The stock market dropped 24 points in 27 minutes when news of President Kennedy's assassination was announced. 2.6 million shares were sold off. It was the greatest panic since 1929. Somebody made a huge profit selling short in many markets. Somebody made half a billion dollars in one day. Coincidentally, the Allied Crude Vegetable Oil Refining Corporation, headed by New Jersey commodities dealer Anthony De Angeles, crashed the same day, driving the market down. Allied Crude was controlled by U.S. American Bunge Corporation and financially controlled by a group of share-holders headquartered in Argentina, known as "Bunge and Born, LDA."
www.maebrussell.com...
Bunge was deeply connected to the Nazis, particularly the Nazi plot to forge British money and flood the country with it, collapsing their markets.
At some point, the underlying mission of Action 1 changed. Himmler and Lt. Grobel, head of Bureau VI, became greedy. They envisioned laundering the notes on a large scale and skimming the profits for their personal benefit. To accomplish the widespread distribution, Friedrich Schwend was brought into the operation. In the 1920s, Schwend was an arms dealer. He married the niece of the Minister of Exterior, Baron von Neurath. Through his wife’s family connections he managed to be appointed as the personal administrator of the extremely wealthy Bunge family. This is the same Bunge family connected with the John F Kennedy assassination that made a small fortune by shorting the market the day Kennedy was murdered. In the 1930s, Schwend was working from New York managing the investments of Bunge & Born.
Schwend was brought into Bureau IV as paymaster of the money-laundering end of the scheme. At this point he was given a false identification as Major Wendig, a legal officer of the Gestapo and a member of the tank corps. In September 1943, Schwend started setting up his network and requested Colonel Josef Spacil to maintain the bookkeeping aspects of the operation. The same Colonel Spacil that was involved in funding Skorzeny as reported earlier in this chapter. Operation Bernhard is limited to this scheme of private enrichment. Schwend was skimming a third of the counterfeit notes for this group.
pdp-8.org...
A little extra info on this plot:
www.lawrencemalkin.com...
Time magazine mentions Bunge in an interesting article:
In a neo-Tudor office building in Buenos Aires, a clattering telex last week typed out more than 1,000 messages a day from the four corners of the world. There was news of jute prices in Calcutta, of harvest prospects in Illinois, and of grain shipments from Australia. All these reports had the same addressee: Bunge & Born Ltd., a firm so powerful that Argentines call it "El Pulpo"—the Octopus.
www.time.com...
"The Octopus" is precisely what murdered journalist Danny Casolaro called the vast network of rogue CIA men and criminals that we are discussing here. Here is a description of Casolaro's "Octopus":
Danny Casolaro believed the Octopus responsible for criminal conspiracies which, linked, formed a virtual history of intelligence double dealing from 1950 to the present. These events, in Casolaro's view, included the ousters of US President Richard Nixon, Australian Prime Minister Gough Whitlam, the Shah of Iran, and the murders of Chilean President Allende, and, of course, of President John F. Kennedy. Casolaro saw the Octopus' tentacles entwined throughout the creation of the Golden Triangle and Latin America drug trade, the Cuban Bay of Pigs debacle, the October Surprise, the BCCI banking scandal, and, almost as an afterthought, the theft of the PROMIS software. Casolaro found a "Secret Team," a high cabal of players operating a clandestine, parallel government, identified previously by other writers. The cabal had operated beyond the control or scrutiny of the elected government, financed by drug- running from Southeast Asia and the Americas... Casolaro believed the crimes could best be identified by linking them to a small network of named individuals that made up his Octopus. He outlined their hierarchy and provided specific detail about their behind-the-scenes role in contemporary political history.
Casolaro named people both familiar and unfamiliar to other researchers. He deemed the "first level" operatives to be Richard Helms, George Pender, John Philip Nichols, and Ray Cline. The second level included Robert Chasen, E. Howard Hunt, Edwin Wilson, Thomas Clines, and Ted Shackley Working backward from the PROMIS theft, Casolaro saw them in a new relationship, a nearly organic entity that impacted on both past and then current events..."