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prosecute HSBC bankers for moving tainted money from Mexican drug cartels and Saudi banks with ties to terrorist groups

Created by K.L. on December 14, 2012

Federal and state authorities are not inditing HSBC on charges of pervasive money laundering, for fear that criminal prosecution could destroy a bank in the process. They also have not charged any top HSBC banker in the case, although that is still legally viable. A Dec.12 NYT article hits the nail on the head: "Clearly, the government has bought into the notion that too big to fail is too big to jail. When prosecutors choose not to prosecute to the full extent of the law in a case as egregious as this, the law itself is diminished. The deterrence that comes from the threat of criminal prosecution is weakened, if not lost." We, the American people, must not allow this to happen. This is a call for the United States government to prosecute top HSBC bankers to the fullest extent of the law.

Criminal Justice Reform
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