Word: broker
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B.C.C.I. did more than finance or broker arms deals between nations that couldn't risk exposure of politically embarrassing relationships. Arms dealers from Europe and the Middle East, as well as a high-level operative from B.C.C.I.'s Karachi-based black network, have separately provided TIME with nearly identical descriptions of some of B.C.C.I.'s elaborate services for the sale of conventional weapons. "They could handle everything," says one of those sources. "Brokering, financing, letters of credit, false end-user certificates, shopping, spare parts, training and even personnel. You could order a bomb, a plane to deliver it and somebody...
Ironically, Thomas' strongest advocate in the Senate, Missouri Republican John Danforth, last week accused the White House of "trying to turn the clock back on civil rights." Danforth had been attempting to broker a compromise between the Administration and Congress over the new civil rights bill. But Bush rejected a bipartisan plan to bar employers from demanding higher qualifications than a job requires, a practice that can tend to discriminate against minority applicants. So when the Senate returns from its August recess, it will deal with two explosive issues centering on affirmative action...
...Mustafa, "or we would use terror tactics," including kidnapping and blackmail. "The Pakistanis were easy to terrorize; perhaps we might send someone his brother's hand with the rings still on it." Adds Mustafa: "We were after business cooperation or military or industrial secrets that we would use or broker, and we targeted generals, businessmen and politicians. In America it was easy: money almost always worked, and we sought out politicians known to be corruptible...
Lloyd's investigators have also probed Bilbeisi's role as an arms broker. In one transaction Bilbeisi proposed the sale of U.S.-built Jordanian fighter jets and helicopters to Guatemala. According to documents from a Bilbeisi company, three helicopters were delivered at hugely inflated prices, and part of the proceeds was kicked back to high-ranking Guatemalan officers and the brother of former President Vinicio Cerezo. B.C.C.I. financed the deal for a $400,000 commission. Guatemala has brought criminal charges against Bilbeisi, and is seeking his extradition from Jordan...
Both relationships are strained these days. The Likud government's commitment to the de facto annexation of the occupied West Bank, hence to the open-ended subjugation of its Palestinian population, hinders the U.S.'s ongoing effort to broker a Middle East peace and jeopardizes Israel as a humane and democratic society...