Sen. Elizabeth Warren (D-MA) appeared before the Senate Banking Committee again today, and asked federal regulators about the topic of money laundering by Wall Street Banks.
Warren wondered aloud why Big Banks can get away with money laundering through drug lords and freely violate economic sanctions without being shut down, talking about the example of mega-bank HSBC.
WARREN: How many billions of dollars do you have to launder through drug lords, and how many economic sanctions do you have to violate before someone will consider shutting down a financial institution like this?
DAVID COHEN, REGULATOR: We determined the appropriate response [with HSBC] there was a very very significant penalty against the institution […]
WARREN: How many billions of dollars do you have to launder for drug lords before somebody says we’re shutting you down?!
Watch Warren’s grilling of regulators:
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HSBC has been ruining peoples lives for many decades. I want them in jail and I would love to see their business taken apart.
That drug money belongs to CIA, you typical “progressive” simpleton! Arrest T. Anthony Arnone of Lauderdale by the Sea, Florida and a few of his associates and CIA will be forced to shut down its drug importation/distribution operations!
so how could Afgani heroin still be on the market unless the CIA is moving it.
Meantime, i hope Sen Warren invities the DoJ to appear. I doubt she will.
That is why I was so glad that Lizzie got voted in. I love the way she’s kicking ass and taking names, unlike that idiot Ted Cruz who is nothing more than McCarthy 2.0. Keep up the good work Liz. Maybe we can fill those private prisons with those jack asses from Ball St
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