THE BUSINESS ENTERPRISE DEVELOPMENT CORPORATION
An Affiliate of the National Black Leadership Roundtable
1112 16th Street, N.W. – Suite 540
Washington, D.C. 20036
Telephone: (202) 269 5337 begin_of_the_skype_highlighting (202) 269 5337 end_of_the_skype_highlighting Fax: (202) 275 0377
Theodore A. Adams, III The Honorable Walter E. Fauntroy Frank Francois, III
President Board Chairman and CEO Secretary
November 9, 2010
The Honorable Barak Obama
The White House
1600 Pennsylvania Avenue, N.W.
Washington, D.C. 20500
Dear Mr. President:
It is with considerable regret that I find myself communicating
on record to a Public Official with whom I once had so much hope for
Integrity in Office.
I have personally written letters to you by registered mail and through
Joshua Dubois on June 14, 2010; July 9, 2010 and on July 30, 2010.
None of my letters advising you of the corruption and bribery of
senior public Officials, past and present, have been accorded the
respect of a reply or action.
Numerous other parties have also addressed with you, in writing,
details of transgressions and RICO level actions involving elected
Officials and Bankers. None have been given the courtesy of a response
for very serious cases. Ignoring them has simply incited parties to
address a collective marshaled campaign.
You have also been advised previously by my letters of the
corruption dealing with Mr. Falcone Settlement monies and others.
Enclosed is a letter describing future corruption by senior officials
tampering with bank records, theft, fraud, bribery and conspiracy.
This attached corruption report by Mr. Falcone is currently being
shared with certain Congressional members. And these members are
seeking to have a Congressional panel set up to investigate corruption
by government officials that you have allowed to take place in your
Mr. President, as you are aware, if you are allowing these types
of corruption in your administration and if you’re not taking action;
these are grounds for impeachment.
I pray for you to make the right decision.
Walter E. Fauntroy
Member of Congress
Mr. Falcone reports that in early September, former President,
George Bush Sr. orchestrated a government plane equipped with six (6) of
his key people to go to Germany, the Caribbean, Spain and on to Hong
Kong. They traveled from Hong Kong back to the US approximately October
During this government paid and sponsored trip, they modified and
changed records and bank books of George Bush Sr. in Germany and the
Caribbean for his payoffs he’s received by utilizing Falcone’s money
over the years. These allegations have been reported to the FBI and
other agencies by Mr. Falcone over two years ago and to this date,
there’s been no action taken.
Over a year and half ago, Joe Biden began looking into helping
Mr. Falcone in getting his settlement funds released. Then, he was
approached by Hilary Clinton to discontinue his support and to help
block the release of Mr. Falcone’s settlement funds. Vice President, Joe
Biden agreed in lieu of a large payoff of over 200 million dollars he’s
received over the last year and a half.
Subsequently, Joe Biden became aware that Mr. Falcone had become
knowledgeable of his payments held in a German bank. Therefore, under
the direction of George Bush Sr., the traveling team modified the
records of Joe Biden’s German account. They sent out approximately 200
million dollars out of the German bank to a bank in Spain and Hong Kong.
At this time, all particulars including account information will
be shared with the Congressional members. These banks and accounts will
be constantly monitored until this is dealt with in Congressional
**** To the Powers that be: Corruption Activities – 11/14/2010
Mr. Falcone reported earlier that former President, George Bush
Sr. orchestrated several government sponsored planes equipped with key
people to modify and change various bank accounts and records in various
countries. Commerce Bank in Frankfurt Germany is one bank in particular
where they modified incoming and outgoing money wires of various
account holders on Bush Sr.’s orders.
The funds in question in named accounts were derived from an
offspring of stolen funds of Mr. Falcone and are separate and apart from
Mr. Falcone’s other Government Settlement Fund account. George Bush Sr.
in partnership with Michael Herzog and his partner, Paul Guenette, gave
clearance to Herzog to steal Mr. Falcone’s original principal funds to
syndicate and set up a separate trading fund fronted by Mitt Romney. The
profits from trading activities were used for themselves without Mr.
Falcone’s approval or participation. At one point, Herzog wanted to
return Mr. Falcone’s funds and Bush Sr. said no.
Herzog advanced the proceeds from trading utilizing Mr. Falcone’s
stolen funds to accounts of George Bush Sr., George W. Bush, Mitt
Romney and others. Mitt Romney has received over a billion dollars from
Mr. Falcone’s stolen funds.
