THE Vampires on
Sightings from The Catbird Seat
~ o ~
From sheep to science -
by Nathalie Parkvall, editor, HPU Student Newspaper
Before 1930, Bishop Estate-owned Coconut Island, or Moku O Lo ‘e, was a 12-acre
island used as a base for local shepherds and fishermen. Little did anyone know that
the island would gain national notoriety by being featured in the opening credits of the
popular ‘60s TV show Gilligan’s Island, and few could foresee the many changes that
would make the island a rather special place today.
Over the decades, the Kaneohe Bay-located island was transformed many times. It
was as a location for a tuna-packing factory, it became a rich man’s private paradise
with a bowling alley and a small zoo, and today it is the Hawai’i Institute of Marine
Biology’s research center (HIMB) owned by University of Hawai‘i....
Coconut Island, named after its many coconut palm trees, has a long history of many
different owners. In the 1930s, Christian Holmes, owner of Hawaiian Tuna Packers
(now Coral Tuna), and heir to the Fleischmann yeast fortune, bought the island from
Bishop Estate to use as a tuna-packing factory. As he wasn’t satisfied with the size of
the island, he decided to enlarge it to 28 acres, more than double its original size, using
material taken from a sandbar in Kaneohe Bay.
Holmes had a vision of creating a private paradise, so while working on increasing the
size of the island he also enhanced it by building a saltwater swimming pool and
fishponds (which later became useful for HIMB) and adding numerous exotic plants and
trees. He also built a bowling alley, brought a shooting gallery from an amusement park
in San Francisco, and built bars at several spots on the island. He also made a bar with
a movie theater out of a 4-masted schooner, Seth Parker, which he couldn’t sail
anymore since it leaked. This boat was later featured in the movie Wake of the Red
Witch starring John Wayne.
Holmes wasn’t satisfied with his paradise until it also housed a small zoo, including
such animals as donkeys, monkeys, a giraffe, and a baby elephant, which were later
donated to the Honolulu Zoo when Holmes died in 1944. After his death, the Kaneohe
Marine Corps Air Station (now Kaneohe Marine Corps Base Hawai‘i) used the island as
a rest and recuperation post for its officers until five wealthy oil men purchased the
island in 1947.
Eventually one of the men, Edwin Pauley, became the sole owner and utilized the
island as a summer residence for his family, entertaining many famous people,
including Harry Truman, Lyndon B. Johnson, Red Skelton, Richard Nixon, and
In 1951, Pauley invited scientists from UH-Manoa to establish a marine lab on a part of
the island. He leased the land “rent-free” to help establish the Hawai‘i Marine Lab,
which moved into the barracks previously built by the Marine Corps. In 1961, a fire
destroyed the marine lab, but with help of a $300,000 donation from Pauley, a new lab
was built, which became the Hawaii Institute of Marine Biology in 1965.
After Pauley’s death in 1981, the estate was put up for sale. After 17 months with no
buyer, a proposal was made for the state to buy the island. However, the negotiations
took several years and before the state made up its mind, Katsuhiro Kawaguchi, a
Japanese real estate developer, made an offer of $8.5 million for the private part of the
island and bought it in 1987.
In 1992, Kawaguchi was deported due to criminal activities and forced to sell the
The Pauley family bought the island back for $2 million and donated it to UH. In
addition, the Pauley Foundation and Trustees granted $7.6 million to the university
for constructing a new marine lab to be named the Pauley-Pagen Laboratory. The
new laboratory opened in 1998 with 17,000 square-foot-building, housing laboratories,
classrooms, and a library.
The new laboratory specializes in two tropical marine biology areas——biodiversity and
biotechnology. With the expanded marine research facilities, the future looks bright for
HIMB and Coconut Island.
© 2001, Kalamalama, the HPU Student Newspaper. All rights reserved.
* * * * *
IMAGES OF GOD’S BEAUTIFUL COCONUT
* * * * *
Edwin Pauley - Wealthy oil man who purchased Coconut Island in Hawaii. Pauley died
in 1981, but his tax-exempt foundation lives on.
From G o o g l e's cache of http://ciajfk.com/zero.html , by Bruce Campbell Adamson:
On Tuesday September 11, 2001, I, Bruce Adamson, sent the following to
Congressman Sam Farr:
“Adnan Khashoggi was a frequent visitor to Edwin Pauley's island in Hawaii,
Coconut Island. Pauley had a direct line to the White House and CIA agents living on
the island. Pauley was chairman of the Democratic Party in the early 1960s.
