U.S. Officials Defend Bank Data Tracking
Greg Miller and Josh Meyer write in The Los Angeles Times:
In response to the Sept. 11 attacks, the Treasury Department sought to enlist a reluctant ally. The world's banking industry long had been loath to give up data on its customers, so U.S. investigators issued a subpoena for just a narrow slice of information from a worldwide financial consortium.More here.
The reply stunned Treasury officials.
The consortium couldn't extract the shards of data that U.S. terrorism analysts were looking for, so it offered something far more generous.
"They said, 'We'll give you all the data,' " Treasury Secretary John W. Snow said Friday during a news conference in which he defended the espionage program.
posted by Fergie @ 6/24/2006 09:04:00 AM
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