Breaking News - BWHAHA - WACHOVIA IN DRUG MONEY LAUNDERING PROBE

Some have struck agreements with the government to improve their efforts to fight money laundering, avoiding prosecution. A spokeswoman for Wachovia, Christy Phillips-Brown, said, Wachovia is committed to maintaining a strong anti-money-laundering program. The governments latest assault on drug-money laundering focuses on casas de cambio, or money-exchange houses, which dot the U.S.-Mexico border to facilitate workers remittances and other cross-border transfers.

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