HSBC, one of the largest banks in the world, was caught laundering money to terrorist organizations and drug cartels. Instead of prosecuting the individuals who allowed this threat to our nation (and many other nations of the world) to occur, the US Government penalized the company by charging the $1.92 billion. Their reason for not prosecuting the mega-bank was because it would harm the economy. This is unacceptable. We are a people of values and law. Those who would put the world at risk in the name of profit are criminals and should be treated like so. Both the bank and our government must be held accountable for this despicable occurrence.
For more see:
http://dealbook.nytimes.com/2012/12/10/hsbc-said-to-near-1-9-billion-set...



