☆ Bank Fines For Banks Are As Impressive To The Bankers Therein As Glasses Of Mediocre Wine

News Analysis: Bank Fines For Banks Are As Impressive To The Bankers Therein As Glasses Of Mediocre Wine; since at the “Career Level” the surreptitious Bankers feel no pain, therefore, ‘No Gain”. Until Governments Criminally Prosecute Bankers Personally for their Corrupt Syndicated Cabals, fines to the Banks, of which they are employed, mean little.

Of Banking Miscreants, proven guilty in a Court of Law: Not many get discharged from Banking; Fewer have Court Orders forbidding them to engage in any Financial Services in their Country; NONE (we know of) have prohibitions about their engaging in such Economic Activities in any of the Countries in the United Nations. “Why Not?”, victims ask. Does not “Financial Treason” impact everyone directly or indirectly.

Until Governments get serious about the “Economic Debacles” Bankers and their Minions cause, they will not “Fly Straight”; there is too much financial incentive for them to do otherwise.

The “World Economic Blow-Out of 2008” was largely caused by such Banking Schemers many Economists, Forensic Accountants, and Law Enforcement Officials think.

The Crooked Bankers are analogous to Termites eating inside the leg of a wooden Three-Legged Stool; No Country wants to sit on such a stool.

Reality.

Reference: http://rt.com/business/banks-pay-us-penalties-313/

☆ Money Laundering Always Leaves Residues For Forensic Accountants To Find

News Analysis: Money Laundering Always Leaves Residues For Forensic Accountants To Find as the Illicit Sources of Funds are ‘Decipherable’. Tax Authorities around the Globe are increasingly finding more Money “Stashes” than ever before. It appears there are NO Countries in which Money Laundering is not occurring. Since taxes are not collected on the ‘Gains’, Nations lose out.

As Legitimate Leaders of Countries decide that Strict Punishment for the Miscreants is the only effective way to stop “Laundering”, Enthusiasm for Secreting Funds will diminish: ‘Too Much Pain For Any Gain’ may be the ‘Sneaks’ thoughts.

Furthermore, if a Nation considers the more Serious Matter of  “Tax Evasion” to be equated to “Economic Treason” to it, more Stern Punishments are needed. These will influence all but the most Recalcitrant Crooks to  pay what they owe AND to forgo their Illegal Behaviors. For those too stubborn to change their ways, their Removals from Society is “Just Deserts”.

There is no substitute for Everyone on the Globe to “Fly Straight”.

Reality.

Reference: