CIA Targets Education Forum, Conspiracy Section.

[Linda Minor]

In December, 1968, Shackley became Chief of Station in Vietnam and took over Phung Hoang (Operation Phoenix). In his autobiography, Shackley denied he was the “godfather of Phung Hoang”. In fact, Shackley claims he did not approve of this program that involved the killing of non-combatant Vietnamese civilians suspected of collaborating with the National Liberation Front. However, according to Shackley, the Director of the CIA, Richard Helms, insisted that “we are not free agents” and that the CIA rather than the United States Army had to run Operation Phoenix. (40) Other members of Operation 40 in Vietnam at this time included Thomas Clines, David Morales, Rip Robertson and Félix Rodríguez. Two other members of the “Secret Team” in Vietnam with Shackley were John Singlaub and Richard Secord.

Since I believe we have to "follow the money" backwards, what do we know about Richard McGarrah Helms? Why not start with his grandfather, Gates McGarrah.

http://jaxrevenge.blogspot.com/2007/12/g...er-to.html

Gates W. McGarrah resigned as chairman of the Federal Reserve Bank of New York to become the first Chairman of the Bank of International Settlements. His grandson was none other than Richard McGarrah Helms, CIA Deputy Director of Plans at the time of the JFK Assassination. JFK was a staunch opponent of the Federal Reserve Bank. Fancy that....Gates W. McGarrah, president of the B. I. S. (Bank for International Settlements) at Basle, Switzerland, which has replaced the defunct office for reparation payments in Berlin (TIME, Sept. 23, et seq.). Switzerland has worked wonders with Tycoon McGarrah. When he reluctantly resigned as board chairman of the Federal Reserve Bank of New York to go abroad and try to make the Young Plan work, no clam was closer, no Scotsman more cautious, dour. There was danger then lest reporters trap Mr. McGarrah into what could be construed as an admission that the B. I. S. might become "The World Bank," the omnivorous big brother, the dread competitor of the central banks of the world's nations.

http://jaxrevenge.blogspot.com/2007/12/r...ction.html
The grandfather of former Central Intelligence Agency Director Richard McGarrah Helms, an international financier named Gates White McGarrah, "was a member of the board of directors of the Astor Foundation which owned Newsweek prior to its sale to the Washington Post Company in 1961, according to Katharine The Great by Deborah Davis. The same book also revealed that in 1961 Bradlee "is said to have heard from his friend Richard Helms, who heard it from his grandfather that Newsweek would be put up for sale." Bradlee then obtained a check from the Washington Post Company head at the time, Philip Graham, for $1 million, to give to former CIA Director Helms' grandfather as a downpayment for the purchase of Newsweek.

McGarrah died in 1940, one year after the OSS was created by FDR to gather intelligence about the war in Europe. If you look at the men who were recruited, you have to assume the purpose of the intelligence was to protect American investors (bankers) who had bought assets in or made loans to Europe.

November 5, 1940
New York—(AP)—Gates W. McGarrah, 77, one of the country's leading bankers for more than 30 years, died today in Doctors hospital after a short illness. Known at the age of 28 as the youngest bank president in the United States, he served subsequently as chairman of the Federal Rescue Bank here and as president of the Bank for International Settlement, Basel, Switzerland,
until 1933. He was stricken Thursday at his offices. Gates White McGarrah rose rapidly from a clerkship in a small financial conditions in the various
countries.
Early in 1933, McGarrah tendered his resignation to become effective in May at the end of the bank's fiscal year. The directors asked him to retain his post until the end of the world economic conference in London and, a month
later at the directors' meeting, vainly sought a withdrawal of the resignation.
McGarrah pleaded his advanced years and said he felt out of place in a foreign country. He insisted on resigning and Leon Fraser, vice president of the bank and also an American, was elected to succeed him.