Free Republic

Vienna "Londonistan" is the nickname given to the UK capitol in 1995 by France's counterterrorism service, partly out of frustration over the safe haven that the city offers to radical Islamist groups that have been exiled from their home countries and/or other EU nations. The year 2009 began with a story that offers a whole new dimension as to how that nickname fits better than most of us would have imagined. This past week one of the major UK banks, Lloyds TBS Group, paid $350 million to New York State and U.S. Federal authorities in an out-of-court settlement. The fine...