How The Most Corrupt Bank In The World Got Away With Everything
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- Опубліковано 30 лип 2023
- When the biggest bank in the world can get away with everything, what do the rules even mean?
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HSBC wasn't just an unwitting vector. They were proactively implicit in the schemes their clients were accused of. The bank developed several methods to help their clients hide their assets. HSBC actively used strict Swiss secrecy laws to reassure their clients that their assets were safe from the jurisdiction of their local authorities. But this wouldn't be enough for clients with not so legitimate intentions. So the bank came up with a scheme they called "hold mail" accounts. A hold mail account was a service offered to wealthy customers that would function without any correspondence of any kind going between clients and the bank. HSBC was very successful at attracting the highest value clientele from around the world. The list didn't contain just some random millionaires and businessmen. The Swiss bank accommodated the very top of the world's ruling elites. From royalty, through oligarchs to dictators.
Sources (references available in the official transcript)
[0] www.theguardian.com/business/...
[1] www.theguardian.com/business/...
[2] www.telegraph.co.uk/finance/2...
[3] www.newyorker.com/magazine/20...
[4] www.nytimes.com/2013/08/09/bu...
[5] en.wikipedia.org/wiki/Swiss_L...
[6] www.lemonde.fr/en/archives/ar...
[7] web.archive.org/web/201502180...
[8] www.theguardian.com/business/...
[9] www.scmp.com/news/world/artic...
[10] indianexpress.com/article/wor...
[11] www.reuters.com/article/us-pa...
[12] www.theguardian.com/news/2016...
[13] www.icij.org/investigations/s...
[14] www.lexpress.fr/economie/geor...
[15] www.theguardian.com/business/...
[16] www.nytimes.com/2008/01/31/us...
[17] www.securitycouncilreport.org...
[18] www.spiegel.de/international/...
[19] www.nytimes.com/2012/10/28/wo...
[20] www.theguardian.com/world/201...
[21] www.bbc.co.uk/news/world-euro...
[22] www.nytimes.com/2012/10/05/wo...
[23] www.independent.co.uk/news/wo...
[24] www.hsgac.senate.gov/imo/medi...
[25] qz.com/35590/hsbcs-record-1-9...
[26] www.buzzfeednews.com/article/...
[27] www.ft.com/content/28c5744a-b...
[28] www.icij.org/investigations/f...
[29] www.reuters.com/article/hsbc/...
[30] www.buzzfeednews.com/article/...
[31] www.buzzfeednews.com/article/...
[32] www.icij.org/investigations/f...
[33] www.buzzfeednews.com/article/...
Credits
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The footage and images featured in the video were for critical analysis, commentary and parody, which are protected under the Fair Use laws of the United States Copyright act of 1976. - Наука та технологія
"Money doesn't change people, It only magnifies who they really are"
It magnifies the worst part of people.
💯
Funny that the Farrah Gray quote is a paraphrase of Henry Ford's, one of the first modern era magnates, and admirer of Hitler
I would say the same applies to power.
How shallow of a wisdom. ”Its the commodity stupid”. Money didn’t magify the reality of people in ancient China, Mesopotania nor Medieval Europe.
“Steal $20, you’re a thief. Steal $20,000, you’re an embezzler. Steal $20,000,000? Now, you’re a financier!”
Want a good laugh? Walk into any HSBC branch and ask how the bank got started.
Might be ironic, but I hope that we don’t disappear.
Unfortunately sometimes, we all think the world is not *fair.* Everyone hates rich elites. Right?
@@Hue_SamYes because it's almost impossible for someone who isn't born into wealth and privilege to become rich nowadays. Even in the United States, we live in a caste system now.
The rich have taken over the government and use it to keep people down. They put chemicals in the food and water of the lower classes to stunt pur growth and mental development and make it even easier to dominate us, and make it harder for us to climb the social ladder or fight for our rights.
Abd even through all this, they have created a media empire that victim blames the poor and rubs their wealth in our face saying "you can do this too! You just have to believe in yourself and grind for 12 hours a day working to make me richer or buy my book or course!".
They refuse to acknowledge the role that generational privilege or luck played in their success, because that doesn't fit their narrative or stroke their egos.
@@Hue_Sam Obviously.
The more money you steal, the less likely you are to go to prison. Weird how that works.
It's because fines can be levied against you. What government wouldn't want millions of dollars for your bad behavior?
The rookies steal money, pros get the banking licence..
