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To Big To Fail, Too Big To Jail!
https://rlfans.com/forums/viewtopic.php?f=11&t=541576		 Page 1 of 1
Author:  LeighGionaire [ Tue Dec 18, 2012 10:35 pm ]
Post subject:  To Big To Fail, Too Big To Jail!
It really is time to get out the pitchforks!

Quote:It is a dark day for the rule of law. Federal and state authorities have chosen not to indict HSBC, the London-based bank, on charges of vast and prolonged money laundering, for fear that criminal prosecution would topple the bank and, in the process, endanger the financial system.


http://www.nytimes.com/2012/12/12/opini ... .html?_r=0

So if your crime is so huge it can endanger the financial system you get away with it scot free! Why the hell are we tolerating this outrage?
It really is time to get out the pitchforks!

Quote:It is a dark day for the rule of law. Federal and state authorities have chosen not to indict HSBC, the London-based bank, on charges of vast and prolonged money laundering, for fear that criminal prosecution would topple the bank and, in the process, endanger the financial system.


http://www.nytimes.com/2012/12/12/opini ... .html?_r=0

So if your crime is so huge it can endanger the financial system you get away with it scot free! Why the hell are we tolerating this outrage?
Author:  Dally [ Tue Dec 18, 2012 10:39 pm ]
Post subject:  Re: To Big To Fail, Too Big To Jail!
Have you been away? That's old news.
Author:  LeighGionaire [ Tue Dec 18, 2012 10:41 pm ]
Post subject:  Re: To Big To Fail, Too Big To Jail!
Dally wrote:Have you been away? That's old news.


And your opinion on it is?
Author:  Dally [ Tue Dec 18, 2012 10:42 pm ]
Post subject:  Re: To Big To Fail, Too Big To Jail!
LeighGionaire wrote:And your opinion on it is?


It's immoral pragmatism.
Author:  cod'ead [ Tue Dec 18, 2012 10:46 pm ]
Post subject:  Re: To Big To Fail, Too Big To Jail!
Iceland jailed their delinquent bankers and their economy is on the up
Author:  Dally [ Tue Dec 18, 2012 10:48 pm ]
Post subject:  Re: To Big To Fail, Too Big To Jail!
I think the article is misleading. As I understand it the US was more concerned with possible job losses in the US than the collapse of the fincial system.
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