Are the Mexican Drug Cartels Running Our Banks?

Are Wachovia, Bank of America and Wells Fargo money laundering Mexican drug cartel money? This interview from Bloomberg is with Martin Woods who was the anti-money laundering officer for Wachovia.

American Banks ‘High’ On Drug Money

Wachovia officials ordered Woods to cease inquiries about Mexican CDCs and to also stop blocking other Eastern Europe and Moscow accounts. The British investigator, snapped, “I don’t need to read up on Mexico. My interest are drug trafficking and money laundering.”


Where is the U.S. Department of Justice investigation or is this another facet of the administration’s involvement with illegal firearms’ traffic? Who’s in the back pocket of the Mexican drug cartels: ask Eric Holder.

David DeGerolamo

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