A major British bank, using its New York operations, allegedly "schemed" with the Iranian government for nearly a decade to launder $250 billion, exposing the United States financial system to terrorist entities, drug traffickers and corrupt regimes, New York"s top banking regulator charged on Monday.
The New York State Department of Financial Services (DFS) accused Standard Chartered, which the agency called a "rogue institution," of hiding more than 60,000 transactions for Iranian banks and corporations, motivated by the millions of dollars it reaped in fees
The bank said on Monday night that it "strongly rejects the position and portrayal of facts" by the US agency. The unofficial response to this allegation was,"Who are you fucking Americans to tell us, the rest of the world, that we"re not going to deal with Iranians." (C) Rachel Hirshfeld
Yes, quite! Now here's the bleedin' obvious that everyone and their goldfish should surely know: That every drug dollar, every bit of Mafia loot... indeed all the swirling cents in the piggy banks of the world - bent or otherwise - eventually have to go to the laundry, or a very fat mattress.
Moolah and morality being mutually exclusive, this latest story of a bank caught with it's fly open should surprise no one. For it's not just some quirky anomaly in the ways of financial fist fighting, but more an illustration of predictable behavior when teacher goes out of the class room.
(Photo/cartoon: Copyright Control).
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| Tell Genocide Jo that Slippy Slim's here. |
The bank said on Monday night that it "strongly rejects the position and portrayal of facts" by the US agency. The unofficial response to this allegation was,"Who are you fucking Americans to tell us, the rest of the world, that we"re not going to deal with Iranians." (C) Rachel Hirshfeld
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| Who loves ya, baby! |
Moolah and morality being mutually exclusive, this latest story of a bank caught with it's fly open should surprise no one. For it's not just some quirky anomaly in the ways of financial fist fighting, but more an illustration of predictable behavior when teacher goes out of the class room.
(Photo/cartoon: Copyright Control).
