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comment by rrrrr
rrrrr  ·  3967 days ago  ·  link  ·    ·  parent  ·  post: Banks Say No to Marijuana Money, Legal or Not

Makes a change from when they were laundering money for Mexican drug cartels.

"For at least half a decade, [HSBC] helped to wash hundreds of millions of dollars for drug mobs, including Mexico's Sinaloa drug cartel, suspected in tens of thousands of murders just in the past 10 years... The bank also moved money for organizations linked to Al Qaeda and Hezbollah, and for Russian gangsters; helped countries like Iran, the Sudan and North Korea evade sanctions; and, in between helping murderers and terrorists and rogue states, aided countless common tax cheats in hiding their cash."

http://www.rollingstone.com/politics/news/gangster-bankers-t...

But I guess legal medical marijuana dispensaries are too hot to touch.