General Discussion

AnotherMcIntosh

(11,064 posts)

31. "When a corporate crime is committed one must find the culprit." If that's not what Holder says,

Reply to banned from Kos (Reply #7)

Wed Dec 12, 2012, 12:56 PM

Dec 2012

why should we?

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NYT slams the government for choosing not to prosecute HSBC top-bankers [View all] Welcome_hubby Dec 2012 OP

The NY Times is lying. Dodd-Frank made this situation impossible. MannyGoldstein Dec 2012 #1

Yep, their hands are tied jsr Dec 2012 #8

What are you babbling about? What HSBS did was and is illegal. banned from Kos Dec 2012 #9

eric holder is protecting his future employment. roguevalley Dec 2012 #21

It's ... 1StrongBlackMan Dec 2012 #26

Yep, except for the "will own" part. Won't his true believers excuse him for all of his actions and AnotherMcIntosh Dec 2012 #30

Its ALL Joe Lieberman's fault. bvar22 Dec 2012 #42

probably roguevalley Dec 2012 #44

This has nothing ProSense Dec 2012 #23

tell Manny, not me. banned from Kos Dec 2012 #24

You made the point about Dodd-Frank rules and enforcement. n/t ProSense Dec 2012 #25

True or false: MannyGoldstein Dec 2012 #36

The message I get from this is 'do as you damn well please' and just hold some reserve cash for RKP5637 Dec 2012 #2

All banks launder drug money - they just don't know it or don't care. banned from Kos Dec 2012 #3

Ergo, no money launderers should be arrested. MannyGoldstein Dec 2012 #4

Which would hurt HSBC more? A $1.9 billion fine or some mid-level New York account rep banned from Kos Dec 2012 #5

Yep, very good point. The little guys would be rolled over as scapegoats, but those up the RKP5637 Dec 2012 #15

Good point. When Bush went after Arthur Anderson for abetting Enron? MannyGoldstein Dec 2012 #37

They should have done BOTH. Maven Dec 2012 #43

Perfectly Sensible. jsr Dec 2012 #10

Even in charging HBSC ... 1StrongBlackMan Dec 2012 #40

At least with BP they offer us some low level sacrificial lambs! If you have money in this country, Dustlawyer Dec 2012 #6

Yes, that is my point. When a corporate crime is committed one must find the culprit. banned from Kos Dec 2012 #7

"When a corporate crime is committed one must find the culprit." If that's not what Holder says, AnotherMcIntosh Dec 2012 #31

Too big to fail. Baitball Blogger Dec 2012 #11

Nothing said about HSBC removing the people who were involved? Baitball Blogger Dec 2012 #12

I heard on the news last night that HSBC claimed those individuals had been let go. Was not RKP5637 Dec 2012 #14

Thank you very much for that thorough explanation. Baitball Blogger Dec 2012 #16

I agree with the NYT, and to ProSense Dec 2012 #13

Here's the key point from the editorial: ProSense Dec 2012 #17

When a corporation is found guilty in this fashion, it should come under government control Orrex Dec 2012 #18

The upper ranks have some plausible deniability in this case, they can say they didn't know... uponit7771 Dec 2012 #19

Their ignorance should itself be culpable Orrex Dec 2012 #22

Had enough yet? nt woo me with science Dec 2012 #20

lol MrYikes Dec 2012 #27

I wonder if ... 1StrongBlackMan Dec 2012 #28

explain to us that don't understand how imprisoning a few top execs.. frylock Dec 2012 #33

I'll have to go back and read through the article again; but ... 1StrongBlackMan Dec 2012 #39

Banksters are immune from prosecution, besides.. 99Forever Dec 2012 #29

Meanwhile in a simpler, non-too big to fail or fuck with time... Safetykitten Dec 2012 #32

We are to cheer because a further, devastating blow *might* be withheld, maybe. woo me with science Dec 2012 #34

Jail is largely for poor people committing petty crimes or possession of a indepat Dec 2012 #35

It's profitable! woo me with science Dec 2012 #38

kick woo me with science Dec 2012 #41