Re:HSBC's Money Laundering Scandal 2012, money laudering for...
by fogforthought93 on Tuesday February 07, 2023 @09:43AM
(#34693381)
I'm not actually expecting a source—it was a polite way of saying that person has no idea what they're talking about.
Your description is in line with what I've read—there's hardly a smoking gun, scruples are almost totally absent, this is very serious business.
The risk is spread throughout the entire milieu of bankers, central bankers, cartel heads, cartel lawyers, etc. A similar model to the revolving door in DC. Capitalism itself tends toward cartelization, which is what allows the power elite to move freely about in a mutually assured destruction kind of way. If everyone is guilty, no one is guilty and we're in a pact to maintain that.
Your description is in line with what I've read—there's hardly a smoking gun, scruples are almost totally absent, this is very serious business.
The risk is spread throughout the entire milieu of bankers, central bankers, cartel heads, cartel lawyers, etc. A similar model to the revolving door in DC. Capitalism itself tends toward cartelization, which is what allows the power elite to move freely about in a mutually assured destruction kind of way. If everyone is guilty, no one is guilty and we're in a pact to maintain that.