CIA,Khashoggi,Zwebner,Katsav,Hadid,Farkas,Al Ali Al Sabah,Kuwait,Israel,stock fraud,drugs : Utah IMC

CIA,Khashoggi,Zwebner,Katsav,Hadid,Farkas,Al Ali Al Sabah,Kuwait,Israel,stock fraud,drugs

FROM REDHERRING.COM :

http://www.redherring.com/Article.aspx?a=16908&hed=CIA+Gains+in+Hunt+for

The Post column also flagged comments by frequent Internet poster Tony Ryals, who accuses In-Q-Tel, variously, of participating in penny stock “pump and dump” schemes in a variety of countries, including Dubai, Malaysia, and Israel, with the blogger adding an allegation that the Securities and Exchange Commission was investigating In-Q-Tel.

Mr. Tighe said In-Q-Tel does not invest in public companies, and had no involvement in any of those countries mentioned. “That simply isn’t accurate. We’re open to innovation wherever it is coming from in the world, but we have no activity in those regions,” he said.

He also denied the firm is under investigation by the SEC. Calls to the SEC on the topic drew the expected “no comment.”

Mr. Tighe also said the venture firm has been well-insulated from Washington politics that have rocked the agency since the sudden resignation of CIA Director Porter Goss earlier this month.

“There’s been no repercussions here, in part because we’re structured as a formal year-by-year problem-set definition, and we get input from that from each of the agencies in the intelligence community,” he said. “So our mission is clear, and pre-established. There’s no changes or tweaking coming from the surface of the ocean, if you will. We run beneath all those tides.”
...........................................................................................................

CIA,Kach Party,Khashoggi,Zwebner, Katsav,Hadid, Farkas,Al Ali Al Sabah,Kuwait,Israel,Mexico,penny stock,drugs...

I previously reported that Israeli President Moshe Katsav was in bed with known British Israeli penny stock fraudster,AND POSSIBLE MONEY LAUNDERER,Michael Zwebner.And that Zwebner is in bed with Islamic terrorist money laundering suspect Mohamed Hadid.Both Zwebner and Hadid are cheap penny stock and cyberfraud operators as it is so what does that make Israeli President Katsav for aiding and abetting them ?

They have all used Gal Lusky's IFA and IsraAid organization to promote Zwebner's penny stock frau,UCSY,or Universal Communications Systems,that claims to produce water from the air when it only extracts money from defrauded investors and maybe money laundering profits ! Promoting the fraud through outrageous press releases such as one Israeli President Katsav allowed his name to be used in.Or claims about the Israeli Army's interest in buying the non-existent 'airwater' machines or that the U.S. military in Iraq has received them ! Israeli President and Michael Zwebner promoting worthless shares of U.S. penny stocks,using Israeli conscripted soldiers and dead and wounded U.S. soldiers in Iraq to do so!? Yes it is a fact. :

Israel: Gal Lusky's 'IFA' Caught Up in Moshe Katsav,Mohamed Hadid, Zwebner 'UCSY' scam ?

http://www.chapelhill.indymedia.org/news/2006/03/19255.php

Israeli President Moshe Katsav aids massive penny stock fraud

https://israel.indymedia.org/newswire/display/4195/index.php

Did Israel President Moshe Katzav aid Muslim Terrorism or only fraud ?

http://www.ntimc.org/newswire.php?story_id=3854

And Chairman Chris Cox and the U.S. SEC or Securities Exchange Commission appears to condone if not encourage such securities and internet fraud. Why !

Now Daniel Hopsicker of http://www.madcowprod.com who has followed 9/11 from Venice,Florida where Mohamed Atta trained at Jeb Bush and Kathryn Harris associate, Wally Hilliard's Huffman Aviation'flight school',has pointed to possible connections between Khashoggi and Wally Hilliard just as Khasoggi is known to be connected to Jeb Bush and his father 'Poppy' Bush through Iran-Contra arms deals and Barrick's Gold before that.Adnan Khashoggi whose father was the doctor to the patriarch of all bin Laden's has come under SEC scrutiny recently for his part in GenesisIntermedia U.S. penny stock pump and dump scam and is wanted in Thailand for bank fraud.

Daniel Hopsicker has discovered a connection :

What really hit the Pentagon? Maybe Mars & Venus snake oil

SkyWay's purpose was providing an excuse for twin DC9’s to sit on a runway in St. Petersburg, FL, painted to impersonate official U.S. Government planes.

A few of the names we’ll be hearing more about include:

Saudi billionaire and long-time CIA asset Adnan Khashoggi, who first emerged in the 1970s as a middleman for U.S. defense contractors looking to do business with Saudi Arabia, and then later helped arrange the sale of U.S. arms to Iran to fund the anti-Sandinista rebels in Nicaragua. He's currently wanted by Thailand on suspicion of embezzling $64 million from a failed bank in 1996.

...And Khashoggi’s henchman Ramy El-Batrawi, currently under indictment with Big K for looting over $120 million from a bankrupt company called GenesisIntermedia, the company that owns the marketing rights to the creative output of Mars & Venus snake oil salesman John Gray.

In what must be the Mother of All Coincidences, Gray is also the man who funded the disinformation campaign calling itself the 9.11 Truth movement.

