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A comment on Letter from Elizabeth Warren to Ben Bernanke, Eric Holder, and Mary Jo White. Parent comment

Re:Letter from Elizabeth Warren to Ben Bernanke, Eric Holder... by rsingel on Thursday May 16, 2013 @03:08AM (#5717330)
Right. So taking HSBC to trial for rampant, repeated money-laundering for drug cartels would have been more fitting of a dictatorship? Instead we let a criminal conspiracy go unpenalized except for a lame monetary settlement.

Warren's dead right. The finance guys all know they'll almost never get prosecuted.

http://www.guardian.co.uk/business/2012/dec/11/hsbc-bank-us-...

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Re:Letter from Elizabeth Warren to Ben Bernanke, Eric Holder... by joshuaheard on Thursday May 16, 2013 @03:22AM (#5717370)
A $2 billion fine (from the article) is hardly "unpenalized".
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Re:Letter from Elizabeth Warren to Ben Bernanke, Eric Holder... by eightyone on Thursday May 16, 2013 @03:40AM (#5717408)
They paid a $1.92-billion fine after laundering $881-million of drug money. Also, dont forget that they helped finance terrorists. [1] No one at HSBC went to jail. If you get caught with an ounce or two of cannabis, you're going to prison for 10 years. That's messed up.

[1] http://dissenter.firedoglake.com/2012/12/16/hsbc-executives-...

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Re:Letter from Elizabeth Warren to Ben Bernanke, Eric Holder... by EScott11 on Thursday May 16, 2013 @03:34AM (#5717387)
It is when the company in question has a market cap of more than $100 billion.
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