Lloyds TSB Pays $350M To End Investigation...One Which Substantiates Betraying The U.S.

WE THE PEOPLE can forget about the Congressional pursuit of any "Bailout Billions" to the journey's end. They are having difficulty finishing the job when it comes to foreign businesses which are clearly engaged in "criminal conduct" against the United States! Yep, we have a confession...followed by an agreement to forfeit the ill-gotten gain in return for the investi-gation's termination. The treachery took place in a period between 1995 and 2007. It was even going on after 9-11! The bank boasts the following on its website:

Bank of the Year 4 years running
The UK’s safest bank
Rated Aaa by Moody’s, the highest rating given to any UK high street bank
Most trusted bank for the last 8 years

According to Assistant Attorney General Matthew Friedrich, "For more than 12 years, Lloyds facilitated the anonymous movement of hundreds of millions of dollars from US-sanctioned nations through our financial system." Lloyds removed customer names, bank names, and addresses in order for wire transfers to pass "undetected" through US banks (which had filters in place based on the removed data). The bank forged records so "clients" in Iran, Libya and Sudan could conduct business via US institutions. And conduct they did...to the tune of more than $350m. It is the policy of the US to prohibit countries, businesses, or individuals from accessing our banking system when there is a conflict based on foreign policy or national security. The tentative (probably done-deal) agreement would have Lloyds TSB forfeiting half of the money to the US and half to New York County in return for the Justice Department's recommendation that charges be dismissed in a two year time period. I guess the price of betrayal is close to $350m then...if we are dumb enough to accept it.

Note: If we can't put a price on freedom then we can't put a price on betrayal. Let the charges stand!

May God bless America...and may America deserve it!

Zanne Booker 01-12-09