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Old 12-12-2012, 10:26 AM  
sperbonzo
I'd rather be on my boat.
 
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Join Date: May 2003
Location: Miami, FL
Posts: 9,743
Quote:
Originally Posted by crockett View Post
So the US is against money laundering by criminal organizations and countries that are being sanctioned and that's a bad thing? You think it's ok to just let a known drug cartel to just do business as usual and have access to easy banking?
No.




My point is that you are lambasting the US government, and "American Justice", for only fining this bank, and that they are letting them off easy, when meanwhile the UK and all the other countries where this bank is located have done absolutely nothing at all. In fact they don't even have banking reporting regulations that control this behavior. Since money laundering is such a big deal for you, why aren't you asking where the UK government is in terms of going after a bank that is a registered UK bank? Or Any other country where they have charters? Why aren't THEY fining HSBC? Shouldn't you be happy that the US government is at least fining them, when all other governments are doing nothing at all? You say that they "buy a get out of jail card" in the US, for 1.9 billion dollars.... meanwhile in their home country of the UK, that card cost them absolutely nothing at all.





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Last edited by sperbonzo; 12-12-2012 at 10:31 AM..
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