iamwhatiseem
Diamond Member
Extraordinary to see Netflix flat out show the collusion with the most well known corrupt bank in the world by the Obama administration, not once, twice - but four times. That bank is HSBC.
HSBC fully admitted, in writing, they knowingly and willfully did business with the Mexican Cartel, as well as terrorist groups in laundering their money openly.
The Obama administration told all investigative branches of the federal and state levels to stand down as they deferred all prosecutions in acceptance of a $1.5 billion fine instead. Not one single executive, who fully admitted guilt, were prosecuted. Not one. Nor did a single person within the organization personally pay a single fine.
A $1.5 billion fine is exactly one months worth of profit for HSBC.
In 2012, HSBC was found to have disregarded and ignored all steps they SAID they would take to curb behavior when found guilty before in 2002, and again in 2006... many were the SAME executives. And all charges were dropped by the Obama administration.
Eric Holder went on to accept a position offered to him by the very same law firm he made a deal with to protect HSBC while he was Attorney General. Let that sink in. He made a deal with the law firm to continue to protect HSBC, then he accepted a position with that company when he left office.
HSBC fully admitted, in writing, they knowingly and willfully did business with the Mexican Cartel, as well as terrorist groups in laundering their money openly.
The Obama administration told all investigative branches of the federal and state levels to stand down as they deferred all prosecutions in acceptance of a $1.5 billion fine instead. Not one single executive, who fully admitted guilt, were prosecuted. Not one. Nor did a single person within the organization personally pay a single fine.
A $1.5 billion fine is exactly one months worth of profit for HSBC.
In 2012, HSBC was found to have disregarded and ignored all steps they SAID they would take to curb behavior when found guilty before in 2002, and again in 2006... many were the SAME executives. And all charges were dropped by the Obama administration.
Eric Holder went on to accept a position offered to him by the very same law firm he made a deal with to protect HSBC while he was Attorney General. Let that sink in. He made a deal with the law firm to continue to protect HSBC, then he accepted a position with that company when he left office.
Netflix documentary re-examines HSBC’s $881 million money-laundering scandal
‘Dirty Money’ asks whether bankers were ‘too big to jail.’
www.marketwatch.com
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