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   Article titled "Too big to jail?" is surprisingly not about the cast of Honey Boo Boo

13 Dec 2012 02:43 PM   |   13018 clicks   |   CNN
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doyner    [TotalFark]  
I heard the bit on NPR about this this morning. One of the key arguments against indictment was something about "b-b-b-but jobs!" Unbelievable. That canard is quite literally a get-out-of-jail-free card for these kinds of people.

13 Dec 2012 11:34 AM
AbbeySomeone     
Bullsh*t; start to finish. What lies can they tell to save their asses and investments?

13 Dec 2012 11:53 AM
Rincewind53     
Okay, that entire article aside, WTF is up with CNN Money's font choice?

13 Dec 2012 11:53 AM
Weaver95    [TotalFark]  
...and nobody so much as blinks. if I'd pulled this shiat off and got caught, I'd be in a jail cell for a decade. these guys? meh. pay a fine, jack prices on their customers and fire a couple/few workers and life goes on.

13 Dec 2012 11:53 AM
Marcus Aurelius     
"The HSBC of today is a fundamentally different organization from the one that made those mistakes," HSBC CEO Stuart Gulliver said in a statement Tuesday

And I've had almost complete cellular turn-over since committing that felony back in 2004, so we're good, right? Ia a slap on the wrist OK with everybody?

13 Dec 2012 12:00 PM
Shostie    [TotalFark]  

Rincewind53: Okay, that entire article aside, WTF is up with CNN Money's font choice?


It's not as bad as Forbes: Link

13 Dec 2012 12:03 PM
BooBoo23    [TotalFark]  

doyner: I heard the bit on NPR about this this morning. One of the key arguments against indictment was something about "b-b-b-but jobs!" Unbelievable. That canard is quite literally a get-out-of-jail-free card for these kinds of people.


I heard it on NPR, too, and it made me furious. Must be nice to work by a different set of rules: "You've been laundering money for drug cartels and state sponsors of terrorism, and as such there is much blood on your hands. How about you give us 1/12 of your yearly profits and we'll tell the media it's a huge victory."

/sbumitter

13 Dec 2012 12:18 PM
Weaver95    [TotalFark]  

BooBoo23: doyner: I heard the bit on NPR about this this morning. One of the key arguments against indictment was something about "b-b-b-but jobs!" Unbelievable. That canard is quite literally a get-out-of-jail-free card for these kinds of people.

I heard it on NPR, too, and it made me furious. Must be nice to work by a different set of rules: "You've been laundering money for drug cartels and state sponsors of terrorism, and as such there is much blood on your hands. How about you give us 1/12 of your yearly profits and we'll tell the media it's a huge victory."

/sbumitter


look, all we have to do is increase the TSA gate rape a bit more and that'll make up the difference, right? just wave the flag real hard and question the loyalty of anyone who asks too many questions.

13 Dec 2012 12:26 PM
sweetmelissa31     
"You see, I murdered her because I'm worried about coroners' prospects in this job market." Would that work?

13 Dec 2012 12:26 PM
Millennium     
FARK.com: where $1.9 billion is chump change.

13 Dec 2012 12:33 PM
Weaver95    [TotalFark]  

Millennium: FARK.com: where $1.9 billion is chump change.


well - see, we have these things called 'laws'. And some of those laws say that money laundering for drug dealers and terrorists is bad. there isn't a 'rich banker' exception to those laws. it's pretty clear: money laundry for drug dealers, you go to jail.

then there's this story. everyone involved says yup, these bankers laundered money for drug dealers. the evidence is there, the Fed has a case and can prove it. the bankers sure seem convinced the evidence is strong. this SHOULD go to court and someone SHOULD go to jail...but we're letting these guys off the hook. why? somethingsomethingJOBS. And that's wrong. the law doesn't say there's a 'job creator' exception to the money laundering laws.

13 Dec 2012 12:38 PM
doyner    [TotalFark]  

Millennium: FARK.com: where $1.9 billion is chump change.


