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Rincewind53: Okay, that entire article aside, WTF is up with CNN Money's font choice?
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.
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
Millennium: FARK.com: where $1.9 billion is chump change.
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.
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.
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 TuesdayAnd 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?
AbbeySomeone: It has nothing to do with goddamn jobs, this is all about cash and connections
robbiex0r: We can start by charging/indicting/incarcerating these people
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