Resource

The Divide: American Injustice in the Age of the Wealth Gap Highlight

posted on in: Quote.

Essentially, HSBC, as perhaps the biggest and most accessible “reputable” bank in Asia, Africa, Central America, and the Middle East, had enthusiastically opened its vaults, including its American vaults, for most every kind of antisocial and/or criminal organization on the planet, allowing mass murderers, human traffickers, and embezzlers unfettered access to the safety and comfort of U.S. dollars. “You go down the list, they violated every goddamn law in the book,” says former Senate investigator Jack Blum, whose pursuit of Lockheed in a bribery case led to the passage of the Foreign Corrupt Practices Act. “They took in every imaginable form of illegal and illicit business.”

— Matt Taibbi and Molly Crabapple

Replicated under Fair Use from The Divide: American Injustice in the Age of the Wealth Gap by Matt Taibbi and Molly Crabapple. (Pg. 59)