The BigChilli
  • Home
  • ONLINE MAGAZINE
  • News
  • Promotions
  • Features
  • Restaurant Reviews
  • What's on
  • Social Events
  • The BigChilli TV
  • About Us
    • About Us
    • Social Media
    • Pricavy Policy
  • Contact us

Bankers in bed with governments

4/7/2013

Comments

 
IT’S all very well for outraged western politicians to talk about corruption in developing countries, but what about the institutionalized corruption in their own backyards? Why don’t they mention that? Let’s face it, there’s no greater form of corruption than that which exists between western governments and the banks. They have a special relationship that not only works to their mutual benefit but also serves to protect them in times of crisis. How else can one explain the revolving door of inept and possibly criminal bankers in the US government? And what about UK-based HSBC, which was recently fined almost US$2 billion for laundering billions of dollars for Colombian and Mexican drug cartels, among others, and violating a host of important banking laws – and yet its highly paid bosses somehow escaped prosecution? (Try telling that to someone who’s been arrested and jailed for a relatively minor drugs offence). It gets even worse when one of those HBSC bankers goes on to be awarded a title and a government position, after, one suspects, receiving a handsome bonus and extremely generous pension.
Comments
    Picture
    Picture
    Picture
    Picture

    Calendar of events



    Picture
Picture
About  |   Emag  |  Subscribe (print)  |  Newsletter |  Contact Us  | Advertise 

FOLLOW US

CURRENT ISSUE

2019 - 2021 so Far

The BigChilli July 2020
Jan 2021
FEB 2021
March 2021
April 2021
May 2021
June 2021
August
October
November 2021
December 2021
March- April 2022
Copyright © 2018 The BigChilli Co., Ltd. All Rights Reserved.
No. 8/2 FMA Group Bldg., 4th Floor, Room 401
Convent Road, Silom, Bangrak, Bangkok 10500

Tel: 02 635 5085 Fax: 02 635 5086  email: thebigchillimagazine@gmail.com

  • Home
  • ONLINE MAGAZINE
  • News
  • Promotions
  • Features
  • Restaurant Reviews
  • What's on
  • Social Events
  • The BigChilli TV
  • About Us
    • About Us
    • Social Media
    • Pricavy Policy
  • Contact us