-Caveat Lector- from: http://www.dcia.com/straw.html Click Here: <A HREF="http://www.dcia.com/straw.html">http://www.dcia.com/straw .html</A> ----- THE STRAW THAT BROKE THE CAMELBACK CONNECTION: CHARLIE KEATING AND THE CIA by Brian Downing Quig Last issue, readers were provided several reasons to suspect that Charles Keating and his AMERICAN CONTINENTAL CORPORATION are protected assets of CIA; the Feds covered up many obvious irregularities; the connection of Keating`s chief pilot to the BAC 111 with the tail number N120TA, which has been alleged to be the OCTOBER SURPRISE plane that transported William Casey to a meeting with Iranians in Paris; and Walter J. Bush, the president`s nephew, doing business next door to Keating using the name AMERICAN CONTINENTAL LAND INVESTMENT CORPORATION; the total black out of the above by major media. If the Feds had done even the most elemental examination of Charles Keating, this is what they would certainly have found: On November 26, 1980 (just 3 weeks after the election of Reagan and Bush) Keating purchased for $3,083,000 the property at 2735 East Camelback Road for his AMERICAN CONTINENTAL CORPORATION (ACC) Headquarters from the MICHAEL J. PELOQUIN DEVELOPMENT CORPORATION. Michael J. Peloquin is the son of Robert Peloquin, who set up INTERTEL for mafia king pin Meyer Lansky after Lansky's failed attempt to introduce legalized gambling into Atlantic City. The premise then was, that if INTERTEL, which had recruited well placed agents from almost every federal agency, policed the gambling industry, organized crime could be kept out. In the book, THE COMPANY THAT BOUGHT THE BOARDWALK, INTERTEL was described as a merger of former FBI, CIA, Customs, BTFA, IRS and other federal agents --- with organized crime. Before INTERTEL, Peloquin Sr. ran the PARADISE ISLAND CASINO in the Bahamas for Lansky (which is interesting since Keating has his mansion base in the Bahamas --- on Paradise Island). The parent company of INTERTEL is RESORTS INTERNATIONAL, which changed its name from MARY CARTER PAINT COMPANY. MARY CARTER PAINT was reported, in a significant May 20, 1976 article by Howard Kohn in ROLLING STONE, to have been founded by Allen Dulles, the Director of CIA under Eisenhower and Kennedy. Michael J. Peloquin purchased what would become the ACC Headquarters property April 2, 1979, from James E. Patrick II and Herman Chanen for $550,000. The subsequent sale to Keating was a bump of $2.5 million in only 8 months! What is more, Patrick and Chanen are not stupid when it comes to real estate value. Herman Chanen owns one of the largest construction companies in Arizona as well as being Chairman of the State Board of Regents. These men represent the very pinnacle of the Phoenix business establishment. Patrick's father James E. Patrick I, was president of the VALLEY NATIONAL BANK at the time of this transaction. After retiring, Patrick Sr. went to Kuwait to become president of ROYAL PETROLEUM. This is interesting considering that the king and queen of Kuwait bought into a 45% ownership of Keating's $300 million PHOENICIAN RESORT. September 19, 1985, Keating received a $5 million uncollateralized loan on this property from PRUDENTIAL INSURANCE COMPANY, a bump of another $2 million. This was a one payment note that was due in total October 1, 1990. Keating filed Chapter 11 April 1990. That was another $5 million that just "evaporated". Ronald Reagan is one of the largest stockholders in PRUDENTIAL INSURANCE and his relatives in Arizona have large joint business ventures with PRUDENTIAL. One month after the PRUDENTIAL loan, Keating really became bold when he purchased the property adjoining the HQ property for $13,000,000 for the LINCOLN SAVINGS AND LOAN branch office! For all practical purposes this property is identical to the HQ property in size and structures. It then had recently sold for $1,376,340. Very bold. The plot thickens. On the deed for the ACC Hq property it stated "When recorded mail to AMERICAN CONTINENTAL 2621 East Camelback Road, Suite 150, Phoenix, Arizona." This was just across the hall from General Singlaub's U.S. COUNCIL FOR WORLD FREEDOM, the American affiliate headquarters of WORLD ANTI-COMMUNIST LEAGUE. It is well known that General Singlaub was William Casey's favorite agent. Singlaub was an OSS agent under the direction of Casey in France during WW II. Singlaub's mission in Phoenix, the support of the Nicaraguan Contras, was the highest concern of Reagan, Bush and Casey. What is the bottom line of all this? Let us follow