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The 'compare and contrast' case is that of not a single HSBC employee or executive being arrested for helping the Sinaloa drug cartel launder over $2 billion in
by photochemsyn 4y ago
The 'compare and contrast' case is that of not a single HSBC employee or executive being arrested for helping the Sinaloa drug cartel launder over $2 billion in profits.
> "Across the world, HSBC likes to sell itself as ‘the world’s local bank,’ the friendly face of corporate and personal finance. And yet, a decade ago, the same bank was hit with a record U.S. fine of $1.9 billion for facilitating money laundering for ‘drug kingpins and rogue nations.’"
https://www.goodreads.com/book/show/61349754-too-big-to-jail https://www.goodreads.com/book/show/61349754-too-big-to-jail