An examination of Soros' secretive financial network is vital to
          understand the true dimension of the "Soros problem" in Eastern
          Europe and other nations.

          Following the crisis of the European Exchange Rate Mechanism of
          September 1992, when the Bank of England was forced to abandon
          efforts to stabilize the pound sterling, a little-known financial figure

          emerged from the shadows, to boast that he had personally made
          over $1 billion in speculation against the British pound. The
          speculator was the Hungarian-born George Soros, who spent the
          war in Hungary under false papers working for the Nazi
          government, identifying and expropriating the property of wealthy
          fellow Jews. Soros left Hungary after the war, and established
          American citizenship after some years in London. Today, Soros is
          based in New York, but that tells little, if anything, of who and what
          he is.

          Following his impressive claims to possession of a "Midas touch,"
          Soros has let his name be publicly used in a blatant attempt to
          influence world financial markets---an out-of-character act for most
          financial investors, who prefer to take advantage of situations not
          yet discovered by rivals, and keep them secret. Soros the financier
          is as much a political animal, as a financial speculator.

          Soros proclaimed in March 1993, with great publicity, that the price
          of gold was about to rise sharply; he said that he had just gotten
          "inside information" that China was about to buy huge sums of gold
          for its booming economy. Soros was able to trigger a rush into
          buying gold, which caused prices to rise more than 20% over four
          months, to the highest level since 1991. Typically for Soros, once
          the fools rushed in to push prices higher, Soros and his friend Sir
          James Goldsmith secretly began selling their gold at a huge profit.

          Then, in early June 1993, Soros proclaimed his intent to force a
          sell-off in German government bonds in favor of the French, in an
          open letter to London Times Financial Editor Anatole Kaletsky, in
          which Soros proclaimed, "Down with the D-Mark!" Soros has at
          various times attacked the currencies of Thailand, Malaysia,
          Indonesia, and Mexico, coming into newly opened financial markets
          which have little experience with foreign investors, let alone ones
          with large funds like Soros. Soros begins buying stocks or bonds in
          the local market, leading others to naively suppose that he knows
          something they do not. As with gold, when the smaller investors
          begin to follow Soros, driving prices of stocks or whatever higher,
          Soros begins to sell to the eager new buyers, cashing in his 40% or
          100% profits, then exiting the market, and often, the entire
          country, to seek another target for his speculation. This technique
          gave rise to the term "hit and run." What Soros always leaves
          behind, is a collapsed local market and financial ruin of national
          investors.

          The secret of the Quantum Fund NV

          Soros is the visible side of a vast and nasty secret network of
          private financial interests, controlled by the leading aristocratic and
          royal families of Europe, centered in the British House of Windsor.
          This network, called by its members the Club of Isles, was built
          upon the wreckage of the British Empire after World War II.

          Rather than use the powers of the state to achieve their geopolitical
          goals, a secret cross-linked holding of private financial interests,
          tied to the old aristocratic oligarchy of western Europe, was
          developed. It was in many ways modeled on the 17th-century
          British and Dutch East India Companies. The heart of this Club of
          the Isles is the financial center of the old British Empire, the City of

          London. Soros is one of what in medieval days were called
          Hofjuden, the "Court Jews," who were deployed by the aristocratic
          families.

          The most important of such "Jews who are not Jews," are the
          Rothschilds, who launched Soros's career. They are members of the
          Club of the Isles and retainers of the British royal family. This has
          been true since Amschel Rothschild sold the British Hessian troops
          to fight against George Washington during the American Revolution.

          Soros is American only in his passport. He is a global financial
          operator, who happens to be in New York, simply because "that's
          where the money is," as the bank robber Willy Sutton once quipped,
          when asked why he always robbed banks. Soros speculates in
          world financial markets through his offshore company, Quantum
          Fund NV, a private investment fund, or "hedge fund." His hedge
          fund reportedly manages some $11-14 billion of funds on behalf of
          its clients, or investors---one of the most prominent of whom is,
          according to Soros, Britain's Queen Elizabeth, the wealthiest person
          in Europe.

          The Quantum Fund is registered in the tax haven of the
          Netherlands Antilles, in the Caribbean. This is to avoid paying
          taxes, as well as to hide the true nature of his investors and what
          he does with their money.

