gunDriller
13th December 2012, 07:31 AM
Who is this @sshole ?
http://i.huffpost.com/gen/899742/thumbs/r-HSBC-TOO-BIG-TO-JAIL-large570.jpg?6
http://www.huffingtonpost.com/2012/12/11/hsbc-too-big-to-jail_n_2279439.html
It's his picture that's being shown in the HuffPost article about the HSBC slap-on-the-wrist fine.
$1.9 Billion is NOTHING when you're involved in $Trillions worth of fraud - as HSBC is.
He may be just a "stock photo model" - and he may be a key HSBC bankster.
Anybody know who he is ? He REEKS arrogance & the double-standard - Get-out-of-Jail-Free cards for the Hook-Nosers, Police State for the Gentiles.
"One of the great things about being too big to fail is that you're also too big to jail, apparently.
So saith the Obama administration, via the New York Times, in its front-page story on Tuesday about HSBC's settlement with the government over money-laundering charges. Though the British banking giant had to pay a wrist-stinging $1.9 billion, the settlement helped it avoid formal criminal charges. The NYT quotes anonymous government officials who say they were skittish about indicting HSBC because formal charges would amount to a "death penalty" for the bank, potentially roiling the financial system.
This is at least three very specific flavors of bullshit.
For one thing, according to University of Notre Dame law professor Jimmy Gurulé, a former assistant U.S. Attorney General and former Undersecretary for Enforcement for the U.S. Treasury Department, the government could have formally charged Europe's biggest bank in such a way as to help it avoid death. The bank's U.S. business may have been disrupted for some time, but the bank could have survived. The punishment that was meted out -- taking about half a quarter's profit -- was so far removed from a "death penalty" that it can't possibly be a deterrent for any other big bank."
Along those lines, anybody here an Official member of the VVIP (Very Very Important Person) Club ?
Another interesting article, also about double-standards. If you are a Chosen Person, laws regarding cross-border cash transfers simply do not apply to you.
http://www.businessinsider.com/if-you-need-to-move-piles-of-invisible-cash-kabul-could-be-the-place-to-go-2012-12
Capital Controls for the General Public, No Capital Controls for the Chosen-ites ?
"Kabul Is The Best Place In The World To Move Boatloads Of Unmarked Cash"
"The report examined the airport's plan to regulate bulk cash moving through the airport, and found persons passing through the "Very Important Persons" (VIP) lounge or the "Very Very Important Persons" (VVIP) lounge can stroll by nearly all safeguards placed on money laundering and bulk cash smuggling.
VIPs do not undergo main security and customs screenings, and are allegedly not required to scan their carried cash through bulk currency counters, which capture and catalog currency serial numbers to allow for the detection and investigation of financial crimes, according to the report. The KBL lounges reportedly don't even have security cameras.
The Congressional Research Service estimates that $4.5 billion was taken out of Afghanistan in 2011."
http://i.huffpost.com/gen/899742/thumbs/r-HSBC-TOO-BIG-TO-JAIL-large570.jpg?6
http://www.huffingtonpost.com/2012/12/11/hsbc-too-big-to-jail_n_2279439.html
It's his picture that's being shown in the HuffPost article about the HSBC slap-on-the-wrist fine.
$1.9 Billion is NOTHING when you're involved in $Trillions worth of fraud - as HSBC is.
He may be just a "stock photo model" - and he may be a key HSBC bankster.
Anybody know who he is ? He REEKS arrogance & the double-standard - Get-out-of-Jail-Free cards for the Hook-Nosers, Police State for the Gentiles.
"One of the great things about being too big to fail is that you're also too big to jail, apparently.
So saith the Obama administration, via the New York Times, in its front-page story on Tuesday about HSBC's settlement with the government over money-laundering charges. Though the British banking giant had to pay a wrist-stinging $1.9 billion, the settlement helped it avoid formal criminal charges. The NYT quotes anonymous government officials who say they were skittish about indicting HSBC because formal charges would amount to a "death penalty" for the bank, potentially roiling the financial system.
This is at least three very specific flavors of bullshit.
For one thing, according to University of Notre Dame law professor Jimmy Gurulé, a former assistant U.S. Attorney General and former Undersecretary for Enforcement for the U.S. Treasury Department, the government could have formally charged Europe's biggest bank in such a way as to help it avoid death. The bank's U.S. business may have been disrupted for some time, but the bank could have survived. The punishment that was meted out -- taking about half a quarter's profit -- was so far removed from a "death penalty" that it can't possibly be a deterrent for any other big bank."
Along those lines, anybody here an Official member of the VVIP (Very Very Important Person) Club ?
Another interesting article, also about double-standards. If you are a Chosen Person, laws regarding cross-border cash transfers simply do not apply to you.
http://www.businessinsider.com/if-you-need-to-move-piles-of-invisible-cash-kabul-could-be-the-place-to-go-2012-12
Capital Controls for the General Public, No Capital Controls for the Chosen-ites ?
"Kabul Is The Best Place In The World To Move Boatloads Of Unmarked Cash"
"The report examined the airport's plan to regulate bulk cash moving through the airport, and found persons passing through the "Very Important Persons" (VIP) lounge or the "Very Very Important Persons" (VVIP) lounge can stroll by nearly all safeguards placed on money laundering and bulk cash smuggling.
VIPs do not undergo main security and customs screenings, and are allegedly not required to scan their carried cash through bulk currency counters, which capture and catalog currency serial numbers to allow for the detection and investigation of financial crimes, according to the report. The KBL lounges reportedly don't even have security cameras.
The Congressional Research Service estimates that $4.5 billion was taken out of Afghanistan in 2011."