How Drug Money Saved Banks in 2008

The banking system nearly imploded in the fall of 2008. Worldwide, a handful of major banks had been exposed to speculative losses because the economic collapse. These banks were rescued with hundreds of billions of dollars in government bailouts. What's often overlooked is how the banks, which survived on government life support and then repaid their loans, profited from drug trafficking and money laundering by big-time criminals, in this video we explore that and so much more. #Economics #Finance #Banks

[HelliDontKno]

Who's here because they saw the clip from "Ozarks"??

[miles]

the kid was right from “Ozarks”
im still mad the teacher got mad

[tshidisomakinta]

It's crazy that bank owners actually made money in their personal capacity during that crisis

[maywjeat]

Kilos were going for $15k in the south and selling for $25k in Chicago .. good times 🤘🏼