          In order to avoid U.S. government supervision of his financial
          activities, something normal U.S.-based investment funds must by
          law agree to in order to operate, Soros moved his legal headquarters
          to the Caribbean tax haven of Curacao. The Netherlands Antilles
          has repeatedly been cited by the Task Force on Money Laundering
          of the Organization for Economic Cooperation and Development
          (OECD) as one of the world's most important centers for laundering
          illegal proceeds of the Latin American cocaine and other drug traffic.
          It is a possession of the Netherlands.

          Soros has taken care that the none of the 99 individual investors
          who participate in his various funds is an American national. By
          U.S. securities law, a hedge fund is limited to no more than 99
          highly wealthy individuals, so-called "sophisticated investors." By
          structuring his investment company as an offshore hedge fund,
          Soros avoids public scrutiny.

          Soros himself is not even on the board of Quantum Fund. Instead,
          for legal reasons, he serves the Quantum Fund as official
          "investment adviser," through another company, Soros Fund
          Management, of New York City. If any demand were to be made of
          Soros to reveal the details of Quantum Fund's operations, he is able
          to claim he is "merely its investment adviser." Any competent police
          investigator looking at the complex legal structure of Soros's
          businesses would conclude that there is prima facie evidence of
          either vast money laundering of illicit funds, or massive illegal tax
          evasion. Both may be true.

          To make it impossible for U.S. tax authorities or other officials to
          look into the financial dealings of his web of businesses, the board
          of directors of Quantum Fund NV also includes no American
          citizens. His directors are Swiss, Italian, and British financiers.

          George Soros is part of a tightly knit financial mafia---"mafia," in the

          sense of a closed masonic-like fraternity of families pursuing
          common aims. Anyone who dares to criticize Soros or any of his
          associates, is immediately hit with the charge of being
          "anti-Semitic"----a criticism which often silences or intimidates
          genuine critics of Soros's unscrupulous operations. The
          Anti-Defamation League of B'nai B'rith considers it a top priority to
          "protect" Soros from the charges of "anti-Semites" in Hungary and
          elsewhere in Central Europe, according to ADL National Director
          Abraham Foxman. The ADL's record of service to the British
          oligarchy has been amply documented by EIR (e.g. The Ugly Truth
          About the Anti-Defamation League [Washington, D.C., Executive
          Intelligence Review: 1992]).

          According to knowledgeable U.S. and European investigators,
          Soros's circle includes indicted metals and commodity speculator
          and fugitive Marc Rich of Zug, Switzerland and Tel Aviv; secretive
          Israeli arms and commodity dealer Shaul Eisenberg, and "Dirty Rafi"
          Eytan, both linked to the financial side of the Israeli Mossad; and,
          the family of Jacob Lord Rothschild.

          Understandably, Soros and the Rothschild interests prefer to keep
          their connection hidden far from public view, so as to obscure the
          well-connected friends Soros enjoys in the City of London, the
          British Foreign Office, Israel, and the U.S. financial establishment.
          The myth, therefore, has been created, that Soros is a lone
          financial investment "genius" who, through his sheer personal
          brilliance in detecting shifts in markets, has become one of the
          world's most successful speculators. According to those who have
          done business with him, Soros never makes a major investment
          move without sensitive insider information.

          On the board of directors of Soros's Quantum Fund N.V. is Richard
          Katz, a Rothschild man who is also on the board of the London N.M.
          Rothschild and Sons merchant bank, and the head of Rothschild
          Italia S.p.A. of Milan. Another Rothschild family link to Soros's
          Quantum Fund is Quantum board member Nils O. Taube, the
          partner of the London investment group St. James Place Capital,
          whose major partner is Lord Rothschild. London Times columnist
          Lord William Rees-Mogg is also on the board of Rothschild's St.
          James Place Capital.

          A frequent business partner of Soros in various speculative deals,
          including in the 1993 gold manipulation, although not on the
          Quantum Fund directly, is the Anglo-French speculator Sir James
          Goldsmith, a cousin of the Rothschild family.

          >From the very first days when Soros created his own investment
          fund in 1969, he owed his success to his relation to the Rothschild
          family banking network. Soros worked in New York in the 1960s for
          a small private bank close to the Rothschilds, Arnhold & S.
          Bleichroeder, Inc., a banking family which represented Rothschild
          interests in Germany during Bismarck's time. To this day, A. & S.
          Bleichroeder, Inc. remains the Principal Custodian, along with
          Citibank, of funds of Soros's Quantum Fund. George C. Karlweiss,
          of Edmond de Rothschild's Switzerland-based Banque Privee SA in
          Lugano, as well as of the scandal-tainted Rothschild Bank AG of
          Zurich, gave Soros financial backing. Karlweiss provided some of
          the vital initial capital and investors for Soros's Quantum Fund.

