“Credit Suisse is the largest financial company to plead guilty to the non-crime of ‘money laundering’ in 20 years. The plea marks the end of an era. One of the shell entities implicated, according to the government, dated back a century – or just after the creation of the federal tax code and the income tax. Of the $2.6 billion fine, The Department of Justice will receive $1.8 billion and New York State’s top financial regulator, Benjamin Lawsky, will receive $715 million of the stolen loot. With the FATCA coming into full effect on January 1, 2016, and the US government actively prosecuting banks, only savvy Americans will be able to find financial institutions abroad to service them.”
Related posts:
5 ways fiat currency is fighting back against bitcoin
Ron Paul: You’re Not Free If You Can’t Secede From An Oppressive Government
Federal Appeals Court Busts Police For Contempt Of Cop Arrest
Glenn Greenwald's Partner 'Was Carrying A Stunning Amount Of Sensitive Documents'
The United Nations vs. the NSA
11 Governments Are Meeting in Peru to Figure Out How They Can Control the Internet
Supreme Court Approves Search Warrants Issued by Dogs
LA cops plant drugs on black suspect – unaware their body cams were on
New Book on EU Corruption Gets Author Investigated
Make Your Own 3-D Printer for $100
Bitcoin: Digital gold or 'Harlem Shake of currency'?
China's Largest Conglomerate Is On The Verge Of Bankruptcy
As China Looms, the U.S. Ponders Ways Not to Destroy Bitcoin
Peter Thiel claims bitcoin has the potential to change the world
No-Income-Tax Monaco Again Threatened With 'Tax Haven' Blacklist Status