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Almost overnight, the eight phony firms became multimillion dollar businesses that had been established without capital expenditure. It was a mind-boggling accomplishment. The Ponzi scam served a threefold purpose. The first was to provide a new source of arms revenue for “gladiators” involved in the strategy of tension and right-wing regimes, even the regimes at war with America's closest allies. Bellatrix, for example, used $200 million of its assets to purchase French-made Exocet AM-39 missiles for Argentina's military junta in its struggle with England over the Falkland Islands.10 Other ...more
Operation Gladio: The Unholy Alliance Between the Vatican, the Cia, and the Mafia
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