Global banks are the financial services wing of the drug cartels
As HSBC executives apologise to the US Senate for laundering drugs money, the fact is that nothing changes
The Observer (UK)
Sunday, July 22, 2012
Sunday, July 22, 2012
Last week, managers from Britain's biggest bank, HSBC, lined up before the Senate's permanent sub-committee on investigations. Europe's largest bank ignored warning signs about money-launderers. The notion of any dichotomy between the global criminal economy and the "legal" one is fantasy. Worse, it is a lie. They are seamless, mutually interdependent – one and the same.
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