I love how executives "grilled" by governments, just have to say is "we're so sowwy" and then nothing changes.
Oh, I am sorry I punched you in the face. Oops! Sorry! I did it again! Oh goddamn, that is unacceptable, how could have I punched you the third time? Ah.... my bad, the fourth is on me. I apologize. Can I go for the fifth?
**insert that "we're sorry :3" sequence from south park here**
executives simping capitalism
begins stroking nipples in circular fashion *@@mistaowickkuh6249
How To Protect Your Online Privacy With A Threat Model | Tutorial 2022@@TheHatedOne can you make 2023
"Be rich, and don't get caught"
Or get caught and get away with it anyways, is not like the law applies to the rich
Biden's sons laptop
@sarahs8371 and trumps laptop so what. They sit at the same table laughing at you carrying on a ridiculous divide that distracts you from them taking everything from you
@@sarahs8371 Weak of you to think any side at all cares about your poverty ass
Every bank in the world should offer Hold Mail services to all customers.
Either all of them or none of them.
A german millionaire walks into a bank in Switzerland and wispers: I want to deposit a lot of money. I have 1 million euro! The banker replies: It's ok, you don't have to be ashamed. Poverty is not a shame in our country
@@olibaume7162 LMAO
Amazing video! Most rich people are fucking with us until they see some feedback when the angry feedback comes they'll say sorry but won't stop doing it or they'll move on some other shit.
How is your comment 4 days old😮
@@Freethinker-vj4utlmao no for real
@@Freethinker-vj4utHe's a member of the channel, so he got early access to the video.
@@somebodyirrelevant9515 i didn't knew that 🙄
@@Freethinker-vj4ut well sucks for you uninformed peasant :P
When you have all the money… you can make anything disappear. Really sad this is a reality
Yeah. Crazy how the Federal Reserve Bank is still existing. Damn parasites.
moral of the story, get so rich that you're literally untouchable.
moral of the story is that you cannot
aka be born rich because that's the only feasible way of getting rich.
@@kristoffer3000 that's another way too
@@smallqwaro Let's be honest, it's pretty much the only way.
@@kristoffer3000 you never heard of rags to riches huh
it is so frustrating that the working class currently is not taking any decisive action to dismantle the current broken system favoring the rich
there is a reason they are the working class
@@krellin🤢🤢🤮🤮🤮🤮 you are GROSS
And replace it with what? Another Bolshevik Revolution where you starve half the population and jail the other half?
Maybe because they don’t feel the government fiscal shortfall yet (from tax dodging) because debt is used to cover the deficit.
Anarchy ✊
All the while they tell us were only poor because we're lazy 😅
Dude I just adore your videos thank you for making them possible and publicly available
Your content is getting better and better. And it's already effing amazing
Thanks brother! Although, my views are getting lower and lower.
There is no justice in the world, just laws. One for us, and a different one for them.
[redacted] the rich
The working class should do something about this.
You crushed it once again Bro. Keep it up!
Its not a swiss bank tho, they only have one branch there. Its main branch is in london and it was originally from hongkong
The HongKong and ShangHai Bangking Corporation was originally chartered by the crown for selling illegal substances to a country that didn't want it. Funny now their business model has stayed the same for 150 years and the world has been pretending that they're just a legitimate bank for that entire period.
ah, thats why they say some companies are "too big to fall"
So sad and so true!
I have been trying to explain this to my friends and get a blank stare.
If you try harder, they label you 'extremist'.
Let them work their slave jobs, get your own.
This is a great advertisement for HSBC. Hard to find a bank that has a completely neutral stance for dirty money in an increasingly globalized world.
Hard? Oh boy you need to learn more about banks, specially the Euro dollar market. Nearly every single international bank is fond of hot money lol
HSBC wasn't put out of business b/c they hold so many mortgages shutting them down would destroy national economies. They figured out how to skirt money laundering controls by slightly changing the names/entities of those blocked by international money transfer systems. And just as you said no one was punished and no real substantial fines were paid.
Please, it was because the politicians who could were entirely in league.
The best video of yours that I have watched. This right here is what the masses need to understand. If only people could end their silly squabbles and unite against this cancerous corruption. This shit needs to end. When will people wake up?
