Drug crackdown has little effect on money laundering

Los Angeles Times, 12/22/2008
In many cases, the network that turns ill-gotten gains into legal tender, crucial to operations and lavish lifestyles, continues to spin unhindered.
You can arrest thousands of [traffickers] but if you don’t touch the financial enterprises, the business just goes on . . . and becomes more violent,
said Edgardo Buscaglia, an expert on [...]

Cash crunch cuts short odysseys

Houston Chronicle, 12/21/2008
For years, caravans of immigrants have jammed southwest border crossings while returning to Mexico and Central America for a holiday vacation, their cars and trucks crammed with gifts for their extended families.
But this year, the U.S. economic meltdown has cut into this festive holiday odyssey as fewer immigrants can afford to make the [...]