The Dark World of Dirty Money, Violence, and Corruption (1997)

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On November 15, 1988, at a businessmen's breakfast in East Lynn, Massachusetts, Kerry made a joke about then-President-elect George H. W. Bush and his running mate, saying "if Bush is shot, the Secret Service has orders to shoot Dan Quayle." He apologized the following day.[84] During their investigation of Noriega, Kerry's staff found reason to believe that the Pakistan-based Bank of Credit and Commerce International (BCCI) had facilitated Noriega's drug trafficking and money laundering. This led to a separate inquiry into BCCI, and as a result, banking regulators shut down BCCI in 1991. In December 1992, Kerry and Senator Hank Brown, a Republican from Colorado, released The BCCI Affair, a report on the BCCI scandal. The report showed that the bank was crooked and was working with terrorists, including Abu Nidal. It blasted the Department of Justice, the Department of the Treasury, the Customs Service, the Federal Reserve Bank, as well as influential lobbyists and the CIA.[85] Kerry was criticized by some Democrats for having pursued his own party members, including former Secretary of Defense Clark Clifford, although Republicans said he should have pressed against some Democrats even harder. The BCCI scandal was later turned over to the Manhattan District Attorney's office. In 1996, Kerry faced a difficult re-election fight against Governor William Weld, a popular Republican incumbent who had been re-elected in 1994 with 71% of the vote. The race was covered nationwide as one of the most closely watched Senate races that year. Kerry and Weld held several debates and negotiated a campaign spending cap of $6.9 million at Kerry's Beacon Hill townhouse. Both candidates spent more than the cap, with each camp accusing the other of being first to break the agreement.[87] During the campaign, Kerry spoke briefly at the 1996 Democratic National Convention. Kerry won re-election with 53 percent to Weld's 45 percent.[88] In the 2000 presidential election, Kerry found himself close to being chosen as the vice presidential running mate.[89] A release from the presidential campaign of presumptive Democratic nominee Al Gore listed Kerry on the short list to be selected as the vice-presidential nominee, along with North Carolina Senator John Edwards, Indiana Senator Evan Bayh, Missouri Congressman Richard Gephardt, New Hampshire Governor Jeanne Shaheen and Connecticut Senator Joe Lieberman. On April 18, 1985, a few months after taking his Senate seat, Kerry and Senator Tom Harkin of Iowa traveled to Nicaragua and met the country's president, Daniel Ortega. Though Ortega had won internationally certified elections, the trip was criticized because Ortega and his leftist Sandinista government had strong ties to Cuba and the USSR and were accused of human rights abuses. The Sandinista government was opposed by the right-wing CIA-backed rebels known as the Contras. While in Nicaragua, Kerry and Harkin talked to people on both sides of the conflict. Through the senators, Ortega offered a cease-fire agreement in exchange for the US dropping support of the Contras. The offer was denounced by the Reagan administration as a "propaganda initiative" designed to influence a House vote on a $14 million Contra aid package, but Kerry said "I am willing..... to take the risk in the effort to put to test the good faith of the Sandinistas." The House voted down the Contra aid, but Ortega flew to Moscow to accept a $200 million loan the next day, which in part prompted the House to pass a larger $27 million aid package six weeks later. Meanwhile, Kerry's staff began their own investigations and, on October 14, issued a report that exposed illegal activities on the part of Lieutenant Colonel Oliver North, who had set up a private network involving the National Security Council and the CIA to deliver military equipment to right-wing Nicaraguan rebels (Contras). In effect, North and certain members of the President's administration were accused by Kerry's report of illegally funding and supplying armed militants without the authorization of Congress. Kerry's staff investigation, based on a year-long inquiry and interviews with fifty unnamed sources, is said to raise "serious questions about whether the United States has abided by the law in its handling of the contras over the past three years." https://en.wikipedia.org/wiki/John_Kerry