Imagine that.

...And Michael Farkas, a Miami attorney who founded and was a major stockholder of SkyWay Communications Holding Company, the last registered owner of the Cocaine One DC9. Farkas serves double duty as the American representative of an ultra-nationalist Zionist party in Israel; hr is as well a sales agent for anti-missile technology developed by Israel Aircraft Industries' for the Israeli Defense Force.

...And we mustn't forget Al Ali Al Sabah, Chief of the National Guard of Kuwait as well as the oldest member of the ruling Kuwaiti Royal Family, one of the dozen Saudi and Kuwaiti "investors" in SkyWay brought to the deal by Nazar Talib, a native of Baghdad Iraq who is today a securities trader in Arkansas.

Finally let's take a quick peek at what the disgraced owners of SkyWay are doing today. Sweating out indictments, perhaps?

Hardly. They're already waist-deep in their next big score. Check out SkyWay President Bernie Kovar's old business card, above.

Then his--Mon Dieu!-- his new business card, just below it, from his new company.

La plus ca change!

There used to be a saying: "Crime doesn’t pay."

You don't hear it much anymore.

- Daniel Hopsicker , http://www.madcowprod.com

...........................................................................................................
So the head of the Kuwait National Guard,royalty,has now been found in a 'business' deal with far right Jew and Kach Party subscriber Michael Farkas.Small world.And they all have ties to that DC-9 confiscated by the Mexican Army in Ciudad Del Carmen, Campeche, Mexico on April 10 ! I wonder why none of these brave souls steps forth to claim it !? After all the Kuwaitis and
Al Ali Al Sabah are in a court fight with Michael Farkas,Brent Kovar,et.al.over the bankrupt Skyway Communications assets and this DC-9 is about the only thing of value unless you count the over 5 tons of coke that was found in it.

Money laundering,penny stock fraud,and drug smuggling with Arab, Israeli and U.S. Republican Party connections and,no doubt,the CIA and John Negroponte's Department of Homeland Security can't be far behind.Nor Chairman Chris Cox's SEC.

And Tom DeLay endorsed Brent Kovar and his Skyway Communications penny stock fraud(and now drug running and probable money laundering with unaudited U.S. penny stock shares)and appointed Kovar to a 'respected' Republican business council.Titan Corporation,who tortured Iraqis at Abu Graib,also got in on the action and claimed they were giving Skyway Communications over a billion dollars business that also allowed insiders to dump more worthless shares to buy airplanes,hummvees,and other 'investments' for themselves.

Still the why of some of this confounds me.Why Arabs running U.S. penny stock scams with Iraelis or fundy Jews ? And with PROBABLE CIA AND CERTAINLY U.S. REPUBLICAN PARTY CONNECTIONS,AS IS THE CASE WITH SKYWAY COMMUNCATIONS ?

Jeb Bush who is a friend to Wally Hilliard owner of the Huffman Aviation 9/11 terrorist flight school in Venice, Florida,where Mohamed Atta et.al. hung out biding their time,also promoted Skyway Communications that owned the plane with over 5.5 tons of cocaine aboard that had been painted to look like a John Negroponte Dept. of Homeland Security plane using a press release from his own Florida Department of Transportation ! Why !?

These are just the facts.Someone(s) in a number of countries, not the least being the U.S. that provides worthless penny stock shares to defraud markets and individuals around the world,concerned about the integrity and honesty of their own governments should investigate.Seeing the shadow of Negroponte's Dept of Homeland Security and the U.S.CIA in all this and considering the type of Israelis,Arabs,and even British and others, tangled together in penny stock frauds and probable money laundering operations,the only unifying 'culture' I find them sharing is right wing fascism and greed.A desire to use money to further their cause over the dead bodies of their own countymen may also be a trait.

And what does this penny stock fraud buy for the international far right besides airplanes to transport drugs or arms ?

Congressman King,CIA,and Swift

Congressman Peter King,CIA,and Swift

Rep. Peter King on Why The New York Times Should Be Investigated

http://www.foxnews.com/story/0,2933,201178,00.html

GOP Congressman Calls for Criminal Charges Against 'NYT'

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1002727811

For those,like Congressman Peter King of New York, who think the CIA,(Republican Party),should be the police for the world's banking and brokerages and stock transactions,it would at least be fitting to ask the CIA to at least remove themselves from dealing in U.S.
or other public companies for personal gain in the first place.Of course Peter Kink should know that Dick Cheney and Ollie North et.al.(who called for the NY Times reporters heads on Fox 'News') - who have themselves been involved in stock scams, penny stocks, and offshore accounts and self dealing among
other things - should be the last ones to throw stones at reporters for revealing a little about the U.S. government's tentacles,not just in financial or money movements but in the world's stock markets ! All while dealing in the scammiest penny stock transactions - some of which may include unaudited shares sold or dumped in Kuala Lumpur Dubai or UAE !

I say this because Bellador Group of Kuala Lumpur and Dubai as well as deals made to tout a U.S. and or Saudi penny stock,Nannaco, by a Patrick Lockrie and James Dale Davidson of the Washington
political scene and other such questionable offshore activities like ex CIA Chief James Woolsey ,Asa Hutchinson,Tom McMillen and their scammy penny stock Fortress America and offshore deals and accounts,(Palladin,etc.),using their Beltway connections to add credibility to their stock share scams.

