Global banks are the financial services wing of the drug cartels

As HSBC executives apologise to the US Senate for laundering drugs money, the fact is that nothing changes
22 July 2012
Other news

Last week, managers from Britain's biggest bank, HSBC, lined up before the Senate's permanent sub-committee on investigations. Europe's largest bank ignored warning signs about money-launderers. The notion of any dichotomy between the global criminal economy and the "legal" one is fantasy. Worse, it is a lie. They are seamless, mutually interdependent – one and the same.

The Observer (UK)
Sunday, July 22, 2012