Corruption in Financial Institutions Power corrupts. Whn money is considered as power, those who have power over money are very suceptible to corruption.

Corruption in IMF & World Bank[edit | edit source]

There are Corruption accusations against IMF & World Bank.[1]

Corruption in Credit & Banking organizations[edit | edit source]

Credit means loan, a Credit Card is a card of loan. It is not a good idea to use loans to buy everything, because you might overspend -and that, is what these loan sharks are counting on: for you to not be able to pay back the credit, so they can confiscate your property.

Government pressure on Finance organizations[edit | edit source]

As Finance organizations that deal with money within a government system, they are also very susceptible to Government pressure.

Visa, Mastercard, Paypal, etc. banned users from sending money to WikiLeaks, due to pressure from US government.

references[edit | edit source]

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