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How Did Gaddafi Bypass US Anti-Money Laundering Rules To Bank With Goldman And JPMorgan?

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Wed, 03/02/2011 - 14:04 | 1011962 AN0NYM0US
AN0NYM0US's picture

the same way Wells Fargo / Wachovia did with the cartels

 

http://www.bloomberg.com/news/2010-06-29/banks-financing-mexico-s-drug-c...

 

and Madoff did with JP Morgan
http://finance.fortune.cnn.com/2011/02/28/jpmorgans-907-million-madoff-b...

 

 

Wed, 03/02/2011 - 14:18 | 1012074 Bob
Bob's picture

Snap.

Wed, 03/02/2011 - 14:20 | 1012087 JW n FL
JW n FL's picture

++++++++++++++++++++++++++++++++++++++++++++++++++++++++

 

if it wasnt for those pesky planes they bought... they would have gotten away with it.

Wed, 03/02/2011 - 16:43 | 1012663 ms1408
ms1408's picture

Regulations are for the competitors of the too-bigs only. Why do you think they lobbied to give the Fed unlimited regulatory powers. Try to start a hedge fund and do what these JPM gets away with and you'll be locked up in no time.

Wed, 03/02/2011 - 18:20 | 1013034 Careless Whisper
Careless Whisper's picture

WellsFargo/Wachovia didn't notice the $378 Billion being laundered. But if you operate the corner bodega and do wire transfers without a license you're getting prison time;

http://7thspace.com/headlines/374426/oregon_man_guilty_of_operating_172_...

 

Wed, 03/02/2011 - 19:11 | 1013214 Zero Govt
Zero Govt's picture

Spot On. Regulation is nothing but a cunts game and anyone thinks legislation, regulation or any rules for that matter is anything but control leavers for The Parasite Club is too bloody naive for words

Martin Armstrong has also said New York is a racket, that the NY Fed and SEC have been shutting down out-of-town operations that provide too much (too good) competition to the NY/WS clique for decades

Regards banks and dodgy regimes how does any Western arms dealer repatriate monies through the Western banking system! Are their staff guilty of ill gotten gains when paid their wages? 

  

Wed, 03/02/2011 - 13:57 | 1011965 AldoHux_IV
AldoHux_IV's picture

I'm sure the federal reserve helped in this manner-- it's why we can't give the villains more power.  They only aid in destroying anything decent in this world.

Wed, 03/02/2011 - 19:11 | 1013215 Crumbles
Crumbles's picture

Obviously, the Colonel is TBTF ...

Wed, 03/02/2011 - 13:59 | 1011971 MiddleMeThis
MiddleMeThis's picture

Duh, the rules don't apply to the elite, in any country.  Nuff said.

Wed, 03/02/2011 - 14:09 | 1012037 flacon
flacon's picture

Laws are meant for "We the People" not for our kings, queens, politicians, presidents, prime ministers, and wanker-bankers. OUr masters need space to do their "tinkering" with our fantastic plastic economy and our trashy cash.

Wed, 03/02/2011 - 13:58 | 1011973 trav7777
trav7777's picture

He fucking BOUGHT THE WAIVERS.

JFC, they freed the Lockerbie bomber for oil, Saddam used oil vouchers for a decade to circumvent sanctions

Wed, 03/02/2011 - 14:02 | 1011987 karzai_luver
karzai_luver's picture

nah, that dude is dead and buried of cancer, right???

 

:)

 

what a fuking joke of a charade that whole weasle assed move was.

 

Wed, 03/02/2011 - 13:59 | 1011975 buzzsaw99
buzzsaw99's picture

Money laundering like Sack and Frost do almost every day?

Wed, 03/02/2011 - 14:00 | 1011978 sabra1
sabra1's picture

laundering money or printing money, what's the dif?

Wed, 03/02/2011 - 14:02 | 1011990 Dr. Porkchop
Dr. Porkchop's picture

+1

 

It's all dirty money in the end.

Wed, 03/02/2011 - 14:04 | 1012001 karzai_luver
karzai_luver's picture

Rules...RULES....for the little peeps only.

 

This shite is national security, bithcez!

 

Wed, 03/02/2011 - 14:09 | 1012034 Oh regional Indian
Oh regional Indian's picture

Winning companies don't adhere to the rules.

They adhere to the rulers...

ORI

http://aadivaahan.wordpress.com/2011/03/01/on-outsourcing-and-its-ills/

Wed, 03/02/2011 - 14:27 | 1012113 newworldorder
newworldorder's picture

Printed money carries a "vig" the minute it leaves the printing room ...er, FED.

