Tighten Up Security

Security has been tightened at all of the Federal Reserve Banks and at money centers in the United States, following the U.S. led attack on Iraq.

On the first Friday after the attack eight hundred employees of the Federal Deposit Insurance Corporation working in the headquarters in Washington, D.C. had to evacuate the building after a bomb threat was received a little after 10 a.m.

Police brought in two bomb-sniffing dogs and searched the eight floor building but found nothing. People were allowed back in the building 50 minutes later.

A law enforcement spokesman advised all financial institutions to tighten up security, especially in their operations and computer areas, as these are the most likely to be the target of any terrorist action taken against the financial community. And all bankers have been advised to limit overseas travel.

Copyright © 1991 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 2, No. 1, 1/91