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Investigate piece from Alter Net with this headline: “Banks Launder
Billions in Illegal Cartel Money While Snubbing Legal Marijuana Businesses...”
From the article: Bank of America ,
Western Union , and JP Morgan are among the institutions
allegedly involved in the drug trade.
From Rolling Stone, this reminder: HSBC has admitted its laundering role, and evaded criminal
prosecution by paying a fine of almost $2 billion. The lack of
imprisonment of any bankers involved is indicative of the hypocritical nature
of the drug war; an individual selling a few grams of drugs can face decades in
prison, while a group of people that tacitly allow – and profit from – the
trade of tons, escape incarceration.
This is why banks and bankers have such a bad reputation. They
should be ashamed of that honor, but hey, they earned it – they have shame, not
a drop. Why should they when are not held to account, except a few fines, while
avoiding jail time.