Laundry money has to first be taken to a bank in order for the "vig" to start.

You guys need to know these things.

Wed, 03/02/2011 - 14:02 | 1011993 Shameful
Shameful's picture

Uh, the laws only apply to the little people.  I thought everyone knew that...

Wed, 03/02/2011 - 14:32 | 1012138 carbonmutant
carbonmutant's picture

 LOL... I missed your post.

Wed, 03/02/2011 - 14:05 | 1012005 GottaBKiddn
GottaBKiddn's picture

The regulations are window dressing for racketeering.

Wed, 03/02/2011 - 14:29 | 1012126 newworldorder
newworldorder's picture

No, its not racketeering; - Its called BANKING.

Wed, 03/02/2011 - 14:58 | 1012210 AZSovreign
AZSovreign's picture

Ron Paul had is chance to blow it WIDE open today and he did.... NOTHING!!

 

Ron Paul is controlled opposition!

Wed, 03/02/2011 - 15:30 | 1012323 DB Cooper
DB Cooper's picture

Controlled disinformation - he gets his chance and asks what is the definition of money?  wtf - he's a fraud.

Wed, 03/02/2011 - 14:04 | 1012010 Translational Lift
Translational Lift's picture

TBTE is the answer.......Too Big To Enforce.....I wonder how many people were paid-off to look the other way on this (and other similar) cases.

Wed, 03/02/2011 - 14:05 | 1012012 Thorny Xi
Thorny Xi's picture

Islamabad—The United States, Britain and France have sent several hundred “defence advisors” to train and support the anti-Gadhafi forces in oil-rich Eastern Libya where “rebels armed groups” have apparently taken over.

According to an exclusive report confirmed by a Libyan diplomat in the region “the three Western states have landed their “special forces troops in Cyrinacia and are now setting up their bases and training centres” to reinforce the rebel forces who are resisting pro-Qaddafi forces in several adjoining areas.

A Libyan official who requested not to be identified said that the U.S. and British military gurus were sent on February 23 and 24 night through American and French warships and small naval boats off Libyan ports of Benghazi and Tobruk.

 

Wed, 03/02/2011 - 15:11 | 1012249 slewie the pi-rat
slewie the pi-rat's picture

this is a winner, Xi! 

9-10 days ago, these agents were "sent in", or so say sources from...uh,...Pakistan?  these are not rumors!  this is TRUE, b/c it has been CONFIRMED by a libyan diplomat who is in some "region" and (?) a libyan "official" also? 

those seemingly successful "rebel armed troops" who have "apparently taken over" in E. libya, may be in for some snuff-film surpises, eh?  plus, is it only slewie, or do others also see that James Coburn thingy going on with the mo-gadfly?  if i'm even luke-warm w/ a lucky guess, here, bilary will look fabulous as she successfully negotiates the agents back to the safety of their interlocking mossad spy networks and international banksters who, it appears now, may be using nations as "agents". can this be t-r-u-e???

how freaking crazy have i gotten here, sports fanZ???  here's a woman so formidable, she admitted to being a texan:

YouTube - Janis Joplin - Piece of My Heart [live Woodstock]

peace.

 

Wed, 03/02/2011 - 20:56 | 1013516 Crassus
Crassus's picture

And we're 2-0.

Wed, 03/02/2011 - 14:09 | 1012016 JW n FL
JW n FL's picture

Know Your Client!!!!!

 

http://en.wikipedia.org/wiki/Know_your_customer

which really is..

http://en.wikipedia.org/wiki/Customer_Identification_Program

which really is..

http://en.wikipedia.org/wiki/Bank_Secrecy_Act

which really is..

http://en.wikipedia.org/wiki/USA_PATRIOT_Act

 

someone will go free and un-charged of $30 Billion Dollars worth of Money Laundering!

 

God Bless the Bankers!

Wed, 03/02/2011 - 15:17 | 1012268 ft65
ft65's picture

Quoting JW n FL / GLP ^TrInIty^ >>Know Your Client!!!!!

Amen ^TrInIty^ ... I mean JW

Wed, 03/02/2011 - 15:44 | 1012389 JW n FL
JW n FL's picture

It is to, too bad that you have lost your ability to advertise for yourself after everyone of my posts.

 

Wed, 03/02/2011 - 22:18 | 1013704 sgt_doom
sgt_doom's picture

Ha...ha!

