Sunday, November 4, 2012

Caught out – who cares? Morality is worth ??

HSBC to face £1bn fines over money-laundering

"HSBC is set to face a final bill for fines as high as $1.5bn (£937m) for the “shameful and embarrassing” US money-laundering scandal that has engulfed Britain’s biggest bank". (OK, and how did you think that drug debts and payments for child trafiking get settled?). "HSBC refused to comment." See also Sky breaking news...

Posted by alan @ 08:56 PM (1230 views)
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One thought on “Caught out – who cares? Morality is worth ??

  • Banks Financing Mexico Gangs Admitted in Wells Fargo Deal …
    http://www.bloomberg.com/news/2010-06-29/banks-financing-mexico-s-drug-cartels-admitted-in-wells-fargo-s-u-s-deal.html …29 Jun 2010 – The smugglers had bought the DC-9 with laundered funds they … Corp. and Bank of America Corp., Bloomberg Markets magazine reports in its August 2010 issue. … Wells Fargo & Co., which bought Wachovia in 2008, has admitted in … The U.S. has pledged Mexico $1.1 billion in the past two years to aid …

    BASICALLY, THEY LAUNDERED ENOUGH DRUG CASH TO EQUAL OVER 1/3 OF MEXICAN GDP. GOT A SLAP ON THE WRIST, BECAUSE THEY WERE, AS HSBC ARE, WORKING FOR THE GOVERNMENT, CIA / MI5.

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