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View Diary: Taibbi: "How HSBC hooked up with drug traffickers and terrorists. And got away with it.” (145 comments)

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  •  Back in 2008 and 2009... (5+ / 0-)

    ...a couple of friends--folks that manage big money, even by Wall Street's standards: tens of billions of dollars each--were concurrently (but separately) telling me the same narrative: Many of the large banks were relying upon black market money from Mexico and points south, and Russia, to get them through the crisis. If I was hearing this then I'm sure thousands of others were, as well.

    "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

    by bobswern on Thu Feb 14, 2013 at 09:22:23 PM PST

    [ Parent ]

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