The hosts of the Keiser Report, Max and Stacy, look into the latest revelation by the US authorities that 5 international banks have processed trillions of in suspicious transactions.
In line with the US Division of Treasury’s Monetary Crime Enforcement Community (FinCen), these establishments are Financial institution of New York Mellon, Deutsche Financial institution, HSBC, JPMorgan Chase, and Normal Chartered.
“For 11 years, I’ve been saying that JPMorgan and Jamie Dimon have been funding terrorism. Now, FinCen says precisely the identical!” Max factors out.
In Max’s opinion, these 5 banks are just like the 5 crime households of New York in the course of the 1970s. When a type of households was arrested and busted, the remaining 4 consolidated and have become extra highly effective. “And that continued till there was one super-crime household that was too huge to prosecute,” says Max, including that the one strategy to curb such exercise is to use anti-racketeering legislation.
For extra tales on financial system & finance go to RT’s enterprise part
