*UNLOCKED* [#212] CONTRA VIII, Part 3: The Triumph of the Deal and the Fall of the USSR

*UNLOCKED* [#212] CONTRA VIII, Part 3: The Triumph of the Deal and the Fall of the USSR

From Subliminal Jihad by Subliminal Jihad

July 25, 2026 · 3h 1m

About this episode

Dimitri and Khalid explore Bruce Rappaport's financial dealings in the late Soviet Union and the implications of the Iran-Contra affair.

Dimitri and Khalid continue wading through the Caribbean shell companies and Swiss bank accounts of Bruce Rappaport in Alan Block’s “All Is Clouded By Desire”, specifically his network’s activities in and around the late Soviet Union/new Russian economy starting in the late 1980s. Topics include: The Iran-Contra “Brunei money” that Rappaport stole with the help of neocon superstars Elliot Abrams, Richard Secord, Oliver North, Albert Hakim, and Michael Ledeen, Lake Resources Inc., Rappaport’s “odd reputation” among lawyers in the late 80s and penchant for “deals” where he’d screw his partners, his involvement in a dispute over MINE Liberia and bauxite mining projects on the Guinea-Liberia border… The Bank of New York (now BNY-Mellon) and Rappaport’s Inter-Maritime Bank together at last, the LITCO-Bill Casey assist, Western Holdings Limited, BONY chairman J. Carter Bacot’s hostile takeover of Irving Trust in 1985 and their Micro-Ca$h Register securities processing software, Burt Kanter putting together the Deal… BONY and Rappaport using Irving Trust’s long-established correspondent accounts with eastern bloc banks to penetrate Warsaw Pact economies, establishing joint ventures in…

People in this episode

Hosts: Dimitri, Khalid

Topics covered

Mentioned in this episode

Organizations: Lake Resources Inc., Bank of New York, BNY-Mellon, Irving Trust, LITCO, Western Holdings Limited

Books & works: All Is Clouded By Desire

Places: Guinea-Liberia, Soviet Union, China, USSR

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