Do you know the value of HSBC's holdings? Would a fine of roughly 0.07% of your net worth be chump change?

13 Dec 2012 12:41 PM
AbbeySomeone     

Weaver95: Millennium: FARK.com: where $1.9 billion is chump change.

well - see, we have these things called 'laws'. And some of those laws say that money laundering for drug dealers and terrorists is bad. there isn't a 'rich banker' exception to those laws. it's pretty clear: money laundry for drug dealers, you go to jail.

then there's this story. everyone involved says yup, these bankers laundered money for drug dealers. the evidence is there, the Fed has a case and can prove it. the bankers sure seem convinced the evidence is strong. this SHOULD go to court and someone SHOULD go to jail...but we're letting these guys off the hook. why? somethingsomethingJOBS. And that's wrong. the law doesn't say there's a 'job creator' exception to the money laundering laws.


It has nothing to do with goddamn jobs, this is all about cash and connections.

13 Dec 2012 12:41 PM
BooBoo23    [TotalFark]  

Millennium: FARK.com: where $1.9 billion is chump change.


They made almost $17 billion in profits in 2011. $1.9 billion in fines and less jail time that Lindsey Lohan is indeed chump change for breaking international law. You or I would go away somewhere dark for a long time.

The prosecutors had a chance to make an example. They did not. And that is bullshiat.

13 Dec 2012 12:48 PM
minoridiot     
Do they not have an Internal Audit department?

13 Dec 2012 01:20 PM
gopher321    [TotalFark]  
"As bad as HSBC's conduct was, this is not a case where the HSBC people intended -- intended -- to create money laundering," he said. "They did not have the controls in place that they needed."



Total farking horseshiat. They knew. The Chinese are as corrupt as they get.

13 Dec 2012 02:31 PM
Dow Jones and the Temple of Doom     
Honey Boo Boo is the child

13 Dec 2012 02:45 PM
Carn     
Where's the Punisher when you need him?

13 Dec 2012 02:47 PM
doyner    [TotalFark]  

gopher321: "As bad as HSBC's conduct was, this is not a case where the HSBC people intended -- intended -- to create money laundering," he said. "They did not have the controls in place that they needed."



Total farking horseshiat. They knew. The Chinese are as corrupt as they get.


Negligent homicide is still a felony. So even if they didn't intend to they're still seriously farking guilty. But likely complicit nonetheless....

13 Dec 2012 02:48 PM
liam76     

Marcus Aurelius: "The HSBC of today is a fundamentally different organization from the one that made those mistakes," HSBC CEO Stuart Gulliver said in a statement Tuesday

And I've had almost complete cellular turn-over since committing that felony back in 2004, so we're good, right? Ia a slap on the wrist OK with everybody?


If it is fundamentally different because others are in charge, then go after those that were incharge at the time, but somebody needs to go to jail.

AbbeySomeone: It has nothing to do with goddamn jobs, this is all about cash and connections


This.

13 Dec 2012 02:49 PM
durbnpoisn     
I've said it before, I'll say it again....

You know how you prevent situations like this from ever happening? LEGALIZE DRUGS!

13 Dec 2012 02:49 PM
robbiex0r     

13 Dec 2012 02:49 PM
Mega Steve     
And if it came down to somebody getting arrested, I'm sure they would have found one poor schmuck that they could prove was behind it all. If you're going to do dirty deals on that scale, it's good to have a scapegoat handy

13 Dec 2012 02:49 PM
robbiex0r     

robbiex0r: We can start by charging/indicting/incarcerating these people


And these

13 Dec 2012 02:50 PM
Deep Contact     
They only do what they are told. Completes the cycle. Do your homework.

13 Dec 2012 02:51 PM
s2s2s2     
It's nice to know a person can settle a criminal case.

13 Dec 2012 02:51 PM
saluteyourshorts     
Throw the people in jail whop are responsible and find others to take over their positions so innocent people don't get screwed over and lose their jobs. But then again, it's more about the fact that when you're wealthy and have these sorts of connections, you don't have consequences for any of your actions short of a) screwing over someone more wealthy and powerful than you or b) murdering someone in broad daylight in front of hundreds of witnesses.

