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The US Justice Dept has publicly said that Justice is better served by seeking huge fines against banks (and presumably other large organizations) instead of cr
by stephengillie 11y ago
The US Justice Dept has publicly said that Justice is better served by seeking huge fines against banks (and presumably other large organizations) instead of criminal prosecution against individuals.
- scintill76 11y agoI was going to be devil's advocate and say they technically haven't said that, but since they cited collateral consequences of prosecution like costing thousands of jobs[1], that pretty much is them saying their way was the most just way. [1] http://www.theguardian.com/commentisfree/2012/dec/12/hsbc-prosecution-fine-money-laundering http://www.theguardian.com/commentisfree/2012/dec/12/hsbc-pr... I think threats to "jobs" are right up there with pedophilia and terrorism. Won't somebody please think of the jobs?!! PS Does anyone have video of that press conference? I think I found the documents here (http://www.justice.gov/opa/documents-and-resources-december-11-2012-hsbc-press-conference http://www.justice.gov/opa/documents-and-resources-december-...) but it would be interesting to see the questions and answers that The Guardian summarized.