“Pauley had a direct line to the White House and was listed four times in 1954-55 in
George de Mohrenschildt's phonebook.
“Pauley ran Permargo Oil in 1960 which was a CIA front with George H.W. Bush for
the CIA's Bay of Pigs invasion, CIA code name "Operation Zapata."
“Mohamed Al Fayed had the power of attorney to the Sultan of Brunei, one of the
richest men in the world.
“All of these men, including George H.W. Bush had contacts to many sources in the
Arab world. In 1953 both Bush Sr. and Fayed were working with Singer Sewing
Machine company and both were in business with George de Mohrenschildt, Fayed
in 1964, Bush in the 1950s.
“Both Fayed and Bush have ties to the Central Intelligence Agency and to British
“Bush Sr. had worked with Hussain and O. Bin Ladin who were trained by the CIA.”
Bruce Campbell Adamson
~ ~ ~
NAZIS IN THE ATTIC
By Randy Davis
GEORGE HERBERT WALKER BUSH
...Like Nixon, George Bush was deeply involved with supporting the Nazis in the
Republican's closet. In fact, support for the Nazis was a Bush family tradition which
goes back more than six decades and, once again, to Allen Dulles.
Loftus and Aarons write: "The real story of George Bush starts well before he launched
his own career. It goes back to the 1920s, when the Dulles brothers and the other
pirates of Wall Street were making their deals with the Nazis. . . ."
THE BUSH-DULLES-NAZI CONNECTION
"George Bush's problems were inherited from his namesake and maternal grandfather,
George Herbert 'Bert' Walker, a native of St. Louis, who founded the banking and
investment firm of G. H. Walker and Company in 1900. Later the company shifted from
St. Louis to the prestigious address of 1 Wall Street. . . .
"Walker was one of Hitler's most powerful financial supporters in the United States. The
relationship went all the way back to 1924, when Fritz Thyssen, the German
industrialist, was financing Hitler's infant Nazi party. As mentioned in earlier chapters,
there were American contributors as well.
"Some Americans were just bigots and made their connections to Germany through
Allen Dulles's firm of Sullivan and Cromwell because they supported Fascism. The
Dulles brothers, who were in it for profit more than ideology, arranged American
investments in Nazi Germany in the 1930s to ensure that their clients did well out of the
German economic recovery. . . .
"Sullivan & Cromwell was not the only firm engaged in funding Germany. According to
'The Splendid Blond Beast,' Christopher Simpson's seminal history of the politics of
genocide and profit, Brown Brothers, Harriman was another bank that specialized in
investments in Germany. The key figure was Averill Harriman, a dominating figure in
the American establishment. . . .
"The firm originally was known as W. A. Harriman & Company. The link between
Harriman & Company's American investors and Thyssen started in the 1920s, through
the Union Banking Corporation, which began trading in 1924. In just one three-year
period, the Harriman firm sold more than $50 million of German bonds to American
investors. 'Bert' Walker was Union Banking's president, and the firm was located in the
offices of Averill Harriman's company at 39 Broadway in New York.
"In 1926 Bert Walker did a favor for his new son-in-law, Prescott Bush. It was the sort of
favor families do to help their children make a start in life, but Prescott came to regret it
bitterly. Walker made Prescott vice president of W. A. Harriman. The problem was that
Walker's specialty was companies that traded with Germany. As Thyssen and the other
German industrialists consolidated Hitler's political power in the 1930s, an American
financial connection was needed. According to our sources, Union Banking became an
out-and-out Nazi money-laundering machine. . . .
"In , Harriman & Company merged with a British-American investment company
to become Brown Brothers, Harriman. Prescott Bush became one of the senior
partners of the new company, which relocated to 59 Broadway, while Union Banking
remained at 39 Broadway. But in 1934 Walker arranged to put his son-in-law on the
board of directors of Union Banking.
"Walker also set up a deal to take over the North American operations of the Hamburg-Amerika Line, a cover for I.G. Farben's Nazi espionage unit in the United States.
The shipping line smuggled in German agents, propaganda, and money for bribing
American politicians to see things Hitler's way. The holding company was Walker's
American Shipping & Commerce, which shared the offices at 39 Broadway with
Union Banking. In an elaborate corporate paper trail, Harriman's stock in American
Shipping & Commerce was controlled by yet another holding company, the Harriman
Fifteen Corporation, run out of Walker's office. The directors of this company were
Averill Harriman, Bert Walker, and Prescott Bush. . . .
