Mexico looks within

Financial Times, 7/18/12

This week’s US Senate probe into HSBC’s laundering of Mexican drug money seems  to confirm Mr Calderón’s complaints. In many ways, it also confirms the popular  Mexican notion that when it comes to the “War on Drugs”, Mexico provides the  deaths while the US gets to keep all the money.
Yet on Wednesday, Mexican newspapers were as quick to flagellate local  authorities for their ineffectiveness in fighting organised crime and  money-laundering as they were to use the HSBC scandal to slam western countries  for failing to do their bit in the “war on drugs”.

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