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Bank scam con may rattle Kerry closet
Boston Herald ^ | Friday, July 30, 2004 | David R. Guarino

Posted on 07/30/2004 6:15:08 AM PDT by Land_of_Lincoln_John

As John F. Kerry tries to bounce out of Boston and into a decisive fall campaign lead, a skeleton from the past will slink out of jail - possibly looking to score headlines and undercut the new nominee.

David Paul, a central figure in a 1980s savings and loan scandal, is set to be sprung from a halfway house in Miami Sunday - a decade after his conviction on 97 counts of banking fraud.

TV news outlets are scrambling to line up the first interview, hopeful the long-silent Paul might spill some beans about his close fund-raising ties to Kerry during the 1988 national campaigns.

David Bossie, who interviewed Paul for a new book that is very critical of Kerry, titled ``The Many Faces of John Kerry [related, bio],'' said the former banker may have a lot more to say about Kerry.

``There's no question he's holding cards, there's no question there's more out there,'' Bossie said. Paul did not return calls.

The Kerry campaign wouldn't comment on his release.

Paul, who was chairman of the Miami-based CenTrust Savings, and Kerry came into closest contact while the Bay State senator was chairman of the Democratic Senatorial Campaign Committee in 1988.

Kerry appointed Paul head of the Democratic Trust, a fund-raising arm of the DSCC.

The senator was then chairman of the Senate subcommittee investigating the Bank of Credit and Commerce International and other S&Ls. Bank execs and associates gave more than $30,000 to the DSCC, earning Paul recognition at the `88 DNC in Atlanta.

That year, Kerry attended a swank party at Paul's Miami mansion, where guests were fed by six of the top chefs of France.

Paul was later charged with wrongful investment of his bank's funds in junk bonds and using bank money to finance his lavish lifestyle.

Republican investigators in Congress later detailed ties between Paul and BCCI. The issue was raised in Kerry's 1990 re-election campaign, when Kerry beat Republican James Rappaport.

Kerry was never accused of any wrongdoing.

In the book interview, Paul offers only cryptic suggestions he might try to hurt the senator. Paul says he loves the Drudge Report - a right-leaning gossip Web site and he hints that he is aware of incidents involving Kerry and women.

``John Kerry was a red-blooded American guy. He liked the ladies - at least he wasn't gay,'' Paul said.


TOPICS: Breaking News; Crime/Corruption; News/Current Events; Politics/Elections; US: Florida; US: Massachusetts
KEYWORDS: 1988; 1990; alkassar; armsdealers; armssmugglers; banking; banks; bcci; bookreview; centrust; davidbossie; davidpaul; democratictrust; drudgereport; dscc; france; fundraiser; iran; iraq; iraqi; johnkerry; kerry; kerry2004; kerrydonor; manyfacesofjk; marcrich; miami; monzeralkassar; sarkissoghanalian; scandal; soghanalian; syria; syrian
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To: Land_of_Lincoln_John
That year, Kerry attended a swank party at Paul's Miami mansion, where guests were fed by six of the top chefs of France.

Kerry is such a dork.

``John Kerry was a red-blooded American guy. He liked the ladies - at least he wasn't gay,'' Paul said.

After his little love fest with his girlie boy VP, I'd question that statement. Kerry cannot leave his hands off other men.

21 posted on 07/30/2004 11:12:49 AM PDT by concerned about politics ( Liberals are still stuck at the bottom of Maslow's Hierarchy)
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To: Yehuda

"``John Kerry was a red-blooded American guy. He liked the ladies - at least he wasn't gay,'' Paul said."

I guess that's a relief to John Edwards... or is it?

Thanks for posting what was/is on the minds of a lot of us after the open fondling of Edwards by Kerry when Edwards parked his ambulance at the DNC to become Kerry's partner in crime.


22 posted on 07/30/2004 11:26:08 AM PDT by Grampa Dave (3/4 of those who decide what appears on the front page of the NY Slimes are homosexual!)
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To: Jaded
Oh, flashback! Around forever ago I did a term paper in a banking class for this. A number of the folks involved with BCCI were Arab. There were other foreigners, the name Marcos comes to mind. The whole corrupt, incestuous lot.

And they're friends of Kerry. Go figure.

