Re: Riggs Bank Closure


"Lantern" <gchand4059@xxxxxxx> wrote in message
news:1114618548.211421.58710@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> It looks like it is all over for the Riggs Bank mess. The Federal
> Reserve yesterday approved the merger of Riggs Bank with PNC Financial
> Services Group. Too bad for those looking for the boogie man there. I
> guess Riggs Bank just had bad management and did not pay close enough
> attention to the Bank Secrecy Act which required reporting of
> suspicious banking activity. There was no evidence of the evil aiding
> of terrorists. However, Lantern will continue to shine light on evil.

Pinochet's not a terrorist?
;-)

> The next step for the idea of fighting war with the weapon of finance
> lies in the efforts of the Treasury Departments's Financial Crimes
> Enforcement Network (FINCEN).
> Also, there is the lawsuit by 9/11 victim families against
> the Arab Bank. Maybe even the ugly UN handling of the Food for Oil
> program will shed some light.
>


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