Colby's article was probably about as balanced as you can be when the immediate, direct audience is the anti-money laundering crowd and those tasked with compliance. I think it's great that the web address is moneylaundering.com instead of antimoneylaundering.com.

Money laundering is a pejorative term to begin with because it insinuates that the participants do not have certain inherent rights to financial privacy. The Jews "laundered" their money to Switzerland in order to escape Hitler's holocaust.  Come on, people!  Financial privacy is a fundamental human right that has been consistently eroded and violated by governments.  We must take a step back and comprehend that "secrecy" does not mean "concealment", but rather that "secrecy" means "privacy" in its most basic sense.