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Sadly, you're wrong with your conspiracy theory. It's sad because it's not that they don't look closely. They do, but they condone - publicly. HSBC "spent yea
by pizza234 12y ago
Sadly, you're wrong with your conspiracy theory.
It's sad because it's not that they don't look closely. They do, but they condone - publicly.
HSBC "spent years committing serious crimes, involving money laundering for terrorists", and there's been no penal prosecution, with the public (let me repeat: public) justification that prosecuting it penally would lead to a too big loss for the economy.
There has been some discussion previously. Links here:
http://www.theguardian.com/commentisfree/2012/dec/12/hsbc-prosecution-fine-money-laundering http://www.theguardian.com/commentisfree/2012/dec/12/hsbc-pr...
http://www.rollingstone.com/politics/blogs/taibblog/outrageous-hsbc-settlement-proves-the-drug-war-is-a-joke-20121213 http://www.rollingstone.com/politics/blogs/taibblog/outrageo...
update: added links
- joosters 12y agoBut HSBC isn't a US bank, it's UK-based. So the pattern still holds.
- deleted 12y ago[deleted]