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Smack and Crack on Wall Street

  • Raul Salanis Gortari laundered $87 million through Citibank.
  • Drug money laundered into legitimate business earnings:
    • Inflates balance sheets
    • Increases stock valuations by about 20 times -- the "pop" on Wall Street.
  • June 1999: President of NYSE, Richard Grasso visits FARC
    • Tells AP brings: "a message of cooperation from U.S. financial services".
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