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Catherine Austin Fitts

Catherine Austin Fitts is the president of Solari, Inc., publisher of the Solari Report,1) and managing member of Solari Investment Advisory Services, LLC. Catherine served as managing director and member of the board of directors of the Wall Street investment bank Dillon, Read & Co. Inc., as Assistant Secretary of Housing and Federal Housing Commissioner at the United States Department of Housing and Urban Development in the first Bush Administration, and was the president of Hamilton Securities Group, Inc. Catherine has designed and closed over $25 billion of transactions and investments to-date and has led portfolio and investment strategy for $300 billion of financial assets and liabilities. Detailled Resume:

New York Times Drug Policy Forum

Narco-Dollars For Beginners 2)

How The Money Works In The Illicit Drug Trade a 13 Part Series By Catherine Austin Fitts First published by Narco News 3)

  • Part 1 Narco Dollars For Dummies
  • Part 2 Sam & Dave Do White Substances
  • Part 3 The Ultimate New Business Cold Call
  • Part 4 On Your Map
  • Part 5 Getting Out of Narco Dollars HQ
  • Part 6 Georgie And West Philadelphia
  • Part 7 Dow Jones Up, Solari Index Down
  • Part 8 Fast Food Franchise Pop
  • Part 9 At the Heart of the Double Bind
  • Part 10 Drugs as Currency
  • Part 11 In Defense of American Drug Lords
  • Part 12 We Have Met the Enemy and It is Us
  • Part 13 Americans Love A Winner

Originally published in Narco News * click here for Spanish version 4) 5)

Dillon Read & Co. Inc. & The Aristocracy of Stock Profits


  • 1. Brady, Bush, Bechtel & “the Boys”
  • Dillon Read’s Chairman, Nicholas F. Brady, was considered one of George H. W. Bush’s most intimate friends and advisors …
  • 2. A Rothschild Man
  • The French Rothschilds, in response to the nationalization of Banque Rothschild by President Mitterrand, moved significant operations and focus to the U.S. …
  • 3. RJR Nabisco
  • In 1984 and 1985, Dillon Read helped RJR merge with Nabsico Brands, making the combined RJR Nabisco one of the world’s largest consumer products corporations …
  • 4. Narco Dollars in the 1980s — Mena, Arkansas; South Central L.A.
  • Gary Webb’s “Dark Alliance” story was persuasive that the U.S. government and their allies were involved in narcotics trafficking …
  • 5. Leveraged Buyouts
  • Perhaps KKR had simply sheltered one of the world's premier money laundering networks and, behind the veil of a private company, taken this network to a whole new level …
  • 6. A Parting of the Ways
  • That was when I decided that we might be losing sight of the line between financial engineering and financial fraud. I left the boardroom to make a call to Washington, D.C. There was nothing else to learn at Dillon Read …
  • 7. “HUD is a Sewer”
  • When I told Nick Brady in 1989 that I was going to work at HUD, he said, “You can’t go to HUD — HUD is a sewer.”
  • 8. Dillon’s Investment in Cornell
  • To understand Dillon’s investments in Cornell it is essential to understand who governed Dillon Read, who at Dillon invested personally, as well as who at Dillon helped to govern the venture funds that invested in Cornell …
  • 9. Cornell Corrections
  • Cornell arranged for the prison to be constructed by Brown & Root of Houston, Texas, a subsidiary of Halliburton.
  • 10. The Clinton Administration: Progressives for For-Profit Prisons
  • The Clinton Administration took the groundwork laid by Nixon, Reagan and Bush and embraced the promotion of federal support for police, enforcement and the War on Drugs with a passion that was hard to understand …
  • 11. Hamilton Securities Group
  • One of Hamilton Securities’ goals was to map out how the flows of money worked in the U.S. and create software tools that would make this information accessible to communities …
  • 12. A Note on Protecting the Brand with Dirty Tricks
  • The supremacy of the central banking-warfare investment model that has ruled our planet for the last 500 years depends on being able to combine the high margin profits of organized crime with a low cost of capital …
  • 13. “You are Going to Prison” — 1996
  • One day I was a wealthy entrepreneur with a successful business and money in the bank. The next day I was hunted, business assets seized, living through eighteen audits and investigations, a smear campaign directed not just at me but also members of my family …
  • 14. Enforcement Terrorism — 1997
  • My favorite Judge Sporkin quote was his retort from the bench, something to the effect of “I disagree with the law and if you have a problem with that, take it up with Congress.”
  • 15. Dillon Read — Cashing Out on Cornell
  • These are the kind of profits you get when you buy stock for a price of $3.8 million and several years later sell that stock for $29.9 million — or an almost 800% increase on your investment …
  • 16. Financial Coup d’Etat — 1998
  • In June of 1999, Richard Grasso, Chairman of the New York stock exchange, went to Colombia to visit a Revolutionary Armed Forces of Colombia Commander to encourage him to reinvest in the New York Stock Exchange …
  • 17. Private Banking & the Profitable Liquidation of Every Place
  • An all-to-familiar impersonal financial mechanism was now in place that created yet another incentive system with global reach, to drive the financial returns of investors up by driving down the Popsicle Index of faceless people and communities, far removed.
  • 18. Through the Via Dolorosa
  • The Via Dolorosa is the street in the Old City of Jerusalem which Jesus is said to have walked on the way to his crucifixion. It means “the way of grief.”

6) pdf 7)

Missing Money

$21 Trillion dollars is missing from the US government. That is $65,000 per person - as much as the national debt!

What's going on? Where is the money? How could this happen? How much has really gone missing? What would happen if a corporation failed to pass an audit like this? Or a taxpayer?

This means the Fed and their member banks are transacting government money outside the law. So are the corporate contractors that run the payment systems. So are the Wall Street firms who are selling government securities without full disclosure. Would your banks continue to handle your bank account if you behaved like this? Would your investors continue to buy your securities if you behaved like this? Would your accountant be silent? This is the reason that there is such a strong push to change or tear up the US Constitution. This is why members of the establishment say it is “old,” “outdated!” This is why there is such a push for gun control. Don't buy it! We can use the Constitution to get our money and our government back. It is time to enforce the US Constitution.

The Solari Report has been covering the missing money since 2000 when Catherine Austin Fitts began to to warn Americans and global investors about mortgage fraud at the US Department of Housing and Development (HUD), the engineering of the housing bubble that lead to trillions more dollars in bailouts and funds missing from the US government starting in fiscal 1998.8)9)

Pandemic Analysis


What is the New Normal? How did we get here? Who or what is really running this show? In a four-part series of intimate dialogues, financial expert Catherine Austin Fitts and political satirist C.J. Hopkins explore the increasingly totalitarian shape of our brave, new, pathologized, globalized world. 10)


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