FinancialGuy Writes!

Corruption amongst public officials is never nice, but it seems that suddenly it is everywhere. Amongst the recent news I have seen references alleging:

– Slovenian politicians not declaring their incomes
– Greek politicians overlooking tax evading family members on the “Lagarde list”
– Spanish politicians apparently receiving extra cash each year
– the suspension of the Vatican Bank’s credit card processing system
– Who knows what will emerge from the Banca Monte Paschi di Siena and what are apparently 40 million euros of ‘payments’ on top of the derivatives trades that are bringing the bank into such trouble
– Allegations against former Commissioner Dalli relating to up to 60 million euros of requested bribe money

At this stage, who knows who did what and when and what the outcomes of the above might be. What I do know is that there seems to be more emerging each week. This might just be the tip of quite a large iceberg.

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