Helping the money launderers

Lavelle, Marianne
October 2001
U.S. News & World Report;10/22/2001, Vol. 131 Issue 17, p48
Reports on efforts of business and banking lobbyists in the United States to oppose regulations designed to stymie money laundering by terrorists. How the regulations would hurt any business involved in offshore finance; Proposal to prevent U.S. banks from doing business with 'shell banks,' financial institutions that exist to move money from one place to another in secrecy.


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