Senator Bob
Menéndez,
caught red-handed
Jean-Guy Allard
DEMOCRATIC Senator Robert "Bob" Menendez, one of
the most steadfast representatives of the Cuban-American
mafia in Congress, was caught red-handed: it has
just been revealed that he intervened with the
Federal Reserve for a failing bank whose top
executives are major contributors to his campaign
fund.
It
had to happen, sooner or later. Menendez has a long
history of controversial relationships. When he was
mayor of Union City, New Jersey, from 1986 until his
election to the Senate, that mafia city was
confirmed more than ever to be a paradise of illegal
gambling, extortion, fraud, and prostitution.
This time, Menendez illegally tried to save his
banking buddies from inevitable bankruptcy by asking
federal regulators to approve the sale of First
BankAmericano of Elizabeth, New Jersey. The bank was
three days away from failing, and if its acquisition
had been approved, his friends would have saved
their investments.
In a letter obtained and published last week by
the Wall Street Journal newspaper, Menendez
wrote a letter to Federal Reserve Bank chairman Ben
Bernanke in July 2009, pressuring him to approve the
sale of First BankAmericano to JJR Bank Holding Co.
of Brick, New Jersey.
Bernanke did not follow the corrupt senator’s
recommendation and First BankAmericano was closed
down on July 31.
Washington observers qualified Menendez’
opportunistic gesture as "scandalous" and "grotesque"
in trying to influence an administrative process for
political motivations at a time when the country is
in the midst of a deep economic crisis marked by
record unemployment.
In its report, the Wall Street Journal
identifies Menendez’ two associates as Joseph
Ginarte, chairman of First BankAmericano and a
lawyer who contributed $30,000 to the senator’s
campaign fund, and Raymond Lesniak, a New Jersey
state senator whose generosity toward Menendez is
well-known. In 2006, Lesniak organized a fundraiser
at his home for Menendez featuring former president
William Clinton.
Even worse, Menendez is a member of the Senate
Banking Committee, and is leading the Democratic
Party’s Senate reelection campaign, the Wall
Street Journal article noted.
As mayor of Union City, Menendez was compared to
mafia ringleader Meyer Lansky. There, in his own way,
he created an enclave for crime where every official
– including in the police – had his price.
In April 2006, Menendez appeared in Geneva to
attack Cuba before the Human Rights Commission with
his personal assistant, José Manuel Alvarez, whose
membership in the terrorist organization Abdala –
which he helped found – is notorious, as is his role
in organizing the assassination of Cuban diplomat
Félix García, shot down in New York by the Omega 7
hired killer, Pedro Remón.
Menendez’s longstanding association with this
mafia is linked with that of his colleague, Albio
Sires, who was mayor of the neighboring city of West
New York, New Jersey. Sires was also notorious for
his relations with the Cuban-American underworld
that developed an extensive network of illegal
gambling and prostitution in that location.