". . . In a November 1935 article in Common Sense, retired marine general Smedley D.
Butler blamed Brown Brothers, Harriman for having the U.S. marines act like
'racketeers' and 'gangsters' in order to exploit financially the peasants of Nicaragua. . . .
". . . A 1934 congressional investigation alleged that Walker's 'Hamburg-Amerika Line
subsidized a wide range of pro-Nazi propaganda efforts both in Germany and the
United States.' Walker did not know it, but one of his American employees, Dan
Harkins, had blown the whistle on the spy apparatus to Congress. Harkins, one of our
best sources, became Roosevelt's first double agent . . . [and] kept up the pretense of
being an ardent Nazi sympathizer, while reporting to Naval Intelligence on the shipping
company's deals with Nazi intelligence.
"Instead of divesting the Nazi money," continue the authors, "Bush hired a lawyer to
hide the assets. The lawyer he hired had considerable expertise in such underhanded
schemes. It was Allen Dulles. According to Dulles's client list at Sullivan & Cromwell,
his first relationship with Brown Brothers, Harriman was on June 18, 1936. In January
1937 Dulles listed his work for the firm as 'Disposal of Stan [Standard Oil] Investing
"As discussed in Chapter 3, Standard Oil of New Jersey had completed a major stock
transaction with Dulles's Nazi client, I.G. Farben. By the end of January 1937 Dulles
had merged all his cloaking activities into one client account: 'Brown Brothers Harriman-Schroeder Rock.' Schroeder, of course, was the Nazi bank on whose board Dulles sat.
The 'Rock' were the Rockefellers of Standard Oil, who were already coming under
scrutiny for their Nazi deals. By May 1939 Dulles handled another problem for Brown
Brothers, Harriman, their 'Securities Custodian Accounts.'
"If Dulles was trying to conceal how many Nazi holding companies Brown Brothers,
Harriman was connected with, he did not do a very good job. Shortly after Pearl Harbor,
word leaked from Washington that affiliates of Prescott Bush's company were under
investigation for aiding the Nazis in time of war. . . .
". . . The government investigation against Prescott Bush continued. Just before the
storm broke, his son, George, abandoned his plans to enter Yale and enlisted in the
U.S. Army. It was, say our sources among the former intelligence officers, a valiant
attempt by an eighteen-year-old boy to save the family's honor.
"Young George was in flight school in October 1942, when the U.S. government
charged his father with running Nazi front groups in the United States. Under the
Trading with the Enemy Act, all the shares of the Union Banking Corporation were
seized, including those held by Prescott Bush as being in effect held for enemy
nationals. Union Banking, of course, was an affiliate of Brown Brothers, Harriman, and
Bush handled the Harrimans' investments as well.
"Once the government had its hands on Bush's books, the whole story of the intricate
web of Nazi front corporations began to unravel. A few days later two of Union
Banking's subsidiaries -- the Holland American Trading Corporation and the Seamless
Steel Equipment Corporation -- also were seized. Then the government went after the
Harriman Fifteen Holding Company, which Bush shared with his father- in-law, Bert
Walker, the Hamburg-Amerika Line, and the Silesian- American Corporation. The U.S.
government found that huge sections of Prescott Bush's empire had been operated on
behalf of Nazi Germany and had greatly assisted the German war effort." (1)
"Try as he did," continue the authors, "George Bush could not get away from Dulles's
crooked corporate network, which his grandfather and father had joined in the 1920s.
Wherever he turned, George found that the influence of the Dulles brothers was
already there. Even when he fled to Texas to become a successful businessman on his
own, he ran into the pirates of Wall Street.
"One of Allen Dulles's secret spies inside the Democratic party later became George
Bush's partner in the Mexican oil business. Edwin Pauley, a California oil man, was
. . . one of Dulles's covert agents in the Roosevelt and Truman administrations . . .
a 'big business' Democrat. . . .
Among the key posts held by Pauley were: treasurer of the Democratic National
Committee, director of the Democratic convention in 1944 and, after Truman's election,
Truman appointed him the "Petroleum Coordinator of Lend-Lease Supplies for the
Soviet Union and Britain."
Just after the end of World War II, "in April 1945 Truman appointed Pauley as the U.S.
representative to the Allied Reparations Committee, with the rank of ambassador," as
well as "industrial and commercial advisor to the Potsdam Conference, 'where his chief
task was to renegotiate the reparations agreements formulated at Yalta.' As one
historian noted, the 'oil industry has always watched reparations activities carefully.'
