Banking Fraud Special - Coast to Coast AM 25.8.2012

Coast to Coast AM 25.8.2012 - Banking Fraud Special with Four banking experts Robert Mazur, Barry James Dyke, William K. Black and John Truman Wolfe .Recently HSBC has been fined $1Billion for laundering drug money through its branches in MEXICO; apparently $7Billion into the US, not sure over what period of time. Its a long way from their branch be renovated opposite Lincoln Stone Bow . Also recently Barclays bank has admitted lying - for over four years - about the interest rate it was having to pay to borrow money. Between 2005 and 2009 - all the way through the credit crunch - the bank made artificially low submissions to protect its reputation as it struggled during tight financial conditions. What is perhaps most shocking of all, the lying was done .The revelation of the festering boil that was the banking scandal and financial collapse of '08 is now looking more like a cancer that has spread throughout every facet of society's working parts.