“Grabbing the green,” from this week’s “Washingon Whispers,” U.S. News & World Report (print edition):
Look for more crackdowns on radical Islamic fundraisers. Treasury Department officials recently scouted Israel looking for new leads on money flowing to the likes of Hamas and Hezbollah. But there’s a problem. Once one group’s assets are seized, money simply is funneled to other fundraisers. ‘It’s like squeezing a balloon,’ says one money-laundering official.
Quick question: what exactly is a “money-laundering official“?
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