Thursday, February 14, 2013
Gangster Bankers: Too Big to Jail
Matt Taibbi: "At HSBC, the bank did more than avert its eyes to a few shady transactions. It repeatedly defied government orders as it made a conscious, years-long effort to completely stop discriminating between illegitimate and legitimate money. And when it somehow talked the U.S. government into crafting a settlement over these offenses with the lunatic aim of preserving the bank's license, it succeeded, finally, in making crime mainstream."
http://www.rollingstone.com/politics/news/gangster-bankers-too-big-to-jail-20130214?utm_source=dailynewsletter&utm_medium=email&utm_campaign=newsletter