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Blood From Stones

The Secret Financial Network of Terror
by Douglas Farah
2004, Broadway Books
ISBN 0767915623
Illustrated, 240 pages.

From the publisher:
Why has the money trail around al Qaeda grown so cold? And how is it that, despite President George W. Bush’s vow to “choke off the flow of terrorist money” in the wake of 9/11, terror groups are clearly still able to fund their operations worldwide, as evidenced by the Bali bombing in October 2002, the May 2003 suicide attacks in Riyadh, Saudi Arabia, and the March 2004 train bombings in Madrid that left 199 people dead and more than 1,800 others injured?

As revealed in Blood From Stones by veteran investigative reporter Douglas Farah, the alarming answer to these questions is that al Qaeda and other terrorist organizations such as Hezbollah have long followed a financial diversification strategy that has rendered the crackdown by U.S. and other governments almost useless. The effectiveness of this strategy has been aided by diverse factors: the rapid deregulation that came with financial globalization, which has enabled instantaneous financial transfers that are hard to trace; bitter in-fighting, disorganization, and lack of central control among U.S. intelligence agencies which continue to hamper our efforts to combat terrorism; and specific intelligence failures by the CIA which, on at least two occasions, missed the connection between al Qaeda and the West African diamond trade.

From The Washington Post:
A Protected Friend of Terrorism
By Douglas Farah
Monday, April 25, 2005; Page A19
The Bush administration is touting the rule of law and democracy as priorities in its effort to create stability and defeat terrorism. Yet it remains curiously apathetic about the activities of one of the world’s most notorious indicted war criminals, a man who is also an abettor of al Qaeda and Hezbollah. I am speaking of former Liberian president Charles Taylor, who has not only escaped answering for his crimes so far but who may be given an opportunity to repeat them if the United States does not act.
It seems to matter little here… (Read complete article.) [1]

Available commercially. Find out more about Douglas Farah [2].