07/05/2013 Tuesday
Hi all,
Weather you are aware of CobraPost or not, please visit this site http://www.cobrapost.com/ and read the verbatim and watch the videos to know how various banks are helping to inject unaccounted money back into the system.
Beware of Banking stocks in light of these revelation and try not to get caught on the wrong side when things start to show their ugly faces.
Why Cobrapost expose was a non-event for bank stocks
http://www.moneycontrol.com/news/ma...pose-wasnon-event-for-bank-stocks_865471.html
FinMin too not acting firm on money laundering
Ministry of Finance has wrapped up the Directorate of Criminal Investigation (DCI) that was set up to check the flight of black money out of the country and bring the culprits to book, under the mandate of the Parliament. It was this agency which was on hot pursuit of those industrialists and politicians who have parked their black money with the Geneva branch of HSBC Bank and whose names were made public by the French government
http://www.moneycontrol.com/news/ma...ng-firmmoney-laundering-cobrapost_865311.html
Here's how banks, insurers help clients launder black money. Different ways as to how Black / Unaccounted Money is channeled back into the system
http://www.moneycontrol.com/news/ma...-help-clients-launder-black-money_865239.html
The market knows most of the things and is ready to take big chances whereas traders (like me) are aware of less then 0.5% of the whole thing. But still Its better to be safe then sorry.
Hi all,
Weather you are aware of CobraPost or not, please visit this site http://www.cobrapost.com/ and read the verbatim and watch the videos to know how various banks are helping to inject unaccounted money back into the system.
Beware of Banking stocks in light of these revelation and try not to get caught on the wrong side when things start to show their ugly faces.
Why Cobrapost expose was a non-event for bank stocks
http://www.moneycontrol.com/news/ma...pose-wasnon-event-for-bank-stocks_865471.html
FinMin too not acting firm on money laundering
Ministry of Finance has wrapped up the Directorate of Criminal Investigation (DCI) that was set up to check the flight of black money out of the country and bring the culprits to book, under the mandate of the Parliament. It was this agency which was on hot pursuit of those industrialists and politicians who have parked their black money with the Geneva branch of HSBC Bank and whose names were made public by the French government
http://www.moneycontrol.com/news/ma...ng-firmmoney-laundering-cobrapost_865311.html
Here's how banks, insurers help clients launder black money. Different ways as to how Black / Unaccounted Money is channeled back into the system
http://www.moneycontrol.com/news/ma...-help-clients-launder-black-money_865239.html
The market knows most of the things and is ready to take big chances whereas traders (like me) are aware of less then 0.5% of the whole thing. But still Its better to be safe then sorry.