Image by David Castillo Dominici / freedigitalphotos.net *
Spain-based investigative journalist Daniel Estulin, on Spanish-language RussiaToday television, interviews Dennis Small, Ibero-American editor of the LaRouche movement’s EIR, co-author of Dope, Inc., and an American political prisoner from 1989-1991.
“Las drogas son el gran problema global de la civilización actual.
Los gobiernos aparentan combatir ese flagelo
pero la situación no mejora.”(1)
Image by Stuart Miles / freedigitalphotos.net *
Is Obama Justice Department planning to let drug-bank HSBC off
with just a fine, and no criminal charges?
LaRouchePAC
August 26, 2012
Two reports out today indicate that the U.S. Justice Department is cooking up a deal to let HSBC — which the world knows as the leading British drug bank — avoid criminal prosecution by paying a fine of at least $700 million and perhaps as large as $1 billion. Such a fine — no big deal for a bank of HSBC’s size — is a far cry from criminal prosecution and terminating the bank’s license to operate in the U.S., which the Senate Permanent Investigations Subcommittee report, issued in July, suggested should be done.
Image: freedigitalphotos.net *
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Time to Shut Down the Dope Banks!
by LaRouchePAC
The list of banks caught for money laundering in recent years is impressive. We can name quite a few off the tops of our heads—HSBC, Wachovia, Barclays, RBS’s and the Queen’s Coutts, ING, Lloyds TSB, Bank of America, Riggs, and American Express—and there are undoubtedly many more. Continue reading
Former Hong Kong & Shanghai Bank – Nagasaki Branch (now Museum) / Wikimedia
“The Hongkong and Shanghai Banking Corporation (now HSBC) was the central bank for the British Empire’s Opium War and never stopped laundering drug money”
“The study makes clear that, while many other banks may be engaged in similar practices, it appears that HSBC facilitates money laundering on a global scale that vastly surpasses other banks.” – LaRouchePAC (1)
Image by Jeroen van Oostrom / freedigitalphotos.net *
“HSBC’s involvement in drug money laundering also has implications for the Obama administration. In December 2011 the New York Times reported on the Department of Justice’s involvement in drug money laundering. Immediately, the House Oversight and Government Reform Committee, which is investigating Operation Fast and Furious, announced that it was going to expand its investigation of gunwalking to the Mexican Sinaloa drug cartel to now include drug money laundering, but the Department of Justice refused to cooperate.” LaRouchePAC
