4 ms·
> but money laundering and large-scale scamming are actual threats. Yes, banks launder drug money for cartels. Without the state, who would slap their wrists?
by smokeyj 13y ago
> but money laundering and large-scale scamming are actual threats.
Yes, banks launder drug money for cartels. Without the state, who would slap their wrists?
- username223 13y agoI guess you're trying to be snarky or clever here, but I don't get your point. Maybe you can walk over to your local BofA branch, slap someone's wrist, and feel good about yourself?
- MarkPNeyer 13y agoHSBC knowingly laundered billions for violent drug cartels, and were fined a mere 5 weeks of revenue. None of the executives involved in this went to jail. Meanwhile, people's lives are ruined for selling or even possessing small amounts of harmless drugs. http://www.bloomberg.com/news/2013-07-02/hsbc-judge-approves-1-9b-drug-money-laundering-accord.html http://www.bloomberg.com/news/2013-07-02/hsbc-judge-approves...