Blood from Stones: The Secret Financial Network of Terror

by Douglas Farah

Book Overview

In the aftermath of 9/11, President Bush froze all terrorist assets in traditional financial institutions and money channels. But Al Qaeda and other terrorist groups have long followed a... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0767915623
• ISBN13: 9780767915625
• Release Date: May 2004
• Publisher: Broadway Books
• Length: 225 Pages
• Weight: 1.05 lbs.
• Dimensions: 0.9" x 6.4" x 9.5"

Customer Reviews

Great, Informative Book

This is a fantastic book for everyone interested in Africa, the diamond trade, or the money trail fueling global terrorist activity. The author takes the reader through the many webs of terrorist financing, including key personalities involved in the trade of diamonds and other precious stones. In addition, the author covers several civil wars in Sierra Leone, Liberia, and Congo, which provides a great background to those conflicts. The author traveled extensively throughout Africa and the Middle East to follow the money trail. Farah is an excellent writer who writes in a clear and concise manner. This is an impossible book to put down. Academics and as well as lay people will find this book valuable. In fact, the American people should rush out and buy this book.

Required reading

Blood from Stones By Douglas Farah If the 9/11 Commission's report on intelligence shortfalls prior to 9/11 was hailed for its scope and completeness, it nonetheless failed to recognize the considerable role played by black market diamonds in al Qaeda's pre-attack strategic planning. Indeed, the report specifically downplays the activities of a small but clearly committed cadre of Qaeda operatives who bought millions of dollars worth of illegally mined diamonds from warlords in Liberia and Sierra Leone, saying reports of the group's use of African "conflict diamonds" lacked "persuasive evidence." Given the secretive nature of the diamond business and the physical isolation and insecurity of Sierra Leone's and Liberia's interior (where most of the diamond deals were done), the commission's researchers might have been forgiven this omission, especially if other sources of information had not existed. But this was not the case. In fact, an exceptionally well researched record of al Qaeda's African diamond operations did exist. It was not buried in sensitive intelligence documents or stored on inaccessible government computers. It was all in the public record - specifically in the archives of The Washington Post, in two years' worth of articles by Douglas Farah that formed the backbone for his stunning book Blood from Stones. That Farah's painstakingly researched portrait of al Qaeda's (indeed, many of the world's major terror groups') secret financial network was willfully dismissed by the commission is in large part a reflection of the powerful culture of denial in the American intelligence community - a culture the commission rightly detailed as partly responsible for pre-9/11 failures. Fortunately for policy makers and readers interested in the shadowy regions of the global financial system, Farah's book offers an critical analysis of al Qaeda's strategic motives for buying diamonds, as well as the networks the group and its affiliates used to quickly and quietly move immense sums of cash around the world. Farah's reporting is sharp, incisive and personal, informed by an impressive array of documents and interviews with American, European and other intelligence officials, as well as Farah's own on-the-ground reporting in Liberia, Sierra Leone, the Gulf, Pakistan, Europe and Washington. Blood from Stones reads like a classical primer on investigative journalism. From Farah's serendipitous discovery of the link between al Qaeda and West Africa (a Liberian source recognized several al Qaeda operatives in a post-9/11 issue of Newsweek that Farah had brought to a meeting) to his journeys to Sierra Leone's diamond fields, the hushed diamond buying rooms of Antwerp and Brussels, and the bustling souks and markets of Pakistan and Dubai, Blood from Stones is written with a precision verging on scientific. But perhaps more impressive than the bibliography of documents and intelligence files are Farah's interviews with current and former govern

A Must Read

Farah's expose of Al Qaeda buying blood diamonds in West Africa is as important as it is frightening. Farah tells us how the CIA tried to discredit the story because they didn't discover it themselves, in spite of several attempts on the part of potential informants to give them information. But the book is much broader than that. From blood diamonds in Africa to gold in Dubai to the hawala system in Pakistan to Muslim charities in the US, Farah provides us with the most complete explication of how terrorist finances really work and why we have had so little success in cutting off the flow of terrorist money. This book is a must read, especially now that the CIA has been forced to back track and acknowledge that Farah was right.

Breakdown in Understanding Financing of Terrorists

Disturbing is an understatement when I try to come to grips with the American intelligence community?s failure to understand the complex financial workings of al Qaeda pre and post 9/11.Award-wining investigative reporter for the Washington Post as well as other publications, David Farah delivers an outstanding expos? in his book Blood From Stones of just how extensive this financial network spreads itself throughout the world, something akin to an octopus with its multitude tentacles.In 2000? Farah was named as the Post?s West African chief. It is little wonder that he had to flee for his life from the Ivory Coast, where he had been stationed, if the information he uncovered and revealed in Blood For Stones is any indication of his findings.Prior to 9/11, tracking down the financial networks of terrorist groups was given very low priority within the western intelligence agencies. In fact, when it finally began to show up on their radar screens indicating how vital financing was to the lifeblood of these groups, many in the intelligence community were caught in a state of disarray.It also depicted just how uncreative these intelligence agencies were when its members failed to understand the mentality and culture of these various groups.Farah?s findings divide itself into nine chapters, each of which deals with different aspects of the intricate architecture of the financing of terrorists organizations. Using historical narrative peppered with hard investigative facts, the author effectively succeeds in divulging just how far and deep the system has extended.Beginning with the terrorists? forays into the diamond fields of Liberia and Sierra Leone, and how money is exchanged for diamonds in order to escape the conventional banking system, readers are subsequently apprised of other avenues of creative terrorist financing.We learn how charitable organizations, individuals, and businesses funnel millions of dollars to the coffers of al Qaeda as well as other terrorist organizations as Hamas, Hezbollah and the Muslim Brotherhood, who incidentally, contrary to some wide held belief, do in fact collaborate with one another.How small-time scams and petty crimes committed by terrorist sympathizers in the United States help their cause. These crimes include skimming the profits from drug sales, stealing and reselling baby formula, illegally redeeming large quantities of grocery coupons, stealing credit card numbers, and many more.Farah also explains to the reader that one of the vital ingredients of the system of financing of terrorists is the ?hawala.? One built on trust, family relationships and regional affiliations - a concept foreign and little known to the intelligence community. According to the author, ?hawala? means to change or transform, and also carries a connotation of trust. The money that flows through it often actually does not move at all. The author?s superb investigative skills do not shy away from the difficult realities exposing the in

A true 5-star performance

This is an amazing piece of work from a man who has risked it all to get the facts that weave together this masterful story. It's style makes it an enjoyable and hard to put down, though its content is not that of the usual quick-and-easy read. It is the perfect book for those interested in the facts behind terrorism.