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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (62726)	1/16/2001 10:10:52 PM
From: Tom Byron	Read Replies (1) \| Respond to of 116789

gold smashed to bits:........:( dailynews.yahoo.com

To: Claude Cormier who wrote (62726)	1/17/2001 8:06:17 AM
From: long-gone	Respond to of 116789

If they can't put money in the bank then gold in their homes? Clinton Plan Designed to Deter Corruption MoneyNews.com Wires January 16, 2001 NEW YORK -- The Clinton administration is to announce Tuesday new voluntary measures that banks can take to keep foreign leaders and associates from hiding money in the United States. The New York Times says the guidelines are the result of a compromise between leading banks and law enforcement officials. African, Asian, Latin American and Russian government officials and criminal leaders have often used leading U.S. banks, including giants like Citigroup, to manage their money. Congressional investigators, for example, found that Citigroup has held assets for the sons of Nigerian dictator Sani Abacha, who died in 1998. U.S. officials hope the new measures will deter corruption in developing nations because political leaders will find it harder to channel illicit wealth into ordinary investments. They suggest that banks apply "enhanced security" to accounts linked to foreign leaders and that the banks determine whether the leader's salary or known wealth explain the size of the deposits. The banks are advised to watch carefully for any suspicious transactions on those accounts, such as irregular wire transfers and dealings with secretive financial havens. They are told to notify authorities when suspicious activities occur. The guidelines are modeled on steps the Swiss government has taken recently to make its banks less attractive havens for ill-gotten wealth than they once were. (C) 2001 UPI All Rights Reserved. newsmax.com