Launder your drug money with us!
"Yes sir, Mr. Escobar! I can provide synergy for your business, using advanced vertical integration and forensic accounting techniques. In fact, with my bank's services you can expect to take your product to market and generate maximum returns in no time at all."
Is this how you elevator pitch a narco-boss?
And now...the subject which should not be broached. The pic-less NSFW topic we all dread. How many a white collar worker has woken up from the paranoid nightmare of someone stuffing a fat bag of the white girl in his desk drawer?
Today, we get proof from the horses mouth that perhaps some of our collective paranoia is not that far off the mark.
After all, every big time drug baron needs at least a few dozen 24/7 wash & dry's to keep him in villas and jet skis. Today we have found the peddler(s) among us.
Must suck to be Wells Fargo. You do the little things right, you steer clear of the sub-prime sewage and then you decide to acquire Wachovia ...proving yet again that there is no such thing as a bargain price on a rancid turd.
Apparently, between 2004 and 2007 Wachovia handled $378.4 billion for Mexican-currency-exchange houses. After all, they are perfectly legitimate businesses that will cash any check and take bills with little pieces of brain on them. Why would anyone suspect a thing?
The bank which was dubbed "Walk-Over-Ya" by North Carolinians after foreclosing on regional farms during and after the Great Depression, slapped itself on the wrist gently and provided a sincerely apologetic grin.
After all, what's a lil white stuff under the nostrills and 128 black suitcases with 5.7 tons of blow in them? I'll tell ya what...a Wachovia bonus.
Good luck to Wells Fargo, they may soon be shipping via Pony Express.
you're retarded, although i normally wouldn't respond to your rants (that would be giving you the attention you desperately seek), wachovia would not have needed wells fargo to step in had it not acquired Golden West Financial, a west coast thrift with a bunch of risky mortgages, in 2006.
^work(ed) for Walk-over-ya.
That is a fascinating article. Mexico's GDP is 1/3 drug trafficking, unreal. And these cartels have hundreds of people laundering money everyday. This will never stop as long as the margins are so good. And I'm tired of the media blaming everyone else but the true source of the problem; drug prohibition legislation. Drug laws are artificially constricting supply, jacking up margins. It doesnt matter how many die or go to prison, new people will always step in to fill demand.
Amen, brother. Legalize all of it. The DEA and the cartels are just keeping each other in business.
Once again, your article barely makes sense. It seems like you're always referring to some obscure and irrelevant piece of news and assuming it's everyone's main present concern and that we all know about it. Have you ever read an article in your life? When they refer to some actuality, they tend to explain a situation and give facts. Here it's just chaotic rambling. Such random elucubration should only be possible here on very common subjects, such as why JD and LB weren't invited to Obama's happy signing, or the layoffs of 40 JPM energy prop traders... This, your writing... it really makes no sense at all. Please stop posting on front page. Go burry your things in a group.
Thank you. Good to know I'm not the only one who feels this way. I've tried to put it into words before but you summed it up best.
And I feel like it's not just this guy but at least a couple of these WSO 'bloggers' who constantly act like this.
You could just skip the article. Not that difficult.
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