It’s a scene familiar to anyone who’s seen Scarface, the 1983 classic starring Al Pacino as a Cuban drug dealer who makes it big in the cocaine business.
Tony Montana (Pacino) is holding court in his Florida estate. His visitor is a WASP-ish banker.
Bankers as a rule don’t make house calls. But Tony is no ordinary customer–his men literally haul bags full of bills into the bank when making deposits.
Except that now the banker has some unpleasant news for Tony:
“We’re not a wholesale operation. We’re a legitimate bank. The more cash you give me……the harder it is for me to rinse.
“The fact is I can’t take any more of your money unless I raise the rates on you.”
TONY: You gonna raise…
BANKER: I gotta do it.
BANKER: The IRS is coming….
TONY: Don’t give me that shit! Let’s talk. I’m talking. I go low, you go high. I know the game. This is business talk.
BANKER: Let me explain something. The IRS is coming down heavy on South Florida. There was a Time magazine story that didn’t help.
There’s a recession. I got stockholders I got to be responsible for. I got to do it, Tony.
TONY: We’ll go somewhere else. That’s it.
BANKER: There’s no place else to go.
TONY: Fuck you, man! Fuck you! I’ll fly the cash myself to the Bahamas. BANKER: Once maybe. Then what? You’ll trust some monkey in a Bahamian bank with millions of your hard-earned dollars? Come on, Tony. Don’t be a schmuck. Who else can you trust? That’s why you pay us what you do. You trust us.
Stay with us. You’re a well-liked customer. You’re in good hands with us.
(At this point, movie audiences burst into laughter. The line, “You’re in good hands with us” seemed directly lifted from the slogan used by Allstate Insurance: “You’re in good hands with Allstate.”)
Now, fast forward to 2014.
A Reuters news story dated May 21, 2014 noted that investigators from the Federal Securities and Exchange Commission (SEC) were probing Charles Schwab and Bank of America Corporations Merrill Lynch brokerage.
The SEC wants to determine if these brokerages violated anti-money laundering rules that require financial institutions to know their customers.
Broker-dealers are required to establish, document and identify customers and verify their identities in compliance with the Bank Secrecy Act.
In 2012, David Cohen, the U.S. Treasury Undersecretary for Terrorism and Financial Intelligence David Cohen, ordered regulators to guarantee that financial institutions are identifying the true beneficial owners of their accounts.
The reason: Drug cartels and terrorist groups have become highly creative in hiding and transferring their illegal funds.
According to sources close to the investigation, Charles Schwab and Merrill accepted shell companies and persons with phony addresses as clients.
In both cases, some of the accounts were eventually linked to drug cartels. Some of those accounts held hundreds of thousands of dollars; others held millions.
A Texas rancher and Charles Schwab client transferred money to a holding company that was actually a shell company.
Most of the Schwab clients being investigated lived near the Mexican border. Some were linked to Mexican drug cartels.
No further stories could be found on the Internet to update the progress of these investigations.
In fact, the government should have assumed long ago that brokerage companies were engaging in such behavior.
As Niccolo Machiavelli warned in The Discourses, his landmark book on how to preserve freedom within a republic:
All those who have written upon civil institutions demonstrate…that whoever desires to found a state and give it laws, must start with assuming that all men are bad and ever ready to display their vicious nature, whenever they may find occasion for it.
Niccolo Machiavelli
If their evil disposition remains concealed for a time, it must be attributed to some unknown reason; and we must assume that it lacked occasion to show itself.
But time, which has been said to be the father of all truth, does not fail to bring it to light.
Whenever the creating of wealth becomes an end in itself, all other ends are sacrificed to this.
Greed begins in the neurochemistry of the brain. A neurotransmitter called dopamine fuels our greed. The higher the dopamine levels in the brain, the greater the pleasure we experience.
Harvard researcher Hans Breiter has found, via magnetic resonance imaging studies, that the craving for money activates the same regions of the brain as the lust for sex, cocaine or any other pleasure-inducer.
But snorting the same amount of cocaine, or earning the same sum of money, does not cause dopamine levels to increase. So the pleasure-seeker must increase the amount of stimuli to keep enjoying the euphoria.
Federal investigators need to view large concentrations of wealth as sources for at least potential corruption.
And they should ruthlessly–and routinely–investigate those sources, whether in the vaults of the Mafia or of major financial institutions.
