US Banks Funnel Drug Money? What Else Is New?

Did the banks funnel drug money to Columbian traffickers? The International Business Times reports: U.S.-based accounts at Citigroup Inc. (NYSE:C), Deutsche Bank AG (ETR:DBK) and Bank of America Corp. (NYSE:BAC) were used to channel tens of millions of dollars’ worth of global drug money that was sent to shady Colombian currency brokerages, an affidavit from an undercover Massachusetts detective obtained recently by 100Reporters says. The revelation comes as the U.S. Justice Department has been Read more […]

Laundering Money for Drug Cartels and Other Evildoers Is Business as Usual for Banks

One of the reasons the media non-coverage of Fast and Furious falls so far short is that no one reports on how our banks are heavily involved in money laundering for drug cartels. The role of banks in helping whitewash Fast and Furious gets little attention,  and the more general record of banks is also ignored as if it could not possibly be relevant. We have told you about the record of banks on this blog, but there are many confirming sources of information. The Washington blog recently Read more […]

Tom DeLay Conviction Overturned But Not Before Being Destroyed

You don’t have to be guilty of anything to be destroyed by liberals,and Tom DeLay will be one of the first to let you in on the secret. You can be charged with a crime and then be required to spend all your money defending yourself. This works quite well when there’s a political system that will back the political establishment. It happened to Tom DeLay when he took on the Democrat power structure in his district. The following is from my good friend Dr. Steven F. Hotze, Chief Executive Officer Read more […]

International Bank Gets Away With Money Laundering For Terrorists and Drug Cartels

HSBC (formerly Hong Kong and Shanghai Banking Corporation) is the UK’s largest and the world’s second largest bank. They’ve come under fire recently for laundering billions of dollars for drug dealers and terrorists through their American subsidiaries. But despite the bank’s admittance that they did allow such activities to occur, the U.S. Assistant Attorney General Lenny Breuer has chosen not to prosecute the bank’s officials on criminal charges. He has instead agreed to be paid off by Read more […]