Massive International Banking Scandal Crushes Bank Stocks, JP Morgan, Deutsche Bank, HSBC Plunge On FinCEN Leak! - Must Video
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A massive international banking scandal has come to light suggesting the financial industry is heavily involved with suspicious activity and the system designed to regulate the banks (FinCEN) ends up giving them blanket immunity. In short, the system essentially enabled banks to conduct business that is illegal with impunity.
Shares of banks across the world are in freefall as the dark side of Wall Street begins to rise to the surface. It reveals our current laws that were meant to stop financial crime have instead allowed it to flourish.
So long as a bank files a notice that it may be facilitating criminal activity, it all but immunizes itself and its executives from criminal prosecution.
The suspicious activity alert effectively gives them a free pass to keep moving the money and collecting the fees. The Financial Crimes Enforcement Network, or FinCEN, is the agency within the Treasury Department charged with fighting financial crimes.
It collects millions of these suspicious activity reports and makes them available to enforcement agencies and other nations’ financial intelligence operations.
The entire system has really turned into a giant surveillance apparatus and sweeps up and collects data that can later be combed through to (dig up dirt) on your rival or those you want to examine closer.
The entire system is a joke and is not serving the function of preventing these crimes or banks from facilitating these types of suspicious activities.
Organized crime cannot exist without political corruption.
The big banks are in bed with China and Russia. Steal billions pay millions in fines. Nobody goes to jail. Rinse and repeat!
I’m sure it’s just a coincidence Buffett sold all his bank stocks. No way he could have been tipped off lol.
The temple money changers will never operate honestly.
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The root of all evil emanates from the banking cabal…
It has spawned untold corruption and evil unthinkable.