The Price of Fear: The Truth Behind the Financial War on Terror

by Warde, Ibrahim

• ISBN13: 9780520258150
• ISBN10: 0520258150
• Format: Paperback
• Copyright: 2008-11-04
• Publisher: Univ of California Pr

Summary

When the State Department claims to have struck a blow at the heart of the international terrorist finance network, even the most hardened of commentators takes the statement at face value. But as Ibrahim Warde argues in this myth-shattering book, the post-9/11 series of financial crackdowns initiated by the U.S. government has had virtually no impact on terrorism. This is because, as he demonstrates, these actions are based on a fundamental misconception of how terrorism works. Warde shows how operations such as the 9/11 attacks were actually financed, and he brilliantly juxtaposes the reality of shoestring budgets and envelopes of cash against the prevailing fantasy of a buzzing transnational network of seamless electronic transfers. Copub: I.B.Tauris Books

Author Biography

Ibrahim Warde is Adjunct Professor of International Business at the Fletcher School of Law and Diplomacy at Tufts University. He is a contributor to Le Monde Diplomatique and the author of Islamic Finance in the Global Economy

Table of Contents

Acknowledgements	p. v
Introduction: The Fog of Financial War	p. vii
The Mythology of Terrorist Financing
Fantasy, Fiction, and Terrorist Financing	p. 3
Rules of Financial Engagement
Framing the Guilty: The Financial Terrain	p. 23
The Flawed Money Laundering Template	p. 35
Narrative and Dynamics
Money and the War on Terror Narrative	p. 53
The Usual Suspects	p. 63
Dynamics of the Financial War	p. 77
War and Consequences
Targets and Collateral Damage	p. 93
"Gated Finance" and Other Contradictions of the Financial War	p. 107
The Question of Islamic Charities	p. 127
Assessments and Recommendations
"Catastrophic Successes": Assessing the Financial War	p. 153
Rethinking Money and Terror	p. 163
Epilogue: The Last Happy Warriors	p. 183
Notes	p. 197
Index	p. 253
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