It's sad because it's not that they don't look closely. They do, but they condone - publicly.
HSBC "spent years committing serious crimes, involving money laundering for terrorists", and there's been no penal prosecution, with the public (let me repeat: public) justification that prosecuting it penally would lead to a too big loss for the economy.
There has been some discussion previously. Links here:
It's sad because it's not that they don't look closely. They do, but they condone - publicly.
HSBC "spent years committing serious crimes, involving money laundering for terrorists", and there's been no penal prosecution, with the public (let me repeat: public) justification that prosecuting it penally would lead to a too big loss for the economy.
There has been some discussion previously. Links here:
http://www.theguardian.com/commentisfree/2012/dec/12/hsbc-pr...
http://www.rollingstone.com/politics/blogs/taibblog/outrageo...
update: added links