Government: ‘Too big to fail means too big to Jail’ (Op-Ed)
When Federal authorities discovered that the bank HSBC had knowingly laundering money for both drug cartels and terrorists groups, most of the world expected quick indictments to follow. Instead, unfortunately for justice, the United States Justice Department determined that arresting the guilty parties at the bank because of its size would somehow jeopardize the US and possibly even the global economy. The same thing happened in 2009 when it was discovered numerous banks had been engaging in fraudulent practices that eventually led to the 2008 economic crisis. This time, the president....
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