Matt Taibbi | Will HSBC Deal Come Back to Haunt Loretta Lynch? - FORECLOSURE FRAUD

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Matt Taibbi | Will HSBC Deal Come Back to Haunt Loretta Lynch?

Matt Taibbi | Will HSBC Deal Come Back to Haunt Loretta Lynch?

Rolling Stone-

Three years ago, then-U.S. Attorney of the Eastern District of New York Loretta Lynch crafted a soft-touch deferred-prosecution deal for Europe’s largest bank, HSBC, which had only been caught in the largest drug-money-laundering case in history.

Today, as Lynch awaits approval for the Attorney General job, HSBC is in the news again. This time, the global mega-bank is being exposed in a massive scheme to help wealthy clients avoid taxes. This is from the New York Times:

In a report released on Sunday, the International Consortium of Investigative Journalists… said that secret documents revealed that bank employees had reassured clients that HSBC would not disclose details of their accounts to tax authorities in their home countries and discussed options to avoid paying taxes on those assets.

[ROLLING STONE]

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One Response to “Matt Taibbi | Will HSBC Deal Come Back to Haunt Loretta Lynch?”

  1. keepon says:

    Congress! Why investigate if you’re going to ignore your findings to confirm Ms. Lynch?

    You’ve found that she thinks ILLEGAL ALIENs are on even keel with American Citizens. She was principal negotiator in letting off now criminally charged HSBC multi-recitivist ex-US bank’s billion dollar payoff to DOJ. Ms. Lynch is not out to protect the American People and she WILL NOT be candid with the president about the law. The previous demonstrates that.

    Ms. Lynch will Eric Holder II! The nightmare will continue.

    DO as your OATH requires!

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