The Counter-Money Laundering Act: An Attack on Privacy and Civil Liberties: “In other words, American financial institutions would have to violate their customers’ financial privacy or assume liability for their patrons’ potentially illegal business. In effect, these bills would force banks to spy on their customers. Furthermore, banks would employ computer software to make customer ‘profiles,’ and then could share this information with affiliates or sell it to third parties in order to recover the cost of data collection.”