Bank Running Tax Avoidance Scheme Shocker.

The same bank was recently caught laundering money for drug cartels, terrorist groups, various european criminal syndicates including the mafia.

HSBC Judge Approves $1.9B Drug-Money Laundering Accord - Bloomberg Business

This link is just some of it.

It also helped Iran and Gadaffi-era Libya get round economic sanctions imposed on them by the rest of the world and a bunch of other stuff.

The total legal sanctions it faced for this? It got fined two months' profit. And you can guess how many people went to jail.


In other news

With These Hires, Congress Becomes Even More Like a Corporation | The Nation