the money. Charles Keating started out as an attorney for Carl Lindner, who sold ACC to Keating in 1979. Lindner, a well documented profiteer off the Vietnam war, is a much bigger player than Keating. Lindner owned 7 failed S & Ls but has gone virtually unmentioned in regards to the S & L looting scandal. He has been reported to be one of the ten wealthiest men in America. At the same time as Keating was purchasing the ACC HQ property, Lindner was transferring almost the total assets of his AMERICAN FINANCIAL CORPORATION (a private company requiring no stockholder reports) into a Honduran company, UNITED BRANDS --- taking UNITED BRANDS from a publicly traded to a private company. UNITED BRANDS was formed when UNITED FRUIT, a CIA front prominent in several Latin American coups, was merged with a second company. (CHEQUITA BANANA is a well know brand name of UNITED BRANDS.) By this skillful timing, Carl Lindner thus became the world's greatest financial beneficiary of the CONTRA/HONDURAN aid program --- which poured billions of U.S. aid into Honduras to the direct enrichment of Lindner's plantations. Would Lindner send his water boy, Charles Keating, out to facilitate the CONTRA war with General Singlaub so that he could multiply his fortune? Also very hard to miss is the fact that Walter J. Bush, nephew to the president, was involved in business with Keating, flying the banner AMERICAN CONTINENTAL LAND INVESTMENT CORPORATION at 2777 East Camelback. Walter closed down and moved out of this location the week Keating filed Chapter 11. Walter Bush owns this property which adjoins LINCOLN SAVINGS 2747 East Camelback. This LINCOLN property is owned by Keating and adjoins Keating's HQ property 2735 East Camelback. Walter Bush was using the name AMERICAN CONTINENTAL LIFE INSURANCE COMPANY in 1964, 16 years before Charles Keating came to Phoenix! Does this imply a Carl Lindner/Walter Bush connection long before Keating came to Phoenix? When Keating and Singlaub arrived in Phoenix at the same time and set up offices across the hall from each other, were they met by Walter Bush? The RTC attorneys have been presented with all this information (EDITORS NOTE: This included Michael Manning, the attorney now representing the STATE PENSION FUND vs Symington, and 2 others.) as have the attorneys for the bondholders. They have never as much as made a phone call in response. Last week the Pulitzer Prize winning journalist, Tom Fitzpatric, published an article entitled KEATING'S CAMELBACK CONNECTION in the Phoenix based NEW TIMES tabloid which included most of the major features of this article. The effect has been like a hydrogen bomb going off in slow motion. I told Fitzpatric that if he did not hear from the attorneys for the 60,000 bondholders who lost their life savings in Keating's LINCOLN SAVINGS AND LOAN that he could rest assured that my suspicion that Carl Lindner and the CIA had their attorneys parked on top of this suit was correct. Fitzpatric has heard nothing. Readers acquainted with any of these bondholders are encouraged to send them this article. Obviously if Keating was part of a William Casey intelligence operation, these bondholders can expect more than two cents on their invested dollar. In the final analysis, when all the small players are stripped away what will probably be found is a small pack of billionaires in a feeding frenzy at the public trough. The fact that Keating and Bush were running businesses that looked like the perfect money laundering adjunct required by all major CIA covert operations is not to say that there is proof of this. Despite the interesting investigative leads presented herein, there is as yet nothing on paper to indicate that money ever passed between Walter Bush, Charles Keating and General Singlaub. But, if such proof does exist, there is one certainty. It will not be found by the Feds. DE-CENTRAL INTELLIGENCE AGENCY P.O. Box 58, Tempe, Arizona 85280 (602) 966-3540 e-mail: [EMAIL PROTECTED] (C) 1996 Intelligence Connection ----- Aloha, He'Ping, Om, Shalom, Salaam. Em Hotep, Peace Be, Omnia Bona Bonis, All My Relations. Adieu, Adios, Aloha. Amen. Roads End DECLARATION & DISCLAIMER ========== CTRL is a discussion and informational exchange list. Proselyzting propagandic screeds are not allowed. Substance—not soapboxing! These are sordid matters and 'conspiracy theory', with its many half-truths, misdirections and outright frauds is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. 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