[rsingel]

Right. So taking HSBC to trial for rampant, repeated money-laundering for drug cartels would have been more fitting of a dictatorship? Instead we let a criminal conspiracy go unpenalized except for a lame monetary settlement.

Warren's dead right. The finance guys all know they'll almost never get prosecuted.

http://www.guardian.co.uk/business/2012/dec/11/hsbc-bank-us-...

[joshuaheard]

A $2 billion fine (from the article) is hardly "unpenalized".

[eightyone]

They paid a $1.92-billion fine after laundering $881-million of drug money. Also, dont forget that they helped finance terrorists. [1] No one at HSBC went to jail. If you get caught with an ounce or two of cannabis, you're going to prison for 10 years. That's messed up.

[1] http://dissenter.firedoglake.com/2012/12/16/hsbc-executives-...

[EScott11]

It is when the company in question has a market cap of more than $100 billion.