Perhaps Larry Summers, Robert Rubin, Henry Paulson, and Richard Fuld don't deserve jail time, but certainly some legal precedent must be set when financial institutions like HSBC are caught laundering money for drug cartels, mafia organizations, and terrorist groups. Apart from the moral and ethical reasons for pursuing a more severe charge against the implicated, isn't it in the government's best economic interests to offer more than a slap on the wrist for corps aiding enemies that are already a major suck on our monetary resources?
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Perhaps Larry Summers, Robert Rubin, Henry Paulson, and Richard Fuld don't deserve jail time, but certainly some legal precedent must be set when financial institutions like HSBC are caught laundering money for drug cartels, mafia organizations, and terrorist groups. Apart from the moral and ethical reasons for pursuing a more severe charge against the implicated, isn't it in the government's best economic interests to offer more than a slap on the wrist for corps aiding enemies that are already a major suck on our monetary resources?
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