13 Dec 2012 02:54 PM
Smeggy Smurf     
Jailing them won't fix things. Hanging them will start us down the right path.

13 Dec 2012 02:54 PM
Evil Mackerel     
Public execution guillotine style.

/ On a side note it's also useful for the fatties on death row.

13 Dec 2012 02:56 PM
Jaws_Victim     
All of you biatch and moan a lot and then go back to your evening of drinking beer, eating ice cream, and playing with yourselves. I don't see any of YOU setting up a shadow organization devoted entirely to assassinating the people who get away with this shiat.

13 Dec 2012 03:00 PM
HartRend     
Nobody has asked who they were laundering money for.
Last time I checked, legitimate business doesn't need anything "Laundered".
So HSBC was complicit with criminal enterprise, and no arrests were made.
I wish I was too big to fail (AKA, PAYING OFF THE RIGHT PEOPLE)

13 Dec 2012 03:00 PM
thecpt     

Millennium: FARK.com: where $1.9 billion is chump change.


Look what I found in TFA: "though the $1.9 billion it will pay to the government is just a fraction of its $16.8 billion in profit last year"

A little over ten percent of PROFITS.

So rtfa, admit youre trolling, or gtfo.

13 Dec 2012 03:00 PM
vudukungfu    [TotalFark]  
This is why people target financial districts when they aim planes, plant bombs.
Just so you all know next time.

13 Dec 2012 03:01 PM
Millennium     

doyner: Millennium: FARK.com: where $1.9 billion is chump change.

Do you know the value of HSBC's holdings? Would a fine of roughly 0.07% of your net worth be chump change?


Businesses don't get large, or succeed for very long, by considering large sums of money to be chump change even if they're proportionally small, but if we're going to use them

BooBoo23: They made almost $17 billion in profits in 2011. $1.9 billion in fines and less jail time that Lindsey Lohan is indeed chump change for breaking international law.

A month's pay is chump change? You know how I know you don't run a business?


13 Dec 2012 03:02 PM
Millennium     
Blarg; careless editing. Let's try that again.

BooBoo23: They made almost $17 billion in profits in 2011. $1.9 billion in fines and less jail time that Lindsey Lohan is indeed chump change for breaking international law. You or I would go away somewhere dark for a long time.


A month's pay is chump change? I don't know of any successful business that wouldn't treat such a thing as disastrous.

13 Dec 2012 03:03 PM
swaxhog     
Nothing can be done because everyone involved is bought and paid for (donations or future job promises) or an ex-ceo level goon from the thieving companies.

Public and private sector have wife-swapped so much there's little difference. It's an equal partnership to screw everyone else.

13 Dec 2012 03:04 PM
THX 1138     

vudukungfu: This is why people target financial districts when they aim planes, plant bombs.
Just so you all know next time


Liar. We all know they do it because of our freedoms and such as.

13 Dec 2012 03:07 PM
you have pee hands     

Millennium: A month's pay is chump change? I don't know of any successful business that wouldn't treat such a thing as disastrous.


To get me out of a 10 year sentence for a felony? Yes, chump change.

13 Dec 2012 03:08 PM
Catlenfell     
One person is in charge ,right? Usually a CEO.

Crash his bank accounts, seize his assets. Make it very publicly known, ANYONE who tries to defy or
defraud the government will go from VERY rich to very poor at the drop of a hat

These people get paid a lot of money to be in charge, accepting blame is part of that.

Especially true for the military contractors that stole 3.3 billion.

13 Dec 2012 03:08 PM
you have pee hands     

you have pee hands: To get me out of a 10 year sentence for a felony? Yes, chump change.


