In his book, Killing the Host, Michael Hudson states that the U.S. Government asked major U.S. Banks to establish banks in the Caribbean to attract drug money. This demand for U.S. dollars was necessary to balance the enormous outflow of dollars being spent on the government's perpetual wars. Without this balance, the value of the dollar would drop.
So, here we had the U.S. government illegally, via a third party, laundering drug money for the cartels.
If such laundering is still ongoing.is it any wonder that the senior bankers of these same banks are not being prosecuted for other crimes they have committed, since they have the government over a barrel with regard to this illegal money laundering. Plus, who knows what else the U.S. government is doing, via these banks, to prop up the dollar..