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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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  •  Your bank did not launder your money (3+ / 0-)
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    eggowar, lotlizard, MrJayTee

    You are sadly mistaken if you think that depositing a little drug money in a bank amounts to laundering.  "Laundering" money means taking dirty money and making it appear clean so that taxes can be paid on it, it can be safely deposited in a bank, and so on.  It's a very sophisticated crime and severely punished when prosecuted successfully.

    •  Banks only report dividends to the IRS. (0+ / 0-)

      Cleaning dirty money into "clean" is not a taxable activity however routine it is.

      Your finance skills are poor at best.

      "The way to see by faith is to shut the eye of reason." - Thomas Paine

      by shrike on Thu Feb 14, 2013 at 07:16:38 PM PST

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      •  obviously the financial skills of the justice (2+ / 0-)
        Recommended by:
        snoopydawg, MrJayTee

        dept suck too, since they couldn't prove a single person did anything wrong.

        your defense of their incompetence is disheartening.

        big badda boom : GRB 090423

        by squarewheel on Thu Feb 14, 2013 at 08:56:17 PM PST

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        •  Amazing isn't it? (2+ / 0-)
          Recommended by:
          nchristine, MrJayTee

          Defending the CEO by stating he wasn't aware the bank was breaking any laws.
          Or defending Obama's gutless DOJ.
          I wonder just what Obama has to do for people to see that he is not who he pretends to be.
          What he campaigns on and then how he rules is very different.

          Gitmo is a Concentration Camp. Not a Detention Center. Torture happens at Concentration Camps. Torture happens at Gitmo. How much further will US values fall? Where is YOUR outrage at what the United States does in OUR names?

          by snoopydawg on Thu Feb 14, 2013 at 11:01:32 PM PST

          [ Parent ]

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