          Union Banque Privee and the 'Swiss
          connection'

          Another member of the board of Soros's Quantum Fund is the head
          of one of the most controversial Swiss private banks, Edgar de
          Picciotto, who has been called "one of the cleverest bankers in
          Geneva"---and is one of the most scandal-tainted. De Picciotto, from
          an old Portuguese Jewish trading family, who was born in Lebanon,
          is head of the Geneva private bank CBI-TDB Union Bancaire Privee,
          a major player in the gold and offshore hedge funds business.
          Hedge funds have been identified by international police agencies
          as the fastest-growing outlet for illegal money laundering today.

          De Picciotto is a longtime friend and business associate of banker
          Edmond Safra, also born in Lebanon, whose family came from
          Aleppo, Syria, and who now controls the Republic Bank of New
          York. Republic Bank has been identified in U.S. investigations into
          Russian organized crime, as the bank involved in transferring
          billions of U.S. Federal Reserve notes from New York to organized
          crime-controlled Moscow banks, on behalf of Russian organized
          crime figures. Safra is under investigation by U.S. and Swiss
          authorities for laundering Turkish and Columbian drug money.

          In 1990, Safra's Trade Development Bank (TDB) of Geneva was
          merged with de Picciotto's CBI to create the CBI-TDB Union Banque
          Privee. The details of the merger are shrouded in secrecy to this
          day. As part of the deal, de Picciotto became a board member of
          American Express Bank (Switzerland) SA of Geneva, and two
          American Express Bank of New York executives sit on the board of
          de Picciotto's Union Banque Privee. Safra had sold his Trade
          Development Bank to American Express, Inc. in the 1980s. Henry
          Kissinger sits on the board of American Express, Inc., which has
          repeatedly been implicated in international money-laundering
          scandals.

          De Picciotto's start as a Geneva banker came from Nicholas Baring
          of the London Barings Bank, who tapped de Picciotto to run the
          bank's secret Swiss bank business. Barings has for centuries been
          private banker to the British royal family, and since the bank's
          collapse in March 1995, has been overhauled by the Dutch ING
          Bank, which is reported to be a major money-laundering institution.

          De Picciotto is also a longtime business partner of Venetian
          businessman Carlo De Benedetti, who recently was forced to resign
          as head of Olivetti Corp. Both persons sit on the board of the
          Societe Financiere de Geneve investment holding company in
          Geneva. De Benedetti is under investigation in Italy for suspicion of
          triggering the collapse of Italy's Banco Ambrosiano in the early
          1980s.The head of that bank, Roberto Calvi, was later found
          hanging from the London Blackfriar's Bridge, in what police believe
          was a masonic ritual murder.

          De Picciotto and his Union Banque Privee have been implicated in
          numerous drug and illegal money-laundering operations. In
          November 1994, U.S. federal agents arrested a senior official of de
          Picciotto's Geneva bank, Jean-Jacques Handali, along with two
          other UBP officials, on charges of leading a multimillion-dollar
          drug-money-laundering ring. According to the U.S. Attorney's Office
          in Miami, Handali and Union Banque Privee were the "Swiss
          connection" in an international drug-money-laundering ring tied to
          Colombian and Turkish cocaine and heroin organizations. A close
          business and political associate of de Picciotto is a mysterious arm
          dealer, Helmut Raiser, who is linked in business dealings with
          reputed Russian organized crime kingpin Grigori Luchansky, who
          controls the Russian and Swiss holding company Nordex Group.

          Another director of Soros's Quantum Fund is Isodoro Albertini,
          owner of the Milan stock brokerage firm Albertini and Co. Beat Notz
          of the Geneva Banque Worms is another private banker on the
          board of Soros's Quantum Fund, as is Alberto Foglia, who is chief of
          the Lugano, Switzerland Banca del Ceresio. Lugano, just across the
          Swiss border from Milan, is notorious as the financial secret bank
          haven for Italian organized crime families, including the heroin
          mafia behind the 1980s "Pizza Connection" case. The Banca del
          Ceresio has been one of the secret Swiss banks identified in the
          recent Italian political corruption scandals as the repository of bribe
          funds of several Italian politicians now in prison.