There was a lot of money involved, and much of it belonged to the Dulles brothers'
At the same time, report Loftus and Aarons, "the Dulles brothers were still shifting Nazi
assets out of Europe for their clients as well as for their own profit. They didn't want the
Soviets to get their hands on these assets or even know that they existed. Pauley
played a significant role in solving this problem for the Dulles brothers. The major part
of Nazi Germany's industrial assets was located in the zones occupied by the West's
forces. As Washington's man on the ground, Pauley managed to deceive the Soviets
for long enough to allow Allen Dulles to spirit much of the remaining Nazi assets out to
safety. . . .
"Pauley, a key player in the plan to hide the Dulles brothers' Nazi assets, then moved
into another post where he could help them further. After successfully keeping German
assets in Fascist hands, Pauley was given the job of 'surveying Japan's assets and
determining the amount of its war debt.' Again, it was another job that was crucial to the
Dulles clique's secret financial and intelligence operations." (2)
After Pauley retired from government work he went back to being an independent oil
man. Loftus and Aarons state that: "In 1958 he founded Pauley Petroleum which: . . .
teamed up with Howard Hughes to expand oil production in the Gulf of Mexico.
"Pauley Petroleum discovered a highly productive offshore petroleum reserve and in
1959 became involved in a dispute with the Mexican Government, which considered the
royalties from the wells to be too low.
"According to our sources in the intelligence community, the oil dispute was really a
shakedown of the CIA by Mexican politicians. Hughes and Pauley were working for
the CIA from time to time, while advancing their own financial interests in the lucrative
Mexican oil fields. Pauley, say several of our sources, was the man who invented an
intelligence money-laundering system in Mexico, which was later refined in the 1970s
as part of Nixon's Watergate scandal. At one point CIA agents used Pemex, the
Mexican government's oil monopoly, as a business cover at the same time Pemex was
being used as a money laundry for Pauley's campaign contributions. As we shall see,
the Mexican-CIA connection played an important part in the development of
George Bush's political and intelligence career. . . .
"Pauley, say the 'old spies,' was the man who brought all the threads of the Mexican
connection together. He was Bush's business associate, a front man for Dulles's CIA
[Allen Dulles was CIA director then], and originator of the use of Mexican oil fronts to
create a slush fund for Richard Nixon's various campaigns. . . .
"Although it is not widely known, Pauley, in fact, had been a committed, if 'secret,' Nixon
supporter since 1960. It should be recalled that Nixon tried to conceal his Mexican slush
fund during the Watergate affair by pressuring the CIA into a 'national security' cover-up. The CIA, to its credit, declined to participate. Unfortunately, others were so
enmeshed in Pauley's work for Nixon that they could never extricate themselves.
According to a number of our intelligence sources, the deals Bush cut with Pauley in
Mexico catapulted him into political life. In 1960 Bush became a protege of Richard
Nixon, who was then running for president of the United States...
"The most intriguing of Bush's early connections was to Richard Nixon, who as vice
president had supervised Allen Dulles's covert planning for the Bay of Pigs [invasion].
For years it has been rumored that Dulles's client, George Bush's father, was one of the
Republican leaders who recruited Nixon to run for Congress and later convinced
Eisenhower to take him on as vice president. There is no doubt that the two families
were close. George Bush described Nixon as his 'mentor.' Nixon was a Bush supporter
in his very first tilt at politics, during his unsuccessful run for the Senate in 1964, and
turned out again when he entered the House two years later.
"After Nixon's landslide victory in 1972, he ordered a general house cleaning on the
basis of loyalty. 'Eliminate everyone,' he told John Ehrlichman about reappointments,
'except George Bush. Bush will do anything for our cause.' . . . According to Bush's
account, the president told him that 'the place I really need you is over at the National
Committee running things.' So, in 1972, Nixon appointed George Bush as head of the
Republican National Committee.
"It was Bush who fulfilled Nixon's promise to make the 'ethnic' emigres a permanent
part of Republican politics. In 1972 Nixon's State Department spokesman confirmed to
his Australian counterpart that the ethnic groups were very useful to get out the vote in
several key states. Bush's tenure as head of the Republican National Committee
exactly coincided with Laszlo Pasztor's 1972 drive to transform the Heritage Groups
Council into the party's official ethnic arm. The groups Pasztor chose as Bush's
campaign allies were the emigre Fascists whom Dulles had brought to the United
States. . . .
