thedailycaveat:

Simply a must-read.

On 10 April 2006, a DC-9 jet landed in the port city of Ciudad del Carmen, on the Gulf of Mexico, as the sun was setting. Mexican soldiers, waiting to intercept it, found 128 cases packed with 5.7 tons of cocaine, valued at $100m. But something else – more important and far-reaching – was discovered in the paper trail behind the purchase of the plane by the Sinaloa narco-trafficking cartel.

Since when is $100 million in confiscated cocaine only the preamble? The real story came from tracing the ownership of the plane. That paper trail and a 22-month investigation that followed lead to stunning revelations about one of America’s biggest banks.

Read on.

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