          The sponsorship of the Rothschilds

          Soros's relation to the Rothschild finance circle represents no
          ordinary or casual banking connection. It goes a long way to explain
          the extraordinary success of a mere private speculator, and Soros's
          uncanny ability to "gamble right" so many times in such high-risk
          markets. Soros has access to the "insider track" in some of the
          most important government and private channels in the world.

          Since World War II, the Rothschild family, at the heart of the
          financial apparatus of the Club of the Isles, has gone to great
          lengths to create a public myth about its own insignificance. The
          family has spent significant sums cultivating a public image as a
          family of wealthy, but quiet, "gentlemen," some of whom prefer to
          cultivate fine French wines, some of whom are devoted to charity.

          Since British Foreign Secretary Arthur Balfour wrote his famous
          November 1917 letter to Lord Rothschild, expressing official British
          government backing for establishment of a Palestinian national
          home for the Jewish people, the Rothschilds were intimately
          involved in the creation of Israel. But behind their public facade of a
          family donating money for projects such as planting trees in the
          deserts of Israel, N.M. Rothschild of London is at the center of
          various intelligence operations, and more than once has been linked
          to the more unsavory elements of international organized crime.
          The family prefers to keep such links at arm's length, and away
          from its London headquarters, via its lesser-known outposts such
          as their Zurich Rothschild Bank AG and Rothschild Italia of Milan,
          the bank of Soros partner Richard Katz.

          N.M. Rothschild is considered by City of London sources to be one
          of the most influential parts of the British intelligence
          establishment, tied to the Thatcher "free market" wing of the Tory
          Party. Rothschild and Sons made huge sums managing for Thatcher
          the privatization of billions of dollars of British state industry
          holdings during the 1980s, and today, for John Major's
          government. Rothschilds is also at the very heart of the world gold
          trade, being the bank at which twice daily the London Gold Fix is
          struck by a group of the five most influential gold trade banks. Gold
          constitutes a major part of the economy of drug dealings globally.

          N.M. Rothschild and Sons is also implicated in some of the filthiest
          drugs-for-weapons secret intelligence operations. Because it is
          connected to the highest levels of the British intelligence
          establishment, Rothschilds managed to evade any prominent
          mention of its complicity in one of the more sordid black covert
          intelligence networks, that of the Bank of Credit and Commerce
          International (BCCI). Rothschilds was at the center of the
          international web of money-laundering banks used during the
          1970s and 1980s by Britain's MI-6 and the networks of Col. Oliver
          North and George Bush, to finance such projects as the Nicaraguan
          Contras.

          On June 8, 1993 the chairman of the U.S. House of
          Representatives' Committee on Banking, Rep. Henry Gonzalez
          (D-Tex.), made a speech charging that the U.S. government, under
          the previous Bush and Reagan administrations, had systematically
          refused to prosecute the BCCI, and that the Department of Justice
          had repeatedly refused to cooperate with Congressional
          investigations of both the BCCI scandal and what Gonzalez claims is
          the closely related scandal of the Atlanta, Georgia Banca Nationale
          del Lavoro, which was alleged to have secured billions in loans from
          the Bush administration to Saddam Hussein, just prior to the Gulf
          War of 1990-91.

          Gonzalez charged that the Bush administration had "a Justice
          Department that I say, and I repeat, has been the most corrupt,
          most unbelievably corrupt justice system that I have seen in the 32
          years I have been in the Congress."

          The BCCI violated countless laws, including laundering drug
          money, financing illegal arms traffic, and falsifying bank records. In
          July 1991, New York District Attorney Robert Morgenthau
          announced a grand jury indictment against BCCI, charging it with
          having committed "the largest bank fraud in world financial history.
          BCCI operated as a corrupt criminal organization throughout its
          entire 19-year history."

          The BCCI had links directly into the Bush White House. Saudi
          Sheik Kamal Adham, a BCCI director and former head of Saudi
          Arabian intelligence when George Bush was head of the CIA, was
          one of the BCCI shareholders indicted in the United States. Days
          after his indictment, former top Bush White House aide Edward
          Rogers went to Saudi Arabia as a private citizen to sign a contract to
          represent Sheikh Adham in the United States.

          --- continued in part 2 ---