HSBC Bank USA, N.A. HSBC - North America Laundering money for Drug Dealers and Mobsters since 1980! Criminals in suits who were warned many times and continue to make huge profits from death and destruction. new york, Nationwide

British banking giant HSBC has admitted to laundering billions of dollars in Mexican drug cartel and terrorism money, yet wont see a single criminal charge for it. Instead, the bank agreed to pay $1.9 billion to the feds last week, which is about five months of revenue.

Why did the feds not charge the bank for helping to facilitate about nine billion dollars worth of the drug trade, which has led to 50,000 deaths in Mexico?

putting executives from a systemically important institution in jail for drug money laundering would threaten the stability of the
financial system, Rolling Stones Matt Taibbi reports Friday.

Rolling Stone notes that the federal government routinely destroys individual drug users and sellers lives over small amounts of
drug crime, while the worlds biggest banks now simply pay a fine. What a joke.