'Vice or Price'? Don Johnson
as Sonny Crockett in Miami Vice
drove a fancy car while fighting the drug world.
Now Don is suspected of trying laundering $8 billion in bonds, stocks and credit notes in Germany.
He said he was there to buy a car. Some car!
posted by hockeyman
on Mar 13, 2003 -
Philip Morris vs. the Patriot Act?
According to this article in The Nation, back in October the tobacco industry convinced the White House and Tom DeLay to arrange the omission of a specific section of the Patriot Act on money laundering. It had been requested by the DOJ, but it would have made some tobacco companies vulnerable to lawsuits they were facing from several foreign governments (the full story behind those lawsuits is here
.) The smuggling charges are bad enough, but that the tobacco industry has a say in defining national security, if true, is infuriating. It also makes the enthusiasm with which the Patriot Act powers are being used to monitor consumers
a galling double standard.
posted by homunculus
on Apr 24, 2002 -
How To Launder Money
If the "terrorism can't be overpowered, it can only be undermined" train of thought holds true, then the money funding terrorist activities needs to be cutoff, especially considering they may directly profit from it (and theoretically at least, it's easier to choke off funds than grass roots ideology). From what I've read Osama bin Laden's money comes from wealthy fundamentalist sympathizers, "rogue" governments and the heroin racket. Governments create, maintain and oversee the money apparatus, but if money laundering can't be stopped I don’t see how terrorism can either, um short of eradicating poverty, "the petri-dish for the culture of suicide bombing."
posted by kliuless
on Sep 19, 2001 -