The recent scandal exposed by Daniel Hopsicker re Skyway Communications penny stock being used to buy a DC-9 that was painted to look like a John Negroponte Homeland Security airplane is simply outrageous,Mr.King,and we the citizens can't even be
reporters of such news because you don't want to hear it and want the rest of America and world citizens to be as ignorant as you !

If Peter King were an honest broker ,or Congressional representative,he would be calling for an investigation into the CIA's penny stock dealings and even their using sensational claims of military and security technology and supposed guaranteed government purchase of the often non-existent 'product' to promote what turns out to be worthless shares from a worthless company.The CIA is involved in penny stock scams.Check that out Representative Peter King !

In fact if Peter King only knew U.S. penny stock may be used for money laundering drug dealing and that all the stocks I mention above have offshore or Middle Eastern investors involved ! And their only desire is to dump worthless shares good for money laundering
till they are dumped back on the U.S. retail market and defrauded,mainly American investors.You and the DOJ and the SEC and the CIA and the FBI all allow this to go on. Why ?

And what does all this mean ? My sole interest began with a penny stock fraud that Stanford University and its researchers Heeschen and Cooke profited from.They used a nicotine research grant to get a patent then used by Endovasc,a fraudulent company still in 'business' thanks to the SEC, to promote or 'pump' their worthless shares from a few cents to $15 a share and back down as fast as insiders, including Stanford researchers,dumped shares !

Still later in 2002 Endovasc shares were dumped from a Charles Schwab account among others.In the end Endovasc shares became like counterfeit money for Bellador Group and its Mr.Taylor and his Arizona attorney Ron Logan.Bellador Group works out of Kuala Lumpur and Dubai,UAE,among other places no doubt.
They proudly boast of their involvement with U.S. penny stocks.And although they have been complained about around the world and didn't even report their unaudited Endovasc shares in SEC filings,
Chris Cox's SEC,or is it now John Negroponte's SEC,
allows them to continue using U.S. penny stock shares for fraud and probanle money laundering !
Why,Representative King !?

Also note the anti-tax crusader Grover Norquist's ties with gangster-lobbyist Abramoff and that Abramoff and Norquist actually charged 'clients' for meetings with W Bush or Carl Rove. Norquist is also James Dale Davidson and Steve Forbes connected by way of their far right National Taxpayers Union that Davidson founded in 1969.Steve Forbes could tell us much about James Dale Davidson and his Agora Inc. pump
and dump operations over the years.You won't read about it in Forbes or Fortune though. Perhaps this is why Steve Forbes does not open his tax records to the public when he runs for public office.

I believe the unaccounted for and unaudited penny stocks alone that the SEC and the W Bush administration allow to be pumped dumped around the world not only can aid money laundering but drug trafficking and terrorism or even political dirty tricks. Skyway Communications that both Titan Corp and Jeb Bush's Department of Transportation promoted in press releases as a viable and credible company used both to promote(pump) and dump worthless shares on defrauded investors. And again,Saudis or Arabs and right wing Israelis were both involved !

To allow the CIA to run official In-Q-Tel stock scams, and some suspect,unofficial stock scams as far as money laundering centers of Asia and the Middle East,
and also have access to monitor or mine the data of
the world's financial and stock transactions around the world is a serious conflict of interest.But DNI John Negroponte,George W Bush,SEC Chairman Chris Cox,Dick Cheney,Oliver North and even Peter King should know this.

Putting the CIA or Chris Cox and John Negroponte for that matter,in charge of mining the data of the world's financial traffic,is surley putting the foxes in charge of the hen house and any congress that allows them such powers without oversight,such as Peter King is an advocate for,should not be in Congress in the first place.

Putting the data into the hands of the CIA's and NSA's SRA Internatiional, whose Mantas Inc anti-money laundering software 'failed' to detect the illegal pump and dump of 'up to 30 million' Endovasc shares from one Schwab account in late 2002,is also unfair to investors who have been spyed upon by SRA International Mantas Inc.,supposed 'anti-money laundering' software.While SRA International bragged shortly after 911 of being able to detect a salary raise of a few thousand doillars in one brokerage customer's account - they were, in truth, unable or unwilling,to detect an illegal pump and dump of 'up to 30 million shares' from one Charles Schwab account as James Dale Davidson and his and Bill Bonner's Agora Inc. promoted it with lies to sell the wiorthless shares ! AND IT WAS EXACTLY THE SUCCESS OF THIS PUMP AND DUMP THAT LED ENDOVASC TO DEAL THEIR WORTHLESS SHARES IN KUALA LUMPUR AND DUBAI,UAE THROUGH BELLADOR GROUP THAT MAY OR MAY NOT BE A CIA FRONT BUT ARE WELL PROTECTED TO MAINTAIN THEIR PENNY STOCK FRAUD OPERATIONS IN DUBAI,ETC. !!

Putting the data into the hands of SRA Internatiional

To allow the CIA to run official In-Q-Tel stock scams, and some suspect,unofficial stock scams as far as money laundering centers of Asia and the Middle East,
and also have access to monitor or mine the data of
the world's financial and stock transactions around the world is a serious conflict of interest.But DNI John Negroponte,George W Bush,SEC Chairman Chris Cox,Dick Cheney,Oliver North and even Peter King should know this.

