[mountaineer]

Bush administration passed the "know your customer" law in stealth form as part of the "Patriot" act.

The $10K reporting requirement was enacted decades ago.

[Protagoras]

The $10K reporting requirement was enacted decades ago.

Yep and it was recently made much worse with the "Patriot" act. One of the ways they justify this crap is by saying, "we have been doing this for decades", as if precedents are always good things.