US Warns Banks Of Stigma Of Iran, North Korea Links

[Purveyor]

24 August 2006

WASHINGTON - Banks handling money for North Korea or Iran run the risk of some day being exposed to the same stigma associated with banks linked to Nazi Germany, a senior US government official said on Wednesday.

“You don’t want to be the one ten years from now who’s got (Korean leader) Kim Jong Il’s money,” Treasury Undersecretary for Terrorism and Financial Intelligence Stuart Levey said in an interview with Reuters.

“(It’s) just like we saw during the (former US President Bill) Clinton administration when they exposed the Nazi banks,” Levey said. Swiss banks were embarrassed in 1997 by revelations that the German government had passed funds through the Swiss National Bank and other Swiss banks during World War II to finance the Nazi war effort.

“You don’t want to be on the wrong side of that. I think banks understand that. I just don’t know whether they are taking all the steps that they can and we would encourage them to do it,” he said.

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http://tinyurl.com/mtd4f

[madrchsod]

1. much to do about nothing

there isn`t one fucking thing the us government can do about iran. what a joke

[Sinti]

2. At least they're kind of wagging a finger at Kim Jong Il, while rattling

their saber at Iran. That ought to at least keep the Elvis-haired nutball quiet for a bit. He's got ADD, jumps up and down and screams every time someone else gets attention.

[Matilda]

3. Do they mean the kind of stigma that is attached to Prescott Bush

for his dealings with the Nazis?

Hurt him heaps, didn't it? And the BFEE still suffers for it to this day.

:sarcasm:

[Vidar]

4. Didn't seem to hurt the Bush family or the Swiss banks.

[Sherman A1]

5. Agreed

there is that pesky little fact..

[ConcernedCanuk]

6. Pot to kettle - - - "How Bush's grandfather helped Hitler's rise to power"

.
.
.

How Bush's grandfather helped Hitler's rise to power

Ben Aris in Berlin and Duncan Campbell in Washington
The Guardian| September 25, 2004

George Bush's grandfather, the late US senator Prescott Bush, was a director and shareholder of companies that profited from their involvement with the financial backers of Nazi Germany.

The Guardian has obtained confirmation from newly discovered files in the US National Archives that a firm of which Prescott Bush was a director was involved with the financial architects of Nazism.

His business dealings, which continued until his company's assets were seized in 1942 under the Trading with the Enemy Act, has led more than 60 years later to a civil action for damages being brought in Germany against the Bush family by two former slave labourers at Auschwitz and to a hum of pre-election controversy.

The evidence has also prompted one former US Nazi war crimes prosecutor to argue that the late senator's action should have been grounds for prosecution for giving aid and comfort to the enemy.

MORE

And there's the Saddam - Rummy handshake -

They weren't trading for coffee beans . . . .

USA just keeps people well armed so we can have perpetual war . .

(sigh)

[TheWatcher]

7. Projection

Everything they do is projection.

THEY are the Nazis now.