What A Bank
Have we got a bank for you! If the community-helping tasks like interest-rate fixing and bad mortgages wasn’t enough, HSBC has a whole new line of offerings for you…
Per this report:
The global bank HSBC has been used by Mexican drug cartels looking to get cash back into the United States, by Saudi Arabian banks that needed access to dollars despite their terrorist ties, and by Iranians who wanted to circumvent United States sanctions.
Gina, here is your kind of bank– need someone to move money so you can snap up shares of the Sydney Morning Herald? HSBC is your kind of place.
— Jonathan Tasini
@jonathantasini
3Q: This week's episodes
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Essential Report with EMC’s Peter Lewis and Jackie Woods
Comments19 Sep 2012Lewis and Woods talk through this week’s polling numbers: voting intention, leader attributes, drug laws in Australia, and more…
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Are we ready for the grey revolution?
Comments12 Sep 2012Ken Morrison says our cities need to be transformed for our ageing population – and it’s not solely about nursing homes.
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Ships, trains and submarines — can we build them here?
Comments11 Sep 2012Tim Ayres wishes Clive Palmer and other mining giants would give local manufacturers a go instead of heading overseas.
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Do we undervalue our public sector innovations?
Comments11 Sep 2012Nadine Flood questions whether governments take our science and other publicly funded breakthroughs for granted.