Mr. Falcone has filed complaints with the FBI, Homeland Security
and Federal Reserve Board regarding his stolen funds and the corruption
involved. The files are still open and have never been addressed,
resolved or settled. To date, President Obama with full knowledge of Mr.
Falcone’s stolen funds and the corruption involving his Administration
has not taken any action whatsoever.
Denis Blair, WH former member of the President’s Security Council
was very aware of the facts and corruption involving Mr. Falcone’s
Settlement Funds. Mr. Blair went to President Obama and Rahm, WH COS,
and told them they needed to satisfy and clear the Falcone matter. Blair
and Rahm had a major run in because it was discovered that Rahm had
also received proceeds from Mr. Falcone’s stolen funds.
One of the reasons Dennis Blair stepped down was he felt there
was too much corruption in Obama’s Administration and he couldn’t take
it any longer. After Blair stepped down, Obama later said, Blair didn’t
step down, he fired him in an effort to cover the truth.
When Obama took over as President, Mr. Falcone and other
Government Settlements were about to be settled. Instead of concluding
the settlements, Obama’s Administration, with full knowledge of Obama,
took advantage of the main player, Bush Sr. and stole money from the
Settlement Fund’s for personal use. The money that Geithner stole is
small in comparison to Romney’s stolen billion.
George Bush Sr. will do everything to cover up not only his
tracks and his role in the stolen Falcone Funds, he also wants to cover
up the fact that Mitt Romney is involved in fronting for known criminals
like Michael Herzog and his partner, Paul Guenette. Romney and Bush Sr.
are extremely close. Bush Sr. is trying to clear the road so that
Romney can become the next Presidential candidate.
Because Mitt Romney couldn’t clear the scrutiny of his financial
records and the source of over a billion dollars deposited in his
offshore bank account, he was not vetted as a Vice Presidential
candidate for John McCain. Romney has not declared these funds nor has
he paid any personal taxes on them.
If Romney is really considering running for President in the
future, there will be no way he’s going to get pass clearance. No matter
how many records George Bush Sr. and others may change, information
regarding his stolen Falcone funds will be splashed all over the world.
He will not get on first base!
Every detail of all activities including named banks, accounts,
dates and complicit parties involved in this corruption will be shared
with Congressional members. A Congressional Panel will be interviewing
past and present Administration because evidence will warrant their
To the Powers that be: Corruption Activities – 11/17/2010
Mr. Falcone sources revealed that when former President, George
Bush Sr. orchestrated the government sponsored Team that flew to Germany
in September; they met with Bush Sr.’s criminal associate, Michael
Herzog. During the meeting, Bush Sr.’s Team told Herzog that he and his
partner, Paul Guenette can’t discuss or ever confirm their association
with the Bush(s) and Mitt Romney.
Michael Herzog told Bush Sr.’s Team, “It was Bush Sr. and
Romney’s decision not to settle and pay Falcone, why are you telling me
to settle now? Tell Bush Sr., if he tries to make me reimburse Falcone
now, I will expose all Bush(s) and Romney’s offshore accounts in
billions in offshore accounts including links, source records and
earnings we’ve ever earned together.”
Mr. Falcone believes that Herzog’s threat and blackmail caused
Bush Sr. to order his Team to move and change bank accounts in other
countries to protect him and Romney from Falcone, Herzog and associates
to try to protect their stolen funds.
President Obama was informed about the Falcone matter and the
need to settle by Mr. Falcone’s sources and directly by Dennis Blair,
former lead member of Obama’s Security Council who stepped down this
past summer. So many records, similar high value cases of grand scale of
fraud and supporting evidence, have been provided to the President. The
President’s full knowledge of the Falcone matter and other similar
cases are considered a dereliction of duty and fiduciary care of the
office he holds. To this date, President Obama has failed to respond to
other parties or to take any action regarding the Falcone’s settlement.
But, Obama Administration managed to immediately step in to help
settle the Clintons, who Herzog had also stolen funds from. Funds the
Clintons will be obligated to explain to Congress under Oath. Michael
Herzog and partner, Paul Guenette stole substantial money from the
Clinton’s trading activities and Government Agencies immediately brought
Herzog and Guenette to Washington, DC for a hearing that’s not on
public record but, held in a field file. They made Herzog and Guenette
reimburse all of the Clinton’s money in a Private Recovery deal with the
There is a growing case of Fraud, Bribery, Corruption, Theft
misuse of Agency powers and failure of the FBI and other Government
Agencies to investigate and arrest the parties involved with the theft
of Mr. Falcone’s settlement funds and with many others. Cover ups are
about to be exposed.
