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Forum Post: When you have integrity nothing else matters; When you don't, nothing else matters.

Posted 12 years ago on Nov. 9, 2011, 3:37 p.m. EST by Toynbee (656) from Savannah, GA
This content is user submitted and not an official statement

Folks, it's all about ethics.

This article below is one small example of illegal/unethical behavior by corporations.

http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs

Wachovia -- bought by Wells Fargo -- helped launder $378 billion of criminal and drug money out of Mexican into the US banking system.

That's equal to one-third of Mexico's national budget.

The investigator claimed that Wall Street and the City of London are two of the biggest money laundering and tax havens in the world.

This was outlined in Treasure Islands.

http://treasureislands.org/

http://treasureislands.org/the-book/

http://www.failuremag.com/index.php/book_review/article/treasure_islands

Yet -- shockingly -- nobody is going to jail. The fine/forfeiture was $160 million, about 2% of Wells Fargo 2009 profits.

Just as shocking: The Wachovia whistleblower investigator lost his job after warning management of the problem.

The Wachovia scandal was hardly mentioned by U.S. news outlets.

Occupy Wall Street should spot light the criminal activities on Wall Street. Our capitalism is totally corrupted. None of this is truly punished.

http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs

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[-] 1 points by Crackpot (53) 9 years ago

The failure to prosecute criminal activities on Wall Street also needs to be investigated.

Untouchables on Wall Street

https://www.youtube.com/watch?v=GqmyrWDQljw

Wall Street Fraud Enabler Lanny Breuer Steps Down (with Eliot Spitzer)

https://www.youtube.com/watch?v=MxjOR0zBg5U