Of course, everyone realizes that the reason the prime money laundering global banksters created the Wolfsberg Group, to develop all those AML (anti-money laundering regs for the UN, etc., Egmont Group, IMF, etc., etc.) was to control the global money laundering, not to alter or stop it in any way.

As we all know, almost all of those banks have before and since then paid penalties for money laundering, but nobody ever, ever goes to jail.

Wed, 03/02/2011 - 14:07 | 1012020 walküre
walküre's picture

40+ years he was a good client.

Now the US government is bankrupt.

The Nazis confiscated the wealth of all jews to finance their war effort.

Same strategy, different approach

Wed, 03/02/2011 - 14:14 | 1012051 Shameful
Shameful's picture

Call me old fashioned but why are they keeping all that loot in banks?  Now if I was a power mad dictator, I got to think I would commission a massive vault to house my loot (aka gold) in an isolated area.  Then have the builders killed, and then the killers killed, then maybe those killers killed for good measure.  But I suppose maybe they have and it's the secret emergency stash.  But this flying stuff out at the last minute and getting accounts frozen says to me these guys were not thinking long term.  How unprofessional, I bet our oligarchs are way smarter :)

Wed, 03/02/2011 - 14:27 | 1012114 velobabe
velobabe's picture

exactly, money the ultimate S T U F F †

where does a king hide his loot? just start being naked, is my solution. you got to be comfortable just being nude. solution solved. plus, shameful (not me), if i had police or national guard pointing rifles @ me, i would ask them if i could take my clothes off before they killed me. i think that would be a great way to go. they shot her dead, naked.

Wed, 03/02/2011 - 15:24 | 1012291 Joeman34
Joeman34's picture

Virtually every one of your posts is about sex.  Are you frustrated?

Wed, 03/02/2011 - 14:36 | 1012148 Confused
Confused's picture

It seems to me that this whole business with accounts being frozen, and escaping by plane, just shows how interconnected the crooks really are. 

 

But you do bring up an interesting point. If you are in the game, why trust someone to hold your wealth for you? 

Wed, 03/02/2011 - 14:47 | 1012178 Antipodeus
Antipodeus's picture

Trade isn't the only thing which has been 'globalised'.

 

Wed, 03/02/2011 - 14:18 | 1012073 JW n FL
JW n FL's picture

Go-Daffy was a savings account that the Goobermint needed to bust open..

 

Wed, 03/02/2011 - 14:09 | 1012030 walküre
walküre's picture

DBO is your friend.

Wed, 03/02/2011 - 14:11 | 1012038 redpill
redpill's picture

If you have enough money, they rules don't apply.  You couldn't have asked for a more stark example than the last 3 years in global finance.

Wed, 03/02/2011 - 14:14 | 1012050 velobabe
velobabe's picture

tylers, guess what? you have gotten over 1500, fifteen hundred new twitting people following your twitter page. this is after i announced for everyone to become a follower of you guys on the tweeter. so are we going to brake/break 20,000 followers by weeks' end? i speculate, Y E S  w e  C A N. you are the real deal and the numbers show this. you will probably take over as number one choice for all things considered

NEWs, bitchez†

Wed, 03/02/2011 - 14:22 | 1012095 Bob
Bob's picture

Way ta roll, vb!

Wed, 03/02/2011 - 14:16 | 1012056 Azannoth
Azannoth's picture

If you play 'by the rules' you're guaranteed do loose, it's a simple as that but so few people seem to understand it

Wed, 03/02/2011 - 14:31 | 1012131 velobabe
velobabe's picture

man, that is absolutely right. i can attest to that. i have played by the rules and got so gang raped, my whole life. but it is reflection and direct experience that is golden.

Wed, 03/02/2011 - 14:15 | 1012058 zaknick
zaknick's picture

duh

"money laundering" is for funding the redneck drug warriors

google " policing for profit" "the drug war's hidden economic agenda" by prof eva nielsen

the dea, fbi, atf etc all are "self-financing police agencies"...

Wed, 03/02/2011 - 14:17 | 1012062 lsbumblebee
lsbumblebee's picture

It was probably a reward for his help in The War On Terrorism.

http://www.dailymail.co.uk/news/article-130236/Govt-seeks-Gaddafis-help-...

Wed, 03/02/2011 - 14:32 | 1012135 Rick64
Rick64's picture

+100

Wed, 03/02/2011 - 14:17 | 1012066 Iam Rich
Iam Rich's picture

Simple.  GS and Citi simply don't give a shat about their country.  "They" have no moral or ethical compass.  They must be broken.

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