Word: middleman
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Arms dealers are not the only ones to describe a pact between Abedi's bank and China's weapons industry: according to State Department sources, China has also used B.C.C.I. as a middleman in Silkworm missile sales to Iran, Iraq and Saudi Arabia. The Silkworm missiles sold to Iraq and Saudi Arabia were equipped with sophisticated Israeli-manufactured guidance systems, the government sources say. Arms dealers who have done business with B.C.C.I. say its officers attracted illegal deals because the bank provided documentation and letters of credit for arms being shipped, for example, as agricultural machinery, and that it routinely...
...very act of operating simultaneously as a bank and as a broker gives B.C.C.I. an enormous advantage: it is instantly able to fund virtually any deal it wants and empower any middleman it chooses to pull such a deal off. The B.C.C.I.-brokered sale of F-4 Phantom jet parts to Iran from the U.S. offers a good illustration of the process. The deal starts when B.C.C.I. learns from its sources in Iran that it wants to buy spare parts. B.C.C.I. and its agents then research the supplier market to obtain the price of the materiel. Because U.S. restrictions...
...intelligence agencies were well aware of such activities. "B.C.C.I. played an indispensable role in facilitating deals between Israel and some Middle Eastern countries," says a former State Department official. "And when you look at the Saudi support of the contras, ask yourself who the middleman was: there was no government-to-government connection between the Saudis and Nicaragua...
Regarding Henry, Mike Nichols' effective, infuriating new weepie, works a cunning variation on the born-again theme. It eliminates the middleman, Death, by subjecting Henry Turner (Harrison Ford) to a gunshot wound that erases his memory. Bang!, you're a new man. The old one needed some revision. That Henry was a slick Manhattan lawyer who misused his gifts to ruin innocent men and save venal corporations. Instructed by his chic wife (Annette Bening) to apologize to their 11-year-old daughter (Mikki Allen), Henry instead scolds the dear girl in Latin. The guy barely deserves to live, until...
Speaking in New York last month, newly elected Russian Federation president Boris Yeltsin angrily cited an example of the kind of "exploitation" he would not allow: a middleman who bought meat in Moscow and sold it as shashlik in a city less than a hundred miles away for a big markup. Meeting Yeltsin immediately after, S. Frederick Starr, president of Oberlin College in Ohio and a Sovietologist, suggested that instead of putting the dealer out of action, the Russian leader ought to encourage five more hustlers to go into the business. That way more shashlik would be distributed while competition...