This is an old documentary, but as a recently retired career US Government financial institution regulator I assure the reader little has changed amongst even the largest banks. The phrase "Too big to fail" truly should be rephrased "Too big to jail".
Manipulation of the media breeding complacency or feelings of powerlessness. Always has been. Always will be. It’s just like when they manipulated the media and caused a depression in order to force Americans to vote for and open a central (privately owned) bank. And right now they are doing the same Depression game again and we are seeing creditors squeeze people and are starting to cash in and repossess their belongings,, only for them to tell us to work for them or vote for or do what they want if we want it back.. that’s the way the world works,, if you can hold physical money (gold) without debt then you will be good in the coming years
If anyone has lost a beloved one to drugs and listens to this man at 31:35 ... they will be very disappointed at his greed, callousness and immense lack of empathy.
You didn't lose a beloved one to drugs. Your beloved one just had no discipline and couldn't handle it. Drugs aren't some person or ethereal being you can blame it all on. Drugs don't have a conscience or consciousness.
@@87stevandid you read? You’re saying drugs have no conscience but this man has no conscience. He consciously laundered money. Walking into a bank in Mexico with a million in drug money to deposit isn’t banking, it’s aiding laundering.
I am not for or against, but the complaint seems to be that the bank HSBC is not police, government, or law. Sounds like the upset is the bank is being a bank without restrictions enforced upon it by government, law, or agency. (You have money, bank stores it for you -without question of where it came from-.)
13:36 - It’s truly disheartening to see vulnerable individuals being manipulated and drawn into the schemes of those who exploit them for illicit activities. These individuals, often lacking the knowledge or resources to defend themselves, end up facing severe consequences and being convicted, while the masterminds behind these operations remain free. It seems unjust that the authorities often target the smaller players while the true perpetrators behind the scenes evade accountability. It’s time for a fairer system that focuses on bringing those responsible for orchestrating these crimes to justice, rather than punishing those who are exploited in the process.
"I don't think it's fair to say Hong Kong is a tax haven WHEREVER THE MONEY COMES FROM" that's very telling. That's what makes it a tax haven, they don't care where the money comes from..
If you watch and make an effort to understand this type of educational content then I would beg to differ,, I would say you are most definitely educated, keep on learning! Just because you don’t have a piece of paper like me doesn’t mean you aren’t educated,, if I’m being honest a lot of the classmates in my university are even less educated then you,, so don’t sell yourself short,, keep on learning for real knowledge is power!
Many more still there, all narcissistic types get promoted and lots of self privilege along the way. Forgot the local staff, just act like you own the place to get ahead, and that's the culture creating this eternal mess.
Rules for thee but not for me. Remember that saying folks. You will always be a slave and treated like a peasant compared to the political and wealthy class. You call that freedom? Yeah I don’t think so.
This "report" looks more like the grudges of an ex-wife towards the more attractive and interesting new wife. All banks work the same way. Some admit it, some don't. Some do it on behalf of states and stay off the radar (e.g. cia offshore banks in Vanuatu) others do it for private persons. If anything, I will open bank accounts at HSBC.
The favoured way to launder any illicit money - yeah, good luck with that - when it comes to Wild West of finance, crypto is wilder - who benefits most from anonymity in financial transactions not linked to regulation, that should immediately make you think.
Neither for or against... Mexican drug lords have $$$$. Money has its own natural flow into the money cycle across the world. If the Mexican cartel didn't use a bank to include themselves with the flow of money then technically they would grow an entire flourishing city in Mexico as the hub-hub of financial exchanges; aka the Mexican cartel would own and run a city as they have the money while the rest of the country is depleted.
This is an old documentary, but as a recently retired career US Government financial institution regulator I assure the reader little has changed amongst even the largest banks. The phrase "Too big to fail" truly should be rephrased "Too big to jail".
If the worlds d rug cartel's money was ti be withdrawn all at one time. The entire worlds banking systems would collapse
Manipulation of the media breeding complacency or feelings of powerlessness. Always has been. Always will be. It’s just like when they manipulated the media and caused a depression in order to force Americans to vote for and open a central (privately owned) bank. And right now they are doing the same Depression game again and we are seeing creditors squeeze people and are starting to cash in and repossess their belongings,, only for them to tell us to work for them or vote for or do what they want if we want it back.. that’s the way the world works,, if you can hold physical money (gold) without debt then you will be good in the coming years
This is the most true statement about banking I have ever seen and it is 100% true.
@@johnnewton3592 Thank you. I truly did have a "front row seat" to witness this when it was happening.
