Top banks fund cluster bombs as ban nears - Profundo consultancy report , page 1

Top banks fund cluster bombs as ban nears - Profundo consultancy report

www.heraldsun.com.au

LEADING banks have funded cluster bomb-makers to the tune of $US5 billion ($5.5 billion) in the past two years despite an international accord to ban the weapons, a study said overnight.
The report by Profundo consultancy and several NGOs said the banks loaned money to companies whose products include cluster bombs or their components. The manufacturers could use the money for any of their production lines.

The top five loan providers were Bank of America, Citigroup, JP Morgan, Barclays...

(visit the link for the full news article)

Banks - say no more right?

Providing they are turning a profit it doesn't matter if it's healthy or unhealthy. Blood money investments to provide more golden parachutes to the pricks who think that they run more than they should.

Most of planet Earth has decided that clusterbombs are 'illegal' to use. Well, big deal - what happens to them when they are used? Who polices it and deals out the 'justice'?

I guess the banks could argue ignorance about not knowing where there money was specifically heading... They're probably so far above laws that the contempt wouldn't make a difference.

www.heraldsun.com.au
(visit the link for the full news article)

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