Just before sunset on April 10, 2006, a DC-9 jet landed at the international airport in the port city of Ciudad del Carmen, 500 miles east of Mexico City. As soldiers on the ground approached the plane, the crew tried to shoo them away, saying there was a dangerous oil leak. So the troops grew suspicious and searched the jet.
They found 128 black suitcases, packed with 5.7 tons of cocaine, valued at $100 million. The stash was supposed to have been delivered from Caracas to drug traffickers in Toluca, near Mexico City, Mexican prosecutors later found. Law enforcement officials also discovered something else.
The smugglers had bought the DC-9 with laundered funds they transferred through two of the biggest banks in the U.S.: Wachovia Corp. and Bank of America Corp., Bloomberg Markets reports in its August 2010 issue.
This was no isolated incident. Wachovia, it turns out, had made a habit of helping move money for Mexican drug smugglers. Wells Fargo & Co., which bought Wachovia in 2008, has admitted in court that its unit failed to monitor and report suspected money laundering by narcotics traffickers — including the cash used to buy four planes that shipped a total of 22 tons of cocaine.
The admission came in an agreement that Charlotte, North Carolina-based Wachovia struck with federal prosecutors in March, and it sheds light on the largely undocumented role of U.S. banks in contributing to the violent drug trade that has convulsed Mexico for the past four years.
Wachovia admitted it didn’t do enough to spot illicit funds in handling $378.4 billion for Mexican-currency-exchange houses from 2004 to 2007. That’s the largest violation of the Bank Secrecy Act, an anti-money-laundering law, in U.S. history — a sum equal to one-third of Mexico’s current gross domestic product.
“Behind every great fortune is a great crime.” - Honoré de Balzac
NASA’s plucky Voyager 2 spacecraft has hit a long-haul operations milestone today (June 28) — operating continuously for 12,000 days. For nearly 33 years, the venerable spacecraft has been returning data about the giant outer planets, and the characteristics and interaction of solar wind between and beyond the planets. Among its many findings, Voyager 2 discovered Neptune’s Great Dark Spot and its 450-meter-per-second (1,000-mph) winds.
The two Voyager spacecraft have been the longest continuously operating spacecraft in deep space. Voyager 2 launched on August 20, 1977, when Jimmy Carter was president. Voyager 1 launched about two weeks later on Sept. 5. The two spacecraft are the most distant human-made objects, out at the edge of the heliosphere — the bubble the sun creates around the solar system. Mission managers expect Voyager 1 to leave our solar system and enter interstellar space in the next five years or so, with Voyager 2 on track to enter interstellar space shortly after that.
Having traveled more than 21 billion kilometers (13 billion miles) on its winding path through the planets toward interstellar space, the spacecraft is now nearly 14 billion kilometers (9 billion miles) from the sun. A signal from the ground, traveling at the speed of light, takes about 12.8 hours one-way to reach Voyager 2.
Voyager 1 will reach this 12,000-day milestone on July 13, 2010 after traveling more than 22 billion kilometers (14 billion miles). Voyager 1 is currently more than 17 billion kilometers (11 billion miles) from the sun.