Vienna Based Antonio Maria Costa of the United Nation’s Office on Drugs and Crime in an interview with Austrian magazine Profil says

It looks, as if interbank credits were financed by funds, which come from the drug trade and other illegal activities. It is obviously difficult to prove, but there are indications that some banks have been rescued using these funds. This is my translation; you can read a Google translation here or the original article in German here.

So it seems towards the end of last year bankers didn’t care where they got the money, just so long as they could save (or mostly not) their banks. Hey seems like we’re all pimps now.

Hat Tip: Ten Percent.