Feds order HSBC to boost money-laundering controls
But we’ll have none of those tacky criminal indictments, just more wrist-slaps and fines. After all, we can’t be roiling the markets by implying that banksters are gangsters. Oh, wait…
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Tag money laundering
Vatican Bank facing money laundering probe
Italian authorities seized $30 million from a Vatican bank account Tuesday and said they have begun investigating top officials of the Vatican bank in connection with a money-laundering probe. The Vatican said it was “perplexed and surprised” by the investigation.…
HSBC USA in money-laundering probe
But of course there will be no criminal prosecutions. Gasp, that would be bad for the markets. So, it’ll be a a slap-on-the-wrist fine for HSBC and little will change. This is what happened with Western Union, Wells Fargo and…
What benefits does the US get from drugs being illegal?
Insurgent Consciousness Drug money funds much of the operations of the main antagonists to American foreign policy including the FARC, the Mexican cartels, Al Qaeda, and the Taliban. Drug profits are so high for the simple fact that the US…
Banks financing Mexico drug gangs admitted in Wells Fargo Deal
The corruption and rot is at the core of our financial system. Large US banks are funneling money to Mexico drug cartels. But there are no criminal prosecutions, just civil. Do we still have rule of law here or is…