Little did I realize when paying my credit card debt to HSBC that I was helping Mexican drug lords in their quest to launder money. A US Senate investigation of HSBC reveals it worked for years with drug folk, terrorists, and certain nations led by thug dictators. HSBC executives used subsidiaries to launder billions of dollars for drug lords, terrorist groups and dictators. They even got armored vehicles and used them to transport drug money across borders. They even used funds from the Cayman islands to purchase planes for drug lords.
HSBC executives argued they faced a difficult situation since refusing requests from drug lords might have led to deaths of their employees. In other words, when it comes to obeying the law, HSBC prefers obeying criminals. I wonder how much of my money went to help support dictators around the world.