BFEE scared: MP urges deal to head off BCCI case

[blm]

http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1073280978270


MP urges deal to head off BCCI case
By Nikki Tait
Published: January 13 2004 4:00 | Last Updated: January 13 2004 4:00
The government has been urged to broker a deal ahead of the start of the court case between the liquidators of Bank of Credit and Commerce International and the Bank of England. Keith Vaz, MP, a member of the Commons constitutional affairs committee, claimed the costs of the trial, due to start today, would mean "former creditors will be robbed for the second time".
>>>>>>>

BCCI is why the BFEE needs John Kerry off the national stage BEFORE this trial gets attention or reveals its connection to 9-11. They used the media to do their work for them.

[pansypoo53219]

1. i doubt

that Kerry would bring up BCCI. too far away for most of the sheeple. hell, the S & L problems is out of their purview. and forget about the MWs.

[blm]

4. Bank of America BCCI case is set for June.

This is why Dems have been sold a bill of goods during our Dem primary. BFEE had to keep Kerry OFF the stage with NO national focus. If he had the focus of the American people on his record and how BCCI connects to 9-11, the BFEE would get the greatest exposure they ever had.

Gee...what would they do to make sure that didn't happen?

[seemslikeadream]

2. I did find this

BoE 'will not settle' BCCI case

The Bank of England will not settle an L850 million court case starting on Monday over its role in the world's biggest banking fraud, at BCCI, according to a source.

The BoE is being accused by the liquidator of Bank of Credit and Commerce International of knowingly not protecting depositors. BCCI collapsed in 1991 owing billions of pounds.

As the BoE is legally protected from negligence claims, the liquidator is pursuing the stronger claim of "misfeasance" - acting dishonestly or in bad faith. The source said: "This is a cynical attempt to circumvent the immunity given by Parliament by alleging dishonesty by 22 bank officials."

http://www.business.scotsman.com/banking.cfm?id=30192004

and this

Lawyers acting for creditors of collapsed bank BCCI began their opening statements at the High Court on Tuesday in a case against the Bank of England.

BBC News Online had this summary of what was said in court.

The main lawyer for the complainants, Gordon Pollock QC, referred to the Bank of England as a once revered institution - he emphasised the word once.

He said he intended to show that Bank of England officals had been spinless, weak and selfish.

But he emphasised repeatedly that he did not argue that they were corrupt - although if any offical had wanted to be bribed - BCCI's founder, the late Aga Hasan Abedi was, as he put it, "your man"

Mr. Abedi could get you girls, boys, seats at the opera, or money in suitcases if you wanted. Mr. Pollock said.

http://news.bbc.co.uk/1/hi/business/3393179.stm

[WhoCountsTheVotes]

3. Kerry? Hello? John Kerry?

We've been promised something for a loooong time on DU, will he put up?

[blm]

6. This takes time, WCTV. He can barely get ANY news coverage

because of all the media oxygen they give Dean. Heck, Dean is so craven, if Kerry tried to talk BCCI, Dean and his supporters would brand Kerry a grandstanding liar desperate to get attention.

He has no national stage. He NEEDS one to make the case.

[truthspeaker]

7. your first 2 sentences are accurate. The rest is drivel

Take your candidate bashing to the appropriate forum, please.

[sangh0]

9. Please take your commands

to the appropriate forum.

[sangh0]

10. Please take your commands

to the appropriate forum.

[WhoCountsTheVotes]

8. no, he can start now

All he has to do is make a few public speeches - even if just hints - that will get media attention. If he expects an hour of primetime to himself, he's more egotistical than I can imagine.

So far, he's given us NOTHING, zero, zip, nada. He can go on every debate and not breathe a word. It's just not good enough.

I was starting to believe you about this whole thing.

[Nihil]

5. Good choice of spokesman for the defence (/sarcasm)

The simple fact that they've got Keith Vaz speaking for them shows
how deep the sewer is at the moment!

(Trying to pick a comparable US politico to get the image across ...
maybe Richard Nixon? John Poindexter without the brains? Picture a
slimeball with powerful connections ...)

Mind you, the fact that the BoE think they can brazen out any charges
suggests that there are still big guns waiting to be deployed. Not
sure I'd like to be in the firing line with the stakes those boys
play for.

Nihil