Big Crisis, Big Banks, Big Crimes
by Washingtons Blog
May 11th, 2014, 7:00pm
6 Years After the Financial Crisis Hit, The Big Banks Are Still Committing Massive Crimes
Preface: The “Great Recession” started in December 2007. More than 6 years later, the big banks are committing more crimes than ever.
You Won’t Believe What They’ve Done …
Here are just some of the improprieties by big banks over the last century (you’ll see that many shenanigans are continuing today):
• Laundering money for terrorists (the HSBC employee who blew the whistle on the banks’ money laundering for terrorists and drug cartels says that the giant bank is still laundering money, saying: “The public needs to know that money is still being funneled through HSBC to directly buy guns and bullets to kill our soldiers …. Banks financing … terrorists affects every single American.” He also said: “It is disgusting that our banks are STILL financing terror on 9/11 2013“. And see this. This has been going on for decades. For example, Bank of America funneled massive amounts of money to BCCI – itself connected with the CIA – and, according to the US Senate Foreign Relations Committee on Terrorism, Narcotics and International Operations, BCCI in turn funneled huge sums of money to Bin Laden and other terrorists)
• Financing illegal arms deals, and funding the manufacture of cluster bombs (and see this and this) and other arms which are banned in most of the world
• Handling money for rogue military operations
• Laundering money for drug cartels. See this, this, this, this and this (indeed, drug dealers kept the banking system afloat during the depths of the 2008 financial crisis). A whistleblower said: “America is losing the drug war because our banks are [still] financing the cartels“, and “Banks financing drug cartels … affects every single American“. And see this. This is actually a decades-old practice)
• Funding the Nazis (while we’re referring to funding the original Nazis many decades ago, the U.S. is now backing the neo-Nazis in Ukraine, and banks are undoubtedly involved in some of the support)
Continued at:
http://www.ritholtz.com/blog/2014/05/6-years-...ig-crimes/
by Washingtons Blog
May 11th, 2014, 7:00pm
6 Years After the Financial Crisis Hit, The Big Banks Are Still Committing Massive Crimes
Preface: The “Great Recession” started in December 2007. More than 6 years later, the big banks are committing more crimes than ever.
You Won’t Believe What They’ve Done …
Here are just some of the improprieties by big banks over the last century (you’ll see that many shenanigans are continuing today):
• Laundering money for terrorists (the HSBC employee who blew the whistle on the banks’ money laundering for terrorists and drug cartels says that the giant bank is still laundering money, saying: “The public needs to know that money is still being funneled through HSBC to directly buy guns and bullets to kill our soldiers …. Banks financing … terrorists affects every single American.” He also said: “It is disgusting that our banks are STILL financing terror on 9/11 2013“. And see this. This has been going on for decades. For example, Bank of America funneled massive amounts of money to BCCI – itself connected with the CIA – and, according to the US Senate Foreign Relations Committee on Terrorism, Narcotics and International Operations, BCCI in turn funneled huge sums of money to Bin Laden and other terrorists)
• Financing illegal arms deals, and funding the manufacture of cluster bombs (and see this and this) and other arms which are banned in most of the world
• Handling money for rogue military operations
• Laundering money for drug cartels. See this, this, this, this and this (indeed, drug dealers kept the banking system afloat during the depths of the 2008 financial crisis). A whistleblower said: “America is losing the drug war because our banks are [still] financing the cartels“, and “Banks financing drug cartels … affects every single American“. And see this. This is actually a decades-old practice)
• Funding the Nazis (while we’re referring to funding the original Nazis many decades ago, the U.S. is now backing the neo-Nazis in Ukraine, and banks are undoubtedly involved in some of the support)
Continued at:
http://www.ritholtz.com/blog/2014/05/6-years-...ig-crimes/
