No U.S. Help for Bosnia

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1 total messages Started by Clark Matthews Tue, 25 Aug 1992 16:01

#682

Author: Clark Matthews
Date: Tue, 25 Aug 1992 16:01

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Acting Secretary of State Larry Eagleburger departed for London on Saturday, to attend negotiations on the worsening civil war in what used to be Yugoslavia.

When Yugoslavia was still Yugoslavia, between 1986-88, Eagleburger (dubbed "Lawrence of Serbia" by State Department colleagues) took a leave of absence from government service to obtain U.S. banking charters (and taxpayer- guaranteed deposit insurance, shades of BCCI and BNL) for the Serbian- controlled Bank of Llubjianna.

Eagleburger received salary, commissions, fees and stock totalling over $2 million from Kissinger Associates and the bank, which was and is controlled by senior members of the Serbian-dominated Yugoslav government.  Larry succeeded in obtaining a U.S. charter for the bank.

On his departure for London, Acting Secretary Eagleburger said he didn't hold out much hope of a negotiated settlement of the Balkan civil war.

And he's in a position to know, don't you think?

Best,
  Clark


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