AIG wading through offshore moneylaundering waters and intelligence sharks

Featuring the brilliant investigative journalist Lucy Komisar, this program highlights the use of "Offshore" entities to evade taxes, maximize corporate profits and finance a variety of criminal enterprises. Much of the first side of the program consists of analysis and discussion of insurance giant AIG and its prolific use of "offshore" scams. In addition to presenting AIG's pioneering devlopment of "captive" reinsurance companies to launder profits and evade taxes, the program highlights AIG's use of Coral Reinsurance for a variety of illegal gambits. It should be noted that AIG's illegal operations have been aided by a number of powerful and influential people. Much of the second side of the program consists of review of the pivotally important Clearstream network, and its use by intelligence agencies, corporations, criminal syndicates and terrorist organizations.

Program Highlights Include: A working definition of "Offshore;" the links of AIG to the intelligence community; assistance given to AIG's scams by luminaries such as Henry Kissinger and former Secretary of the Treasury Richard Rubin; Clearstream's use of unregistered accounts; the role of the Clearstream network in the Banco Ambrosiano, October Surprise and BCCI scandals; the role of the Clearstream network in the financing of Al Qaeda and 9/11; the role of the Clearstream network in the machinations of the Russian criminal networks of Mikhail Khordokovsky; discussion of the "Bermuda Inversion" gambit; discussion of "Transfer Pricing;" discussion of an organization formed by Lucy Komisar that is working to eliminate corporate tax evasion through the use of "offshore."

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