About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

100 Minn. L. Rev. 1377 (2015-2016)
Financial Weapons of War

handle is hein.journals/mnlr100 and id is 1417 raw text is: Article Financial Weapons of War Tom C.W. Lint INTRODUCTION Finance may be the most powerful weapon of war.' It moves armadas, armies, and squadrons. It funds troops and ar- tillery. It endows suicide bombs and improvised explosive de- vices.2 It pays for special forces and mercenaries. It underwrites cease-fires and purchases surrenders. Finance is the weapon that makes all other weapons of war possible. t Associate Professor of Law, Temple University Beasley School of Law. Many thanks to Kenneth Anderson, Derek Bambauer, Gary Brown, Rebecca Crootof, Onnig Dombalagian, Jeffrey Dunoff, Charles Dunlap, Adam Feibelman, Richard Gordon, Sean Griffith, Duncan Hollis, Eric Talbot Jensen, Ann Lipton, Duncan MacIntosh, Gregory Mandel, Shu-Yi Oei, David Post, Sasha Radin, Steven Sheffrin, Peter Spiro, Harwell Wells, and conference and workshop participants at the Murphy Institute at Tulane University, Seton Hall University School of Law, the 2015 International Committee of the Red Cross Workshop on Autonomous Legal Reasoning at Temple University, 2014 Ontario Securities Commission Dialogue, and the 2015 National Business Law Scholars Conference for their invaluable comments, exchanges, and insights. Additionally, I am grateful to Thomas Helbig, Leslie Minora, and George Tsoflias for their extraordinary research assistance. Copyright @ 2016 by Tom C.W. Lin. 1. See, e.g., IAN BREMMER & CLIFF KUPcHAN, TOP RISKS 2015 8-9 (2015) (discussing the weaponization of finance); NICK RIDLEY, TERRORIST FINANC- ING: THE FAILURE OF COUNTER MEASURES 1 (2012) (asserting that money is an essential component of terrorist organizations); JUAN C. ZARATE, TREAS- URY'S WAR: THE UNLEASHING OF A NEW ERA OF FINANCIAL WARFARE 1 (2013) ([Mioney is what fuels the operations of the world's rogues.); Shima Baradaran et al., Funding Terror, 162 U. PA. L. REV. 477, 480-82 (2014) (de- scribing the sums of financing needed by terrorist organizations). 2. See, e.g., JOHN ROTH ET AL., NAT'L COMM'N ON TERRORIST ATIACKS UPON THE U.S., MONOGRAPH ON TERRORIST FINANCING: STAFF REPORT TO THE COMMISSION 19-30 (2004) (describing the financing necessary for terrorist ac- tivity, including Central Intelligence Agency estimates that al Qaeda spent approximately $30 million annually in the lead up to the September 11th at- tack). 3. See, e.g., S.C. Res. 2255, 9T 6, 18, U.N. Doc. S/RES/2255 (Dec. 22, 2015) (alluding to the importance of financing in warfare); FIN. ACTION TASK FORCE, 1377

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most