U.S. Treasury acts against Iranian bank

[Eugene]

U.S. Treasury acts against Iranian bank

By Glenn Somerville
Reuters
Friday, September 8, 2006; 12:52 PM

WASHINGTON (Reuters) - The U.S. Treasury Department has cut off Iranian
state-owned Bank Saderat from any dealings with the U.S. financial system
to block it from financing terror groups, a top Treasury official said
on Friday.

Stuart Levey, the Treasury's under secretary for terrorism and financial
intelligence, made the announcement in prepared remarks for delivery to a
luncheon at the American Enterprise Institute, a conservative think-tank.

-snip-

He noted that Iranian financial institutions already are barred from direct
access to the U.S. financial system, but have been able to make transactions
indirectly through third-country banks.

-snip-

He charged that Iran used Saderat to transfer money to Hizbollah and Hamas
as well as other groups including the Palestinian Islamic Jihad.

-snip-

Full article: http://www.washingtonpost.com/wp-dyn/content/article/2006/09/08/AR2006090800874.html

[orwell]

1. Why didn't they cut off...

...BCCI?

Oh that's right, they were funding our "terror groups..."

Never mind...

[madrchsod]

2. the dumbest people on the planet are running our government

meanwhile bin boy is laughing his ass off...he got bush to rid the middle east of saddam,kicked the us military out of saudi arabia,and now has got the Iran's on bush`s war list....