Posted 4 years ago on Dec. 14, 2012, 10:19 a.m. EST by gestopomillyy
This content is user submitted and not an official statement
The New York Times put it this way:
Federal and state authorities have chosen not to indict HSBC, the London-based bank, on charges of vast and prolonged money laundering, for fear that criminal prosecution would topple the bank and, in the process, endanger the financial system.
Read more: http://www.rollingstone.com/politics/blogs/taibblog/outrageous-hsbc-settlement-proves-the-drug-war-is-a-joke-20121213#ixzz2F2XMiZtH Follow us: @rollingstone on Twitter | RollingStone on Facebook
wouldnt it be better if those executives where replaced? better for the entire system?