Image by scottchan / freedigitalphotos.net*
“With charges from the OCC,
JP Morgan follows world major banks
Standard Chartered, Citigroup and HSBC,
suspected of money-laundering.”- RT
1999: Encounter between New York Stock Exchange President Richard Grasso and Raul Reyes, Commander of Colombia’s FARC / El entonces presidente de la Bolsa de Nueva York, Richard Grasso, y el comandante de las FARC, Raúl Reyes se abrazan durante un encuentro en junio de 1999 / Image: iarnoticias.com (1)
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America’s Secret Deal with the Mexican Drug Cartels
By Tom Burghardt
Global Research
September 3, 2012
In a story which should have made front page headlines, Narco News investigative journalist Bill Conroy revealed that “A high-ranking Sinaloa narco-trafficking organization member’s claim that US officials have struck a deal with the leadership of the Mexican ‘cartel’ appears to be corroborated in large part by the statements of a Mexican diplomat in email correspondence made public recently by the nonprofit media group WikiLeaks.
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.
From Jim Willie… (1)
News come from a Hat Trick Letter subscriber who works at BNParibas in London. He wrote in early August:
“US authorities now going after RBS and Standard Chartered for money laundering. Continue reading
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
Image: Erythroxylum coca by H. Zell / Wikimedia Commons
“The billions of dollars that the drug trade injects into the bankrupt financial system through money laundering has been used to recapitalize the financial sector. 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
White Women in Opium Den, Chinatown, S. F. (ca. 1885-1895) / Wikimedia *
“It is fast becoming a well known fact, even common knowledge in the financial industry. The big US banks are heavily dependent upon narcotics money laundering from sale conducted by the protected USGovt agencies. The American citizens seem the last to know. Continue reading
Money Laundering by scottchan / FreeDigitalPhotos.net *
“In March 2010, Wachovia was found guilty of having laundered at least $378 billion (yes, billion with a “b”) in drug money from 2004-07 for Mexican drug cartels, the same gangs that have wreaked murder and misery on much of Mexico, leaving more than 40,000 dead. Without money launderers, the big-time drug cartels cannot function.”
“Not one Wachovia executive spent a night or even an hour in jail, although the value of their crime was 1 billion times greater than the average street dealer.” LiberationNews.org.
“… a part of the fortune of the Queen of England comes from drug trafficking.” Jacques Cheminade, French presidential candidate
