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Too big to go to jail

Posted: Fri Feb 15, 2013 8:44 am
by Ryoki
For at least half a decade, the storied British colonial banking power helped to wash hundreds of millions of dollars for drug mobs, including Mexico's Sinaloa drug cartel, suspected in tens of thousands of murders just in the past 10 years – people so totally evil, jokes former New York Attorney General Eliot Spitzer, that "they make the guys on Wall Street look good." The bank also moved money for organizations linked to Al Qaeda and Hezbollah, and for Russian gangsters; helped countries like Iran, the Sudan and North Korea evade sanctions; and, in between helping murderers and terrorists and rogue states, aided countless common tax cheats in hiding their cash.

"They violated every goddamn law in the book," says Jack Blum, an attorney and former Senate investigator who headed a major bribery investigation against Lockheed in the 1970s that led to the passage of the Foreign Corrupt Practices Act. "They took every imaginable form of illegal and illicit business."
http://www.rollingstone.com/politics/ne ... l-20130214

Re: Too big to go to jail

Posted: Fri Feb 15, 2013 8:51 am
by feedback
lol my bank is HSBC

Re: Too big to go to jail

Posted: Fri Feb 15, 2013 8:59 am
by Eraser
Bankers being a corrupt bunch of arseholes? Who would've thought!?

Re: Too big to go to jail

Posted: Fri Feb 15, 2013 10:07 am
by Ryoki
Yeah, except it’s not really corruption at all, it goes a lot further than that. This is the kind of crime that would land regular folk in jail for a long, long time… probably that one really famous jail that’s in Cuba. Instead they got away with it completely, all they got was a fine that equalled about 5 weeks profit.

Anyway, read the article. It’s a truly disturbing tale and it will fill you with righteous anger :up:

Re: Too big to go to jail

Posted: Fri Feb 15, 2013 10:09 am
by Eraser
All I have to do is look at my retirement insurance and I've got all the anger I need.

Re: Too big to go to jail

Posted: Fri Feb 15, 2013 10:10 am
by Ryoki
Okay then.

Re: Too big to go to jail

Posted: Fri Feb 15, 2013 1:57 pm
by seremtan
excellent article :up:

i also found the parts where he lambasts british imperialism particularly amusing. who says americans can't do irony?

Re: Too big to go to jail

Posted: Fri Feb 15, 2013 2:07 pm
by Ryoki
Taibbi really went places after his The Exile adventure :up:
I try to keep track of his writings, it's usually excellent stuff.

Re: Too big to go to jail

Posted: Fri Feb 15, 2013 2:17 pm
by Plan B
One could get quite angry about shit like this.
Time to start rioting, French revolution style. Bring forth the guillotine and all that.
Not gonna happen though. Can't remember a public outcry over injustice the last 20 years.
We've been desensitized, and lulled into a state of apathy, boiling frog style :up:

Re: Too big to go to jail

Posted: Fri Feb 15, 2013 2:18 pm
by plained
crazy shit!

Re: Too big to go to jail

Posted: Fri Feb 15, 2013 2:23 pm
by seremtan
Ryoki wrote:Taibbi really went places after his The Exile adventure :up:
I try to keep track of his writings, it's usually excellent stuff.
oh right, that's where i recognise his name from :idea:

Re: Too big to go to jail

Posted: Fri Feb 15, 2013 9:06 pm
by Transient
"Had the U.S. authorities decided to press criminal charges," said Assistant Attorney General Lanny Breuer at a press conference to announce the settlement, "HSBC would almost certainly have lost its banking license in the U.S., the future of the institution would have been under threat and the entire banking system would have been destabilized."
Holy fuck. Why didn't Christopher Dorner go after these assholes?

Re: Too big to go to jail

Posted: Sat Feb 16, 2013 4:21 am
by obsidian
Plan B wrote:Time to start rioting, French revolution style. Bring forth the guillotine and all that.
FFS, I hope you're just being sarcastic. That sounds like serious tea-party mentality. Angry mobs destroying things, killing people, disregard for law, etc. isn't going to make things right.

Re: Too big to go to jail

Posted: Sat Feb 16, 2013 4:59 am
by feedback
Transient wrote:
"Had the U.S. authorities decided to press criminal charges," said Assistant Attorney General Lanny Breuer at a press conference to announce the settlement, "HSBC would almost certainly have lost its banking license in the U.S., the future of the institution would have been under threat and the entire banking system would have been destabilized."
Holy fuck. Why didn't Christopher Dorner go after these assholes?

Because he was a crazy piece of shit?

Re: Too big to go to jail

Posted: Sat Feb 16, 2013 8:48 am
by Transient
MAYBE THAT'S WHAT WE NEED RIGHT NOW

Re: Too big to go to jail

Posted: Sat Feb 16, 2013 9:18 am
by seremtan
feedback just asserted that it was Dorner's mentally unhinged state that prevented him to from going after the board of directors of HSBC, implying that had he been sane and thinking clearly, he would have executed every last motherfucking one them

Re: Too big to go to jail

Posted: Sat Feb 16, 2013 1:39 pm
by Plan B
obsidian wrote:
Plan B wrote:Time to start rioting, French revolution style. Bring forth the guillotine and all that.
FFS, I hope you're just being sarcastic. That sounds like serious tea-party mentality. Angry mobs destroying things, killing people, disregard for law, etc. isn't going to make things right.

Well, exaggerating a bit to get the point across.

I am genuinely frustrated by the apparent inability or unwillingness of people (myself included, you won't see me going into politics) to change shit that isn't right.
It's a generalisation and may sound a bit naive, pathetic even, but there you have it.

Anyway, the whole sheeple rant.

Re: Too big to go to jail

Posted: Sat Feb 16, 2013 2:31 pm
by menkent

Re: Too big to go to jail

Posted: Sat Feb 16, 2013 2:44 pm
by scared?
Feedback in a right wing authoritarian following moron...he's also unhealthly narcissistic...which will eventually cause him to snap and some point and pull a dorner...

Re: Too big to go to jail

Posted: Sat Feb 16, 2013 3:03 pm
by Plan B
More importantly: he wears ghastly v-neck shirts.
The horror.

Re: Too big to go to jail

Posted: Sat Feb 16, 2013 3:39 pm
by seremtan
he's a preppy guy who loves authority

Wall Street :arrow:

Re: Too big to go to jail

Posted: Sat Feb 16, 2013 9:24 pm
by feedback
scared? wrote:Feedback in a right wing authoritarian following moron...he's also unhealthly narcissistic...which will eventually cause him to snap and some point and pull a dorner...
it's like you know me better than I know myself!