Nation Jun 02 77,000 foreign banks share details on U.S. account holders in IRS crackdown By Stephen Ohlemacher, Associated Press
Economy Jan 29 Some Businesses Might Go to Offshore Accounts, But Wouldn’t Most Want to Stay? Question/Comment: It’s been said that money flows like water. In an economy with a labor pool as talented as America’s, wouldn’t it be a good time to regulate the market so that as money finds its way back into the…
Nation Jun 26 Watch President Bush Condemns Media Leak on Banking Records President Bush chastises the media for disclosing a secret program that seeks block terrorists by tracing financial records. Analysts debate the conflict between government and the press over the counterterrorism initiatives.
World Jun 23 Watch U.S. Government Monitors International Banking for Counterterrorism The Treasury Department has been using internet banking programs containing transactions of thousands of Americans to track terrorism money since September 11, 2001. The lead official at the Department of Treasury explains the need for the program.