-Caveat Lector-

4:09 PM - THE NEW YORK TIMES
<Picture: Check it out!>Top Mexican Off-Limits to U.S. Drug Agents
Early last year, as undercover U.S. Customs agents neared the end of the
biggest investigation ever conducted into the illegal movement of drug money,
bankers working with Mexico's most powerful cocaine cartel approached them
with a stunning offer. . .    The agents, posing as money launderers from
Colombia, had insinuated themselves deeply into the Mexican underworld,
helping the traffickers hide more than $60 million. Now, money men working
with the cartel said they had clients who needed to launder $1.15 billion
more. The most important of those clients, they said, was Mexico's powerful
defense minister. . .    The customs agents didn't know whether the money
really existed or if any of it belonged to the minister, Gen. Enrique
Cervantes, officials said. But having heard about American intelligence
reports pointing to corruption at high levels of the Mexican military, the
agents were mystified by what happened next. . .    Rather than continue the
undercover operation to pursue the deal, Clinton administration officials
ordered that they shut it down on schedule several weeks later. No further
effort was ever made to investigate the offer, and officials said prosecutors
have not even raised the matter with the suspects in the case, who have
pleaded guilty and are cooperating with the authorities. . .    "Why are we
sitting on this kind of information?" asked the former senior customs agent
who led the undercover probe, William F. Gately. "It's either because we're
lazy, we're stupid, or the political will doesn't exist to engage in the kind
of investigation where our law-enforcement efforts might damage our foreign
policy." . . .

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