You don't say! Well, if you're a liberal, this would be huge news. But it appears only the New York Daily News feels it a vital enough story to publish.

It seems that a Chinese national has been caught red handed setting up dummy corporations in order to effect the transfer of technology to Iran that can be used to build a nuke:

The Manhattan district attorney's office has smashed a sinister plot to smuggle nuclear weapons materials to Iran through unwitting New York banks, the Daily News has learned.

Officials plan to unseal a 118-count indictment Tuesday accusing a Chinese national of setting up a handful of fake companies to hide that he was selling millions of dollars in potential nuclear materials to Tehran.

"This case will cut off a major source of supply to Iran and it shows how they are going ahead full steam to get a nuclear bomb. Long-range missiles they pretty much have already," a law enforcement source close to the case said.

"We think it is one of the largest suppliers of weapons of mass destruction to Iran."

Experts say Iran, under the leadership of President Mahmoud Ahmadinejad, appears close to amassing enough nuclear material to make an atom bomb. A United Nations embargo bans Iran from acquiring the high-tech metals needed to make a long-range nuclear weapon a reality.

The indictment will outline the financial conspiracy behind 58 different transactions, including shipments of various banned materials from China to Iran between 2006 and late 2008.

• 33,000 pounds of a specialized aluminum alloy used almost exclusively in long-range missile production.
• 66,000 pounds of tungsten copper plate, which is used in missile guidance systems.
• 53,900 pounds of maraging steel rods, a superhard metal used in uranium enrichment and to make the casings for nuclear bombs.