This firm had a client, the J. Henry Schroder Banking Corporation, which acted as the financial adviser to the International Railways of Central America (IRCA). Most of Guatemala’s railways were owned by IRCA before they were sold to United Fruit in a deal handled by John Foster Dulles. Allen Dulles had been a director of the Schroder Bank, which was used by the CIA to launder funds for covert operations. There were other cozy relationships with United Fruit. For instance, the family of the assistant secretary of state for inter-American affairs, John Moors Cabot, owned interests in United
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