Saturday, July 21, 2012

Dirty laundry

I do not think I have found any of the previous revelations about what bankers have been up to during their years as masters of the universe to be truly shocking - anything that respectable Victorians could get up to, as revealed in the works of David Morier Evans, C 21st banking buccaneers could do better.

Until it came to money laundering.

And yet there has been remarkably little outcry about this – certainly not on the scale of that which met the Barclay’s revelations.

Just another of life’s mysteries?


Links
FT: HSBC’s Mexico nightmare on money laundering
Facts, failures and frauds: revelations, financial, mercantile, criminal: David Morier Evans
Related post
Who’d be a villain?


The British are the financial bag carriers of the world - William Cash, Spears Wealth Management Survey 5/4/2011