Silver as an investment

FSN: French Bank BNP Paribas Pleads Guilty Criminal Conspiracy Charges, Fined Record $9 Billion; Anyone Headed to Prison?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

by Mike “Mish” Shedlock
MISH’S Global Economic Trend Analysis

Today, French bank BNP Paribas plead guilty Monday to criminal money-laundering laws by helping clients dodge sanctions on Iran, Sudan and other countries.

As part of the settlement, BNP will pay a record penalty of close to $9 billion.

Former ECB president Jean-Claude Trichet said the fine was neither fair, just, nor proportionate and carries risks for the global financial system.

CCN Money has the synopsis in BNP Paribas to Pay Nearly $9 Billion Penalty.

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