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Even the old school banks have their issues, HSBC and money laundering for cartels comes to mind. Money is power and power corrupts seems to apply too often wi
by noir_lord 7y ago
Even the old school banks have their issues, HSBC and money laundering for cartels comes to mind.
Money is power and power corrupts seems to apply too often with this stuff.
- _petronius 7y agoWell, my bank is a co-operative with a corporate duty to invest in social and ecological initiatives, so other models are possible (and successful!).
- briandear 7y agoHSBC laundering money doesn’t affect my current accounts. Not saying that issue isn’t important, but that doesn’t hurt my personal access to funds.
- kweks 7y agoDon't kid yourself. Post cartel scandal, opening an HSBC account transcended difficult to impossible in certain jurisdictions.