October 24, 2014

Recovered history: The real Clinton story

Things the media forgets to tell you about the Clintons and the state that made them.

1976

Bill Clinton is elected attorney general of Arkansas.

Two Indonesian billionaires come to Arkansas. Mochtar Riady and Liem Sioe Liong are close to Suharto. Riady is looking for an American bank to buy. Finds Jackson Stephens with whom he forms Stephens Finance. Stephens will broker the arrival of BCCI to this country and steer BCCI's founder, Hassan Abedi, to Bert Lance.

Riady's teen-age son is taken on as an intern by Stephens Inc. He later says he was "sponsored" by Bill Clinton.

1977

Hillary Clinton joins the Rose Law Firm.

Apparently because of pressure from Indonesia, Riady withdraws his bid to buy Lance's 30% share of the National Bank of Georgia. Instead, a BCCI front man buys the shares and Abedi moves to secretly take over Financial General - later First American Bankshares -- later the subject of the only BCCI-connected scandal to be prosecuted in the US.

No comments: