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HSBC Scandal: British Bank Accused Of Helping Drug-Running And Arms Dealers

A similiar story regarding HSBC bank was reported about 1 year ago. I have 1 HSBC credit card. (they are now owned by Capital One) When the story broke, I called and cancelled my card. The "retention specialist" asked me why I was cancelling and I told her it was because they were funneling money to Iran. She didn't seem to happy with it, but in any event...card cancelled.
 


What are 'Banks' for anyway???? They take our money and help out 'Gangsters' ....sounds like the American way..."rich get richer"....
:wits:
 
A similiar story regarding HSBC bank was reported about 1 year ago. I have 1 HSBC credit card. (they are now owned by Capital One) When the story broke, I called and cancelled my card. The "retention specialist" asked me why I was cancelling and I told her it was because they were funneling money to Iran. She didn't seem to happy with it, but in any event...card cancelled.

I opened up an ING Direct account just to avoid having easy access to monies but since they have been bought by Capital One I have to move those monies to another online bank that does not lend. I remember when I got out of the Navy in '94-95 Capital One sent me a credit card and I didn't even open an account. the weird thing was they didn't charge me any interest when I did use it for like 5 years, very bizarre.
 
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