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The Federal Reserve finally approved the purchase in on April 19, 1982, and BCCI renamed the bank "First American" three months later. Clark Clifford was made chairman and Robert Altman president. The head of Bank Supervision at the Federal Reserve when BCCI's purchase was approved was Jack Ryan, who later became head of the [[Resolution Trust Corporation]], in which role he denied Rep. Jim Leach's requests, Chairman of the House Banking Committee, for documents related to [[Jim McDougal]]'s [[Madison Guaranty Savings]] in the [[Whitewater investigation]].
 
The Federal Reserve finally approved the purchase in on April 19, 1982, and BCCI renamed the bank "First American" three months later. Clark Clifford was made chairman and Robert Altman president. The head of Bank Supervision at the Federal Reserve when BCCI's purchase was approved was Jack Ryan, who later became head of the [[Resolution Trust Corporation]], in which role he denied Rep. Jim Leach's requests, Chairman of the House Banking Committee, for documents related to [[Jim McDougal]]'s [[Madison Guaranty Savings]] in the [[Whitewater investigation]].
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{{Anchor|Agha Hasan Abedi}}
 
==Agha Hasan Abedi==
 
==Agha Hasan Abedi==
 
Agha Hasan Abedi used his connections to [[Jimmy Carter]] to publicize BCCI to [[head of state|heads of state]] around the world. Abedi made his personal 727 jet available to Carter, and accompanied the former President to [[Thailand]], [[Tibet]], [[Hong Kong]], and the [[Soviet Union]], among other places. Carter introduced Abedi to many heads of state and government from [[Deng Xiaoping]] in [[China]] to [[James Callahan]] in the [[United Kingdom]]. Abedi donated a half million dollars to establish the Carter Presidential Library, and a public policy institute at [[Emory University]].
 
Agha Hasan Abedi used his connections to [[Jimmy Carter]] to publicize BCCI to [[head of state|heads of state]] around the world. Abedi made his personal 727 jet available to Carter, and accompanied the former President to [[Thailand]], [[Tibet]], [[Hong Kong]], and the [[Soviet Union]], among other places. Carter introduced Abedi to many heads of state and government from [[Deng Xiaoping]] in [[China]] to [[James Callahan]] in the [[United Kingdom]]. Abedi donated a half million dollars to establish the Carter Presidential Library, and a public policy institute at [[Emory University]].
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