Dec. 19 (Bloomberg Law) — United States Senator Charles Grassley (R – Iowa) and Bloomberg Contributing Editor Neil Barofsky talk with Bloomberg Law’s Lee Pacchia about HSBC’s recent settlement with US authorities over claims the bank engaged in money laundering for drug cartels and terrorist organizations. Grassley is the ranking Republican on the Senate Judiciary Committee.
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Wonderful Mr Grassley. A stern letter and grandstanding really do nothing at all. How about some legislatin’? Or would that have you evicted, as it were?