Steven Aftergood has an important update on the continuing saga of whether or not GAO can conduct investigations of intelligence activities. He explores the source of current restrictions on GAO review: a 1988 OLC opnion written by Douglas Kmiec. The current dispute between the Obama Administration and some members of Congress over whether to strengthen [...]

The news that drug and gang money kept our finance system afloat last year supports my contention that Citi, in this day and age, is not all that different from what BCCI was in its day.

John Kerry has hired the guy who claims that Kerry went easy on the BCCI investigation. Does this signal a return to Kerry’s more courageous stance of his youth?

Gaith Pharaon was a key player in the BCCI scandal–the Saudi playboy who schmoozed the people in the US who allowed BCCI to purchase banks in the US. Apparently, we’re now back in business with him, buying oil for Bagram Air Base.

The NYT tries to shed some light on the Abu Dhabi Investment Authority.