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When did The Banks become totally automated?
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Posted December 13, 2012 at 11:01AM
The reason I ask is that recently the HSBC bank was issued with a massive fine for money laundering. This I thought was a criminal offence yet no one was charged.
The only reason for this is that the banks now are totally automated and able to make any and all decisions as long as The Bank made a profit.
There was a local story recently concerning a guy who had a taxi company and was laundering money through it, he was charged,found guilty and sentenced to some jail time, yet not a banker was charged which can only mean their are no bankers just a large super computer making decisions.
Or perhaps there are different laws governing bankers.
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Posted December 14, 2012 at 11:59AM
Perhaps adding to the above, if you had watched Channel 4 Dispatches program last Monday evening 'How safe is your cash?', you may have realised what a mess the banks and banking systems are still in, especially were fraud is concerned, and how the banks are treating their customers.
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