This is why HSBC was ordered to pay a $1.5 billion fine for money-laundering. The problem is it wasn't drug cartels they were laundering money for. It was the Fed, the US Treasury, too-big-to-fail banks, including in the US and in Europe.
http://beforeitsnews.com/economy/2013/05/lord-blackwell-alleges-15-trillion-fraud-by-fed-and-eu-banks-involving-750000-tons-of-imaginary-gold-2520544.html
Saturday, May 18, 2013
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