"Of particular significance was the bank’s involvement in the Iran-contra affair, a major scandal during the Reagan administration that involved illegally selling arms to Iran to finance right-wing guerillas in Nicaragua."

MIT Media Lab was founded by Nick Negroponte, the brother of the US's Nicaraguan-rebel-supporting ambassador to Honduras at the time John Negroponte.

The Securities & Exchange Commission's chairman, Gary Gensler, has also been an MIT Media Lab & Economics crypto-economist professor since 2018.

MIT's department head of economics, Glen Ellison, is the father of Alameda Research CEO Caroline Ellison.

Small world..

John Negroponte's well-known for covering up Nicaraguan & Honduran death squads, serving as ambassador to Iraq through the false Senate 2004 Iraqi WMD Intelligence report, and rising to Director of National Intelligence and Deputy Secretary of State by the end of G.W. Bush's presidency.

Sources:

https://www.media.mit.edu/people/gensler/overview/

https://en.wikipedia.org/wiki/Glenn_Ellison

https://en.wikipedia.org/wiki/Nicholas_Negroponte

https://en.wikipedia.org/wiki/John_Negroponte

"Ambassador to Honduras (1981–1985)

Assistant Secretary for Environment, Oceans and Fisheries (1985–1989)

Ambassador to Mexico (1989–1993)

Ambassador to the UN (2001–2004)

Ambassador to Iraq (2004–2005)

Director of National Intelligence (2005–2007)

U.S. Deputy Secretary of State (2007–2009)"

https://www.nbcnews.com/id/wbna7468275 : "Papers Illustrate Negroponte's Contra Role"

https://theintercept.com/2018/11/28/killing-asylum-how-decad... : "The History of John Negroponte and the Contra Death Squads in Nicaragua"