Especially if, as in this case, it's someone else's money.

13 Dec 2012 03:08 PM
Doc Batarang     

Jaws_Victim: All of you biatch and moan a lot and then go back to your evening of drinking beer, eating ice cream, and playing with yourselves. I don't see any of YOU setting up a shadow organization devoted entirely to assassinating the people who get away with this shiat.


They're on holidays. Christmas, Hannukah, Kwanzaa, Dongzhi, Western Australian Proclamation Day and Festivus has totally cleared out my cabal of social justice assassins.

13 Dec 2012 03:09 PM
Harry Freakstorm     
I thought companies are people too. Just restrict the company from any business for a number of years. The people still go to work and get paid but they can't have any business interaction. And every once in a while, Haliiburton shives them in the a$$ just to maintain dominance.

13 Dec 2012 03:09 PM
Arkanaut    [TotalFark]  

Shostie: Rincewind53: Okay, that entire article aside, WTF is up with CNN Money's font choice?

It's not as bad as Forbes: Link


CNN appears to be using the Lato font: http://www.google.com/webfonts/specime n/Lato

I'm surprised Forbes switched away from 18-point Times New Roman. That was working so well for them.

13 Dec 2012 03:12 PM
Mr Guy     
Can we trump bbbbut jobs with thiiiiiiiiink of the children?

My basic understanding of the way the legal system works is that if you knowingly engage in crime that enables other crimes to take place, you are an accessory to all of them. Deliberately laundering money that was used for.... paid killings? bribes? extortion? weapons? They should be getting hit with a whole laundry list of crimes. Unlike those stupid commercials that imply buying a bag of weed will cause a Mexican widow to get shot, these guys really ARE directly responsible for enable a ton of terrible crimes.

13 Dec 2012 03:12 PM
mutterfark    [TotalFark]  

Jaws_Victim: All of you biatch and moan a lot and then go back to your evening of drinking beer, eating ice cream, and playing with yourselves. I don't see any of YOU setting up a shadow organization devoted entirely to assassinating the people who get away with this shiat.


Rule #1: You do not talk about setting up a shadow organization devoted entirely to assassinating the people who get away with this shiat.

13 Dec 2012 03:17 PM
GreenSun     
I was hoping to see a picture of an extremely obese 1 ton pound guy/girl who can't fit in jail.

13 Dec 2012 03:19 PM
vudukungfu    [TotalFark]  
But occupy wall street is a bunch of dirty hippies?
They are politely standing around pointing out the emperor has no clothes and we laugh at them?

If they called for their heads in the streets would that be better?
Write your congress persons and demand they pay with the blood sweat and tears same as any other brother from the hood.
Publish the congress critter's replies.
Either they are paid off or not.
Let's see who plays.

13 Dec 2012 03:19 PM
WhoGAS     

Marcus Aurelius: "The HSBC of today is a fundamentally different organization from the one that made those mistakes," HSBC CEO Stuart Gulliver said in a statement Tuesday

And I've had almost complete cellular turn-over since committing that felony back in 2004, so we're good, right? Ia a slap on the wrist OK with everybody?


2004? Nope, sorry, you have two more years on your sentence.

13 Dec 2012 03:22 PM
Ego edo infantia cattus     

mutterfark: Jaws_Victim: All of you biatch and moan a lot and then go back to your evening of drinking beer, eating ice cream, and playing with yourselves. I don't see any of YOU setting up a shadow organization devoted entirely to assassinating the people who get away with this shiat.

Rule #1: You do not talk about setting up a shadow organization devoted entirely to assassinating the people who get away with this shiat.


Rule #2: If you have enough money and live in a plutocracy, it doesn't need to be a shadow organization; You can get away with murder.

/USA! USA!

13 Dec 2012 03:24 PM
orclover     
buelahman.files.wordpress.comView Full Size

I think an image such as this should be in every thread. Every. Thread.

13 Dec 2012 03:24 PM
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