"Every day on Wall Street, money is stolen, embezzled, burgled, and robbed. But the mechanisms of those thefts are often so arcane and idiosyncratic that they don't fit neatly into the criminal code, which is written for the dumb crimes committed by common stick-up artists and pickpockets."
- Laundering billions of Dollars for drug cartels in Mexico and Colombia;
- Washing money for terrorist-connected organizations in the Middle East;
- Allowing "rogue states" under formal sanctions by the US to move billions freely through the bank;
- Helping Russian mobsters wash money under an elaborate traveler's check scheme...
"If you are rich and powerful, you can get away with almost anything."
"The cleaving of the country into two completely different states – one a small archipelago of hyper acquisitive untouchables, the other a vast ghetto of expendables with only theoretical rights – has been in the works a long time."
"And someone else wins, too – Wall Street. Some of the biggest investors in private prison companies are, you guessed it, the too-big-to-fail banks."
"Like too-big-to-fail banking itself, private prisons are an industry that depends not on the unpredictable economy but upon political connections. It's the perfect kind of business in the oligarchical capitalism age, with guaranteed profits to provide a low-cost public insurance against the vagaries of the market."