HSBC Gets Away With It

Read Taibbi’s piece on the HSBC settlement.  Our Justice Department takes money (“partial deferment of executive bonuses” are you kidding me?) from HSBC to look the other way regarding TEN YEARS of laundering drug money.  Apparently, if you are “systemically important,” you can launder money for terrorists and the cartels and pay a fine.  But if you are in possession of an ounce of weed, and you are poor, you are off to Jan Brewer’s private prisons.

http://www.rollingstone.com/politics/blogs/taibblog/outrageous-hsbc-settlement-proves-the-drug-war-is-a-joke-20121213

 

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