Jimmy Gurulé - Notre Dame Media Legend 2014

Transcript

1. "Unlike its predecessor al Qaeda, which raised money
   principally from external sources ... ISIS is principally,
   primarily self-funded," Jimmy Gurulé, a former U.S. Treasury
   undersecretary, told CNN's "The Lead with Jake Tapper" on
   Thursday.
   

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2. Jimmy Gurulé, a Notre Dame law professor who served from 2001 to 2003 as
   the Treasury Department’s under secretary for enforcement, a post that
   oversees the Office of Foreign Assets Control, said there was a strong
   argument that every stage of the process be counted as a “proceeding”
   because the statute was written broadly, meaning that the FISA notice law
   should apply from the start.
   U.S.
   Debate Brews Over Disclosing
   Warrantless Spying
   By CHARLIE SAVAGE SEPT. 30, 2014
   

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3. The small number of Islamic State terrorist designations is "deeply disturbing,"
   said Jimmy Gurulé, a professor at Notre Dame Law School.
   "I have a very basic, fundamental question. Who is the finance minister for
   ISIS? Who is he, and why is he not on the Treasury Department list?" said
   Gurulé, who held a similar position to Cohen in the George W. Bush
   administration.
   

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4. However, Jimmy Gurulé, a professor of law at the University of Notre
   Dame Law school, who served as an expert consultant for the plaintiffs in
   the Arab Bank case, and is serving in a similar role in another case, said
   the verdict’s impact could be limited by the apparent egregiousness of
   the facts. For example, he pointed to plaintiff allegations that Arab Bank
   didn’t merely provide routine financial services to Hamas, it engaged
   with a Saudi charity and the U.S.-designated group to provide benefits to
   the families of suicide bombers.
   

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5. Jimmy Gurulé is a former
   Treasury Department
   official who now teaches at
   Notre Dame Law School.
   JIMMY GURULÉ : It goes
   back to a very fundamental
   principle, a very
   fundamental concept called
   Know Your Customer.
   

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6. “You’re not going to sue the terrorists, because they have no assets,” said
   Jimmy Gurulé, law professor at the University of Notre Dame, who
   formerly worked at the U.S. Treasury Department, where he helped
   develop the strategy to combat terrorist financing.
   

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7. Michael Tomasky of the Daily
   Beast and University of Notre
   Dame Law professor Jimmy
   Gurulé debate whether the U.S.
   should negotiate with terrorists.
   

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8. Economic sanctions spare
   Western-tied Russian fund
   "We can't have a situation where a business entity is immune
   from (sanctions) designation because it does some good
   things and some bad things," said Jimmy Gurulé, a senior
   Treasury Department enforcement official in the Bush
   administration and law professor at Notre Dame University.
   

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9. “Collecting billions of benign
   telephone records will not make
   us safer,” said Jimmy Gurulé, a
   former assistant U.S. attorney
   general who teaches law at the
   University of Notre Dame.
   “Instead, the focus should be on
   the intelligence agencies doing a
   better job of sharing
   counterterrorism intelligence
   information. The time has come
   to rein in the surveillance state.”
   

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10. “While the verdict is
    important, the Arab Bank case
    is unique,” University of Notre
    Dame law professor Jimmy
    Gurulé told IBTimes. “No
    pending [Anti-Terrorism Act]
    cases filed against other
    foreign banks involve such an
    egregious set of facts,” he said.
    

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11. “The bag men, the money launderers and drug syndicates always
    look for the path of least resistance,” said Notre Dame law professor
    Jimmy Gurulé, a former top Treasury official for terrorism and
    financial intelligence.
    

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12. The bank is expected to admit criminal wrongdoing and pay a fine of $8
    billion to $9 billion. Jimmy Gurulé, a professor of law at Notre Dame, says
    such a settlement would be unprecedented in several ways.
    JIMMY GURULÉ : The amount of the fine will be the largest ever imposed
    against a bank for violating U.S. economic sanctions.
    

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13. "Changing the culture of corruption in Ukraine has to be viewed
    realistically, as a long-term, perhaps even generational, endeavor,"
    said Jimmy Gurulé, a professor at the University of Notre Dame's
    law school and a former Treasury Department enforcement chief.
    

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14. Another former Treasury official who handled anti-money laundering issues
    under Bush, Jimmy Gurulé, said FATF member states should not participate
    in the meeting.
    "The invasion of Crimea is a blatant act of aggression, a serious crime under
    international law. Russia should not be rewarded for (Putin's) criminal acts
    by being permitted to host a plenary session of FATF," said Gurulé, now a
    law professor at the University of Notre Dame in Indiana.
    

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15. "Entrapment is often raised but seldom successful,"
    said Notre Dame University law school professor
    Jimmy Gurulé, a former federal prosecutor and high-
    ranking U.S. Department of Justice official under
    President George H.W. Bush.
    

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16. Despite those egregious facts, it appears that no person, no bank
    official, no bank employee, not a single one, is going to be held
    personally accountable for the scandal," said former Treasury
    Department official Jimmy Gurulé, now a professor at Notre Dame
    University's law school.
    

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17. Jimmy Gurulé, a law professor at the University of Notre Dame, said such
    lawsuits are likely to spread.
    “The verdict in the Arab Bank case is likely to embolden plaintiffs,” Gurulé
    said. “They think that if the jury was willing to find against a bank in the
    Arab Bank case, they’ll find against banks in a similar case.”
    

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18. The JPMorgan settlement, coupled
    with a recent settlement by HSBC
    (HBC), demonstrates that the DOJ
    “does not intend to hold any bank
    officials accountable for facilitating
    money laundering through their
    financial institutions,” said Jimmy
    Gurulé, who is a professor at the
    University of Notre Dame and
    previously worked as a former
    assistant U.S. Attorney General and
    Treasury Department
    undersecretary.
    

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19. The US government launches a new international campaign to
    defeat Islamic State (IS), with the group's funding a key target. The
    man who masterminded the Bush administration's efforts to
    combat Al Qaeda - Jimmy Gurulé - tells us IS will be a much tougher
    opponent.
    

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20. "Entrapment is often raised but seldom successful," said Notre Dame
    University law school professor Jimmy Gurulé , a former federal
    prosecutor and high-ranking U.S. Department of Justice official under
    President George HW Bush, told AP.
    FBI Threw ‘Millions’ At Raymond
    ‘Shrimp Boy’ Chow In Chinatown Sting
    

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21. The case faces major obstacles, said Jimmy Gurulé, a Notre Dame
    University law professor. The Anti-Terrorism Act does not specifically
    permit conspiracy claims, and federal courts in New York have
    previously refused to permit cases to proceed unless they allege a
    direct link between banks and militant attacks.
    

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