Funny money.

• Author: Peters, Charles
• Position: Tilting at Windmills - Brief Article

Riggs Bank, a Washington institution for ages--its flagship branch is actually depicted on the $10 bill--was recently fined $25 million for failing to report suspicious transactions in the accounts of the embassies of Saudi Arabia and Equatorial Guinea. It seems that possible violations of rules against money laundering by Riggs had been discovered as early as 1997. Why then did the government take seven years to act? Your guess is as good as mine, but you may be interested to know that...