Putting the CIA or Chris Cox and John Negroponte for that matter,in charge of mining the data of the world's financial traffic,is surley putting the foxes in charge of the hen house and any congress that allows them such powers without oversight such as Peter King is an advocate for should not be in Congress in the first place.

Putting the data into the hands of SRA International whose Mantas Inc anti-money laundering software
'failed' to detect the illegal pump and dump of 'up to 30 million' Endovasc shares from one Schwab account in late 2002 ......

CIA monitors personal bank data of Irish citizens

http://www.ireland.com/newspaper/front/2006/0628/4117598577HM1CIA.html

Below is from a penny stock promotion site of Mark Faulk that like a number of related fraudulent sites by Patrick Byrne,James Dale Davidson,David Patch,et.al.
claim that brokers counterfeit or 'naked short' shares of the worthless 'companies' they promote.What is of most interest is the claim of being connected to the White House through lobbyist Jack Wynn as you can read for yourself below.:

On June 26, 2004, just two days after the SEC approved Regulation SHO, Patch received a request from Wynn for information pertaining to naked short selling:

Dave: Can you mail me all of your naked short selling memos? I only need the latest ones mixed with others that are educational in nature (in other words, memos that explain how naked shorts work, etc.). I'm organizing a policy paper on this issue for distribution to the White House (which has requested it) and Members of Congress (who support us).

So now the White House and Congress was requesting information on naked short selling, purportedly with the intent of putting halt to the corruption that had permeated our stock market system. Patch sent the requested information to Wynn, But then, like the Senate Banking Sub-Committee hearing that Sen. Shelby would kill a year later, the scheduled House Financial Services Committee hearing never happened.

- from penny stock scamster Mark Faulk bragging of the influence of penny stock pump and dump,money laundering con artists' influence or 'lobby' all the way to the White House !

FROM REDHERRING.COM :

http://www.redherring.com/Article.aspx?a=16908&hed=CIA+Gains+in+Hunt+for

The Post column also flagged comments by frequent Internet poster Tony Ryals, who accuses In-Q-Tel, variously, of participating in penny stock “pump and dump” schemes in a variety of countries, including Dubai, Malaysia, and Israel, with the blogger adding an allegation that the Securities and Exchange Commission was investigating In-Q-Tel.

Mr. Tighe said In-Q-Tel does not invest in public companies, and had no involvement in any of those countries mentioned. “That simply isn’t accurate. We’re open to innovation wherever it is coming from in the world, but we have no activity in those regions,” he said.

He also denied the firm is under investigation by the SEC. Calls to the SEC on the topic drew the expected “no comment.”

Mr. Tighe also said the venture firm has been well-insulated from Washington politics that have rocked the agency since the sudden resignation of CIA Director Porter Goss earlier this month.

“There’s been no repercussions here, in part because we’re structured as a formal year-by-year problem-set definition, and we get input from that from each of the agencies in the intelligence community,” he said. “So our mission is clear, and pre-established. There’s no changes or tweaking coming from the surface of the ocean, if you will. We run beneath all those tides.”
.........................................................................................................

Did Israel President Moshe Katsav aid Muslim Terrorism or only fraud ?

http://www.sbindymedia.org/newswire/display/3226/index.php

Israel: Gal Lusky's 'IFA' Caught Up in Moshe Katsav,Mohamed Hadid, Zwebner 'UCSY' scam ?

http://www.chapelhill.indymedia.org/news/2006/03/19255.php

Israeli President Moshe Katsav aids massive penny stock fraud

https://israel.indymedia.org/newswire/display/4195/index.php

Did Israel President Moshe Katzav aid Muslim Terrorism or only fraud ?

http://www.ntimc.org/newswire.php?story_id=3854

SEC,Schwab,Chris Cox,Hillary Clinton & Barbara Boxer Aid CIA'S In-Q-Tel penny stock fraud

http://www.indybay.org/news/2006/05/1824660.php

Chris Cox,SEC,Makram Majid Chams,Titan Corp,9/11,Abhu Ghraib,etc.

http://www.maineindymedia.org/newswire/display/3952/index.php

SEC Covers Up UAE Money Laundering with U.S. Stocks

http://www.ucimc.org/newswire/display/112399/index.php

John Reed Stark UAE,SEC,Georgetown University Stock fraud Academic fraud Cyber fraud

http://www.maritimes.indymedia.org/news/2006/03/12190.php

Does NSA Serve SRA International's 'Cookies' ?

http://www.india.indymedia.org/en/2005/12/211284.shtml

Porter Goss: CIA Cyber and stock fraud ops damaged by leaks ?

http://www.news.com.com/5208-1028-0.html;

D.C.Terrorbaggers:James Dale Davidson,Don Nickles, ex-CIA Chief Woolsey,Asa Hutchinson,Tom McMillen

http://www.okimc.org/newswire.php

Asa Hutchinson,ex Congressman Tom McMillen, Fortress America,offshore money laundering

http://www.cleveland.indymedia.org/news/2006/03/19034.php

To CIA,In-Q-Tel,Amit Yoran re SRA International, Mantas Inc stock fraud money laundering

http://www.maritimes.indymedia.org/news/2006/02/11841.php

Mantas Inc,Herndon, Va, Pro-Money Laundering Arm of International Bankers,Brokers...

