The Price of Fear

Finance has taken centre stage since 9/11 and the waging of the "War on Terror". But despite extensive media coverage, the war on this financial front remains little understood. This book traces the origins of the well-tried money laundering template and dicusses the laws, rules and regulations designed to combat its effectiveness. In the process, he reveals the faulty assumption which has formed the basis of the financial war on terror: that Al-Qaeda and other related terrorist groups were comparable to drug lords and other international gangsters, and that the methods derived from the war on drugs could be uncritically transposed to the fight against terror. Warde shows that the tracking of clean money being "soiled" for illicit purposes requires fundamentally different intelligence and law enforcement approaches from monitoring dirty money that is being laundered.

ISBN 1850434247   DEWEY 363.325 ISBN13 9781850434245 (What's this?)   DEWEY edition DC22 Publisher I.B.Tauris & Co Ltd   Pages 256 Imprint I.B.Tauris   Published in London Format Hardback   Height (mm) 234 Publication date 30 Mar 2007   Width (mm) 156 Library of Congress HV6431   Academic level General, Tertiary education, Professional / Scholarly

		Introduction : the fog of financial war
1		Fantasy, fiction, and terrorist financing		3
2		Framing the guilty : the financial terrain		23
3		The flawed memory laundering template		35
4		Money and the war on terror narrative		53
5		The usual suspects		63
6		Dynamics of the financial war		77
7		Targets and collateral damage		93
8		"Gated finance" and other contradictions of the financial war		107
9		The question of Islamic charities		127
10		"Catastrophic successes" : assessing the financial war		153
11		Rethinking money and terror		163
		Epilogue : the last happy warriors		183

"A pleasure to read...remarkably informative about a subject that the press seems to have mangled. This ought to have a big impact" - Chalmers Johnson, Professor Emeritus of the University of California and author of Blowback: The Costs and Consequences of American Empire "Ibrahim Warde exposes the Bush administration's much ballyhooed, but often duplicitous "war on terrorist finances" which has nabbed few bad guys, ruined many innocents, frozen little hot money and vastly complicated worldwide banking for the greater glory of a burgeoning American bureaucracy" - Jon Randal, author of 'Osama' "A witty, irreverent analysis of the financial "war on terror"... A "must read" for anyone interested in the Middle East and the global economy-- Clement M. Henry, Professor of Government, The University of Texas at Austin

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