Cutting off the U-turns

U.S. Department of the Treasury Under Secretary for Terrorism and Financial Intelligence Stuart Levey yesterday released the words that go with the deed...

...we have shared information with foreign governments and financial institutions about how Iran is using its banks to finance its nuclear and missile programs and terrorist groups. We have provided reliable information to back up our words, demonstrating that even seemingly benign business with Iran should be cause for concern.

And the deed, revoking the "U-Turn" financial license for Iran is now policy.

This is just another stroke in the duel, but a well-struck one.