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To: marcos who wrote (82245)	2/17/2002 10:23:44 PM
From: E. Charters	Read Replies (1) \| Respond to of 116997

'Scuse me, Jose, I believe it is the American Currency raiders and the IMF who engineer the bail outs of foreign countries with loan problems. It is a proven fact that one cannot go broke loaning money and running the IMF. These raids and bailouts put foreign currency exchanges at favourable rates for the lending country with the largest trade no matter what the trade deficit is. Fewer dollars go out for more resources. With "free" trade there will be fewer colonial factories pumping out widgets and fewer anti-dumping coalitions, allowing cheaper and cheaper goods and materials to enter the US of A. EC<:-}

To: marcos who wrote (82245)	3/7/2002 7:11:48 AM
From: long-gone	Respond to of 116997

Pemex scandal widens as authorities discover additional dlrs 53 million missing from Pemex Wed Mar 6, 1:31 PM ET By AMPARO TREJO, Associated Press Writer MEXICO CITY - Authorities have widened an investigation into possible fraud at the state-owned oil monopoly Pemex, saying the amount of money allegedly diverted to the former ruling party has climbed to about dlrs 170 million. "Based on diverse lines of investigation, we have detected other irregularities in the handover of public resources to the oil workers union between March and October of 2000," Eduardo Romero Ramos, deputy secretary of the federal controller's office, said Tuesday. Federal prosecutors alleged in January that the union had laundered dlrs 120 million for the presidential campaign of Francisco Labastida, the Institutional Revolutionary Party candidate who lost the 2000 election to President Vicente Fox (news - web sites). Labastida was the first PRI candidate to lose an election, breaking the party's 71-consecutive-year stretch in power. Ramos said Tuesday authorities had found an additional dlrs 53.3 million in missing funds. Once again, he pointed the finger at union leader and PRI member Carlos Romero Deschamps and former Pemex director Rogelio Montemayor. Montemayor, a former Coahuila state governor, is accused of helping illegally transfer funds into the union's bank account, which allegedly passed on the money to the PRI in a complicated series of transfers. Montemayor has said that all of the past money transfers to the union were legal, and that he would respond soon to the newest accusations. Romero's spokesman said the union leader would have no public comment. In its investigation of the controller's allegation, the federal Justice Department (news - web sites) thus far has been able to confirm only dlrs 70 million in diverted funds. story.news.yahoo.com

To: marcos who wrote (82245)	5/15/2002 1:36:31 PM
From: long-gone	Respond to of 116997

Vatican Denies Role in Fraud Scheme Wed May 15,12:03 PM ET VATICAN CITY (AP) - The Vatican (news - web sites), targeted in a federal lawsuit in the United States, denied any involvement Wednesday in a $200 million-plus insurance fraud scheme run by jailed financier Martin Frankel. Photos AP Photo As it did when the scandal surfaced three years ago, the Vatican distanced itself from a prelate and two charities named in the suit. The lawsuit, filed last Thursday in Mississippi by the insurance commissioners of Mississippi, Tennessee, Missouri, Oklahoma and Arkansas, accuses the Vatican and Monsignor Emilio Colagiovanni of racketeering and fraud. The lawsuit says that in 1998 Frankel, with the help of Colagiovanni, tried to use the church as a front to purchase insurance companies. It says Frankel was to give $55 million to the Vatican as a charitable foundation. The Vatican would keep $5 million and Frankel would retain control over the remaining $50 million. The suit says the Vatican was associated with the fraud through the actions of Colagiovanni in his role as a senior member of the Vatican government, and that other senior Vatican officials knew of the schemes but did not act to stop them. The states are seeking the $200 million-plus as the amount U.S. insurance companies lost. The Vatican never benefited from the $200 million, but under the racketeering law, a party involved in the conspiracy is responsible for the entire amount stolen, said Mississippi's deputy insurance commissioner, Lee Harrell. Frankel was arrested in Germany in 1999 and is jailed in Rhode Island awaiting trial in U.S. District Court in New Haven, Conn., on charges of racketeering, fraud and conspiracy. Colagiovanni was arrested in Ohio last August 2001 on charges of wire fraud and conspiracy to launder money in connection with a multimillion-dollar insurance scam. Vatican spokesman Joaquin Navarro-Valls said Colagiovanni at the time of the alleged scheme was a retired priest no longer holding any Vatican office and was acting "as a private Italian citizen." Navarro-Valls reiterated that the Vatican neither received funds from the foundations nor furnished any. He said the Holy See has given the information it has to the attorney general of Mississippi. The suit was filed in Mississippi because some 70 percent of the money was looted from Mississippi companies, Harrell said. He said most of the sham offices were based in Franklin, Tenn. story.news.yahoo.com