Jacky Jasper Online
Jacky @ Myspace  HSK Youtube Channel  Jacky @ Facebook  Reverbnation  Jacky @ Bebo  Jacky @ Twitter  
Directory
Subscribe
Jacky Jasper on Imeem!!
ALL THANGS BOOTY
Your Link to the Streets
MARIJUANA
Kurt Weiss - Los Bones
URB STYLES - HOOD NEWS Design

Enter your email address:

Delivered by FeedBurner

GET SMS UPDATES
Phone number

Carrier

*Standard text messaging rates may apply from your carrier*
Print This Post


Drug Money Keeps Banks A Float!!!

Tweet This Story!

cocaine-banking-jacky-jasper

I see, so drugs are bad until an aspect of the trade can benefit you personally. These are the double standards that give plausible rationale for people to buck the system and do what they need to do. If you turn a blind eye anywhere you have to turn a blind eye EVERYWHERE

Vienna-based UNODC Executive Director Antonio Maria Costa said in an interview released by Austrian weekly Profil that drug money often became the only available capital when the crisis spiraled out of control last year.

“In many instances, drug money is currently the only liquid investment capital,” Costa was quoted as saying by Profil. “In the second half of 2008, liquidity was the banking system’s main problem and hence liquid capital became an important factor.”

“The United Nations Office on Drugs and Crime had found evidence that “interbank loans were funded by money that originated from drug trade and other illegal activities,” Costa was quoted as saying. There were “signs that some banks were rescued in that way.”

Source

Other Articles by Jacky:


Follow the Hollywood Street King on Twitter

tafbutton blue16 Drug Money Keeps Banks A Float!!! photo

Leave a Reply

Additional comments powered by BackType

Get Adobe Flash playerPlugin by wpburn.com wordpress themes