Former Columnist Alleges Daily Telegraph Folded For HSBC

By: Wednesday February 18, 2015 11:00 am

Peter Oborne, formerly a columnist for the Daily Telegraph, claims that while he worked at the Telegraph the London newspaper killed and ignored stories that could do damage to megabank HSBC’s reputation and business. Oborne made the allegations in a piece announcing his resignation from the Telegraph which was posted on Open Democracy, a digital [...]


Loretta Lynch’s HSBC Deal Facing Renewed Criticism After ICIJ Report

By: Tuesday February 10, 2015 11:00 am

Again, did AG nominee Loretta Lynch let HSBC off the hook by declining criminal prosecution? — marcus baram (@mbaram) February 8, 2015 US Attorney General nominee Loretta Lynch is facing criticism for the deal she made that let HSBC escape prosecution after being found to have participated in a serious and far reaching program [...]

Leaked HSBC Files Show Banking Giant Provided Services to Clients Tied to Arms Trafficking, Blood Diamonds

By: Monday February 9, 2015 1:00 pm

Files from a whistleblower, which a major French newspaper obtained, show HSBC’s Swiss private bank offered services to clients, who the United Nations, court documents and media had singled out as having connections to arms trafficking, bribery and blood diamonds.

JPMorgan Facing New Investigation, Citigroup and HSBC Set Aside Funds for Legal Problems

By: Tuesday November 4, 2014 1:30 pm

JP Morgan, Citigroup, HSBC setting aside millions for legal fees for ongoing investigations.

As Bitcoin Becomes Billion Dollar Market America Moves for Crackdown

By: Friday March 29, 2013 3:32 pm

The bitcon market has officially crossed the billion dollar mark. It was a mere two years ago that bitcoins were introduced as an alternative currency to those controlled by States. Bitcoins are decentralized and digital using peer to peer technology – a truly free market.

Obama Plans for Spy Agencies to Have Total Access to American’s Financial Information

By: Thursday March 14, 2013 5:56 am

As the Obama Administration continues to expand the policies of the Bush Administration the newest theater of the War on Terror is your checking account.

Elizabeth Warren Wants HSBC Bankers Jailed, Regulators Have Ties to Bank

By: Friday March 8, 2013 10:45 am

In a nation that has imprisoned millions (mostly poor, mostly minorities) of people for minor drug offenses a bank that laundered billions of dollars in drug money, HSBC, has walked away with a small fine. No jail time, no charter removal, just a few weeks profit and on the game goes.

Senator Elizabeth Warren is irritated by this clear double standard for the rich and decided to let the regulators know of her displeasure in a Senate hearing.

British Might End Too Big To Fail Banking

By: Monday February 4, 2013 7:38 am

After a global financial crisis, an epic price fixing scandal, and embarrassing criminal conduct British regulators are considering ending Too Big To Fail Banking. British Finance Minister George Osborne has proposed legislation that if banks do not shield their riskier investment activities from day to day banking they will face restructuring.

Predators: HSBC Faces Lawsuit For Targeting Minorities

By: Wednesday December 26, 2012 12:40 pm

Admitted Drug Money Launders HSBC are going back to court. This time the firm will not be apologizing for helping Mexican Drug Cartels or 9/11 Hijackers evade the law but for predatory lending targeted at minorities.

Republicans and Democrats Speak Out Against “Too Big to Jail” HSBC Case

By: Monday December 17, 2012 9:05 am

Where is Patrick Leahy on this? He has made no public statement on the HSBC case, despite being the co-author of the Fraud Enforcement and Recovery Act, which was supposed to deliver funds toward prosecuting fraudulent big bank activity (it never actually did). Grassley, a co-author, has spoken out. Why not Leahy?

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