2007
First Published
3.53
Average Rating
264
Number of Pages
During the late Seventies and Eighties a new logo began to jostle for space with the more traditional landmarks on high streets throughout Britain. It was the badge of a remarkable Third World Bank...the BCCI (Bank of Credit and Commerce International). BCCI soon become a global corporate empire with former US Presidents, ex-British Prime Ministers and a range of dictators on its payroll, all helping with promoting the company. Tariq Ali was the first public voice to warn that the Bank was not all it seemed to be. Indeed, many of its own employees called BCCI the "Bank of Crooks and Cheats Incorporated". Some political analysts also predicted the company´s collapse. The Bank finally imploded amidst a welter of scandal. This revealing screenplay presents an account of the rise and fall of the Bank of Credit and Commerce International. Here, Ali reveals how BCCI lasted so long, how financial regulators failed to see what was going on and how BCCI pioneered a mode of operation that prepared the way for an even greater financial cataclysm, the fall of Enron.
Avg Rating
3.53
Number of Ratings
34
5 STARS
12%
4 STARS
41%
3 STARS
38%
2 STARS
6%
1 STARS
3%
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Author
Tariq Ali
Author · 34 books
Tariq Ali (Punjabi, Urdu: طارق علی) is a British-Pakistani historian, novelist, filmmaker, political campaigner, and commentator. He is a member of the editorial committee of the New Left Review and Sin Permiso, and regularly contributes to The Guardian, CounterPunch, and the London Review of Books. He is the author of several books, including Can Pakistan Survive? The Death of a State (1991), Pirates Of The Caribbean: Axis Of Hope (2006), Conversations with Edward Said (2005), Bush in Babylon (2003), and Clash of Fundamentalisms: Crusades, Jihads and Modernity (2002), A Banker for All Seasons (2007) and the recently published The Duel (2008).
