Shocked I tell you, shocked! FinCEN files reveal major banks launder money while US regulators turn a blind eye.

[Innula Zenovka]

A huge trove of secret government documents reveals for the first time how the giants of Western banking move trillions of dollars in suspicious transactions, enriching themselves and their shareholders while facilitating the work of terrorists, kleptocrats, and drug kingpins.

And the US government, despite its vast powers, fails to stop it.

Secret Documents Show How Criminals Use Famous Banks To Finance Terror And Death

Thousands of secret “suspicious activity reports” offer a never-before-seen picture of corruption and complicity — and how the government lets it flourish.

www.buzzfeednews.com

FinCEN Files: All you need to know about the documents leak

Revelations in secret files shows how major banks have helped move dirty money around the world.

www.bbc.co.uk

ETA

FinCEN Files: HSBC moved Ponzi scheme millions despite warning

The transfers took place after officials were told of the $80m fraud, the secret files reveal.

www.bbc.co.uk

 

[Innula Zenovka]

 

[danielravennest]

What hotel lobby was this?

 

[Innula Zenovka]

What hotel lobby was this?

Donald's Palace, Bakersfield, I think, just before it went bust.

 

[Kamilah Hauptmann]

“The journalist who broke this story didn’t kill themself.”

Repeat ad nauseam.

 

[Bartholomew Gallacher]

Correction: the US government does not want to stop it, never wanted to. One of the main problems in the financial sector after the 2008 near collapse is that Fed, ECB and others are pumping money into the market just like crazy without creating tight rules for the rescued banks, building the foundation for the next, even bigger crisis.

 

[Jolene Benoir]

Shocked, I say.

The kicker is that if we were to go after them, they could destroy the economy out of spire.

 

[Innula Zenovka]

And the City of London is certainly complicit -- the amounts of money sloshing round since the collapse of the USSR have been just too tempting.

 

[Katheryne Helendale]

Donald's Palace, Bakersfield, I think, just before it went bust.

Bakersfield? Like in California? We had one of those there? That's only an hour south of me! Eww!

 

[Innula Zenovka]

Bakersfield? Like in California? We had one of those there? That's only an hour south of me! Eww!

Sorry, I was just trying to think of a really stupid place for Trump to build an OTT casino, in a clearly unsuccessful attempt to pick up Daniel's joke about his taste in home decor, and Bakersfield was the first one that sprung to mind.

 

[Kamilah Hauptmann]

haha, yeah, I think those are pictures of his Manhattan condo.

 

[Katheryne Helendale]

Sorry, I was just trying to think of a really stupid place for Trump to build an OTT casino, in a clearly unsuccessful attempt to pick up Daniel's joke about his taste in home decor, and Bakersfield was the first one that sprung to mind.

Well, if that's what you were shooting for, you found the perfect target. if the joke fell flat, it was only because we're talking about Trump, with whom even the most ridiculous is possible.

 

[bubblesort]

I wish there was a way to make this kind of scandal stick to these assholes. You can write articles about this all day long, but in the end, if the only thing you can put in the headline is some rich person did some bad accounting thing, nobody is going to care much when said rich person gets a $5 fine for it, if that.

I wish there was a way to make white collar crime more visceral. We need better journalists.

 

[Jolene Benoir]

I wish there was a way to make this kind of scandal stick to these assholes. You can write articles about this all day long, but in the end, if the only thing you can put in the headline is some rich person did some bad accounting thing, nobody is going to care much when said rich person gets a $5 fine for it, if that.

I wish there was a way to make white collar crime more visceral. We need better journalists.

It's not journalists fault that our laws do not punish crime equally.

It's as Don Henley stated in Gimme What You Got, "A man with a briefcase can steal millions more than any man with a gun." It's even more true in the time since he released that song.

Of course one doesn't base their philosophy/beliefs on a song, but he did hit the nail on the head, didn't he?

We've never punished white collar crimes in the same manner as blue collar crimes, in particular non-violent crime. It's all part of propping up the wealthy. Hell, some of them obtained their wealth in this manner.

 

[Kamilah Hauptmann]

We've never punished white collar crimes in the same manner as blue collar crimes

Also see crack sentencing vs cocaine.

 

[Kamilah Hauptmann]

Thread.

 

[Jolene Benoir]

The money generated from these endeavors/fraud, whatever you want to call it is being used to control governments across the world. Dirty money controlling dirty politicians. The amounts that they can give due to their misdeeds can easily outrank any other source.

I'm thinking more and more that we are facing an international cabal. They probably aren't organized (at least I hope not), but they definitely are using money to pursue their interests even outside of their native coutnries. I don't think they even consider themselves citizens of a given country, except maybe for tax purposes. They have no loyalty except to money. They have no desire to contribute to whatever society they align with. They don't think they should have to participate in any community endeavors.

They are basically sharks.

 

[Bartholomew Gallacher]

So basically you just right now started the road down to your own conspiration theory...

 

[Jolene Benoir]

So basically you just right now started the road down to your own conspiration theory...

Lol, probably yeah. But I'm not tied to it. Just a theory. I, most certainly, would never base my identity upon it. I can watch JFK conspiracy movies/read books and think about all of the *facts* presented and still accept that is was, most probably, Lee Harvey Oswald.

 

[Bartholomew Gallacher]

Maybe you should re-read this little piece by Douglas Rushkoff again, describing how he was invited to a super private talk in a super exclusive resort with a lot of money talking about the future, talking to five hedge fonds managers about the possible future.

Those people firmly do believe that, despite their wealth and power, they cannot affect the future for the better. They do believe that the crisis is coming for sure and collapse will follow. All of them are preparing in their own way, by building underground bunkers in an area of the world which will still be quite nicely habitable and what not.

Survival of the Richest