http://www.catholic.org/business/story.php?id=47634
“LOS ANGELES, CA (Catholic Online) – The OCC could soon take action against JPMorgan Chase & Co., and that it is also investigating Bank of America Corp.
Money laundering is a common criminal practice where people make money from illegal means and then re-route to make it appear like it came from a different source. “
(Inaudible snickering in the background by Evil Kitty — hehehe!)
“The industry has maintained that such violations are almost always unintentional.”
Yeah, right!
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