". . . Nearly twenty years later, and after expose's in several respectable newspapers,
Bush continued to recruit most of the same ethnic Fascists, including Pasztor, for his
own 1988 ethnic outreach program when he first ran for president.
"According to our sources in the intelligence community," state the authors, "it was
Bush who told Nixon that the Watergate investigations might start uncovering the
Fascist skeletons in the Republican party's closet. Bush himself acknowledges that he
wrote Nixon a letter asking him to step down. The day after Bush did so, Nixon
"Bush had hoped to become Gerald Ford's vice president upon Nixon's resignation, but
he was appointed U.S. ambassador to the UN. Nelson Rockefeller became vice
president and chief damage controller. He formed a special commission in an attempt
to preempt the Senate's investigation of the intelligence community. The Rockefeller
Commission into CIA abuses was filled with old OPC [Dulles's Office of Policy
Coordination] hands like Ronald Reagan, who had been the front man back in the
1950s for the money-laundering organization, the Crusade for Freedom, which was
part of Dulles's Fascist 'freedom fighters' program." (3)
In 1988, Project Censored, a news media censorship research organization, awarded
the honor of "Top Censored story" to the subject of George Bush. The article revealed
"how the major mass media ignored, overlooked or undercovered at least ten
critical stories reported in America's alternative press that raised serious
questions about the Republican candidate, George Bush, dating from his
reported role as a CIA 'asset' in 1963 to his Presidential campaign's connection
with a network of anti-Semites with Nazi and fascist affiliations in 1988." (4)
For more, GO TO > > > Apartheid, Hawaiian Style; Freedom To Sing; Parrots in the
Newsroom; Thorns in the Rose Garden; Tracking the Flock of AIPAC Vultures
From AMERICAN DYNASTY - Aristocracy, Fortune, and the Deceit in the House of
Bush, by Kevin Phillips:
George H.W. Bush:
Man in the Brooks Brothers French Coat?
...In the 1930s and early 1940, young Bush’s favorite uncle, Herbie–George Herbert
Walker Jr.–took over directorships of several of these Cuban-Dominican sugar
companies, which ultimately merged into West Indies Sugar in 1942. It is not hard to
imagine the young George H.W. Bush picking up from grandfather and uncle alike a
romantic sugar-plantation, rum, and palm-trees image of the heavily policed, old-regime
Cuba of Fulgencio Batista. The island was much liked by a visiting generation of
middle- and upper-class Americans.
His uncle would have been angry in 1959, when the new leftist Castro regime
announced that it would nationalize the holdings of the U.S. sugar companies. Castro
had launched his revolution several years earlier in eastern Cuba’s sugar- and rum-centered Oriente Province, and some of the American owners of sugar mills and
estates had contributed funds in the hope of moderating his movement. Oriente-based
West Indies Sugar had been a particular target of rebel levies and depredations.
Coincidentally, 1959 was the year when Uncle Herbie helped to finance the
reorganization of Zapata by which the offshore drilling rigs–at least one operating near
Cuba–became independent under Walker-Bush control. It must have been even angrier
in 1960 when Castro nationalized the West Indies Sugar Company, of which he had
been a director until 1959.
Infuriated by Castro’s sugar estate seizures, the U.S. government withdrew its
recognition of Cuba and launched an economic embargo in January 1961. Three
months later came the Bay of Pigs invasion....
George H.W. Bush’‘s intelligence connections may have affected when and why he
went to Texas. Working for Ray Kravis in Tulsa might not have been relevant; forking
for Neil Mallon, as Dresser shifted its focus and headquarters from Ohio to Texas and
turned global, would have been more so. Dresser had top secret clearances during the
1941-45 war years for various projects, and afte Mallon relocated to Dallas in 1950, the
company’s greatest growth came from overseas activity, conceivably including some
The international side of the oil business, whether in the Middle East or the Caribbean,
lent itself to close involvement with the CIA and U.S. intelligence, an numerous
chroniclers have elaborated...
In 1988, during Bush’s presidential campaign, Kwitny revealed that back in 1960, Bush
and Zapata Offshore, together with Jorge Diaz Serrano, a Mexican oilman
recommended by Dresser, had set up a new Mexican company called Permargo. The
latter, under the authority of Permex, the Mexican oil monopoly, was to do deep-sea
drilling off the Mexican coast for Pan American Petroleum, a firm run by U.S. oilman Ed
Pauley. Permex and Pauley were both known for CIA connections.
