Sunday, February 08, 2015

hsbc: the bank that likes to say 'Yes'


“We acknowledge and are accountable for past compliance and control failures,..”

Think LIBOR, FX, ENRON, the debacle in Iraq, the concentration of media power, the increase in inequalities over the last thirty years, the shady dealings of the military-industrial complex and you begin to wonder if this isn't merely a case of a few rotten apples in the barrel but, instead, an indictment of a system that is as morally corrupt as any to be found in a tin-pot dictatorship.

"Je suis..."

Two things that you are not free to comment upon: Israel's brutality and the way in which big business has subverted democracy and attacked the public-sector ethos and older ideals of citizenship. 

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