"Kill the Messenger"- The biggest CIA-drug money scandal you never read

Came across this todayOnly excerpting because it's way too long. Click link above for full storySince I am on a kick the banksters to the curb kind of a day- ;) 1st post for today:  Banksters: Global Haircuts= Global Plunder. Legalizing the theft of your savings.No honour amongst thieves, they say. And it looks to be true.

"With the release of the new Gary Webb film “Kill The Messenger” and the sudden renewed interest in what goes on in that dark underbelly of the US Empire — drug running, money laundering, death squads, assassinations of lives and of reputations — I’m reminded of the incredible life and death of Nicholas Deak, the CIA’s Cold War banker hailed in Time magazine as “the James Bond of the world of money” until the mid-1980s, when his global finance empire was destroyed by Reagan Administration accusations of large-scale Latin American drug money laundering"

Incredible Life and Death of Deak is linked here  James Bond (Bankster) & the Killer Bag Lady? CIA/Bankers/MkultraThe Reagan Commission on Organized Crime spent much of 1984 attacking Deak’s global foreign exchange firm, Deak-Perera. By the end of the year, Deak was forced to appear before the commission in a testy public interrogation; his financial empire collapsed within days.A year later, in 1985, Deak was assassinated in his Wall Street high-rise by a paranoid-schizophrenic bag lady from Seattle, who’d been hired for the job by Latin American mobsters, according to a private internal investigation led by former FBI detectives.

The assassin, Lois Lang (pictured above), had previously spent several murky years in the underbelly of Silicon Valley, where she fell under the care of a famous Stanford Research Institute psychiatrist, Frederick Melges — an expert on dosing his subjects with drugs and hypnosis to induce “artificial” dissociative states. Perhaps not surprisingly, Dr. Melges was up to his eyeballs in secret CIA behavior modification programs that were going on at Stanford until they were exposed in Congressional hearings in 1977.

 Nicholas Deak should’ve been the least likely target for a Reagan Administration takedown over cocaine money laundering, and not only because the same Reagan Administration was busy aiding and abetting the CIA’s mercenary army, the Contras, as they moved cocaine into the US, and illegal weapons into their Honduras bases. What made targeting Deak all the stranger was that one of Deak’s closest longtime friends, William Casey, was head of Reagan’s CIA at that time. And as Gary Webb’s reporting (and Robert Parry’s exposés before and after Webb) have shown, Casey’s CIA was at that very same time aiding and protecting the Contras’ cocaine-running operation.

Deak’s downfall was covered in the New York Times by a young greenhorn Ivy League grad named Nicholas Kristof, a budding serial dupe who, unsurprisingly, failed to connect the giant dots in front of his face about Deak’s deep ties to the CIA, and his close personal relationship with the Agency’s director, Bill Casey.

 Serial dupe? I thought that applied to most of the mainstream media.

Kristof did enough of his archive searching to uncover Deak’s role in some spectacularly shady intelligence operations, but somehow managed to miss Deak’s own intelligence links — including Deak-Perera’s central role in the Lockheed Bribery Scandal, the “Watergate of Corporate America,” under which the CIA funneled millions of bribe dollars to a Japanese war criminal-turned-Yakuza don, who used the funds to influence Japan’s ruling party. Deak-Perera moved the CIA’s funds; Lockheed reps and a Spanish-born priest in Macao carried the cash. Here, however, Kristof leaves out the CIA’s role, so that it all appears, in Kristof’s limited grasp, to reflect “the peculiar world of high finance”:

 More on that episode at the first link embedded in the post-Drugs/Military/Banking- Hmmmmm......

Had Kristof checked his own paper’s archives a little more thoroughly, he would’ve spotted a 1977 New York Times article on the powerful Veterans of the OSS organization — whose president through those years was Nicholas Deak, whom the Times photographed in a private room beside his colleague and friend, James Jesus Angleton, the paranoid founder of the CIA’s counterintelligence division.

1977, 2014- same/same Deak was finally forced by subpeona to testify

Finally, at the end of November 1984, the commission used a subpeona to force Deak to testify in Washington, appearing just before a hooded Colombian witness gave testimony about how he laundered drug funds through Deak.The back-and-forth between Harmon and Deak, available on transcripts of the hearings, reveal a bristly and menacing Nicholas Deak, whose sardonic answers have an almost “you’ve got to be fucking kidding me” quality to them. Given everything a money man like Deak knew about the history of CIA covert operations, which invariably involved mixing with the underworld—as well as what Deak knew about his old friend Casey’s operations in Latin America, at the center of which were cocaine and arms shipments — Deak’s sarcasm comes off more like a condemned spy trying to remain dignified during his own kangaroo trial and impending execution:
  • HARMON: Of the possibly billions of dollars [in Deak-Perera turnover], you recognize as you sit here today that there could be substantial amounts of money passing through your companies, put there by cocaine traffickers or heroin traffickers: is that right, sir?
  • DEAK: I am not aware of it.
  • HARMON: It could be though today?
  • DEAK: Anything could be.
  • HARMON: Well, you know, sir, as you sit here today that in the Orozco case to which you refer that one money launderer passed through $97 million through one account at Deak-Perera: isn’t that right, sir?
  • DEAK: That is what I understand has happened, yes.
  • HARMON: Well, what did you do, Mr. Deak, after you found out that one money launderer had put $97 million through Deak-Perera to make sure that that wouldn’t happen again?
  • DEAK: I would recommend to the Government to be more alert when we are filing the reports.

* * * *

  • HARMON: Are you aware in any way, Mr. Deak, of the serious consequences of the use of cocaine?
  • DEAK: That is not my field. I’m sorry. I cannot answer that question.
  • HARMON: If you knew, Mr. Deak, things that the Commission has heard here during the last couple of days that cocaine is addictive, and that cocaine wreaks havoc with people’s lives, do you think you might change Deak’s policy to …prevent narcotics traffickers from putting money through your companies?
  • DEAK: Mr. Harmon, what policy do you refer to?
  • HARMON: You have made no effort, have you, Mr. Deak, to examine past transactions by narcotics traffickers to see whether or not there should be a change in company policy; isn’t that what you’ve said, sir?
  • DEAK: I think that we — you asked it repeatedly. The policy is that we accept deposits if we are authorized to accept deposits. The policy is that if the deposit is suspicious, that the teller has to report it, and it is up to the authorities then from that moment on to investigate.
  • COMMISSIONER SKINNER: Is it your —
  • DEAK: We are not an investigative body. That is you, gentlemen, that should do that.

And shortly thereafter he was gunned down allegedly by a paranoid schizophrenic woman?Strange days indeed.