The $100 bill has become for the US what opium was for 19th century Britain

[mia]

Is money laundering the favourite crime of America’s elite?
...Now everyone knows what a money launderer looks like. They are ex-campaign officials who get in and out of limousines with their lawyers. They are friends of Russians. In a movie, they would be the villain’s flabbier henchman, turned into piranha food by the end of the second act....

You cannot commit the crime of money laundering unless you are somehow concealing the proceeds of an underlying crime. Once that is done, money laundering is easier to document and chart than meandering witness statements, fuzzy images, or indistinct audio recordings.

Paul Manafort, the one-time head of the Trump presidential campaign, may or may not be guilty of the crimes charged by Special Counsel Robert Mueller. He is not a criminal mastermind, though. If he were, he would have brought his shadily acquired gains into the US in a crate of $100 bills, declared it as “Fifth Amendment income” and paid taxes on it.

He might still be a social pariah. But he would not be facing a lifetime in prison.

https://www.ft.com/content/f09dad9c-1dfc-11e8-956a-43db76e69936

[highplainsdem]

1. You forgot the link. Here:

https://www.ft.com/content/f09dad9c-1dfc-11e8-956a-43db76e69936

[mia]

2. Thank you.

Will edit post.

[highplainsdem]

4. You're welcome. I've done that myself sometimes, esp with early morning posts.

[highplainsdem]

3. K&R