Norman Bailey (government official)
Encyclopedia
Norman A. Bailey is President of the Institute for Global Economic Growth, an international economic consultant, a professor of economic statecraft, and a former US government official.

Employment at the National Security Council

Bailey served as Senior Director of International Economic Affairs for the United States National Security Council
United States National Security Council
The White House National Security Council in the United States is the principal forum used by the President of the United States for considering national security and foreign policy matters with his senior national security advisors and Cabinet officials and is part of the Executive Office of the...

 (NSC) between 1981 and 1983. During his employment at the NSC, Bailey, whose specialty was monitoring terrorism by tracking finances, was involved in the following events:
  • The investigation of the Bank of Credit and Commerce International
    Bank of Credit and Commerce International
    The Bank of Credit and Commerce International was a major international bank founded in 1972 by Agha Hasan Abedi, a Pakistani financier. The Bank was registered in Luxembourg with head offices in Karachi and London. Within a decade BCCI touched its peak...

     (BCCI), which according to Bailey was involved in drug-running and arms-running transactions, as well as terrorism. There were allegations of a link between BCCI and the Central Intelligence Agency
    Central Intelligence Agency
    The Central Intelligence Agency is a civilian intelligence agency of the United States government. It is an executive agency and reports directly to the Director of National Intelligence, responsible for providing national security intelligence assessment to senior United States policymakers...

     (CIA,) and Bailey was quoted in Newsweek
    Newsweek
    Newsweek is an American weekly news magazine published in New York City. It is distributed throughout the United States and internationally. It is the second-largest news weekly magazine in the U.S., having trailed Time in circulation and advertising revenue for most of its existence...

     saying that the CIA was not interested in "blowing the BCCI cover."
  • The use of Prosecutor's Management Information System
    Prosecutor's Management Information System
    The Prosecutor's Management Information System is a database system developed by Inslaw Inc., a Washington, D.C.-based, information technology company....

     (PROMIS) software to track movements of money through the banking system. According to Salon.com
    Salon.com
    Salon.com, part of Salon Media Group , often just called Salon, is an online liberal magazine, with content updated each weekday. Salon was founded by David Talbot and launched on November 20, 1995. It was the internet's first online-only commercial publication. The magazine focuses on U.S...

    , Bailey was the first to publicly acknowledge that this software had been shared with the National Security Agency
    National Security Agency
    The National Security Agency/Central Security Service is a cryptologic intelligence agency of the United States Department of Defense responsible for the collection and analysis of foreign communications and foreign signals intelligence, as well as protecting U.S...

     and the Department of the Treasury
    United States Department of the Treasury
    The Department of the Treasury is an executive department and the treasury of the United States federal government. It was established by an Act of Congress in 1789 to manage government revenue...

    .

External links

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