👀
The BIGGEST criminals wear a 3 piece suit
A fact as old as the mob an politicians bro 📠
I love watching these financial documentaries at night 🔥🔥🔥🔥🌃🏆📠
Hypocrites. EVERY bank is doing the same thing in different ways, don't just single out a few bad apples, grow some balls and unmask them all 🖕🏾
If anyone has lost a beloved one to drugs and listens to this man at 31:35 ... they will be very disappointed at his greed, callousness and immense lack of empathy.
You didn't lose a beloved one to drugs. Your beloved one just had no discipline and couldn't handle it.
Drugs aren't some person or ethereal being you can blame it all on. Drugs don't have a conscience or consciousness.
@@87stevan I do not like your utterances. At the same time I forgive you for your lack of knowledge. Farewell. No common ground here.
If the worlds d rug cartel's money was ti be withdrawn all at one time. The entire worlds banking systems would collapse
@@87stevandid you read? You’re saying drugs have no conscience but this man has no conscience. He consciously laundered money. Walking into a bank in Mexico with a million in drug money to deposit isn’t banking, it’s aiding laundering.
Nothings changed. When corporations pay politicians then nothing ever will.
Love the work you put into these
Influencers and financial gurus tell us to love rich people.
I am not for or against, but the complaint seems to be that the bank HSBC is not police, government, or law. Sounds like the upset is the bank is being a bank without restrictions enforced upon it by government, law, or agency. (You have money, bank stores it for you -without question of where it came from-.)
13:36 - It’s truly disheartening to see vulnerable individuals being manipulated and drawn into the schemes of those who exploit them for illicit activities. These individuals, often lacking the knowledge or resources to defend themselves, end up facing severe consequences and being convicted, while the masterminds behind these operations remain free. It seems unjust that the authorities often target the smaller players while the true perpetrators behind the scenes evade accountability. It’s time for a fairer system that focuses on bringing those responsible for orchestrating these crimes to justice, rather than punishing those who are exploited in the process.
"I don't think it's fair to say Hong Kong is a tax haven WHEREVER THE MONEY COMES FROM" that's very telling. That's what makes it a tax haven, they don't care where the money comes from..
Let's say Hong Kong is objective
What a twit. He wasn't "living in a bubble". He was, and is, a criminal.
Why does it seem that I've seen this video a long time ago?
i don't have any education but i can understand this type of dirty coperate danish company
If you watch and make an effort to understand this type of educational content then I would beg to differ,, I would say you are most definitely educated, keep on learning! Just because you don’t have a piece of paper like me doesn’t mean you aren’t educated,, if I’m being honest a lot of the classmates in my university are even less educated then you,, so don’t sell yourself short,, keep on learning for real knowledge is power!
Its really old news... Found out years ago.
It's better atleast money laundering isn't as worse as genocidal visa credit cards and visa based banks
Many more still there, all narcissistic types get promoted and lots of self privilege along the way. Forgot the local staff, just act like you own the place to get ahead, and that's the culture creating this eternal mess.
Rules for thee but not for me. Remember that saying folks. You will always be a slave and treated like a peasant compared to the political and wealthy class. You call that freedom? Yeah I don’t think so.
It is HSBC ethos to be fair
Me being shocked in the 1st 5 min bc I thought this was and American company 😳 I really need to start inquiring about acronyms…..
Hardly any related entity supported by china, should give hardly anyone a feeling of comfort.
This "report" looks more like the grudges of an ex-wife towards the more attractive and interesting new wife.
All banks work the same way. Some admit it, some don't. Some do it on behalf of states and stay off the radar (e.g. cia offshore banks in Vanuatu) others do it for private persons. If anything, I will open bank accounts at HSBC.
The only bank I trust is Bitcoin
good luck when they turn the hydro off lololol
u are a brain dead 🤣
The favoured way to launder any illicit money - yeah, good luck with that - when it comes to Wild West of finance, crypto is wilder - who benefits most from anonymity in financial transactions not linked to regulation, that should immediately make you think.
Hongkong and Shanghai Banking Corporation Limited HSBC i know why some tube yellow channel's targeting Asia n business 🧐
HSBC is a British company as of 1991
Why is this video continuously uploaded?
Because the US has passed a 1.8 billion anti- Chinese propaganda bill.
boosts views i guess
Exposure!!!!! The more they upload it the more people will see it.
They playing dirty, other banks are doing it, but it's their fav. Banks, so to hide it, they put out the old.
Because people need to wake up
They were not real Scots, but heirs of Cain of tallmudberg. Border reavers of the tallmudder sinhogs.
19:37
Neither for or against... Mexican drug lords have $$$$. Money has its own natural flow into the money cycle across the world. If the Mexican cartel didn't use a bank to include themselves with the flow of money then technically they would grow an entire flourishing city in Mexico as the hub-hub of financial exchanges; aka the Mexican cartel would own and run a city as they have the money while the rest of the country is depleted.
REPENT SINNERS JESUS CHRIST SAVES ✝️✅