
HSBC paying $1.9B in money laundering probe
December 11, 2012 9:49 AM
HSBC is paying a record $1.9 billion to settle a federal and state money laundering probe. The British bank was under investigation for allegedly transferring billions of dollars on behalf. Ashley Morrison reports on this and the latest financial news.
HSBC to pay $1.9B to settle money-laundering case
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Now, thanks to this decision, we'll never know.
What this decision does however, is verifies that the "war on terror" and the "war on drugs" are nothing more than a charade and a cash cow for the wealthy.