• The post you are reporting:
   
  After HSBC laundering money allegation, Standard and Charter seem to be the second
  
  Bank to be accused of laundering money.
  
  Standard and Charter `appear`to be continuing the Banks anti-social...anti- society activities.
  
  It is alleged they have laundered $ 250 billion for Iran.
  
  Standard and Charter shares `plunge`25 %...is it the `market place` being nervous
  
  or do they know something ?
  
  This is the latest blow to the ``reputation`` of the City of London.Rule breaking in
  
  the City of London is now widespread and contempt for the regulations has become
  
  institutionised.
  
  The latest scandals are just a sign that the culture is running riot without checks in
  
  place.
  
  If you do something obviously fraudulent as fixing rates and can then get a new job..
  
  .....Bankers involved in the Libor probe had changed jobs......something is completely
  
  wrong with the system.
  
  Banks ,Bankers are truely the pits....paraih`s of commerce.....and their not alone.....
  
  ********************************************
  
  David Shearer chairman of crisis hit Mouchel pockets £ 450,000 bonus whilst
  
  shareholders receive just one penny per share.

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