Palmer National Bank of Washington, D.C.
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Palmer National of Washington, D.C. is a bank in Washington, D.C.. It was founded in 1983 by Harvey McLean, Jr. (a businessman from Shreveport, Louisiana; a Republican who had worked in George Bush's 1980 presidential election campaign) and Stefan Halper (who assisted on the same campaign as McLean, and was George Bush's foreign-policy advisor. Halper was later accused of masterminding a number of dirty tricks against the Carter campaign). It was initially funded with $2.8 million dollars to McLean from Herman K. Beebe. Oliver North used this bank during the Iran-Contra scandal by funneling money from his shell organization, the "National Endowment for the Preservation of Liberty", through Palmer National Bank to the Contras.
[edit] Reference
- Mark Lombardi: Global Networks. Mark Lombardi, Robert Carleton Hobbs, Judith Richards; Independent Curators, 2003 (published for the travelling exhibition of his work, "Mark Lombardi Global Networks"). ISBN 0-916365-67-0