Jimmy Gurulé - Notre Dame Media Legend 2014

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December 01, 2014
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Jimmy Gurulé - Notre Dame Media Legend 2014

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Notre Dame News

December 01, 2014
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  1. 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.
  2. 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
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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.”
  10. 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.
  11. 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.
  12. 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.
  13. 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.
  14. 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.
  15. 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.
  16. 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.
  17. 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.”
  18. 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.
  19. 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.
  20. 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
  21. 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.