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This is precious world's top banks have being laundering 100s of billions of dollars for drug cartels, ISIS etc. Yet they are worried that some small market pla
by qaq 9y ago
This is precious world's top banks have being laundering 100s of billions of dollars for drug cartels, ISIS etc. Yet they are worried that some small market place might be used for money laundering.
- shifter 9y agoThe laws aren't there to protect us, they exist to secure entrenched interests.
- marricks 9y agoYou’re not wrong. Banks have enough money to do what they want and hide it or pay off. Average joe has to adhere to the letter of law and what ever corporations throw at them.
- TorKlingberg 9y agoWe all love to be cynical, but I feel this sort of discussion is pointless. It's not based on facts or any domain knowledge.
- spaceribs 9y agoLook up "Human History" if you need a source.
- qaq 9y agoIn general I agree with you, but I doubt banks lobbied for stricter anti money laundering laws as a measure to stifle competition. They do get pretty much a free pass when they do break them unlike smaller entities though.