http://www.ftaaimc.org/en/2005/12/7186.shtml

CIA and Gilman Louie are less than honest

http://www.news.com.com/5208-1082-0.html

Charles Schwab and Share-Money Laundering

http://www.sfbay.indymedia.org/news/2005/06/1747107.php

NY Rep.Peter King,CIA,Swift,NY Times,Republican stock fraud

US HOUSE OF REPRESENTATIVES Committee on Homeland Security Chairman Peter T. King 'thinks' the New York Times' journalists should be jailed for telling the truth about the CIA and Teasury Dept.'s data mining from private and international securities clearing house,Swift(Society for Worldwide Interbank Financial Telecommunication) of the Brussels, Belgium ,EU. Funny or peculiar thing is - at least one NY TIMES journalist has already gfone to jail for this administration for believing and printing some of their past(WMD'S,ETC.) LIES ? Now how ungreatful can Rep.Pete King be? He should be thanking the New York Times for all those past administration lies they printed for him,or apologizing !

He also ignores that this is perhaps a more serious issue even than the NSA's internet and phone data mining or spying ops that no doubt continue with Peter King's blessing.

Based logically upon the sheer volume of information or investment chatter and purchase and sell records it is obvious thatthe W Bush regime and their now Republicanized CIA are data mining - NOT looking specifically for 'terrorists' ,who no doubt would have known about Swift's existence anyway.Does Peter King think the bin Ladens,et.al. know nothing of finance !?

Unfortunately it is the CIA that is in the stocks or 'securities' businessand one of their investments is SRA International data mining Beltway firm that also has close ties to the NSA.SRA's Mantas anti-mony laundering software shows the SRA International and the CIA have the capabilities to use this private financial information from Swift to even manipulate stocks themselves ! This is like the CIA and people in the White House etc. having access to insider information.Can or should the world financial system trust the U.S. Treasury or CIA or the White House with such data ?

Barry Landew of SRA International,who was in charge of SRA International's Mantas spinoff to SafeGuard Scientifics,appears to be attracted to gambling which, like stocks and perhaps particularly penny stocks,can be used for money laundering.I don't believe I need to explain to Mr.King the monopoly that SRA Intenational enjoys in Washington, D.C. 'IT' business or its connection to both the CIA and NSA. SRA International
provided the CIA a daily briefing which is probably still W Bush's daily CIA briefing under John Negroponte.

SRA's Barry Landew claims he has a system - a software system no doubt - and thus he is not really gambling in Las Vegas when he goes there.Although, some doubt his credibility in regards to his betting abilities and boasts and some suspect he has accrued gambling losses.

However accessing Swift's and all of the world's financial and securities transactions and data mining them through SRA International's spy software and its Mantas mining tech is dangerous and unethical behavior on the part of the W Bush administration.
Peter King's pal W Bush claimed that he had to 'follow the money' as his justification for invading the Swift data bank.Both King and Bush can 'follow the shares'
of company's promoted and shares dumped by the CIA's In-Q-Tel penny stock pump and dump(illegal) operation.Or follow U.S. penny stocks that turn up in Kuala Lumpur or Dubai as Endovasc and China Wireless(CEO a Republican) shares have through the Bellador Group cold call and boiler room operation ! Or check out Skyway Communications and its possible
CIA and certainly Republican and Tom DeLay and Jeb Bush links and also Kuwaiti ties.And its DC-9 that was busted in Mexico in April with over 5.5 tons of cocaine on board.That plane was paid for with U.S. penny stock fraud King,SEC Chairman Chris Cox et.al. do nothing about and pretend not to see ! And it had been painted to appear to be a John Negroponte Homeland Security plane ! Why ?

And now W Bush and DNI John Negroponte claim the right to doctor or falsify SEC filings at their discretion !
W Bush is himself a penny stock con artist whose first
declarable fortune came from a penny stock fraud, Harken Energy,that he pulled off with Saudi and bin Laden connected 'investors' !

Peter King appears delusional in claiming the New York Times is a left wing conspiracy against him and his leader.On the contrary in lieing about WMDS he and ex House Chairman of Homeland Security and now Chairman of the SEC,Chris Cox,along with the rest of the Bush regime unleashed the fury of ruight wing Islam upon themselves,or worst, upon others who should never have been sent to fight and die for his and his colleagues war criminal lies in the first place !

From
T R O U B L E D C O M P A N Y R E P O R T E R

Thursday, October 6, 2005, Vol. 9, No. 237

http://bankrupt.com/TCR_Public/051006.mbx

Abuse of Judicial Process

The Talib group charges that SkyWay's bankruptcy petition was
filed in bad faith. They argue that the Debtor's behavior, before
and after the bankruptcy filing, clearly speaks of abuse of the
judicial system. This abuse includes intentional violation of
numerous District Court orders, the creditors contend. Also, the
Debtor's counsel, David W. Steen, Esq., of Tampa, has now sought
to withdraw from the proceeding as a result of the Court's refusal
to permit Skyway to transfer an asset to his name.