Bush, however, was already drilling for Pauley under a Zapata Offshore contract.
Details about Zapata’s Permargo involvement didn’t check out, and Kwitny smelled a
rat or two, especially when it emerged that in 1981, shortly after Bush had been elected
vice president, the SEC “inadvertently destroyed” the Zapata Offshore SEC filing for
1960 to 1966. Some years later Loftus wrote, “The ‘old spies’ say Bush lost his
virginity in the oil business to Ed Pauley.”
He added that “the Zapata-Permargo deal also caught the attention of Allen Dulles
who, the ‘old spies’ report, was the man who recruited Bush’s company as a part-time
purchasing front for the CIA. Zapata provided commercial supplies for one of Dulles’
most notorious operations: the Bay of Pigs invasion....
FOR MORE SEE:
ALOHA, HARKEN ENERGY
RON REWALD: FLYING HIGH OVER HAWAII
THE SECRET NESTS - PART I: THE CIA
IT’S ABOUT THE OIL, STUPID!
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< < < FLASHBACK < < <
From Britannica’s Book of the Year - 1947:
February 13, 1946
Harold L. Ickes resigned as Secretary of Interior after dispute with Pres. Truman
over appointment of Edwin W. Pauley as undersec’y of navy;
Ickes asserted he refused to remain in administration where he was “expected to
commit perjury for sake of party.”
March 13, 1946
Pres. Truman withdrew nomination of Edwin W. Pauley as undersecretary of navy at
latter’s request, but said Pauley emerged from “vicious and unwarranted attacks with
integrity unscathed ... and with honour unsullied.”
~ ~ ~
FOLLOW THE YELLOW BRICK ROAD:
FROM HARVARD TO ENRON
by Linda Minor © 2002
Permission to reprint with acknowledgment, granted by author
Part Three showed us how America got into the oil business with Saudi Arabia....
Edwin Pauley was a spy within the White House, acting as a funnel for campaign
funds going to FDR, while at the same time gathering and transmitting information
about oil policy and captured Nazi and Japanese assets back to his California
Pauley's importance comes from his role in the 1950's when, with an oil concession
from Mexico, he worked with Howard Hughes and George Bush, allegedly exploring
for oil in the Gulf of Mexico.
Pauley taught Bush how to launder money through corporate subsidiaries to be
used for political payoffs as well as in financing of campaigns.
Both Pauley and Bush used this system to finance Richard Nixon's presidential
campaigns, and it was this laundering scheme which was discovered after the 1972
election, when a check drawn on a Mexican bank account of a subsidiary of a Houston
corporation controlled by Bush's friends appeared in the Miami bank account of a
The Nixon tapes revealed that the financing scheme could blow the lid off the "whole
Bay of Pigs Thing."
Thus, it is important to study Pauley to learn how the money works in politics. It is also
important to find out, if possible, where the assets of Pauley Petroleum ended up, as
well as to learn what happened to Zapata assets -- because these companies were
used by the intelligence group to which the two men owed their loyalty.
We know from Part One that Pug Winokur, working under the cover of David
Murdock's Pacific Holdings, was involved in distributing the Zapata assets, or the
proceeds thereof, to Bush's fellow shareholders, who had elected a board of directors
with long-term connections to Shell Oil, Atlantic Richfield (Arco); Apco Argentina, a
subsidiary at that time of Transco Pipeline (now the Williams Companies); General
Signal Corp. (in which Pauley's friend Sam Mosher was involved), First City Bank of
Houston, which was then involved in several joint ventures with N.M. Rothschild bank
in London; S. Pearson and Sons, a London-based exploration company through its
North American subsidiary, Midhurst; Camco, Inc., a Canadian appliance company
controlled by Canadian General Election, in which Queen Elizabeth had the largest
block of stock.
In Part Three we also discovered that after Pauley's death, his petroleum company,
whose primary asset was a concession to drill in Colombia, was acquired first by
Hondo Oil and Gas, a company owned by Robert O. Anderson and his sons.
Anderson had operated Atlantic Richfield since 1969 and set up Hondo after his
retirement. Hondo borrowed massive amounts of money from Lonrho (formerly the
London and Rhodesian Mining Company) and never repaid the loans, which were
secured by stock options, resulting in Lonrho's acquiring title to all the Hondo stock.
