CitiBank Lapses Linked to Possible Money Laundering
GAO says CitiGroup and Commercial Bank of San Francisco allowed about 1 billion dollars in potentially illicit Eastern European transfers. The report cites weak controls and the need for enhanced tracking to prevent money laundering through U.S. banks. Citibank says it closed the questioned accounts and strengthened procedures.
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Michigan seeks to defend affirmative action in admissions
The University of Michigan faces two lawsuits over race-conscious admissions. The university argues diversity is essential to education while defending its policies as fair and legal. The case could reach the Supreme Court, affecting college practices nationwide.
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Patrick Duggan
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Association of American Colleges and Universities
Stamp to honor Eid al Fitr planned by USPS
The U S Postal Service will issue a stamp next year to recognize the Muslim holiday Eid al Fitr ending Ramadan. Omar Ahmad of CAIR calls it a sign of Muslim presence in America. The stamp by Mohammed Zakariya features Eid mubarak in gold on blue.
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Hill
Luna
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Omar Ahmad
The
Council On American-Islamic Relations
Lington
Mohamed Zakariya
Eid Mubarak
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