HSBC: too big to jail

[Os Cangaceiros]

http://www.guardian.co.uk/commentisfree/2012/dec/12/hsbc-prosecution-fine-money-laundering

Glenn Greenwald writes eviscerating articles about the nature of American "justice" way better than any leftist I can think of. I'm a fanboy of his. I esp. like the last sentence:


How this glaringly disparate, and explicitly status-based, treatment under the criminal law does not produce serious social unrest is mystifying.

[Rational Radical]

It truly is baffling and beyond comprehension that there hasn't been any significant expression of outrage over this great deal of injustice,it just shows us how thoroughly misinformed and uncaring people are which causes me to develop an extremely defeatist attitude,but you can't fall into that trap.

[Let's Get Free]

HSBC were also deeply entrenched in Colonial China during the Opium Wars and the Boxer Rebellion. So they have been dope pushers for quite a long time. I believe when we define them as "Money Launderers" we let them off the hook somewhat. This is the sanitized name that they call themselves. The dope cartels all over the world work for these people. Dope, like oil is an imperialist industry and is controlled by them.

[Os Cangaceiros]

They also apparently laundered money for al-Qaeda.

Even giving advice to al-Qaeda gives any mere mortal a one-way ticket to the federal pen.

[RebelDog]

By coincidence, on the very same day that the DOJ announced that HSBC would not be indicted for its multiple money-laundering felonies, the New York Times published a story (http://www.nytimes.com/2012/12/12/science/mandatory-prison-sentences-face-growing-skepticism.html?pagewanted=all) featuring the harrowing story of an African-American single mother of three who was sentenced to life imprisonment at the age of 27 for a minor drug offense:

Jail, like taxes, is for the small people.

[Sasha]

Rollingstone in their article at least makes all the right connections and is refreshingly pissed off; http://m.rollingstone.com/entry/view/id/34289/pn/all/p/0/?KSID=9e2c004826675f326484e7a993121264

[GerrardWinstanley]

The UK's Minister of State for Trade and Investment Stephen Green served as Group Chief Executive for HSBC from 2003-2006 and Group Chairman from 2006-2010. All of this was during the height of the bank's criminal activity, in which he is heavily implicated.

As much as they've done is bring Green infront of select committee and then simply let him go about his merry way.

He is also an ordained Church of England priest.

[RadioRaheem84]

Well then this should be more proof than anything else that the criminality is systemic.

It's not longer a "few bad apples".