Monday, September 08, 2014

Federal Reserve

US banks close accounts of a dozen Muslims without explanation. They probably aren't allowed to provide an explanation.
"Banking experts say that as banks have faced increasing scrutiny from regulators in a post-recession world, they are eliminating as much risk as possible. Lacking clarity on what might trigger government fines, banks are being overly cautious, some experts say.
"It's not inconceivable to think an Islamic American or Arab American would be closed due to their perceived higher risk because of their connections to high-risk jurisdictions," said Brian Kindle of the Assn. of Certified Financial Crime Specialists. "There's something going on here, and I think it ties back to the de-risking trend.""
That's another consequence of empire and the police state.

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