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xav
10-10-2008, 01:02 PM
While Hank Paulson has been working the Global Economic Collapse issues, the back office staff has been busy at Treasury with - among other things- cranking out something called the "Terrorist Assets Report" to Congress. About $4.3 million was blocked in 2007:

"As of December 31, 2007, assets blocked pursuant to E.O.s 12947, 13099, and 13224 totaled $20,736,920.8 Total amounts blocked will be subject to change for a number of reasons, including application of the TRIA, which authorizes eligible persons who hold judgments arising out of acts of terrorism to attach certain blocked assets to satisfy their compensatory damages awards.9 Additionally, fluctuation may occur in the value of blocked assets due to the authorized withdrawal of blocked funds under various circumstances consistent with overall sanctions policy. The increase in blocked terrorist organization assets in 2007 is due to new or additional blockings, interest paid on blocked funds, and increased share price on certain blocked securities."

http://www.treas.gov/offices/enforcement/ofac/reports/tar2007.pdf

http://www.urbansurvival.com/week.h399.gif

xav
10-10-2008, 01:03 PM
Rather than just "blocking" this money, can they not just use it towards the "Financial Crisis" ?

Mr.K
10-10-2008, 01:45 PM
Rather than just "blocking" this money, can they not just use it towards the "Financial Crisis" ?

Exactly! 12335567

Mu-Meson
10-10-2008, 02:10 PM
Only $201 for Kahane Chai? What, did they block the funds to pay for the lunch tab at a secret meeting?