Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
295,135
edits
Changes
Jump to navigation
Jump to search
Line 11:
Line 11: + + + + − :"The suit was ultimately settled, but intriguingly, briefs for Systematics, a Stephens property, were submitted by a trio of lawyers including C.J. Giroir and Webster L. Hubbell and signed by Hillary Rodham"<ref>Who is Jack Ryan?'' The [[Wall Street Journal]] '', August 1, 1994</ref>+
Bank of Credit and Commerce International (view source)
Revision as of 15:53, October 31, 2016
, 15:53, October 31, 2016→BCCI takeover of 2 US banks
By then Lance had left the Carter administration, and he and Jackson Stephens joined together to help BCCI in a hostile takeover of Financial General. Financial General filed a lawsuit on February 17 and named "Bert Lance, Bank of Credit & Commerce International, Agha Hasan Abedi, Eugene J. Metzger, Jackson Stephens, Stephens Inc., Systematics Inc. and John Does numbers 1 through 25." Systematics was represented by C.J. Giroir, [[Webster Hubbell]], and [[Hillary Rodham Clinton]] of the Rose Law Firm of Little Rock:
By then Lance had left the Carter administration, and he and Jackson Stephens joined together to help BCCI in a hostile takeover of Financial General. Financial General filed a lawsuit on February 17 and named "Bert Lance, Bank of Credit & Commerce International, Agha Hasan Abedi, Eugene J. Metzger, Jackson Stephens, Stephens Inc., Systematics Inc. and John Does numbers 1 through 25." Systematics was represented by C.J. Giroir, [[Webster Hubbell]], and [[Hillary Rodham Clinton]] of the Rose Law Firm of Little Rock:
{{Quotebox|"The suit was ultimately settled, but intriguingly, briefs for Systematics, a Stephens property, were submitted by a trio of lawyers including C.J. Giroir and Webster L. Hubbell and signed by Hillary Rodham"<ref>Who is Jack Ryan?'' The [[Wall Street Journal]] '', August 1, 1994</ref>}}
Edwin McAmis, an attorney for Financial General, deposed Lance in connection with the stockholder civil suit, and turned up a mysterious loan:
{{Quotebox|The loan could have been for as much as $3.4 million . . . and came from London's Bank of Credit & Commerce International, on whose behalf Lance had approached Financial General with a bid for control. . . . Lance said he used it last January to pay off his celebrated $3.4 million loan from the First National Bank of Chicago . . . The latest loan, he said was arranged by Agha Hassan Abedi, an energetic Pakistani who heads B.C.C.I.
"Collateral? None.
"Documents? Well, no, though Lance's lawyer, Robert Altman, says some are being drawn up now."<ref>Another 'Loan' for Lance," [[Time magazine]], April 3, 1978 </ref>}}
==American branch==
==American branch==