http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs
How a big US bank laundered billions from Mexico's murderous drug gangs
As the violence spread, billions of dollars of cartel cash began to seep into the global financial system. But a special investigation by the Observer reveals how the increasingly frantic warnings of one London whistleblower were ignored
Ed Vulliamy The Observer, Sunday 3 April 2011
On 10 April 2006, a DC-9 jet landed in the port city of Ciudad del Carmen, on the Gulf of Mexico, as the sun was setting. Mexican soldiers, waiting to intercept it, found 128 cases packed with 5.7 tons of cocaine, valued at $100m. But something else – more important and far-reaching – was discovered in the paper trail behind the purchase of the plane by the Sinaloa narco-trafficking cartel.
During a 22-month investigation by agents from the US Drug Enforcement Administration, the Internal Revenue Service and others, it emerged that the cocaine smugglers had bought the plane with money they had laundered through one of the biggest banks in the United States: Wachovia, now part of the giant Wells Fargo.
The authorities uncovered billions of dollars in wire transfers, traveller's cheques and cash shipments through Mexican exchanges into Wachovia accounts. Wachovia was put under immediate investigation for failing to maintain an effective anti-money laundering programme. Of special significance was that the period concerned began in 2004, which coincided with the first escalation of violence along the US-Mexico border that ignited the current drugs war.
Sunday, April 10, 2011
Friday, April 8, 2011
Berkeley Daily Planet article on BCC Move Your Money!
Read this comprehensive article by The Berkeley Daily Planet about how the BCC Move Your Money project takes aim at the corporate tax cheats.
Wednesday, April 6, 2011
Get acquainted with Professor Richard Wolff
Richard Wolff gives much-needed perspective on our economy and how we got here.
www.rdwolff.com
www.rdwolff.com
Listen to Move Your Money speak on 94.1 KPFA!
Today, two students from Berkeley City College spoke on the radio about the Move Your Money events we are organizing. Check it out at www.kpfa.org/archive/id/68809
Tuesday, April 5, 2011
Check out these articles about how the biggest corporations don't pay their taxes.
Time for Fair Share Politics by Katrina van Heuvel, editor of The Nation.
www.thenation.com/blog/159611/time-fair-share-politics
Letter to the editor by Joanne Gifford, Spokesperson for US Uncut.
www.napavalleyregister.com/news/opinion/mailbag/article_cf797564-5a46-11e0-9323-001cc4c03286.html?mode=story
www.thenation.com/blog/159611/time-fair-share-politics
Letter to the editor by Joanne Gifford, Spokesperson for US Uncut.
www.napavalleyregister.com/
Still not convinced to move your money? Watch these short videos.
Video by local activist surfer Kyle Thiermann.
claimyourchange.wordpress.com/2009/07/07/claim-your-change-movie
Move your money video
www.youtube.com/watch?v=Icqrx0OimSs&feature=player_embedded#
claimyourchange.wordpress.com/
Move your money video
www.youtube.com/watch?v=Icqrx0OimSs&feature=player_embedded#
Read this book! Watch this movie!
Must read this book!
Shock Doctrine: The Rise and Fall of Disaster Capitalism by Naomi Klein
www.naomiklein.org/shock-doctrine
Must see this movie!
Inside Job by Charles Ferguson
www.sonyclassics.com/insidejob
Shock Doctrine: The Rise and Fall of Disaster Capitalism by Naomi Klein
www.naomiklein.org/shock-
Must see this movie!
Inside Job by Charles Ferguson
www.sonyclassics.com/insidejob
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