The story in Roswell, N.M., Anderson's home, was that "Hondo, founded by Anderson
in 1986, was unsuccessful in a South America venture. A well drilled in the mountains
of Colombia failed to produce as expected, and Hondo's stock price declined to about 3
cents per share just before the buy-out." (Click).
* * *
Katsuhiro Kawaguchi - The Japanese purchaser of “Gilligan’s Island” (otherwise
know as Coconut Island), later to be deported for “criminal activity.”
The year I was born was a very disgraceful one to be recorded in golden letters in our
long national history.
In the midst of confusion following the nation's defeat in World War II, I was born as the
fourth and last child to my family in Fukakusa Fukuine Takamatsu-cho, Fushimi Ward,
Kyoto Prefecture, on October 25, 1945.
My father, Kiyochika Miyazaki, then 43 years old, was the founder-leader of Teramura
Gumi, a Yakuza1 organization based in the Fushimi area....
Rascals and Bubble
The year 1987 saw Japan right in the middle of the bubble economy with the Tokyo
land price shot up 85% in just one year, as newspapers and journals frequently using
such headlines as "runaway land price" which was reminiscent of the "runaway price" of
the decade before.
When NTT went public, its share fetches the price of 1.6 million yen with so many eager
to buy them, pushing the Nikkei index share price over 25,000 yen.
The Resort Law went into effect in that year as if to encourage the entire nation to
build practically as many hotels and golf courses as you wished. The bubble economy
was in full swing....
As there remained less and less land, the reward for finding a plot of land for
speculation was skyrocketing, about 20,000 yen for the 100 yen million piece of land
"Find bare ground" became a buzzword for land speculators and lots of those shady
people, plotters and agents as I mentioned before, were seen traveling across the
country looking for land.
People like Kawaguchi Katsuhiro known as the "First land price raiser" of Yadai
Sangyo set an eye to the Kansai region, and paid the local yakuza men to find him as
much land as possible. . . .
Yakuza - Japan’s alleged organized-crime organization.
From tripod.com: Yakuza Stretch Tentacles Overseas . . . Like most growth-oriented
enterprises, the yakuza have not confined their illegal -- and legal -- business activities
to Japan. In the late 1960's the Japanese mob took advantage of the sharp rise in
Japanese tourism and began organizing "sex tours" to various countries in Southeast
The yakuza also began to recruit -- or, more probably, to coerce -- women from the
Philippines, Taiwan, South Korea and other Southeast Asia countries to work as
"hostesses" in mob-controlled brothels in Japan.
The overseas push proved similarly lucrative for drug trading -- primarily of Korean,
Taiwanese and other sources of methamphetamine (known as "speed" on U.S.
Gunrunning also evolved into a profitable activity since the sale of guns is controlled
so strictly in Japan that the black market price for handguns can be as much as $5,000
Gangsters typically have bought the guns abroad, mostly from criminal elements in
China, Taiwan, Hong Kong, the Philippines and the United States, and sold for
exorbitant prices on the black market back home. . . .
American law enforcement officials maintain that until 1974 yakuza activities in the U.S.
were relatively limited, both in nature and scope. Not surprisingly, given its geographic
proximity and brisk tourist trade, Hawaii initially attracted Japanese gangsters. Their
focus there was on fleecing their own countrymen on yakuza-organized tours that
included patronizing yakuza-run bars, restaurants, brothels and other entertainment.
As the yakuza's economic power has grown, however, they have focused greater
attention on picking other fruits from the U.S. market. In this regard, mobsters found
that, partly due to its heavy tourist traffic, the fiftieth state was a prime market for selling
Asian-made methamphetamine (usually at a cut-rate price compared to U.S.-made
speed) and/or trading these drugs for handguns....
From its Hawaiian beachhead the Japanese mob has moved on to the mainland,
stopping first in southern California but continuing its reach up the coast to such cities
as San Francisco, Portland, and Seattle. As the yakuza have cultivated ties with other
organized crime groups operating in the United States, American law enforcement
officials have observed the Japanese mob in gambling centers, such as Las Vegas
and Atlantic City, as well as in Newark, New Jersey, New York City and Boston....
While the primary focus of the yakuza's dealings with other organized crime groups still
appears to be the trafficking in drugs and handguns, U.S. officials, aware of the
Japanese mob's expanded activity in the "above-ground" business world in Japan, have
become increasingly worried about the extent to which the yakuza have been able to
commingle their illicit profits with legitimate Japanese investment in the United
* * *
From U.S. News and World Report, 4/13/98, by David Kaplan: Yakuza, Inc. . . .
