Gadhafi Assets News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Until there is a new leader in power that they would be able to come to this decision on their own? >> we do have to wait. it is not as if we have a collectible iou. this is something that libya would have to decide it is willing to do for the reason i mentioned. they have enormous challenges and wealth. it is an oil-rich couldn't tri. at some point, they will be able to pay that back. there is $37 billion in gadhafi assets that are frozen. they have challenges to put together a country that was destroyed by gadhafi. reasonable terms, reasonable times. it would be great good will by the americ...

They also want an outlet for oil to be i believe to sell some of oil they have. they want the gadhafi assets to be transferred to them, but these are all -- each one of these things is a legal minefield. sanctions actually work both ways. you can apply sanctions to a regime, you can freeze their assets, but it also restricts what you can do with those assets. so it's going to be very tricky to give them everything that they want. on the other hand, there's reason for them to be upbeat. for the past two weeks, the past two weeks have been very bad for colonel gaffe. he lost one of his sons. the...

I think most americans, i certainly know this from the polling data, they want the president to be deliberate about this. they're not eager to rush into a combat mission in libya, which is as secretary gates pointed out, exactly what a no-fly zone would be. those people should be respected. particularly senator mccain. when he was a pilot he flew into combat and was shot down for our country. they're serious people. they're to be respected. the people i talk to say a no fly zone and the other options are on the table. they also hasten to add we have already passed some very tough sanctions, in...

Charity. "people" reports she's one of several singers includes mariah carey and usher being pressured to return money they received from the gadhafi family. in the latest move the u.s. is hitting him hard in the wallet. the treasury department has frozen $30 billion in gadhafi assets. i'm joined by author jeffrey robinson. one of many of his books, laundry men, inside money laundering, the world's third largest business. how much are we talking about here? 30 billion frozen? >> chump change. gadhafi owns the treasury. that's his personal checking account. it could be trillions. we're talking ...