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SEC backs down on terror link

Sunday, July 22nd, 2007

Maybe it seemed like a good idea at the time. But then, it was so stupid and flawed that the time must have been 2am! Pilloried by congressmen and the banking industry, the Securities and Exchange has decided to suspend its web site linking companies to state sponsors of terrorism of Cuba, Iran, North Korea, Sudan and Syria.

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The SEC’s stupid terror blacklist

Sunday, July 15th, 2007

The US administration’s paranoid obsession with terrorism has gone too far with the Securities and Exchange Commission’s link on state sponsors of terrorism like Iran and North Korea. There are companies on that list that no longer do business with those countries, or are winding back their involvement.

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