In the past 48 hours, police in the U.K. and Germany have arrested senior bank executives for serious crimes. On Wednesday, Deutsche Bank offices were raided by 500 police because the CEO and CFO are under investigation for tax evasion.
Meanwhile in the U.S., the Justice Department signed a settlement with HSBC Bank on Tuesday, for its involvement in-
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Money laundering
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Drug smuggling
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Providing support to terrorists.
HSBC Bank paid a trivial, half of one quarter’s profits and no executive will be criminally prosecuted.
Glen Greenwald does a heroic job covering the various layers of justice in America at this link.
Hell, the United States had a President, Vice President, Secretary of State, and Secretary of Defense all culpable of War Crimes and Eric Holder and the President looked ‘Forward’ instead of doing what should have been done.
What should we expect?
