Anonymous ID: 29a786 July 6, 2022, 9:03 a.m. No.16639659   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>16495935

>How the bear became the symbol of Russia CONT

 

In fact, what was sold and marketed as bear's grease was sometimes just English pig fat, but English gentlemen were far too preoccupied with curing their embarrassing baldness, and so the power of advertising was left to do its thing.

 

A case of geography

Another reason Russia was associated with bears in the eyes of Europeans was a famous bear academy that was established in the 17th century in the town of Smorgon. Calling it an academy was probably a bit ambitious for what was really just a private school that trained bears for circuses throughout Europe. And it did not matter that at the time Smorgon was part of the Polish-Lithuanian Commonwealth. The average European was not particularly bothered with geographical accuracy. They knew that it was somewhere in the east, and they knew that somewhere in the east was Russia.

 

It is therefore not surprising that when England began to produce political cartoons and engravings in the 19th century, Russia was always depicted in them as a bear. This image was picked up by others, and during the Cold War the bear became a metaphor for the cruel, bloodthirsty policies of the USSR.

 

Olympic symbol

Do Russians like the bear as a symbol? It's hard to say. It was always somewhere in the background, as it were. But the Russian bearโ€™s popularity in Europe was such that the Soviet Union decided the bear's negative image could at least be shown in a more positive light, simply by reminding the West that the bear is a very brave, strong and tenacious animal. Not to mention a great mascot for the Olympics!

 

And so it was that many viewers were moved to tears when the bear mascot soared up into the sky on dozens of balloons at the closing ceremony of the 1980 Moscow Olympics.

 

Later, after the breakup of the USSR, the bear was one of the contenders to appear on the Russian national emblem, but it lost to the Russian Imperial double-headed eagle. However, the bear had a comeback in the early 2000s, when it was picked as the symbol of the ruling United Russia party

Anonymous ID: 29a786 July 6, 2022, 9:03 a.m. No.16639665   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

DiCkHeAdS I ALMOST LOVE YOU, I HAVE A WEIRD WAY OF PRAYING I GUESS BUT I HAVE GAINED SOME PERSPECTIVE FINALLY, THANKS FOR HEARING ME OUT, SORRY ABOUT THE RED TEXT ANONS, IT MIGHT HAPPEN AGAIN, MUCH FEELS!!!

Anonymous ID: 29a786 July 6, 2022, 9:03 a.m. No.16639677   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>16541765

tyb

Switzerland-Based Global Investment Bank, Credit Susie, Found Guilty in Cocaine Cash Laundering Case

https://www.reuters.com/business/finance/court-convicts-credit-suisse-money-laundering-case-2022-06-27/

===

JOKE JUSTICE, $2 MILLION FINE, EMPLOYEE RECEVIED SUSPENDED PRISON SENTENCE AND THEY SEIZED THE GANGS MONEY

Note: Looks like klaus and his minions attempt to go to digital currency reset, take down the banks and make a case for global digital tracking via global accounting system already up and running!!!

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Credit Suisse first major Swiss bank to face criminal trial

Former banker found guilty of qualified money laundering

Bank plans to appeal

BELLINZONA, Switzerland, June 27 (Reuters) - Credit Suisse (CSGN.S) was convicted by Switzerland's Federal Criminal Court on Monday of failing to prevent money-laundering by a Bulgarian cocaine trafficking gang in the country's first criminal trial of one of its major banks. read more

A former employee was found guilty of money-laundering in the trial, which included testimony on murders and cash stuffed into suitcases and is seen as a test case for prosecutors taking a tougher line against the country's banks.

Summary

Companies

Credit Suisse first major Swiss bank to face criminal trial

Former banker found guilty of qualified money laundering

Bank plans to appeal

BELLINZONA, Switzerland, June 27 (Reuters) - Credit Suisse (CSGN.S) was convicted by Switzerland's Federal Criminal Court on Monday of failing to prevent money-laundering by a Bulgarian cocaine trafficking gang in the country's first criminal trial of one of its major banks. read more

A former employee was found guilty of money-laundering in the trial, which included testimony on murders and cash stuffed into suitcases and is seen as a test case for prosecutors taking a tougher line against the country's banks.

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The ruling marks another headache for Switzerland's second-biggest bank, which has been reeling from billions in losses racked up via risk-management and compliance blunders.

Federal prosecutor Alice de Chambrier welcomed the verdict as "good for transparency".

Both Credit Suisse and the former employee had denied wrongdoing.

Credit Suisse said it would appeal against the conviction. read more

The judges looked at whether Credit Suisse and the former employee did enough to prevent the cocaine trafficking gang from laundering profits through the bank from 2004 to 2008. read more

The court said on Monday it found deficiencies within Credit Suisse both with regard to the management of client relations with the criminal organisation and with regard to the monitoring of the implementation anti-money laundering rules.

"These deficiencies enabled the withdrawal of the criminal organisation's assets, which was the basis for the conviction of the bank's former employee for qualified money laundering," the court said.

"The company could have prevented the infringement if it had fulfilled its organisational obligations," the presiding judge said in handing down the verdict, adding that the former employee's superiors had been "passive".

Credit Suisse said the case arose from a investigation that dated back more than 14 years.

"Credit Suisse is continuously testing its anti-money laundering framework and has been strengthening it over time, in accordance with evolving regulatory standards," the bank said.

"Generating compliant business growth in line with legal and regulatory requirements is key for Credit Suisse."

Credit Suisse was fined 2 million Swiss francs ($2.1 million). The court also ordered the confiscation of assets worth more than 12 million francs that the drug gang held in accounts at Credit Suisse, and ordered the bank to relinquish more than 19 million francs โ€“ the amount that could not be confiscated due to internal deficiencies at Credit Suisse.

The court handed the former employee, who cannot be named under Swiss privacy laws, a suspended 20-month prison sentence and a fine for money laundering.

The presiding judge said she had failed to fulfil her role in the bank's "first line of defence".

The former banker's attorney said she would appeal against the "unfounded and unfair decision", noting she had not made any financial gain.

"This judgment places the responsibility for money laundering on people without any serious training or experience," her attorney said.

 

continued

Credit Suisse shares closed up 0.4%, while the European banking sector index (.SX7P) rose 0.3%. They are down more than 40% in the past year.

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