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by pjsuther December 11, 2012 10:19 PM EST
$1.9 Billion is 1% of their annual revenue - cost of doing business. U.S. "Attorney" Lynch should be ashamed of herself for designing such a deal.
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by myth1958 December 11, 2012 9:42 PM EST
How convenient: one of the largest banks in the world - awash in money - only has to part with some of it to make amends for all the dirty dealings they've committed. If you or I took $200 from a business without permission, we'd be shackled and hustled off to jail. Just because they're cooperating with authorities doesn't mean they've paid society back. Think of how many murders the Mexican cartels have committed during this time. I say HSBC is part of a criminal conspiracy and is as guilty of aiding those cartels as their gunmen on the street. The same goes for aiding and abetting Iran, Burma and all the rest. The privileged class has one set of rules for them, and we have a harsher set for us. This is patently unfair - and unConstitutionally unequal treatment under the law.
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by Kenikins December 11, 2012 8:59 PM EST
No one in jail?
No one at bank knew about this?
No one at bank noticed?
Bank gave money to OBAMA election!
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by Jaycody23 December 11, 2012 8:55 PM EST
How can a company break that many laws and only pay a fine? This company should be broken up and sold off. All those who were involved in allowing these illegal activities to flourished should face criminal charges. 1.1 billion dollars is nothing for a company that laundered hundreds of billions of dollars that we know about. This should not be allowed. If me or you were involved in any type of money laundering, jail time would be a guaranteed. This just goes to prove the rich play by a different set of rules.......
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