Grassley: HSBC Should Face Criminal Charges (VIDEO)

Dec. 19 (Bloomberg Law) — United States Senator Charles Grassley (R – Iowa) and Bloomberg Contributing Editor Neil Barofsky talk with Bloomberg Law’s Lee Pacchia about HSBC’s recent settlement with US authorities over claims the bank engaged in money laundering for drug cartels and terrorist organizations. Grassley is the ranking Republican on the Senate Judiciary Committee.

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Comments
3 Responses to “Grassley: HSBC Should Face Criminal Charges (VIDEO)”
  1. MARGETTA LANGLOIS says:

    THE JUDGES ARE TO BLAME THEY LET ALL THIS HAPPEN, THEY GAVE “FRAUD” BOGUS,

    ILLEGAL OWNERHIP @ FRAUDCLOSURES ON THE DOORST EPS OF THE COURTS, FOR

    $ 100. THEN THEY ARE “OWNERS” W/ A FRAUD DEED…

  2. This is a outrage that the united states are just letting this go and only slap HSBC with a fine. As Herman said, their license should be revoked and too if the American people would open up their eyes and stick together, they should stop giving HSBC their business and pull every dime they have out and start banking with the credit unions. Here they put Bernie Madoff in jail yet the President and other government officials are not doing what should be done…PROSECUTED & REVOKED LICENSE….This is exactly why I stop voting. But I agree 1000% with Senator Grassley. It seems like the USA are the only government that won’t do what they’re suppose to do, put these crooks in jail where they belong. You see Germany just raided Deutsche Bank offices (another bunch of crooks whose US licenses need revocation) and placed individuals in jail. And the USA wonder why there are so many bad things happening in america. GOD has been trying to get everyones including government attention since 9/11 in 2001 and most especially the government didn’t take heed and did nothing but get worst. GOD sees all and until you put him back in the equation things are only going to get worst for whomever is walking against him and not with an/or for him.

  3. HERMAN VERGARA says:

    I think: It’s an outrage HSBC Bank USA hasn’t had its U.S. banking licenses revoked for “MONEY LAUNDERING” around the world. Why, WE THE PEOPLE, don’t sue them?. Bank crime shouldn’t pay.

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