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Just who is Quazi Mohammad Rezwanul Ahsan Nafis, the suspect in the bomb plot targeting the Federal Reserve Bank in Lower Manhattan? Prosecutors said he formed his plan to attack the U.S. even before he left Bangladesh.
Quazi Mohammad Rezwanul Ahsan Nafis was arrested Wednesday in an FBI sting operation. A criminal complaint said he made several attempts to blow up a fake 1,000-pound the bomb inside a vehicle parked next to the Federal Reserve.
Quazi Nafis was arrested by the FBI Wednesday after making several attempts to detonate a fake 1,000-pound bomb inside a vehicle parked next to the Federal Reserve on Liberty Street, according to a criminal complaint.
Sources said officials want to question several people, including a co-conspirator Nafis talked to about the plot. That person was arrested Wednesday in San Diego on unrelated child porn charges.
Schumer said the student visa Nafis obtained from a Missouri university is legitimate, but said his quick transfer to a university in the city should have raised a red flag.
Bloomberg said this incident should remind New Yorkers to not become complacent.
According to a federal complaint, Quazi Nafis was aware a bomb planted outside the Federal Reserve Bank would likely cause the deaths of many people, including women and children.
Quazi Mohammad Rezwanul Ahsan Nafis is charged with attempting to use a weapon of mass destruction. He is currently being held without bail and, if convicted, faces life in prison.
While giving the FBI and other law enforcement agencies credit for thwarting a bomb plot against the Federal Reserve Bank in Lower Manhattan, New York City Police Commissioner Ray Kelly said the threat of terrorism will be "with us for a long time."
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Oil analyst Peter Beutel says prices are dropping and they should be reflected at the pump soon.
Oil company earnings won't drive down prices at the gas pump, but one oil analyst has an idea about what might.
Volcker says the nation's growing debt level is an urgent issue, warning the country could reach a "tipping point'' if debt gets too high.
We used to hear that when the summer ends, gas prices go down, right? Wrong!
Global stock markets staged an explosive rally Thursday, embracing a move by the Federal Reserve to try to rejuvenate the U.S. economy by buying $600 billion in Treasury bonds.
Traders' uncertainty has put a big September rally on hold, at least momentarily, before the central bank's meeting Tuesday.
The stock market had a big comeback Tuesday after the Federal Reserve calmed investors' nerves by announcing it would take small steps to stimulate the economy.
The stock market had a big comeback Tuesday after the Federal Reserve calmed investors' nerves by announcing it would take small steps to stimulate the economy.
