Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bond_bubble who wrote (54259)	2/19/2006 4:34:58 PM
From: shades	Respond to of 110194

DJ US Treasury Freezes Assets Of Grp With Alleged Hamas Ties WASHINGTON (Dow Jones)--The U.S. Treasury Sunday blocked accounts of KindHearts, an NGO operating out of Toledo, Ohio, to ensure the preservation of its assets pending further investigation. The action freezes any assets KindHearts may have under U.S. jurisdiction and prohibits U.S. persons from engaging in transactions with the NGO, or non-governmental organization. "KindHearts is the progeny of Holy Land Foundation and Global Relief Foundation, which attempted to mask their support for terrorism behind the facade of charitable giving," Stuart Levey, Treasury Undersecretary for Terrorism and Financial Intelligence, said in a statement Sunday. "By utilizing this specialized designation tool, we're able to prevent asset flight in support of terrorist activities while we further investigate the activities of KindHearts," he said. Treasury said KindHearts officials and fundraisers have coordinated with Hammas leaders and made contributions to Hamas-affiliated organizations. -By John Connor, Dow Jones Newswires; 202-862-9273; John.Connor@dowjones.com (END) Dow Jones Newswires February 19, 2006 09:47 ET (14:47 GMT)