Montenegro: "US Pressure" Led to Offshore Bank Blow Foreign investors and financial institutions are stunned by the authorities' decision to strip the country's offshore banking network of its privileges By Boris Darmanovic in Podgorica The Montenegrin government appears to have come under pressure from its most generous benefactor, America, to crack down on its secretive offshore banks. The move seems to have been prompted by Washington's concerns that they might be used by terrorist organisations to launder money. LOL! A six-year-old law guaranteeing the banks certain privileges until 2011 was revoked by the Montenegrin constitutional court in June, effectively outlawing...