I see this happen at many socioeconomic levels. Of course the chances of getting caught and receive some kind of reprimand according to the deed decrease in inverse correlation the more power you can amase. But my point is that those at the top and us at the bottom are essentially the same, I have no faith left in Humankind
@@cheesium238 Yeah I hear you friend. The old saying power corrupts could be altered to humans are just easily corruptible.. Its sad, and we are all hypocritical in many ways. We all do harm. I would advise you to stay true to yourself however, regardless of how sad the human race becomes. There is reward in that alone.
we are all to busy if you cant get everyone in every nation to watch this video then youd see change but the media apparatus wont allow it. they silence anyone who speaks out
@@DreddKnot. Yeah and while the human race at all levels of society can be despicable, I think in most cases this is a result of bad leadership at the top of the pyramid. Its the same situation inside a company for example. If the management are terrible, this creates the environment inside the company that fosters more bad behaviour. Sh1t flows downhill. I think the majority of the human race have decent hearts. Just look at how people come together in natural disasters etc.. Just when the crisis is over, regular programming resumes :(
Did you know that the IRS can only fund the persecution of 500,000 tax evasion offenders each year, which means that if enough people evade their taxes the IRS will crumble.
Just wanted to say that while I'm considering moving away from UA-cam/videos as a source of information, in any case I am going to be keeping a few channels subbed and keep checking in on them, because they are still producing what I consider specifically important work that makes use of the format.
You are on that short list. This video (and it's transcript) are going in my critical references file. And I'm hopping over to Patreon to do what I little can to help. Seriously, thank you.
Why dont you go to the sources instead? One day you might do more then just watch. But that is your decision.
@@zecanas1 I'm moving to the sources, I'm not sure what I implied otherwise and sorry for any confusion! I'm reading more, writing more, reaching out to people more, and watching less. But I do value the creators who kick-started my concerns and work, and some still impress me.
@@ssatva can you please say what the other channels are, assuming this one I liked, maybe I'll like the others too
@@stray8468 In the process, but I'll at least put some up here soon!
Other channels?
It's obvious that all the evil in the world sits in one boat.
Lets call that boat the Federal Reserve Bank. Or the Rothschilds.
@@elJossu amen.
@@elJossu 100%
The line between good and evil crosses through the heart of every man.
But yeah the elite are basically satanic, it's just that they don't have a monopoly on evil, especially as they like to make others complicit in it so as to stop any alternative power centres arising or being supported by the public.
I missed HSBC in the title! 😂
He didn’t like when he found himself in the register!
It’s good to see you are back
Incredible content as always. Thanks @The Hated One
Fantastic work as always!
Glad you are back after a pause !!!❤
This channel is clearly shadowbanned and it is sad because the quality of your videos is amazing. Google probably did not like your big tech critical videos...
what a well researched video article that is! as always top notch quality and even better than that!!! thank you so much for doing what you're doing, please understand that sometimes life can feel very unbalanced and unfair but there's much happening in the backgrounds so keep up your good work!!!!
Damn I will never see the banks the same way especially with the Modern era which recently came out what’s chase is doing too.
Take this business model and apply it to child sex trafficking.
Thank you so much for this information..
I use adblock but always disable it only and only when watching THO videos... appreciate your work
This is some quality meme material right there
You're not wrong on governments and who they go after but I'm not sure if the person who found the vulnerably was a whistle blower, he cut a deal to save himself.
That's really what it looks like.
The people who showed the list were the ones prosecuted 😂 (the Greek guy and the Swedish guy).
We know who is hiding the money.
As they should have been??? They are domestic terrorists???
HSBC's origins are the Opium Wars. It has always been and still is the dirtiest Empire bank, but - sometimes things leak. Now think BlackRock or Vanguard ...
What else is new from paying tax, tax cuts, bailouts and stimulus packages it is always the rich and powerful who gets the biggest slice when in fact they should be paying their share and be penalised heavily as they have the means.
Very well presented. Agree with your views.🎉
Just wanted to say, your videos taught me enough to write an essay on internet privacy and win a scholarship. So thanks 😊 Going for a music major
It's all so tiresome.
It's been a minute bro. Welcome back.
all the greed and the dirty systems.
Great video, nice job
You are the best rest of content creator out there I’m not justified! It comes under my deep heart,true follower
8:52 I kind of jumped out when I heard my country's name because we're barely ever mentionnned anywhere.
thank you very much
great video, sad to see youtube not showing to many people
❤thank you for all your hard work ❤
Absolutely agree ❤
Whenever they say that privacy, secrecy and encryption are bad because they benefit criminals, I remember that the end of these things will only serve to harm ordinary people, because the powerful, even when discovered, go unpunished.
