Bankers for Hire – Former Bank of Baltimore CEO Admits He Worked for the CIA

Screen Shot 2015-02-04 at 12.27.13 PMHis friends, former employees and even his own daughters were shocked to learn in his recently published biography that he had ample reason to do so: The former chief executive and chairman of Bank of Baltimore says he worked covertly for the Central Intelligence Agency for almost a decade in the 1990s and early 2000s.

During that time, he said, he spoke regularly with a CIA handler and allowed the agency to create a fake company under his corporate umbrella, which included shipping and trucking companies he ran at the same time he led the bank. Operatives in the field used the fictitious firm as cover when traveling the world, complete with business cards and hats. Mr. Hale said he worked under “nonofficial cover,” in which his identity was unassociated with the U.S. government.

– From the Wall Street Journal Article: Former Maryland Banker Reveals He Used to Work for CIA

The term “non-official” cover was covered previously at Liberty Blitzkrieg last year in the extremely popular post, “Non-Official Cover” – Respected German Journalist Blows Whistle on How the CIA Controls the Media. In it, I wrote:

Whether you want to admit it or not, CIA control of the media in the U.S. and abroad is not conspiracy theory, it is conspiracy fact.

“Non-official cover” occurs when a journalist is essentially working for the CIA, but it’s not in an official capacity. This allows both parties to reap the rewards of the partnership, while at the same time giving both sides plausible deniability. The CIA will find young journalists and mentor them. Suddenly doors will open up, rewards will be given, and before you know it, you owe your entire career to them. That’s essentially how it works. 

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James Foley Worked Under USAID, a Known U.S. Intelligence Front. Was He More Than Just a Journalist?

Before I get into the meat of this post, I want to make a few things clear.

First, the brutal beheading of anyone is barbaric, unacceptable and tragic beyond description. Second, this piece is in no way intended to cause any harm or pain to the Foley family. Third, I don’t have any proof that James Foley was involved in covert intelligence work for the U.S. government.

All that being said, I do think it is important people understand he worked under USAID in Iraq only three years before he was abducted in Syria. As such, I believe the question as to whether or not he was more than just a journalist is a reasonable one to ask.

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