And who was sitting on the HSBC Board? None other than James Comey, the present director of the FBI! The foxes are guarding the hen house.... A primary example of the corrupt NETWORK of state actors that have assumed & dominate the American political machinery. Is it NOW any wonder that Comey recommended no indictment against Hillary or the Clinton Foundation???
US Refused To Prosecute HSBC Over Fears Of "Global Financial Disaster"
"Justice Department spokesman Peter Carr said a series of factors were considered when deciding how to resolve a case, including whether there may be "adverse consequences for innocent third parties, such as employees, customers, investors, pension holders and the public". The report also accuses former US Attorney General Eric Holder of misleading Congress about the decision.
The report says Holder ignored the recommendations of more junior staff to prosecute HSBC because of the bank's "systemic importance" to the financial markets.
"Rather than lacking adequate evidence to prove HSBC's criminal conduct, internal Treasury documents show that DOJ [Department of Justice] leadership declined to pursue [the] recommendation to prosecute HSBC because senior DOJ leaders were concerned that prosecuting the bank 'could result in a global financial disaster'," the report said. Instead, the Department of Justice and HSBC reached the settlement, which some politicians criticised for being too lenient."
http://www.zerohedge.com/news/2016-0...ncial-disaster
30 Jan 2013
Former US Deputy Attorney General joins HSBC Board
James Brien Comey, Jr. (52), former United States Deputy Attorney General, has been appointed a Director of HSBC Holdings plc with effect from 4 March 2013. He will be an independent non-executive Director and a member of the Financial System Vulnerabilities Committee.
http://www.hsbc.com/news-and-insight...ins-hsbc-board
Clinton foundation received up to $81m from clients of controversial HSBC bank
https://www.theguardian.com/us-news/...sbc-swiss-bank
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