🤬 frustrating. Still, thank you for covering this news.
You have the best music intro!!!! ❤❤❤
Wait until CBDCs - that’s when the shit really hits the fan.
What's CBDCs?
I never comment on videos, put when it comes to ur videos, i just cant let it be, as always great video
Amazimg Channel for Knowledge Thanks Fir the Review.
Dude I have to check your uploads every now and then, I'm certain this wasn't in my feed 3 months ago..
the stroke order for the chinese characters at 0:01 is incorrect
This is truly a clown 🤡 world 🌎
God bless you.
1:23 😂😂😂😂 "When nothing else of significance was going on...13 Sept 2001..."
damn! HSBC looking promising. I'm getting some ideas.
The working class will do absolutely nothing.
Fascism is on the rise worldwide. So the working class will keep the same people in power but punish other even more disadvantaged sections of the working class.
The working class will be lead by political opportunists who use their frustration to push for policies that end up making everyone's lives worse.
I wanted to rewatch your video on Pfizer you did in 2020-2021, but it's deleted. Is there a reupload on Bitchute/Rumble?
What was the name of the video?
@@ShadowPenguin don't remember.
The system is made by the bourgeoisie for the bourgeoisie with the decit of for the working class, what can the proletariats do? 1917 the answer.
Hello The Hated One, I went to the official LineageOS website and I didn't find a build for my smartphone, but I went to UA-cam and I found a build that is for my smartphone and the guy specified in the video description that the smartphone he is using installing LineageOS is the same as mine, is there a problem with installing this build?
Bardzo dobre wideo
Davos money
و هل هناك بنك غير فاسد. و مُفْسِد؟ 🤔
That's why we need to be rich.
And not evil.
what a dumb conclusion
We need to see the value less in materialism when it comes to being truly rich.
Taxation is theft
So personally, I don't see most of what's in the video as a problem
People should have a right to store wealth anonymously
If crimes were committed on getting that money, they should be charged for those crimes, not because money was found
Absolutely, the tyrants just want to take, take, take, take until $1 is taxed $100
I haven't started watching the video yet but l would guess by giving money to the correct people.
citations are cut off mid [8] on bit chute.
china
@@LukSter18998 hopefully THO sees this, logs in and replaces the description with a link to the sources list.
so nobody went to prison , right ?
in us u cannot incriminate with stolen evidence
Can someone please explain how the fbi intercepted encrypted signal messages with tucker carlson and the Kremlin? Is encryption useless now?
I get blocked if i withdraw more than a couple of hundred bucks. Soon they will decided what you can or cant spend your money on if the gatekeepers at Davos are successful.
Fear not. God will return to judge the living and the dead. Vengeance belongs to the Lord!
In South India money laundering is different in poliical vote purchasing....
As if this all started around the time of the Vietnam war. This is the rule, not the exception.
And the same Banks say we need a cbcd against this stuff XD yeah really ppl we should trust
2 mill in switz franc ? Yet I have to explain 400 euro's ?
If you are rich, you should always park your money where government executives park their money. That's the sad moral I got from this video. Tax evasion is too lucrative, because taxes are just too high if you do the hard work to earn a lot.
I know a lot of people who work hard, 12 ~ 16 hours a day, 6 days a week. They are all poor and will never get rich .
I also know a lot of people who never worked a single day in their life but are rich.
Trump had hundreds of thousands of dollars income when he was 3 years old. How hard did he work for that at age 3?
Only gullible people buy the lie that Muskrat was sleeping in the factory.
People get confused because they see small business owners working hard and they assume super rich are doing the same. LOL.
The government is formed BY THE RICH FOR THE RICH.
Of course they are not going to tax themselves.
Let me try to explain it a bit shorter: by being a bank
open blockchain for banks!
The boss one
This is not true. HSBC was fined!
crab rave noises
thought this was gonna be about the federal reserve🌚
wow just fucking wow
Communist undertones at the end like a jump scare
hey it seem you also got shadow ban by the algorithm because talking about this issue. 15k view with 500k sub kinda sus if you think about it
Eat the rich
kapitalisme?
tewl
henis
lol euros
W HSBC.
Did you miss the bit where they helped criminals?
@@jacobscrackers98 they are helping people secure their generation wealth and their future. They have done nothing but serve their clients. Only ones needing punishment is the traitors and domestic terrorists who breached secrecy laws.