Wednesday, May 4, 2011

The Financial Fallout Of Osama Bin Laden’s Death - Nathan Vardi - The Jungle - Forbes

The Financial Fallout Of Osama Bin Laden’s Death - Nathan Vardi - The Jungle - Forbes: "Osama bin Laden’s financial firepower was always one of his biggest assets. He was a member of a fabulously wealthy Saudi family who started his terrorist career as a financier of holy warriors. He later morphed into an iconic brand for terrorist bad guys looking to attract muscle or money to their twisted cause.

The death of Bin Laden will likely serve as a short-term fundraising boon for a terror group that traditionally relied on donations, boosting al Qaeda’s money-raising efforts in the coming weeks. But in the long run Bin Laden’s absence will complicate al Qaeda’s financial operations. His death denies the group its most unifying figure and the effective pitch of an elusive and seemingly invulnerable leader."

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