WILLIAM COLBY
was a lifelong spook who
started in the OSS, working with ANGLETON in Italy (including the Rat
Lines). In Southeast Asia, he ran the
Phoenix Project, and
laundered countless millions in Laotian
heroin profits through the Nugan-Hand Bank.
Replacing
RICHARD HELMS as DCI in 1973, he plotted the
Australian
coup, ran the bloody Angola ops, and ran damage control during the Church & Pike
hearings. Later involved in BCCI and many other CIA banking
scandals.
Died suprisingly, under peculiar circumstances, in 1996. It
was ruled he'd gone on a midnight canoe ride, had "a stroke or a heart
attack" and then fell in the water and drowned. This was possible
because he was uncharacteristically without his lifejacket, which never
was found. His body was fished from the river after a nearly weeklong
search only some 100 yards from where his canoe had been found.
He was widely known first as the "Grey Man", then as he aged the "Old
Grey Man". In 1998, the matter of his death remains officially closed.
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