Palm Beach Sugar Barons Accused in WikiLeaks Cables of Trying to Sabotage U.S. Trade Deal

Posted: January 6, 2012 in NEWS
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http://www.forbes.com/sites/joselambiet/2012/01/06/palm-beach-sugar-barons-accused-in-wikileaks-cables-of-trying-to-sabotage-u-s-trade-deal/

 
Palm Beach sugar barons Pepe and Alfy Fanjul, who lavish both the Republican and Democratic parties with millions in contributions, were accused of trying to sabotage U.S. foreign policy and corrupting foreign politicians in diplomatic cables published by WikiLeaks.

While the U.S. government has spent millions in farm subsidies on the Fanjuls, the Cuban expats allegedly tried to torpedo the CAFCA free-trade agreement in the mid-2000s because it was expected to threaten their bottom line. Eventually passed, CAFCA established a free-trade zone that included the USA, the Caribbean and Central America.

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