September 11 Commission Report - Gnostic Liberation Front

…. You would buy essentially worthless Mexican bonds, and you could give a Mexican company in a file
drawer a face lift, and then you could get Brady Bonds in exchange for them, which were backed by the US
Government." "Or, to back those up, to securitize essentially worthless Mexican corporate securities -- you
could take a security that was essentially worth two or three cents on the dollar and make it suddenly worth
thirty or forty cents on the dollar in the marketplace. The only thing Brady Bonds are is a collateral
guarantee." "A Brady Bond is essentially a strip-down, what's called a strip or a stripped down US
Treasury bond that essentially guarantees the ultimate mature capital value of a note. It does not however
guarantee the interest of that note. It only guarantees the return of capital.” [ The Man Who Knows Too
Much , An Interview with Al Martin, author of "The Conspirators: Secrets of an Iran Contra Insider, " Uri
Dowbenko]
Maybe the most puzzling and intriguing aspect of this attempted cover-up of Riggs
involvement in money-laundering is the possibility that this normal CIA operation (using
Gerhke-Thompson) was shut-down by Aldrich Ames who was a member of a rogue CIA
operation, thus making Ames a “false” double agent. This suggests Ames was not a mole
at all, but rather instructed by a ‘hidden’ superior to provide specific information to the
Soviets. The official damage assessment report on Ames shows that he was clearly
“protected” for years, receiving promotions his superiors thought were unwarranted,
having investigations into his life-style and income delayed on multiple occasions by reassigning
investigators to other projects, omissions in the investigation of his bank
accounts, and disregarding other bank reports that Ames was depositing large sums of
cash. While the on-and-off internal investigation which lasted four years went through
only one of his bank’s records, it conveniently ignored his accounts in two other banks:
the Riggs National Bank, and the Dominion Bank of Virginia, which later became the
First Union National Bank of Virginia. Domion’s major bank executive would
subsequently move to Riggs, and become Vice President of Administration at Riggs.
Finally, it might be mentioned that one of the agents responsible for the damage
assessment – Jack Armstrong - was murdered in Iraq by a group linked to the people
Ames was protecting (See Section 3). If one looks hard enough, there is substantial
reason to believe that Ames was operating under the direct instruction of George HW
Bush, and as one of his last acts as a mole, prevented the exposure of Bush’s rogue
Riggs-Valmet operation to the rest of the CIA. There is no doubt that Riggs-Valmet had
set up a wide net of partnerships with elements of the KGB. The question is: did Ames
really out US agents to the KGB, or was he really damaging hard-line KGB under a
pretense they were double agents.
A second take on the Karon von Gerhke-Thompson also suggests there were two CIAs. If
Khonankhine was working with quasi-official U.S./Bush administration channels, why
was it that his activities needed to be shielded from the CIA? One part of the Bush/CIA
network was working with working with Khonankhine and the Yeltsin family, while
another faction of the CIA was unaware of this alliance. When the “non-Bush” faction of
the CIA discovered the Russian activity, the non-Bush operation was shut down by the
Bush/Russian alignment faction in the CIA, working through Ames. The entire episode
was shielded from congressional oversight by CIA management, until an indignant
citizen (Gerhke-Thompson) took the matter directly to Congress.
The outake of this information is that the Valmet-Riggs operation was ‘favored’ and
‘protected’ by elements of the Bush network. The Russian/Israeli Mafiya was directed to
THE SEPTEMBER 11 COMMISSION REPORT Page 212