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.
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…
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