U.S. investors are spending billions of dollars to snap up huge portfolios of bad loans
from Japanese banks.
What the local banks aren't telling their new customers is that behind much of their
economic woes stand Japan's wily crime syndicates.
In the late 1980s, the yakuza became major players in the nation's wildly speculative
real-estate market. Japanese crime experts now believe that as much as 40 percent of
the banking industry's bad loans are tied to organized crime, representing a whopping
$235 billion . . .
The gangs have played such havoc with efforts to clean up the banking mess that one
former top Tokyo cop calls his nation's economic crisis a "yakuza recession." . . .
At the front lines of this crisis, suddenly, are American investors, among them a
Who's Who of equity funds, investment banks, and real estate trusts.
Over the next few years, U.S. financial companies hope to spend more than $20 billion
on the bad-loan portfolios, according to real-estate specialists at Ernst & Young.
Goldman Sachs, Merrill Lynch, Morgan Stanley, and others are betting that their
experience in liquidating property will pay off big in Japan. The firms are paying as little
as 10 cents on the dollar for Japanese properties that range from downtown high-rises
to abandoned golf-course developments.
But the risks for U.S. investors are substantial. Yakuza experts warn that Western
capital has never before collided with Japanese organized crime in such a major way. .
* * *
From The Laundrymen : . . . The Yakuza, Japan's equivalent of the Italian Mafia, is said
to consist of at least 165,000 members and to have an annual turnover approaching
A centuries-old traditional alliance made up of thousands of warrior clans, whose
members identify themselves with multicolored tattoos, one of its more effective tactics
has been company extortion. The Yakuza approach publicly held corporations and
threaten that unless the company comes up with protection money, they'll disrupt the
shareholders' next annual general meeting. . . .
They are also into dealing drugs, and seem to have cornered the "ice" market in
Hawaii -- ice being crystal methamphetamine, a staple of drug users in the islands...
At least fifty major properties in Hawaii are said to be owned by
The FBI scored a big win there in 1992 when they lured Mitsuo Yoshimura out of
Tokyo and into a Honolulu resort hotel. He thought he was there to finalize a $5 million
Arrested on U.S. soil, the 43-year-old boss of the Kyokushin-kai faction became the
first, and to date only, Yakuza leader to be convicted in the United States....
But according to a former Yakuza member who testified before a Senate investigations
panel, Hawaii is not their only area of interest in America.
Hundreds of millions of dollars of Yakuza money has been poured
into hotels and golf courses around the country.
Many of the private Japanese gambling clubs that dot midtown Manhattan are also
believed to be backed by Yakuza groups....
When they first went international, they relied almost entirely on banks to launder their
money. At the beginning of the 1970s, however, the Yakuza discovered stockbroking.
With the help of Malaysian Chinese gangs, they opened brokerages in Malaysia and
As their business grew, they moved quickly into Hong Kong, Australia, New Zealand,
Indonesia, and the Philippines.
It is alleged they've now opened shop in the United States....
Cash is funneled in one end, and shares in legitimate companies that pay
legitimate dividends come out the other....
For much more on the Yakuza, GO TO > > > Yakuza Doodle Dandies
For more, GO TO > > >
A Connecticut Yankee in King Kamehameha’s Court
Aloha, Harken Energy!
Apartheid, Hawaiian Style
Broken Trust: The Book
Buzzards of Paradise
Confessions of a Whistleblower
Dirty Money, Dirty Politics & Bishop Estate
Dirty Gold in Goldman Sachs
The Dirty Little Secrets of Dow Chemical
Dying for DynCorp
Flying High In Hawaii: The Saga of Ron Rewald
The Freedom to Sing
RICO in Paradise
The Indonesian Connection
Marsh & McLennan: The Marsh Birds
The Morgan, Lewis & Bockius Report
The Myth and The Methane
Parrots in the Newsroom
The Silence of the Whistleblowers
The Sinking of the Ehime Maru
The Story of Enron
Thorns in the Rose Garden
Vampires in the Castle (& Cooke)
The Vampires on Jupiter Island
Who’s Guarding the Hen Hut?
Yakuza Doodle Dandies
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Originally posted: November 24, 2002
Last update June 28, 2009, by The Catbird .
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November 24, 2002: Originally posted in www.the-catbird-seat.net
March 13, 2007: Judge David Ezra signs Order to shut down website
June 28, 2009: Latest update on www.kycbs.net
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