Narco Bailout

One of the free market's dirty little secrets: The fact that a large proportion of the world economy's 'fluid assets' come in the form of criminal proceeds from illegal drug deals.

Now the UN crime Czar is revealing how billions of dollars worth of drugs money kept the financial system afloat at the height of the global crisis.

"Antonio Maria Costa, head of the UN Office on Drugs and Crime, said he has seen evidence that the proceeds of organized crime were "the only liquid investment capital" available to some banks on the brink of collapse last year."

Makes you wonder how dirty that old 'invisible hand' of the free market really is.