23 posted on 07/30/2004 11:26:26 AM PDT by concerned about politics ( Liberals are still stuck at the bottom of Maslow's Hierarchy)
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To: Land_of_Lincoln_John

Bump


24 posted on 07/30/2004 11:26:51 AM PDT by concerned about politics ( Liberals are still stuck at the bottom of Maslow's Hierarchy)
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To: Alamo-Girl; Peach; backhoe; Shermy; Ernest_at_the_Beach

Thanks for the good data that goes way back in history.


25 posted on 07/30/2004 11:28:33 AM PDT by Grampa Dave (3/4 of those who decide what appears on the front page of the NY Slimes are homosexual!)
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To: Alamo-Girl

bump


26 posted on 07/30/2004 11:35:14 AM PDT by rwfromkansas (BYPASS FORCED WEB REGISTRATION! **** http://www.bugmenot.com ****)
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To: gdc61

How can they change nominees after being nominated?


27 posted on 07/30/2004 11:37:04 AM PDT by rwfromkansas (BYPASS FORCED WEB REGISTRATION! **** http://www.bugmenot.com ****)
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To: Land_of_Lincoln_John
Here's how it will go.

1. Mr. Paul will be paid for the tell-all interview.

2. Kerry's campaign will make a big stink about the fact that Mr. Paul was paid.

3. The rest of the media will pick up on that angle.

4. The real story will disappear.

28 posted on 07/30/2004 11:46:17 AM PDT by r9etb
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To: NativeNewYorker

We need to tone down what we say about this guy in case he comes through for us.


29 posted on 07/30/2004 12:03:19 PM PDT by jojodamofo
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To: Land_of_Lincoln_John

That's impossible.

Everyone knows that only Republicans were involved in the S&L scandals of the 80's.

Democrats are much too principled and decent to get into anything unseemly like that.

(Much sarcasm)


30 posted on 07/30/2004 12:07:02 PM PDT by MplsSteve
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To: Grampa Dave

I'd never heard about this. May more and more skeletans fall out of Kerry's closet.


31 posted on 07/30/2004 12:18:18 PM PDT by Peach (The Clinton's pardoned more terrorists than they ever captured or killed.)
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To: Peach

Kerry has been the perfect potential Manchurian Candidate in training for decades.

The left wing mediots have kept it very quiet about what he has done to America and with who since he returned from Nam.

They can't hide this data any more.


32 posted on 07/30/2004 12:54:41 PM PDT by Grampa Dave (al Kerry was AWOL for 38 Of 49 Senate Intelligence Committee Hearings, 1993-2000!)
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To: Land_of_Lincoln_John

Wow! Kerry already has his legacy:

John Kerry - At least he wasn't gay.


33 posted on 07/30/2004 2:04:54 PM PDT by VeniVidiVici (Whoever lights the torch of war in Europe can wish for nothing but chaos - Adolf Hitler)
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To: Land_of_Lincoln_John

Sounds like a guy you don't have to be a billionaire to buy off. Though I'm sure it helps.


34 posted on 07/30/2004 5:31:48 PM PDT by Graymatter (Countdown---95 more days.)
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To: VeniVidiVici
"John Kerry - At least he wasn't gay."

That saying will be seen on a bumpersticker after Kerry loses in November.

35 posted on 07/30/2004 6:23:50 PM PDT by LeftyStomper
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To: VeniVidiVici
"John Kerry - At least he wasn't gay."

That saying will be seen on a bumpersticker after Kerry loses in November.

36 posted on 07/30/2004 6:23:59 PM PDT by LeftyStomper
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To: Land_of_Lincoln_John; PhilDragoo; Ragtime Cowgirl; Cindy; SusanTK; AdmSmith; Valin; ...

37 posted on 07/30/2004 7:27:58 PM PDT by Smartass ( BUSH & CHENEY IN 2004 - Si vis pacem, para bellum - Por el dedo de Dios se escribió.)
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To: Smartass

They are truly awful.


38 posted on 07/30/2004 7:31:28 PM PDT by onyx (The FRENCH capitulate. Are you FRENCH or GOP? BUSH/CHENEY '04.)
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To: onyx
They are truly awful...grown married men!
39 posted on 07/30/2004 7:37:43 PM PDT by Smartass ( BUSH & CHENEY IN 2004 - Si vis pacem, para bellum - Por el dedo de Dios se escribió.)
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To: r9etb

BCCI: The biggest story never covered by the press.
An awful lot of interesting BCCI business took place in Arkansas.
The press won't cover this story this time around either.


40 posted on 07/30/2004 8:05:51 PM PDT by ntnychik
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