Posted on 09/26/2020 12:26:12 PM PDT by CheshireTheCat
The finance industry’s reputation has suffered a few black eyes over the last 20 years. On everything from taxpayer-funded bailouts to banks fleecing their customers with egregious fees, the banks are not the most celebrated institutions in the global marketplace. Despite banks’ critical contributions to society, the public routinely questions the sector’s ethics and honesty. A new leak has added fuel to the fire, triggering a massive selloff in the equities arena during the Sept. 21 trading session. One can only imagine what will be exposed in a few years concerning the Coronavirus pandemic. BuzzFeed News recently obtained files from the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). The leaks revealed that dozens of banks had facilitated approximately $2 trillion of transactions flagged as suspicious between 1999 and 2017. The biggest revelation in the documents was that about $1.85 trillion had traveled through Deutsche Bank ($1.3 trillion) and JPMorgan Chase ($514 billion)...
(Excerpt) Read more at libertynation.com ...
So much dark money sloshing around. I don’t think the global economy is anything like what it appears to be. I think the “global economy” is a subterfuge for what is really going on.
This is a long time for this activity to be taking place.
Remember Bernie Madoff? I don’t think he was an anomaly.
It is so discouraging and disgusting to see the way the entire structure of the financial system is tilted. I am listening to Flash Boys by Michael Lewis.
I highly recommend it to everyone. But the scams on Wall Street and in the financial markets are in the 10s of billions and more per year.
It is pretty much the same as the military industrial complex.
Also Epstein. The public story is that Epstein was an “investor” for rich people, who also got into sex trafficking. In my opinion, he didn’t “invest” in anything like a normal way. I think he handled dark money and served a dark clientele. Some of that might have involved blackmail and extortion, but a lot of it was just moving money around for unsavory people.
The bail outs only helped the large multinational banks. It wiped out thousands of small, family owned local banks. We need to bring that back.
The big banks need to be broken up into regional markets.
Yes, that makes sense. There is sooo much unsavory deals going on.
Have you ever heard about off shore islands where secret money is kept? Of course there is also those numbered Swiss Bank accounts. And the BCCI? banks that did business with the high and the low. How many dirty money people are there out there and we think they are just very smart and successful people.
You have to read my post from today about the Sakler family who made $14 billion dollars selling Oxycontin in many unscrupulous ways. Many people got addicted to the drug sometimes dying from it. Oh, the Saklers were big “philantropists” who liked to give money to art museums.
be careful. this story is being released worldwide now, just before the election. ABC Australia had the first of a two-part program on radio today. Manafort named early on. Russia interference in 2016 election mentioned.
Wikipedia: Natalie Edwards is a former senior official with the United States Treasury who was employed in the Financial Crimes division (FinCEN).
She was arrested on October 16, 2018, for allegedly disclosing suspicious activity reports (SARs) from October 2017 to October 2018 detailing Russia’s involvement in the 2016 presidential election to a reporter with BuzzFeed News, which published the series “The Money Trail”.
The Wall Street Journal identified the Buzz Feed reporter as Jason Leopold. Edwards allegedly sent Leopold internal FinCEN emails, investigative memos and intelligence assessments, and the two were in regular contact...
The Wall Street Journal identified the Buzz Feed reporter as Jason Leopold. Edwards allegedly sent Leopold internal FinCEN emails, investigative memos and intelligence assessments, and the two were in regular contact.
https://en.wikipedia.org/wiki/Natalie_Edwards
not recommending you listen:
AUDIO: 31m4s: 27 Sept: ABC Australia: How banks help criminals get rich
By Mario Christodoulou, on Background Briefing
This never-before-told story is the culmination of a 16-month-long investigation by 400 journalists for the International Consortium of Investigative Journalists.
(right column)
COMING SOON
How banks help criminals get rich: Part 2
on Background Briefing
https://www.abc.net.au/radionational/programs/backgroundbriefing/fincen-files-banks-crime/12678814
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