BCCI came under the scrutiny of financial regulators and intelligence agencies in the s, due to concerns that it was poorly regulated. Subsequent investigations revealed that it was involved in massive money laundering and other financial crimes , and had illegally gained the controlling interest in a major American bank. BCCI became the focus of a massive regulatory battle in , and, on 5 July of that year, customs and bank regulators in seven countries raided and locked down records of its branch offices. Investigators in the United States and the UK determined that BCCI had been "set up deliberately to avoid centralized regulatory review , and operated extensively in bank secrecy jurisdictions. Its affairs were extraordinarily complex.
The Watergate Affair Analysis
Alexander Haig during the Watergate Scandal - Words | Help Me
This is somewhat typical. John W. Dean III starts most days wondering how the current president will exceed the narcissism and paranoia of his old boss. His book on the last Republican administration, featuring George W. Posy, his year-old teacup poodle, needs an insulin shot every 12 hours, which is about how often many Americans need to know whether the 45th president will go the way of the 37th. What got Nixon in trouble was his dark side and his revenge against other people.
Watergate Scandal Case Study
He granted, "a full, free, and absolute pardon unto Richard Nixon for all offenses against the United States which he, Richard Nixon, has committed or may have committed or taken part in during the period from January 20, through August 9, Ford's pardon of Nixon angered many in the public who felt that Nixon should have been held accountable for any crimes he might have committed. Historians point to the pardon as a significant factor in Ford's failure to win reelection in
Jimmy Carter is much more highly regarded today than when he lost his bid for reelection in He has produced an exemplary post-presidency, and today there is an increased appreciation for the enormity of the task he took on in , if not for the measures he took to deal with the crises that he faced. Carter took office just thirty months after a President had left the entire federal government in a shambles. He faced epic challenges—the energy crisis, Soviet aggression, Iran, and above all, a deep mistrust of leadership by his citizens. He was hard working and conscientious.