Sunday, August 12, 2012

Reuters Runs Interference for Elite Corruption, Scrubs Article That Shows How Banks Get Out of Jail Free

Marcy Wheeler put up a useful post yesterday morning, based on a Reuters article describing the efforts of Standard Chartered to combat the damage done by its making illegal transfers on behalf of Iranian banks.

Marcy picked up on how the article revealed the techniques used by big banks to escape suffering meaningful consequences of their misdeeds:

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