HSBC 'allowed drug cartels to launder money'

Click here to access article from Al Jazeera. (My comments modified at 3:00pm Seattle time.)

US senate probe has found that Europe's largest bank had lax controls that allowed money laundering for seven years.

When a US senate committee gets around to reporting findings like this, you can be sure that this is already so well known that it can no longer be hidden. But, notice the glaring omission: no US based banks are mentioned! Isn't it wonderful that US bankers are so ethical! (sarcasm) (See this and this.)