Inability to Effectuate a Plan

The Talib Parties point out that the Debtor is out of business.
That said, it's impossible for SkyWay to effectuate a chapter 11
plan.

The Talib group urges the Bankruptcy Court to dismiss the case to
enforce the District Court's orders which will expose the illegal
and fraudulent conduct of the officers in running the Debtor's
business and handling of its assets.

The Talib group is comprised of:

* Nuwave Limited,
* Omar S. Bangaitah,
* Ahmed Salem Bugshan,
* Ahmad M. Al Ajlan,
* Ali Al Sabah,
* Castle Bridge Investors Ltd.,
* Ibrahim Al Therban,
* International Financial Advisors K.S.C.C.,
* Khalid Al Attal,
* Kuwait Investment Company,
* Kuwait Real Estate Company,
* Q Invest Inc.,
* Madi M. Haider,
* Mohammad H. Al Dall,
* Nedal Al Massoud,
* Osama A Al Abduljaleel,
* Mahmoud H. Haider,
* Pearl of Kuwait Real Estate Co.,
* Saleh Al Salmi
* Taiba Group, Inc.,
* Therfield Holdings,
* Waleed A. Al Essa,
* Yasser Zakaria Al Nahhas,
* Yousef Al Saleh, and
* Nazar F. Talib.

Headquartered in Clearwater, Florida, SkyWay Communications
Holding Corp. fka I-Teleco.com, Inc., fka Mastertel Communications
Corp. -- http://www.skywaynet.us/-- develops ground to air in-
flight aircraft communication. The Debtor filed for chapter 11
protection on June 14, 2005 (Bankr. M.D. Fla. Case No. 05-11953).
When the Debtor filed for protection from its creditors, it listed
$1 million to $10 million in assets and $10 million to $50 million
in debts.

Below from The Insider Game

By PAUL KRUGMAN, The New York Times

http://72.14.207.104/search?q=cache:X0XhanWlbUUJ:http://www.the-catbird-seat.net/AlohaHarken.htm+skyway+aircraft+al+ali+al+sabah+bath&hl=en&ct=clnk&cd=2

Despite assurance from Saddam that Kuwait was his only objective and with no concrete evidence to the contrary, Bush nevertheless personally telephoned the leaders of Saudi Arabia and warned that they would be the next target of the “new Hitler.” Panicked, the Saudis handed over as much as $4 billion to Bush and other world leaders as secret payoffs to protect their kingdom, according to Sabah family member Sheik Fahd Mohammed al-Sabah, chairman of the Kuwait Investment Office.

Long after the Persian Gulf War, when audits found this money had been diverted into a London slush fund, anti-Sabah elements in Saudi Arabis criticized the payoff. They were told by al-Sabah, “That money was used to buy Kuwait’s liberation. It paid for political support in the West and among Arab leaders – support for Desert Storm, the international force we urgently needed.”

Whether this money played any role or not, Bush soon drew a “line in the sand” to block further Iraqi intrusion. It is interesting to note that this line was located between the Iraqi forces and oil interests owned by his son, soon-to-be Texas governor George W. Bush.

Bush, the president’s eldest son, was a $50,000-a-year “consultant” to and a board member of Harken Energy Corp. of Grand Prairie, Texas, near the home of the Texas Rangers baseball team of which the younger Bush was a managing general partner.

In January 1991, just days before Desert Storm was launched, Harken shocked the business world by announcing an oil-production agreement with the small island nation of Bahrain, a former British protectorate and a haven for international bankers just off the coast of Saudi Arabia in the Persian Gulf. Bahrain was listed among the top forty countries of the world with the highest per capita Gross Domestic Product in 1996.

Veteran oilmen wondered aloud how unknown Harken, with no previous drilling experience, obtained such a potentially lucrative deal. Furthermore, it was reported that “Harken’s investments in the area will be protected by a 1990 agreement Bahrain signed with the U.S. allowing American and ‘multi-national’ forces to set up permanent bases in that country.”

The younger Bush, in October 1990, told Houston Post reporter Peter Brewton that accusations that his father ordered troops to the area to protect Harken drilling rights were “a little far-fetched.” He further claimed he sold his Harken stock before the Iraqi invasion, but Brewton cold find no record of the sale in the files of the Securities and Exchange Commission (SEC).

Records of Bush’s Harken stock sale finally turned up in March 1991, eight months after the July 10, 1990, SEC deadline for filing such disclosures. One week after Saddam’s troops entered Kuwait, Harken stock had dropped to $3.03 a share. The tardy SEC records revealed that by some good fortune, Bush had sold 66 percent of his Harken stock on June 22, 1990 – just weeks prior to Iraq’s invasion – for the top-dollar price of $4.00 a share, netting him $848,560.

Despite locating productive wells in South America, the drop in oil prices in early 1999 caused Harken stock to remain about $4.00 per share.

Stock purchases, oil and grain deals, arms sales, loans and guarantees, the weakening of the Arabs to benefit Israel, the movement toward a global army and government created a mind-numbing entanglement.

“It is doubtful whether the ‘real’ reasons why the United States went to war in the Persian Gulf will ever emerge,” wrote Vankin and Whaley.

“Unlike in Vietnam, where the ambiguous outcome elicited natural suspicions, in the Gulf the decisiveness of victory has buried the reality deeper than any Iraqi or American soldier who went to a sandy grave.”

The duplicity didn’t end with the fighting. Throughout the Clinton administration there have been periodic air forays into Iraq, ostensibly to punish Saddam for preventing UN inspection of his development centers for biological and nuclear weaponry. However, this time there was a big difference – probing questions were raised by both a suspicious public and a few less timid members of the news media.

Following missile and bombing strikes in late 1998, a letter writer to a national news magazine asked, “By using weapons of mass destruction to deter Iraq from manufacturing weapons of mass destruction, would America not be doing the very thing we’re warning Iraq not to do?”

Others raised the question of why we attacked Iraq for refusing UN inspection of its sensitive military installations when President Clinton also had refused to allow such inspections in the United States – a refusal greeted with general approval by the public.

Scott Ritter, a member of the United Nations Special Commission (UNSCOM) created to locate and eliminate Saddam Hussein’s secret weapons caches, resigned in August of 1998 and accused the U.S. government of using the commission to justify an attack on Iraq.

from The Insider Game

By PAUL KRUGMAN, The New York Times

http://timesofindia.indiatimes.com/articleshow/1742738.cms

Israel president in spiralling sex scandal
[ 13 Jul, 2006 0241hrs ISTAP ]

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JERUSALEM: Israel's president is being dogged by allegations of sexual harassment in a spiralling scandal that has pushed the country's violent standoff with Hamas off the front pages.

The swirl of accusations against president Moshe Katsav has not led to charges or even a police investigation. But it is threatening to tarnish the image of a Mr Clean politician and has invited comparisons to another presidential sex scandal.

"Who does he think he is? Clinton?" a pair of comedians wrote in a newspaper column this week. Katsav, who has held the largely ceremonial office since 2000, denies wrongdoing.

The first allegation surfaced last week when Israel's Channel 2 TV reported that a former senior employee in the president's office accused him of sexually harassing her. The woman has not been identified.

In a meeting with Katsav last week, she also threatened to disclose the number of an overseas bank account allegedly set up to collect money the president received in exchange for presidential pardons, the television report said.

The employee demanded hush money, it added. "Katsav sexually harassed me," a newspaper headline said.

COCAINE ONE BUST LIFTS VEIL ON GLOBAL NARCOTICS CARTEL

WORLD EXCLUSIVE
AUGUST 8, 2006--Venice,FL.
by Daniel Hopsicker

A DC9 registered to a company which once used as its address the hanger of Huffman Aviation, the flight school at the Venice, FL Airport which trained both terrorist pilots who crashed planes into the World Trade Center, was caught in Campeche by the Mexican military April 10th carrying 5.5 tons of cocaine destined for the U.S.

Beyond a few half-hearted stabs at pinning blame for the crime on scapegoats du jour like the FARC in Colombia or Hugo Chavez in Venezuela, authorities in Mexico and the U.S. have had virtually nothing to say about the case.

In the more than three months since, the massive seizure has slipped into a black hole.

One of the chief shareholders in SkyWay Aircraft, the company which owned the DC9 airliner (N900SA) seized in Mexico with 5.5 tons of cocaine aboard, is a private investment bank in Dallas which also raised funds for a Mexican industrialist with reported ties to a Cali and Juarez Cartel narcotics trafficker, the MadCowMorningNews has learned.

An investigation into the circumstances surrounding the seizure of the DC9 airliner (dubbed Cocaine One for its paint job and Seal designed to impersonate planes from the U.S. Dept. of Homeland Security) has unearthed evidence which is beginning to pierce the heavy curtain behind which the biggest taboo in the U.S. mainstream media has remained hidden: the identities of the until-now anonymous American Drug Lords.

- Daniel Hopsicker , http://www.madcowprod.com

from Mystery Man
By Craig Unger

In the mid-'70s, the young Bush introduced Bath to his father, George H.W. Bush, a former U.S. ambassador to the United Nations, chairman of the Republican National Committee and, under President Ford, chief plenipotentiary of the U.S. mission to China. There was also Bath's duck-hunting buddy, James A. Baker III, then in his mid-40s, one of Houston's most powerful corporate attorneys and a true Texas patrician as a member of one of the oldest and wealthiest families in the city. Finally, there was John Connally, the former Democratic Texas governor who became secretary of the Treasury under Nixon in 1971 and had switched to the Republican Party.

By 1976, bin Laden had appointed Bath to be his American business representative. Bin Mahfouz drew up a similar arrangement with him. Bath was more than simply someone who could provide the Saudis with an entree to political power brokers. But exactly what he did beyond that, in the intelligence world and elsewhere, is shrouded in mystery. When asked about his career, Bath downplays his importance. By his account, he is merely "a small, obscure businessman." It has often been said that he was in the CIA, but Bath denied that to Time magazine. Later, he equivocated. "There's all sorts of degrees of civilian participation [in the CIA]," he told me. "It runs the whole spectrum, [from] maybe passing on relevant data to more substantive things. The people who are called on by their government and serve -- I don't think you're going to find them talking about it. Were that the case with me, I'm almost certain you wouldn't find me talking about it."

