If you've ever been arrested on a drug charge, if you've ever spent even a day in jail for having a stem of marijuana in your pocket or "drug paraphernalia" in your gym bag, Assistant Attorney General and longtime Bill Clinton pal Lanny Breuer has a message for you: Bite me.
Breuer this week signed off on a settlement deal with the British banking giant HSBC that is the ultimate insult to every ordinary person who's ever had his life altered by a narcotics charge. Despite the fact that HSBC admitted to laundering billions of dollars for Colombian and Mexican drug cartels (among others) and violating a host of important banking laws (from the Bank Secrecy Act to the Trading With the Enemy Act), Breuer and his Justice Department elected not to pursue criminal prosecutions of the bank, opting instead for a "record" financial settlement of $1.9 billion, which as one analyst noted is about five weeks of income for the bank.
http://www.rollingstone.com/politics/bl ... e-20121213
Outrageous HSBC Settlement Proves the Drug War is a Joke
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MachineGhost
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Outrageous HSBC Settlement Proves the Drug War is a Joke
Last edited by MachineGhost on Sat Dec 22, 2012 4:24 am, edited 1 time in total.
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murphy_p_t
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Re: Outrageous HSBC Settlement Proves the Drug War is a Joke
Is gov't the muscle of various cartels....used to maintain a high barrier to entry into organized crime?
The fine is about enough to feed, house, clothe those who enforce the cartel's turf? Just the cost of overhead for the biz?
The fine is about enough to feed, house, clothe those who enforce the cartel's turf? Just the cost of overhead for the biz?