This video is a short but compelling primer to the Banco Ambrosiano scandal and the resulting death of Roberto Calvi,The Vaticans top banker. His case was first ruled a suicide, but was reopened and ruled a Murder. Was Calvi silenced by the Mafia, or by the more secretive Propaganda Due Masonic Lodge?
Tag Archives: Global Banking
From JFK to 911 Everything Is A Rich Man’s Trick
Banking Giant HSBC Sheltered Murky Cash Linked to Dictators and Arms Dealers
HSBC as the New BCCI, See Also Banco Ambrosiano.
A Team of journalists from 45 countries has unearthed secret bank accounts maintained for criminals, traffickers, tax dodgers, politicians and celebrities.
Secret documents reveal that global banking giant HSBC profited from doing business with arms dealers who channeled mortar bombs to child soldiers in Africa, bag men for Third World dictators, traffickers in blood diamonds and other international outlaws.
The leaked files, based on the inner workings of HSBC’s Swiss private banking arm, relate to accounts holding more than $100 billion. They provide a rare glimpse inside the super-secret Swiss banking system — one the public has never seen before.
The documents, obtained by the International Consortium of Investigative Journalists via the French newspaper Le Monde, show the bank’s dealings with clients engaged in a spectrum of illegal behavior, especially in hiding hundreds of millions of dollars from tax authorities. They also show private records of famed soccer and tennis players, cyclists, rock stars, Hollywood actors, royalty, politicians, corporate executives and old-wealth families.
These disclosures shine a light on the intersection of international crime and legitimate business, and they dramatically expand what’s known about potentially illegal or unethical behavior in recent years at HSBC, one of the world’s largest banks.
How the offshore banking industry shelters money and hides secrets has enormous implications for societies across the globe. Academics conservatively estimate that $7.6 trillion is held in overseas tax havens, costing government treasuries at least $200 billion a year.
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