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Macro Trends, page-412

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hilldweller

7,996 Posts.

481

02/12/19

14:59

Post #: 41749944
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Originally posted by OzJ: ↑

ha! They don’t need Mexican food when it comes to banking.

Cyprus, Malta and Latvia. The world hot spots for money laundering.

https://www.economist.com/europe/2019/01/26/malta-and-cyprus-face-growing-pressure-over-money-laundering

and we have a long-term banking Cypriot appointed to the board three days after the performance shares hit, ISX currently doing a conference in Malta and using the Latvian central bank for their EU banking purposes. It’s like ISX have hit the trifecta of money laundering bad boys. It’s a good thing they don’t have a history of working with banks who have been wound up for laundering, overseas customers on the domestic fraud list or domestic customers wound up for bad behaviour. Or if they do, that these customers don’t make up 85% of their revenue which got them the performance shares.

whew! That was a bullet dodged, eh?

Expand

you forgot to add Australia. one of the biggest money laundering regions on the planet. Oh, and one of the easiest to do it. Just look at the drug money that goes into real estate.

Last edited by hilldweller: 02/12/19

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
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