Winter is upon us, however, complete with ice even forming at the Santa Fe dam.
Daily Archives: December 11, 2012
Board of Supervisors meet December 18th
The next meeting of the Coconino County Board of Supervisors will be Tuesday, December 18th from 6 pm to 9 pm. The location is 219 East Cherry Ave in Flagstaff.
County offices will be closed December 25th for Christmas.
“Drug cartels’ bank,” HSBC, to see no arrests
(CBS News) As bank slogans go, they don’t come worse than this: “The preferred financial institution of drug cartels and money launderers.”
That’s a quote Tuesday in a U.S. Department of Justice report about HSBC Holdings, one of the largest banks in the world.
To avoid criminal prosecution, HSBC admitted Tuesday that it laundered more than $800 million for Mexican drug cartels, and covered up illegal transactions for Burma, Iran, Sudan, Cuba, and Libya.
Those nations were under banking sanctions because of human rights atrocities, terrorism, or — in Iran’s case — a nuclear program.
The British bank will pay $1.9 billion to the U.S. government, the largest such fine in history.
Read more at CBS News