Video at link below


Massive money laundering scam
alleged at HSBC

Pardon the long ad at the beginning
I guarantee it's worth it

Banking corruption reaching new heights

I don't know exactly what to make of this?

On the other hand, when you look at the VAST scams US banks ran originating, documenting, packaging and reselling billions of dollars of total crap US mortgage loans, that something like this could exist is plausible.

The fraudulent mortgage business kept
banks like Citibank and Chase in fat
bonuses for years.

What are these guys doing for fun
now?

A bizarre, mysterious - and massive - scheme
revealed in HSBC's small business loan department.

(Pardon the goofy ad at the beginning.
I guarantee it will be worth it waiting
through it.)

Video:

Banking malfeasance Massive money laundering scam alleged at HSBC

Ken McCarthy
Real Econ TV