This is plain sick. This goes beyond mischief, this is evil. And it is time to stand up and tell we won’t tolerate and reward evil behavior by bailing out the banks. The worst thing is that thanks to the opaqueness of the banks, we all live in a house of cards. What they show in their accounting numbers is basically irrelevant, because the real truth is other.

The Slog.

Do you want today’s mad news, or tomorrow’s bad news?

Gustl Mollath, now 56, was locked up in a high-security psychiatric hospital nearly seven years ago after being accused of making up a story about money laundering activities at major German bank, HVB. It is the sixth-largest private bank in Germany.

But now, new evidence that has been brought to the attention of state prosecutors showing that, surprise surprise, money laundering activities had been conducted over several years by members of staff at the Munich-based bank – according to details of an internal audit report conducted by the bank in 2003.

In a predictable display of psychopathy, a spokeswoman for the bank felt no remorse for Mollath, telling the Guardian, “We don’t recognise any connection between the results of our audit report and either the criminal trial or the commitment of Mr. Mollath.”

A good many connections are indeed hard…

View original post 766 more words

About jokerizedpaul

A member of the sipmac team with armed only with his blog. Un miembro de the sipmac team armado sólo con su blog. Casi nunca la opinión correcta... al menos casi nunca la opinión que esperabas escuchar. Almost never the "right" worldview ... not even what you expect to hear. En el Blog Opinion Renegada, Paul Maršić de the sipmac team da rienda suelta a sus más calenturientas opiniones sobre cualquier tema, y paradójicamente intenta ser también responsable, al buscar siempre sustentarlas. In the Opinion Renegada (Renegade Opinion) Blog, Paul Maršić from the sipmac team lets freedom ring, and lets it loose with his most incendiary opinions based on any given topic. Paradoxically enough his blog is also intended as a responsible one, because he is always seeking to substantiate those opinions.

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