(Before It's News)
 |
HSBC Motto: ‘Jamming more pyramids into a logo than any other financial institution’ |
|
rollingstone.com
By Matt Taibbi
The deal was announced quietly, just before the holidays, almost like the government was hoping people were too busy hanging stockings by the fireplace to notice. Flooring politicians, lawyers and investigators all over the world, the U.S. Department of Justice granted a total walk to executives of the British-based bank HSBC for the largest drug-and-terrorism money-laundering case ever.
Yes, they issued a fine – $1.9 billion, or about five weeks’ [worth of HSBC] profit – but they didn’t extract so much as one dollar or one day in jail from any individual, despite a decade of stupefying abuses.
President Andrew Jackson Shut Down Hamilton/Rothschild Collectivism Bilk Banks.
People may have outrage fatigue about Wall Street and more stories about billionaire greedheads getting away with more stealing often cease to amaze. But the HSBC case went miles beyond the usual paper-pushing, keypad-punching sort-of crime, committed by geeks in ties, normally associated with Wall Street. In this case, the bank literally got away with murder – well, aiding and abetting it, anyway.
For at least half a decade, the storied British colonial banking power helped to wash hundreds of millions of dollars for drug mobs, including Mexico’s Sinaloa drug cartel, suspected in tens of thousands of murders just in the past 10 years – people so totally evil, jokes former New York Attorney General Eliot Spitzer, that “they make the guys on Wall Street look good.”

Source:
http://www.ascensionearth2012.org/2014/01/hsbc-banksters-receive-slap-on-wrist.html