Bath's role in investing for the Saudis took various forms. "The investments were sometimes in my name as trustee, sometimes offshore corporations and sometimes in the name of a law firm," he says. "It would vary."

Bath generally received a 5 percent interest as his fee and was sometimes listed as a trustee in related corporate documents.

On behalf of Salem bin Laden, Bath purchased the Houston Gulf Airport, a small, private facility in League City, Texas, 25 miles east of Houston. He also became the sole director of Skyway Aircraft Leasing in the Cayman Islands, which was owned by bin Mahfouz.

Through Skyway, Bath brokered about $150 million worth of private aircraft deals to major stockholders in the Middle Eastern Bank of Credit and Commerce International, such as Ghaith Pharaon, a Saudi billionaire, and Sheik Zayed bin Sultan an-Nahayan, president of the United Arab Emirates. To incorporate his companies in the Cayman Islands, Bath used the same firm that set up a money-collecting front for Oliver North in the Iran-Contra affair. He also served as an intermediary between the Saudis and Connally, who, having served as Nixon's Treasury secretary, began to position himself for a shot at the White House in 1980.

In August 1977, Connally and Bath teamed up with bin Mahfouz and his friend Pharaon to buy the Main Bank of Houston, a small community bank with about $70 million in assets.

Next page: Saudis seeking access to the highest levels of American power realized that Bush was the man to see

Israeli Sex Scandal Backlogs Hamas Conflict

http://1010wins.com/pages/55482.php

The first allegation surfaced late last week when Israel's Channel 2 TV reported that a former senior employee in the president's office accused him of sexually harassing her. The woman has not been identified.

In a meeting with Katsav last week, she also threatened to disclose the number of an overseas bank account allegedly set up to collect money the president received in exchange for presidential pardons, the television report said. The employee demanded hush money, it added.

The Maariv newspaper reported Tuesday that a second woman has since come forward with similar accusations.

Republican drug trafficking Skyway Communications' Saudi and Kuwaiti investors names

from Troubled Company Reporter

http://bankrupt.com/TCR_Public/051006.mbx

SKYWAY COMMS: SEC and FBI Investigations Underway
-------------------------------------------------
Alexis Muellner, writing for the Tampa Bay Business Journal
reports that the Securities and Exchange Commission is
investigating Skyway Communications Holdings Corp. in connection a
federal lawsuit alleging misuse of millions of dollars and
securities fraud.

Mr. Muellner also reports that the FBI are also interested in the
names of the Talib group. Brent C. Kovar, the Debtors' president
and CEO told Mr. Muellner that some of those names have a red
flag.

Mr. Muellner adds that the FBI will neither confirm nor deny that
investigations are underway.

As previously reported in the Troubled Company Reporter on
Aug. 9, 2005, a consortium of lenders known as the Talib Parties
asked the U.S. Bankruptcy Court for the Middle District of
Florida, Tampa Division, to dismiss the chapter 11 case filed by
SkyWay Communications Holding Corp. fka I-Telecom, Inc., fka
Mastertel Communications Corp.

Abuse of Judicial Process

The Talib group charges that SkyWay's bankruptcy petition was
filed in bad faith. They argue that the Debtor's behavior, before
and after the bankruptcy filing, clearly speaks of abuse of the
judicial system. This abuse includes intentional violation of
numerous District Court orders, the creditors contend. Also, the
Debtor's counsel, David W. Steen, Esq., of Tampa, has now sought
to withdraw from the proceeding as a result of the Court's refusal
to permit Skyway to transfer an asset to his name.

Inability to Effectuate a Plan

The Talib Parties point out that the Debtor is out of business.
That said, it's impossible for SkyWay to effectuate a chapter 11
plan.

The Talib group urges the Bankruptcy Court to dismiss the case to
enforce the District Court's orders which will expose the illegal
and fraudulent conduct of the officers in running the Debtor's
business and handling of its assets.

The Talib group is comprised of:

* Nuwave Limited,
* Omar S. Bangaitah,
* Ahmed Salem Bugshan,
* Ahmad M. Al Ajlan,
* Ali Al Sabah,
* Castle Bridge Investors Ltd.,
* Ibrahim Al Therban,
* International Financial Advisors K.S.C.C.,
* Khalid Al Attal,
* Kuwait Investment Company,
* Kuwait Real Estate Company,
* Q Invest Inc.,
* Madi M. Haider,
* Mohammad H. Al Dall,
* Nedal Al Massoud,
* Osama A Al Abduljaleel,
* Mahmoud H. Haider,
* Pearl of Kuwait Real Estate Co.,
* Saleh Al Salmi
* Taiba Group, Inc.,
* Therfield Holdings,
* Waleed A. Al Essa,
* Yasser Zakaria Al Nahhas,
* Yousef Al Saleh, and
* Nazar F. Talib.

Headquartered in Clearwater, Florida, SkyWay Communications
Holding Corp. fka I-Teleco.com, Inc., fka Mastertel Communications
Corp. -- http://www.skywaynet.us/-- develops ground to air in-
flight aircraft communication. The Debtor filed for chapter 11
protection on June 14, 2005 (Bankr. M.D. Fla. Case No. 05-11953).
When the Debtor filed for protection from its creditors, it listed
$1 million to $10 million in assets and $10 million to $50 million
in debts.