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View Diary: HSBC committed multiple crimes. (10 comments)

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  •  and before anyone thinks $1.9B is a lot (1+ / 0-)
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    renzo capetti

    it isn't to HSBC. It's chump change and once again, banksters break the law and get away with it.

    -7.5 -7.28, A carrot is as close as a rabbit gets to a diamond.-Don Van Vliet

    by Blueslide on Tue Dec 11, 2012 at 10:54:39 PM PST

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    •  The fine will be passed on to customers (2+ / 0-)
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      buckstop, renzo capetti

      undoubtedly.

      If this were a just world, executives from that bank would be be put in jail for the rest of their lives. Hell, if you or I had been been helping terrorists in a remotely similar manner, we'd probably be looking at a death sentence. As it stands, the vile criminals remain free to collect their Christmas bonuses.

      The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. -- John Kenneth Galbraith

      by richardak on Tue Dec 11, 2012 at 11:05:04 PM PST

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