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I think his comments cheapen the sacrifices of the men and women in Singapore especially when we have soldiers dying or even nsmen having heart attacks during ippt. Its a serious insult to our national pride especially coming from someone who has never sacrificed so much in his life in his cushy aircon office. Source:EDMW

HSBC lax in preventing money laundering by cartels, terrorists source >> http://money.cnn.com/2012/07/16/news/compa...ney-laundering/ NEW YORK (CNNMoney) -- Global banking giant HSBC failed to prevent billions of dollars worth of money transfers that Senate investigators believe were linked to drug cartels and terrorist groups, according to a report released Monday. The Senate's Permanent Subcommittee on Investigations said London-based HSBC (HBC) failed to review thousands of suspicious transactions and properly vet clients over the past decade. Among other issues, the report notes that in 2007 and 2008, HSBC's Mexico unit shipped $7 billion in cash to the bank's U.S. affiliate, a volume of shipments that law enforcement officials said could reach that size "only if they included illegal drug proceeds." HSBC Mexico had a number of high-profile clients linked to drug trafficking, the report says, as well as "a huge backlog of accounts marked for closure due to suspicious activity, but whose closures were delayed." The subcommittee also found that HSBC worked extensively with Saudi Arabia's Al Rajhi Bank, some owners of which have been linked to terrorism financing. Some evidence suggests Al Rajhi's "key founder" was "an early financial benefactor of al Qaeda," the report says.

My nephew told me he's currently being paid $4500/month as an attachment student doing backend IT work. No bonds attached He's doing one semester of attachment with Barclay as part of the University engineering curriculum. Didn't know that the economy is thriving so well that students can get so much allowance! Take home for the day: GO WORK IN BANKS? Mod i'm sorri. I wanted to put this in the Lite N easy instead. pls help me move this thread. thanks