Friday, February 22, 2013

Rolling Stone: Bankers Too Big to Jail

In the same way that regulators, central banks and prosecutors often treat major international banks as too big to fail, banking executives are apparently just as often judged too big, too important, to prosecute. The realities and the details of it all seem just too offensive and dispiriting to be true. And yet, they are.

Rolling Stone offers this revealing article, “Gangster Bankers: Too Big to Jail,” about how in one such case British-based bank HSBC “hooked up with drug traffickers and terrorists, and got away with it.”

Link to Article:http://www.rollingstone.com/politics/news/gangster-bankers-too-big-to-jail-20130214
 

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