Posted on 07/12/2016 5:46:32 AM PDT by RummyChick
US officials refused to prosecute HSBC for money laundering in 2012 because of concerns within the Department of Justice that it would cause a "global financial disaster", a report says.
A US Congressional report revealed UK officials, including Chancellor George Osborne, added to pressure by warning the US it could lead to market turmoil.
The report alleges the UK "hampered" the probe and "influenced" the outcome.
HSBC was accused of letting drug cartels use US banks to launder funds.
(Excerpt) Read more at bbc.com ...
Oh and btw, FBI Comey was involved with the bank..I think before he became Director
Hillary is apparently not the only one who is too big to jail.
CROOKED CORRUPT COMEY!!! His Corruption goes back DECADES!! He’s the Clintons Protector!
Corrupt to the core!
from 2013 http://www.ibtimes.co.uk/hsbc-james-brien-comey-jr-money-laundering-429453
“Europe’s largest bank announced James Brien Comey Jr. will join its newly-formed Financial System Vulnerabilities Committee as a non-executive director and independent board member for a three year term that begins in March, HSBC said a statement emailed to IBTimes UK.”
https://www.theguardian.com/us-news/2015/feb/10/hillary-clinton-foundation-donors-hsbc-swiss-bank
The charitable foundation run by Hillary Clinton and her family has received as much as $81m from wealthy international donors who were clients of HSBC’s controversial Swiss bank.
Leaked files from HSBC’s Swiss banking division reveal the identities of seven donors to the Bill, Hillary and Chelsea Clinton Foundation with accounts in Geneva.
HSBC started as a dope bank and not its official, they are allowed to do anything they want.
Reminded Of Past Contributions, Hillary Clinton Drops HSBC Mention
https://www.americarisingpac.org/reminded-of-past-contributions-hillary-clinton-drops-hsbc-mention/
The whole system needs to be cleaned out, top to bottom. It is the UNI party, UNI business, UNI World cabal against the common man.
“Two of the donors listed in the leaked files are raising eyebrows. According to the Guardian report, one of the donors who had a Swiss HSBC account is Jeffrey Epstein, “the wealthy financier who was jailed for 13 months in 2008 for soliciting sex with underage girls.” Another, reports the Guardian, was Denise Rich, the ex-wife of the now deceased Marc Rich, who fled the U.S. after being indicted for tax evasion, fraud and racketeering and then received a highly controversial pardon by President Clinton just hours before he left office.”
http://www.newyorker.com/news/john-cassidy/hillary-clinton-money-issues
“One of them, Richard Caring, a British entrepreneur, “used his tax-free Geneva account to transfer $1m into the New York-based foundation,” the newspaper reported. “The HSBC records suggest Caring’s $1m donation was paid in return for former president Bill Clinton’s attendance at a lavish costume charity ball organised by Caring in St Petersburg, Russia.”
That “global financial disaster” the US Officials are referring to would be the cut of of the bribes and payoffs being accepted by those US Officials and their cronies.
http://freebeacon.com/blog/hsbc-leak-clinton/
“Also making an appearance in the HSBC documents is Canadian mining mogul Frank Guistra, whose name was listed on an account holding more than $10 million in 2006-07.
The New York Times shed light on Guistra’s association with the Clintons in a 2008 report detailing a trip Guistra took with former President Bill Clinton to Kazakhstan in 2005. The pair shared a banquet dinner with Kazakhstan’s president/dictator Nursultan Nazarbayev, whose abysmal human rights record has been criticized by Hillary Clinton, among others. Days later, Guistra’s mining company won lucrative contracts to participate in three state-owned uranium projects. “
HSBC was created many many years ago for the explicit purpose of laundering Drug Money. This has been going on FOREVER.
To put it more simply, crashing the markets in order to get Obama elected in 2008 was OK, but crashing the markets when it might have kept Obama from being re-elected in 2012 was not OK.
This is the salient point, for two reasons. First, everything will be done to keep the economy from crashing in 2016 in order to attempt to ensure that Hillary! gets elected.
Second, if Trump is elected anyway, everything will be done to crash the economy in 2017. In addition, all the problems with the economy that are not being presented by the MSM will suddenly become part of the news cycle. Moreover, non-problems with the economy—e.g., homelessness, which is not generally an economic problem—will suddenly become part of the news cycle as well.
Remember the cardinal rule of issues: nothing is ever settled until it is settled the way liberals want it settled, and then it is settled. Just as the economy has supposedly been just fine under Obama in spite of the facts, the economy will supposed be Great Depression II under Trump, in spite of the facts.
Too Big To Fail and Too Big To Jail. Must be nice.
by Wolf Richter • July 11, 2016
"The US House of Representatives today released the results of its three-year investigation – hampered along the way by the Department of Justice and the Department of the Treasury – into why HSBC and its executives weren’t prosecuted."
Yep!
HSBC knows exactly how many US Senators are on the cartels’ payroll.
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