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The Dictator-Run Bank That Tells the Story of America’s Foreign Corruption

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Summary

by Casey Michel & Ricardo Soares de Oliveira - Foreign Policy.

The BCCI bank scandal was huge – our own Jack Blum was intimately involved in the investigations of BCCI working for John Kerry at the time.  This story has all the elements of what has since metastasized into a bigger problem – same story, but it’s all gotten bigger.  Too big -- $50 trillion in offshore secreted wealth doesn’t work --something’s gotta give. 

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