Notice this piece talks about what the US government CAN DO. Not what they HAVE DONE. This opens the door for the Obama administration to truly go after North Korean financial networks and the front companies that support them.The question is, and this is an important question…Will the Obama administration actually use the power these new sanctions authorize?
From: David Maxwell <David.Maxwell@georgetown.edu>
Date: Tue, Jan 13, 2015 at 5:07 PM
Subject: U.S. takes aim at North Korea's remaining financial links
New sanctions announced by President Barack Obama on Jan 2. provided "a tremendous amount of flexibility" and the goal was to identity remaining financial institutions that allowed North Korea access to the global system, which could face sanction themselves, Glaser told a House of Representatives briefing."We could target any North Korean government agency; we could target any North Korean government official ... we could apply sanctions with respect to any individual or entity who is providing them, in turn, material support," he said.