General Discussion

KansDem

(28,498 posts)

29. Nothing about its drug laundering?

Mon Jul 13, 2015, 03:04 PM

Jul 2015

Bank of America, Western Union, and JP Morgan, are among the institutions allegedly involved in the drug trade. Meanwhile, HSBC has admitted its laundering role, and evaded criminal prosecution by paying a fine of almost $2 billion. The lack of imprisonment of any bankers involved is indicative of the hypocritical nature of the drug war; an individual selling a few grams of drugs can face decades in prison, while a group of people that tacitly allow -- and profit from -- the trade of tons, escape incarceration.

Banks Launder Billions of Illegal Cartel Money While Snubbing Legal Marijuana Businesses

Too big to jail but just fine to fine?

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HSBC is being outed NOW on CBS "60 Minutes" for aiding felonious US tax evasion [View all] 99th_Monkey Jul 2015 OP

...... daleanime Jul 2015 #1

Heh... hunter Jul 2015 #2

How many felonies does this bank its officers need to commit Jeff Murdoch Jul 2015 #3

Too big to exist. 99th_Monkey Jul 2015 #5

The people running for President glinda Jul 2015 #7

Some thought Obama would do something similar to cstanleytech Jul 2015 #20

Look at the man's 20+ years record in Congress 99th_Monkey Jul 2015 #21

Very well but if it doesnt happen dont get angry at him because the president no matter who it is cstanleytech Jul 2015 #23

Obama appointed his Attorney General, who was Holder until recently 99th_Monkey Jul 2015 #24

Yep, and he'd rather have ISDS courts overrule our government court systems too... cascadiance Jul 2015 #28

+100 nt 99th_Monkey Jul 2015 #31

Good thing I wasnt talking about Holder then. nt cstanleytech Jul 2015 #38

Bernie doesn't owe the banks anything. JDPriestly Jul 2015 #44

It's an international bank headquartered in London Demeter Jul 2015 #10

BP (another "British" multinational company that lives like it is itself a country)... cascadiance Jul 2015 #30

When you hear Britain (or US for that matter) at war JonLP24 Jul 2015 #43

No need to kill it. Just incarcerate it, put it to work for 50 cents a day, and lostnfound Jul 2015 #18

Awesome. I fired HSBC after being there for 30 years. lindysalsagal Jul 2015 #4

yep. outed as criminal bank Liberal_in_LA Jul 2015 #6

Some little teller in the West Undershirt office of HSBC will get convicted and imprisoned. Hoppy Jul 2015 #8

Sad the whistle blower is on unemployment and spent time in jail Person 2713 Jul 2015 #9

"HSBC "declined" to be interviewed."... Spitfire of ATJ Jul 2015 #11

I'm Shocked I tell you! Pharaoh Jul 2015 #12

They have friends in high places BrotherIvan Jul 2015 #13

Calling Mr. Holder! Calling Mr. Holder! Your new clients need you!!!!! Fuddnik Jul 2015 #14

Aw hey, it's just usury folks. raouldukelives Jul 2015 #15

Too big to prosecute. City Lights Jul 2015 #16

CBS is late to the party. Glenn Greenwald in Dec. 2012 pegged HSBC... Octafish Jul 2015 #17

Thank you .. M$M/CBS very late to the party indeed. 99th_Monkey Jul 2015 #22

We must act quickly to clear them of all charges Orrex Jul 2015 #19

The people who were caught were amateurs. BKH70041 Jul 2015 #25

"some financial publication" - Financial Times? closeupready Jul 2015 #26

Unlikely. BKH70041 Jul 2015 #34

Can I ask you an off-topic question? And you may not closeupready Jul 2015 #36

You Can't Whistleblower1 Jul 2015 #41

If they claim to be "corporate persons", time to give them the DEATH PENALTY!!! cascadiance Jul 2015 #27

Nothing about its drug laundering? KansDem Jul 2015 #29

I think that was mentioned, but tax evasion got more airtime 99th_Monkey Jul 2015 #35

Thanks! KansDem Jul 2015 #37

This is a corporation that deserves the death penalty CanonRay Jul 2015 #32

+10 ~nt~ 99th_Monkey Jul 2015 #33

Clinton will prosecute the banks and individuals that committed crimes ... slipslidingaway Jul 2015 #39

HSBC-CLUELESS, and going down Whistleblower1 Jul 2015 #40

Outed NOW? JonLP24 Jul 2015 #42