Banker For All Seasons: Bank of Crooks and Cheats Inc.

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9781905422654: Banker For All Seasons: Bank of Crooks and Cheats Inc.
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During the late Seventies and Eighties a new logo began to jostle for space with the more traditional landmarks on high streets throughout Britain. It was the badge of a remarkable Third World Bank...the BCCI (Bank of Credit and Commerce International).

BCCI soon become a global corporate empire with former US Presidents, ex-British Prime Ministers and a range of dictators on its payroll, all helping with promoting the company.

Tariq Ali was the first public voice to warn that the Bank was not all it seemed to be. Indeed, many of its own employees called BCCI the "Bank of Crooks and Cheats Incorporated". Some political analysts also predicted the company´s collapse. The Bank finally imploded amidst a welter of scandal.

This revealing screenplay presents an account of the rise and fall of the Bank of Credit and Commerce International. Here, Ali reveals how BCCI lasted so long, how financial regulators failed to see what was going on and how BCCI pioneered a mode of operation that prepared the way for an even greater financial cataclysm, the fall of Enron.

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About the Author:

Tariq Ali is a writer, and filmmaker, long-time political activist and campaigner. He has written over a dozen books on world history and politics including The Clash of Fundamentalisms and Bush in Babylon, Rough Music, Pirates of the Caribbean, five novels, and scripts for both stage and screen.

From Publishers Weekly:

Starred Review. A writer, filmmaker and activist, Ali (Bush in Babylon) was present at one of the biggest financial scandals in history, the 1991 demise of the Bank of Credit and Commerce International (BCCI, widely referred to as the Bank of Crooks and Cheats Incorporated), an organization populated by smooth operators, greedy geniuses and brutal henchmen, all under the imprimatur of high government officials across the globe, that went down amidst a flurry of criminal activity: money laundering, smuggling, covert sales of nuclear technology and murder. This mesmerizing screenplay, resurrected from the author's filing cabinets by a publisher friend, is a thinly fictionalized expose that provides a fast-moving, clear-cut account of the crimes and shenanigans committed under Agha Hassan Abedi, the rags-to-riches chief executive. The grim story follows multiple threads, uncovering the machinations of the CIA, Downing Street, and a number of Saudi palaces; the ways in which leaders and governments can be manipulated and, more precisely, be bought, prove the most startling and stomach-churning of Ali's revelations. An appendix provides the anonymous articles Ali wrote for the New Statesmen in the years before BCCI's collapse, documenting the bank's suspicious deals and warning of its instability.
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Book Description Seagull Books, 2008. Hardcover. Condition: New. First edition. During the late Seventies and Eighties a new logo began to jostle for space with the more traditional landmarks on high streets throughout Britain. It was the badge of a remarkable Third World Bank.the BCCI (Bank of Credit and Commerce International). BCCI soon become a global corporate empire with former US Presidents, ex-British Prime Ministers and a range of dictators on its payroll, all helping with promoting the company. Tariq Ali was the first public voice to warn that the Bank was not all it seemed to be. Indeed, many of its own employees called BCCI the "Bank of Crooks and Cheats Incorporated". Some political analysts also predicted the company s collapse. The Bank finally imploded amidst a welter of scandal. This revealing screenplay presents an account of the rise and fall of the Bank of Credit and Commerce International. Here, Ali reveals how BCCI lasted so long, how financial regulators failed to see what was going on and how BCCI pioneered a mode of operation that prepared the way for an even greater financial cataclysm, the fall of Enron. Printed Pages: 264. Seller Inventory # 3862

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