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Blood From Stones

By FTR - June 18, 2005 @ 4:05 am in Recommended Reading

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].

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URLs in this post:

[1] (Read com­plete article.): http://www.washingtonpost.com/wp-dyn/content/article/2005/04/24/AR2005042400893.html

[2] Dou­glas Farah: http://www.douglasfarah.com/

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