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Mainstream Banks laundered close to 400 billions in drug money and got slapped with fines in 10 mil. range. Everyone is up in arms about GS. GS counterparties a
by qaq 11y ago
Mainstream Banks laundered close to 400 billions in drug money and got slapped with fines in 10 mil. range. Everyone is up in arms about GS.
GS counterparties are supposed to be sophisticated Fund managers they are payed millions in fees for managing money. It's their job to do due diligence on the deals they do with GS or otherwise.