Book Hour: Treasury’s War: How Bankers and Operatives Unleashed a New Era of Financial Warfare


(00:00) Author Juan Zarate is the Senior National Security Analyst for CBS News and a former Deputy Assistant to President Bush for combating terrorism. He was also the Assistant Secretary of the Treasury for Combating Terrorism and a National Security Adviser. His remarkable new book explains how the United States used its financial influence to choke financing of terrorist activities for Al Qaeda, North Korea’s criminal network, and Iran’s underwriting of terrorism worldwide. The conversation includes the concerns over privacy and constitutional protections for financial data gathering, international cooperation, and the very real threats of financial and economic sabotage. For example, did you know that Russia approached China during the recent financial crisis with a plan to jointly sell their holdings in Fannie Mae and Freddie Mac to bring the U.S. economy to its knees? We were saved when China refused to cooperate. Listen to this story and many more on one of the most interesting and fast-paced hours of radio available.

Guest: Juan Zarate
Learn more: @JCZarate1

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Music Featured:
“The Unforgiven” – Metallica

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About Author

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The Tim Danahey Show started in July, 2010 at internet station Castle Rock Radio. It started as a one-day-per week endeavor and quickly grew to five days per week. The show discusses economics, government, social issues, history, and non-fiction books in a magazine format featuring in-depth conversations with guests. Politics and inflammatory conversations are discouraged as they are divisive and counter-productive. Instead, the show seeks under-reported topics and delves into facts, different perspectives, and ramifications of each perspective.