Terror Incorporated: Tracing the Dollars Behind the Terror Networks
In Terror Incorporated, Loretta Napoleoni maps out the arteries of an international economic system that feeds armed groups the world over. Chasing terror money, she takes the reader from CIA headquarters to the smuggling routes of the Far East, from the back rooms of Wall Street to hawala exchanges in the Middle East.
Napoleoni describes the "New Economy of Terror," "a fast-growing international economic system with a turnover of about $1.5 trillion [that] is challenging Western hegemony. It is made up of illegal businesses such as arms and narcotics trading, and oil and diamond smuggling, as well as charitable donations and legal profits." Napoleoni reveals the interdependency between economies run by armed groups and western economies. As in the Crusades, religion is simply a recruitment tool; the real driving force is economics.
"Penetrating, lucid and essential." —Harry Porter, author of Empire State
"Napoleoni has accomplished an extraordinary task of research in tracking, finding, and graphically describing the financiers and the institutions supporting global terrorism, including al Qaeda and Osama bin Laden." —John K. Cooley, author of Unholy Wars
"This thoughtful and incisive inquiry yields much insight into some of the most important issues of today, and tomorrow." —Noam Chomsky
"A masterpiece … This book should be required reading for everyone in the White House, State Department, and Pentagon." —Greg Palast, author of the New York Times bestseller The Best Democracy Money Can Buy and The Jokers Wild: Dubyas Trick Deck playing cards
About Loretta Napoleoni
Loretta Napoleoni is the author of the bestselling book Rogue Economics: Capitalism's New Reality, which has been translated into fourteen languages, and Terror Inc.: Tracing the Money Behind Global Terrorism, which has been translated into twelve languages. One of the world's leading experts on money laundering and terror financing, she has worked as London correspondent and columnist for La Stampa, Corriere della Sera, La Repubblica, El País, and Le Monde. A former Fulbright scholar, she holds an MA in international relations and economics from Johns Hopkins University, and an MPhil in terrorism from the London School of Economics. For her work as a consultant for the commodities markets, she traveled regularly to Pakistan, Turkey, Iran, Iraq, Syria, and other Middle Eastern countries, where she has met top financial and political leaders. She lives in London.