Bureaucracybuster's Blog 
ABC NEWS, AL PACINO, ALABAMA, ALTERNET, AP, BREITBART NEWS, BUZZFEED, CBS NEWS, CNN, CROOKS AND LIARS, DAILY KOZ, DONALD TRUMP, DOUG JONES, EMILIO BARZINI, FACEBOOK, FOX NEWS, FREDO CORLEONE, JAMES CCAN, JOHN CAZALE, MAFIA, MARLON BRANDO, MICHAEL CORELEONE, MITCH MCCONNELL, MOTHER JONES, MOVEON, NBC NEWS, NEWSWEEK, NPR, PAUL RYAN, POLITICO, RAW STORY, REPUBLICANS, REUTERS, ROY MOORE, SALON, SEATTLE TIMES, SEXUAL PREDATORS, SLATE, SONNY CORLEONE, STEVE BANNON, THE ATLANTIC, THE CHICAGO SUN-TIMES, THE CHICAGO TRIBUNE, THE DAILY BEAST, THE GODFATHER, THE GUARDIAN, THE HILL, THE HUFFINGTON POST, THE LOS ANGELES TIMES, THE NATION, THE NEW YORK TIMES, THE WASHINGTON POST, TIME, TWITTER, U.S. NEWS & WORLD REPORT, UPI, USA TODAY, VITO CORELEONE
WHEN CRIMINALS FALL OUT, AMERICA WINS
In Bureaucracy, Business, History, Law Enforcement, Politics, Social commentary on November 16, 2017 at 12:17 amIn 1972, warfare erupted the between the two most powerful Mafia families of New York.
On one side: The Corleone Family, headed by “Don Vito” Corleone. On the other: The Barzini Family, whose boss was Emilio Barzini.
Moviegoers flooded theaters across the nation to make The Godfather the highest-grossing film of 1972—and, for a time, the highest-grossing film ever made.
Audiences rooted for the Corleones and thrilled whenever a Barzini “soldier” bit the concrete. And they moaned when Vito Corleone (Marlon Brando) was shot and wounded at an outdoor market and Sonny Corleone (James Caan) got riddled by machine guns on a New Jersey causeway.
Why did so many moviegoers feel compelled to side with the Corleones?
One reason was that, early in the film, Don Corleone rejects an offer by the Barzini Family to enter the narcotics-trafficking business.
Many viewers saw this as proof that “Don Vito” was more honest than other Mafia chiefs who did enter the drug trade. In fact, Corleone made it clear that he wanted to stay out for completely practical reasons.
When speaking with Virgil Sollotzzo, the Turkish drug kingpin backed by the Barzinis, Corleone says: “It makes no difference to me what a man does for a living. But your business is a little dangerous.
“It’s true I have a lot of friends who are judges and politicians. And they don’t mind if people want to gamble, or drink, or even pay for a woman. But they wouldn’t be so friendly if they knew my business was drugs.”
In short, it wasn’t morality that led him to steer clear of narcotics trafficking. He simply didn’t want to go to prison.
The other reason so many viewers identified with the Corleones lay in the brilliant casting of their members.
But the fact remained that the Corleones—for all their homilies about “honor” and “loyalty”—were every bit as greedy and lethal as their Mafia competitors. They just played the game more ruthlessly—and successfully.
All of which brings us to the current Mafia-like struggle within the Republican party in Alabama.
On one side: Roy Moore, the twice-ousted former chief justice of the Alabama supreme court, who is running for U.S. Senator.
Roy Moore
On the other: “Establishment” Republicans like Senate Majority Leader Mitch McConnell and House of Representatives Speaker Paul Ryan.
The uproar started when four women, in a Washington Post story, accused Moore of seeking romantic relationships with four teenage girls while he was in his 30s, and even trolling malls for such dates.
The worst of these charges came from Leigh Corfman, who said that, when she was 14, Moore took off her “shirt and pants and removed his clothes,” touched her “over her bra and underpants” and “guided her hand to touch him over his underwear.”
One of Moore’s defenders is Steve Bannon, executive chairman of Breitbart News, an online Right-wing news, opinion and commentary website.
“This is nothing less than the politics of personal destruction,” he told Bloomberg News. “And they need to destroy him by any means necessary.”
Another is Sean Hannity, a talk show host on Fascistic Fox News. Interviewed on Hannity’s program, Moore said he did “not generally” remember dating teenagers when he was in his 30s.
Many Republicans want President Donald Trump to publicly urge Moore to step aside. But Trump is extremely reluctant to do so—and for good reason.
On October 12, 2016, The Palm Beach Post, The New York Times and People all published stories of women claiming to have been sexually assaulted by Trump. By October 14, at least 12 women had publicly accused Trump of sexually inappropriate behavior.
Trump, having become the poster boy of sexual harassment—if not predators—does not want the public once again reminded of his own repellent behavior.
There are several possible outcomes here—all of them disastrous for the Republican party.
When predatory Mafiosi wipe each other out, honest citizens win. When Fascistic Republicans wage war on each other, democracy wins.
Share this: