Wachovia Money Laundering

Here is an interesting story about Wachovia helping drug cartels move hundreds of billions. http://www.guardian.co.uk/world/2011/apr/03/us-ba…

My first thought isn't about Wachovia but the sheer profitability of these drug cartels. Wachovia laundered 380 billion dollars for drug cartels. An almost insane amount given that these drug cartels aren't even legal enterprises. And this is just one bank, every major American bank has branches in Mexico and probably moves trillions more out of Mexico.

I am actually considering moving down there to open up a little Asset Management company to help these casas des cambios move money out of the country. Seriously, do you guys think that a bank should be responsible for checking on the quality of individual who does financial transactions through them?