Bank launders money, and no one goes to jail.

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In another example of the joke our judicial system has become, a British bank that operates in the United States was fined $1.9 BILLION for laundering money for Mexican drug lords, and foreign countries that have sanctions placed against them. This may seem like a harsh punishment, until you learn the facts of the case. The bank was warned twice in the last 10 years about the transactions that were found to be considered money laundering. The bank also removed identification numbers from transactions from foreign countries like the Iran, and the Sudan to the United States. There is little doubt this money was used to fund the evil acts of these countries, and gangs. The justice department went to great lengths to defend the fine, and it's decision not to prosecute ANYONE at the bank. The reasoning they give is that the leaders of the bank in London were the ones that failed to change their structure to deal with these transactions (they also said that most of the people left the company, which apparently gets you off the hook for anything bad you did at a company in the justice departments eyes). They also were afraid of taking the company down leading to the firing of all of the people. After 9/11 we saw many charities that were fronts for terrorist taken down, and no one was afraid of the jobs lost then. No one really knows how much money that bank made on these transactions, but the bank made $16.8 BILLION in profits last year. Do you think the justice department should go after the executives in the US who didn't do anything to stop this money laundering? And, do you think that the executives in England should be prosecuted like they did the executives in the wire tapping scandal? http://money.cnn.com/2012/12/12/news/companies/hsbc-money-laundering/index.html?source=cnn_bin