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Evil Money : Encounters Along the Money Trail
by Rachel Ehrenfeld

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Reviews

Editorial Reviews (2)   Be the first person to review this book!
Editorial Reviews

>From Kirkus Reviews  , June 1, 1992
Ehrenfeld, a research scholar at NYU Law School and author of Narcoterrorism
(1990), ineffectively details several major cases involving money laundering
and governmental corruption. In 1981, Ehrenfeld says, Los Angeles banks
reported a $341 million cash surplus. In 1991, after L.A. became a
money-laundering center, this increased to $5 billion--and Miami and Atlanta
banks experienced similar cash booms. Here, the author maps the connection
between cash and corruption, outlining three extended case histories, and
several shorter ones, that show how this availability of cash has corrupted
bank officials--and even whole governments, as with Lyndon Pindling's regime
in the Bahamas. Colombia has become a ``narcocracy,'' contends Ehrenfeld, who
offers examples of former American officials involved in money laundering.
She also examines the case of Elizabeth Kopp, a former Swiss minister of
justice forced to resign because she warned her husband that his company was
under investigation for money laundering. Ehrenfeld is apparently an expert
on this sort of expos‚, but her expertise rarely shines through the mass of
rather diffuse detail. The chapters are of highly irregular quality: that on
Pindling seems secondhand, and, in the Swiss section, Ehrenfeld puts herself
in the narrative, often giving her personal opinion on matters that should be
dealt with more substantively. She seems to disdain any but the most
perfunctory characterization and has an unerring eye for the banal detail: A
salmon served by the Kopps ``tasted as good as it looked.'' Ehrenfeld seems
more interested, and readers will be too, when she outlines links between
BCCI, oil money, the Abu Nidal organization, and South American
narcoterrorists or guerrilla groups such as Peru's Shining Path. Lifeless and
uneven, padded with platitudes (``drug- trafficking is an evil acknowledged
by all nations'') and minutia. -- Copyright ©1992, Kirkus Associates, LP. All
rights reserved.

Synopsis
An investigation into the BCCI scandal describes the money launderers
themselves, the top government officials, the law-enforcement agencies, the
criminals, the guilty bystanders, and others involved. 15,000 first printing.
National ad/promo.
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