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You do. HSBC was fined billions of dollars for money laundering. Although some argue that convictions of individuals would be better.
by howlingfantods 11y ago
You do. HSBC was fined billions of dollars for money laundering. Although some argue that convictions of individuals would be better.
- newjersey 11y agoNobody got a criminal conviction. How are we OK about this?
- ensignavenger 11y agoRumor has it that their profits from money laundering were substantially greater than the fines, though.
- xorcist 11y agoI don't think we have to call that just a rumor. I haven't heard anyone argue they weren't. But it's not important what the bank paid. Everyone involved got their bonuses. No one was responsible. No one paid back. I don't think anyone involved cried over any fines the company had to pay.