http://www.freerepublic.com/focus/news/1608606/posts?page=105#105
One of the programs central to the Nixon Doctrine was a series of arms for oil deals with Iran, Saudi Arabia and Indonesia. Some of these spiralled out of control in the Lockheed, McDonnel / Douglas and Koreagate scandals. The deregulated financial policy opened the door for a new realm of "hot money" banks like Nugan Hand and the Pakistani Bank of Credit and Commerce International (BCCI.) BCCI would quickly become the backbone of the Pakistani nuclear technology transfer network. After the collapse of BCCI, the same network would begin flowing in the opposite direction by marketing nuclear arms technology to Iran, Iraq, North Korea and Libya.
By the time that U.S. funding of Pakistan's proxy forces was finally cut off in 1993 -- two years after the Soviet Union ceased to exist -- Islamist terrorism was already a well recognized problem in Kashmir, Egypt, Somalia, the Phillipines, Sudan and numerous other hot spots throughout the Muslim world. And the funding was still flowing when the Islamist cell associated with Sheik Omar Abdel Rahman began planning the 1993 bombing of the World Trade Center. The peak for U.S. funding of the guerillas coincided with the peak period for foreign volunteers in Afghanistan and Pakistan. It was this time, roughly from 1989 through 1992 that saw the establishment of Osama Bin Laden's Al Qaida, the Abu Sayyaf and other transnational Isamist terrorist groups.