Reply #21: Treasury Calls for Scrutiny of Egypt (AS LONG AS IT'S FAR FROM THE BANKSTERS..) [View All]

[Demeter]

http://online.wsj.com/article/SB10001424052748703373404576148073209074728.html

The U.S. Treasury on Wednesday issued a warning to U.S. financial institutions, advising them to closely scrutinize any transactions emanating from Egypt, U.S. officials said.

These transactions, the Treasury said, could indicate that members of former Egyptian President Hosni Mubarak's government are attempting to shelter assets offshore.

"The advisory reminds U.S. financial institutions of their obligations to monitor closely any financial activity that could potentially represent misappropriated or diverted state assets," a U.S. official. said.

The Treasury reminded American banks that they are obligated under the Patriot Act and other U.S. laws to guard against money laundering and other financial crimes.

Meanwhile, Egypt's new military rulers faced growing hurdles in their efforts to restore normalcy to the country, as labor strikes continued and school openings were delayed....

HOW LONG UNTIL THEY REALIZE, THIS GENII AIN'T EVER GOING BACK INTO THE BOTTLE.