UPDATE: THE ANDREUCCETTI AFFAIR
The June *1995* issue of the Conspiracy Nation Newsletter
featured an exclusive interview with Mr. Joseph Andreuccetti,
Sherman Skolnick, and this editor. That entire interview has
since been archived at the prairienet.org site (see below).
Also, in case anyone is interested, the photo of myself and Mr.
Skolnick, found in Kenn Thomas' book, *Popular Alienation*
(Illuminet Press, 1995. ISBN: 1-881532-07-0) was taken during
To refresh the reader's memory regarding the series of court
cases often referred to as simply "The Andreuccetti Affair", here
is a relevant excerpt from issue number 12 of the Steamshovel
Joe Andreuccetti, a subcontractor in Wood Dale, Illinois, is
originally from Lucca, in Northern Italy. Andreuccetti's
relations include the founder of the Bank of America and the
CEO of the Bank of Lucca. Lucca was the staging area for a
shipment of a European gold horde to the U.S. It was stolen
in 1943 under the direction of General George S. Patton with
the help of the Sicilian Mafia. The purpose was prevention
of another world war instigated by Europeans, by reducing
their mad money. Pro-Nazi Pope Pius XII was receptive to the
idea but he wanted some agreement that the gold would return
within an appropriate period -- 50 years.
Here too is a relevant excerpt from the June 1995 Conspiracy
Nation Newsletter interview:
CONSPIRACY NATION: So where'd the $50 million come from?
JOSEPH ANDREUCCETTI: From the Federal Home Board [Federal
Home Loan Bank Board].
SHERMAN SKOLNICK: And a step-sister of that is the RTC.
CONSPIRACY NATION: But they had set it aside in anticipation
JOSEPH ANDREUCCETTI: In anticipation of several lawsuits
pending against American Heritage Savings & Loan.
CONSPIRACY NATION: Okay. So it *wasn't* set aside in
anticipation of any claims that you had.
JOSEPH ANDREUCCETTI: I was the strongest claim!
SHERMAN SKOLNICK: He's the only pending claim.
JOSEPH ANDREUCCETTI: And the only pending claim, to this
day. All the other claims were worn out.
SHERMAN SKOLNICK: The other claims were of no consequence.
JOSEPH ANDREUCCETTI: They were worn out! They were worn out.
CONSPIRACY NATION: Okay, but then the money was needed, to
hide a bank embezzlement down in Arkansas...
JOSEPH ANDREUCCETTI: Yeah. Arkansas.
CONSPIRACY NATION: And so, it disappeared to Arkansas.
JOSEPH ANDREUCCETTI: Correct.
And I never had my day of trial.
Now comes the following information, which may or may not be
TRUTH IN SPEAKING (House of Representatives - May 29, 1996)
The SPEAKER pro tempore. Under a previous order of the
House, the gentleman from California [Mr. Dornan ] is
recognized for 5 minutes.
Mr. DORNAN . Mr. Speaker, there are so many subjects racing
through my mind right now for a 5-minute special order. I
was going to talk about an Army hero who was killed in Bosnia
trying to, to use his own words from a few hours before his
death, clear these stinking minefields for the children of
Bosnia, but the last gentlewoman began her remarks by saying
it is time for truth in speaking.
Let me tell the gentlewoman, as somebody who started
investigating Little Rock in 1992, before the Clintons were
in the White house, I think Little Rock, just Little Rock, in
an otherwise great State, and only in the field of politics
with some businesspeople, was a stinking hole of corruption;
with not this current Governor, but the prior Governor, a
stinking hole of corruption. And that like Hamlet's line
about murder, though it hath no tongue, will by most
miraculous organ out, all of this financial corruption will
by most miraculous organ out by, using her very words, truth
Mr. BURTON of Indiana. Mr. Speaker, will the gentleman
Mr. DORNAN . I yield to the gentleman from [Indiana.]
Mr. BURTON of Indiana. Mr. Speaker, what I did in my special
order was ask a number of questions that were still
unanswered. One of the questions that I think is very, very
important is why did the Arkansas Development Financial
Authority send $50 million of Arkansas money to the Cayman
Islands to deposit in a bank in the Cayman Islands, which is
a major drug transit point acknowledged by almost every DEA
agent in the world? Why would they send $50 million of
Arkansas money down there? That is a question that needs to
I have the electronic bank transfer statements in my office.
I am going to put them in the Congressional Record. There is
no doubt the money was wired to the Cayman Islands. The
question needs to be asked, why was it wired? Why would the
Governor of Arkansas allow that? Why would the Arkansas
Development Financial Authority, a State-run agency, send
their money out of the country to a drug haven? I hope that
the independent counsel will explore that. We are going to
ask other questions as well.
Mr. DORNAN . Mr. Speaker, no one other than the gentleman
has investigated the Vince Foster thing or analyzed it. And
the line of Vince Foster's that comes back to us from the
grave about the whole Whitewater mess and the IRS problems
was, these are Vince Foster's words, `This is a can of worms
we do not want to open.' The can of worms was opened in front
of that jury and they got 24 felony convictions.