Forum éco

That part of it isn’t fiction. Money laundering is simply everywhere. On the grand scale, it’s endemic to banking. You have to bear in mind that when Lehman Brothers wasn’t going to function anymore and the big banks weren’t lending to one another, back at that terrible time, $352 billion of illegal money were then tacitly released upon the market, and that was about the only money people were lending to one another. So, money laundering is not some distant fantasy. It’s actually how you handle the profits of extortion, tax evasion, criminal conspiracy and huge quantities of drug money, how you get that into the white sector. And what we are gradually learning from these little exposés that come to light is that there is almost no way of denying people, in the end, the profits of their crime, which is a tragedy.