Mr. Falcone is currently interviewing prominent criminal
attorneys to take action against the US Government, the Bush(s) and Mitt
Romney personally for corruptly blocking investigations Mr. Falcone
filed with the FBI, Homeland Security and Federal Reserve Board and for
their constant interfering and derailing of the return of Mr. Falcone’s
A key question will be, “Why are the Bush(s) and Romney
associated with known criminals like Michael Herzog and Paul Guenette?” A
full Public audit of all accrued income will be demanded.
In addition to legal actions being taken by Mr. Falcone, more
Congressional members are being enlisted and given all particulars
including incriminating account information. Momentum is growing towards
Congressional hearings regarding (1) Falcone’s Government Settlement
Funds implicating Joe Biden, Hilary Clinton, Rahm and Geithner, (2)
Falcone’s funds Bush Sr. had Herzog and Guenette steal for a trading
fronted by Romney for their own pockets.
Government planes, current and ex Agency staff have been used for
this shabby exercise. Attempts to erase Bank Accounts to conceal their
fraud and corruption has failed as incriminating records and far worse,
is held ready for a Congressional investigation.
These full records are now in multi Global parties’ safekeeping.
Key, trustworthy and responsible newspapers will be availed full access
to investigate and expose the scale of corruption and racketeering of ex
Presidents, Vice President and other Government officials.
This information is now with numerous key EU Agencies, newspapers and Chinese Banks and Officials.
Sr. European Ministers are being advised of the scale of corruption and criminality of named parties.
A number of key independent media Agencies such as Wiki Leaks
will explode this globally, naming and shaming the criminal parties
enabling the American electorate to judge and act. This is heading for a
Nuremberg scale of trial.
To the Powers that be: Latest Update on the Falcone Account Betrayal- 11/22/2010
Mr. Falcone reports that once again, Bush Sr sent out a Team to
change Biden’s accounts in Hong Kong. They changed banks and the names
on Biden’s accounts. Each team member’s names are known with full
details of their travel itinerary.
When President Obama was in India, he received formal
notification of Joe Biden’s clandestine involvement with Bush Sr., who
was the party behind stealing Falcone’s funds, and with whom Bush Sr
cross utilized Clinton to bribe Biden, to assist and deny Falcone
recovery of his funds.
Mr. Falcone’s sources report that Obama confronted Joe Biden
about the money he received corruptly from the stolen Falcone settlement
and about his other account at Bank Santander, Spain. Obama advised
Biden that in addition to his account in Hong Kong, his Santander
account had been discovered and to move it immediately which Biden took
care of electronically.
Because the President knew about this corruption, but took no
action to rectify it and uphold the law, instead freely choosing to help
Biden attempt to conceal the truth, he’s as culpable as the other
criminals. He also knows of other similar activities and has taken no
action which is considered a dereliction of duty and fiduciary care of
the office he holds.
Bush Sr knows that Falcone and the authorities are carefully
monitoring his and Biden’s accounts in particular. That’s why the Bush
team did not dare go back to Spain or the Caribbean during this last
What this criminal team of Spooks and Agents fail to grasp, is
that every move is known and recorded. Also known, during Bush Sr’s Team
previous trip, is that he had his money moved from St. Barts and
relocated it to other Caribbean Island Banks.
Intelligence reports states that Bush Sr. team is expected to be back in the States this week.
These parties are not going to steal assets from Ed Falcone, an
American citizen, and get away with it. A catalogue of evidence has been
collated encompassing RICO, Fraud, Bribery, Corruption, Money
Laundering, Theft, misuse of Agency powers and the systematic failure
and collusion of the FBI and other Government Agencies to investigate
and arrest the parties involved with the theft of Mr. Falcone’s
Mr. Falcone has been interviewing high level Criminal Attorneys
to add to his legal team, who will be filing personal criminal charges
against Bush(s), Mitt Romney, Michael Herzog, Paul Guenette , Joseph
Ackermann, Alan Greenspan and others.
In conjunction with anticipated Congressional hearings, criminal
charges will also be filed against all of Bush Sr’s Team who changed and
modified bank records to help cover up Falcone’s stolen funds.
The scale, dynamic and Global economic implications of this
sordid affair are of such significance it is now being tracked by
multiple Enforcement Agencies, media sources and key Intel Agencies.
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