Economic crisis, but not for rich Britons

Dear Kitty. Some blog

This video from Britain says about itself:

HSBC Laundered Billions In Cartel Cash And Got Away With It

Jan 9, 2013

HSBC, the world’s third largest bank and its 6th largest company, has paid a record $1.92 billion settlement after U.S. investigators found that it spent years committing serious crimes involving money laundering for Mexican drug cartels, moving tainted money for Saudi banks tied to terrorist groups and for nations like Iran. Those investigations even uncovered substantial evidence “that senior bank officials were complicit in the illegal activity.”

Shameless HSBC bank bosses posted profits today of £13.7 billion – at the same time as launching an attack on their workers’ pension scheme: here.

By Paddy McGuffin in Britain:

Top bosses laughing all the way to the bank

Monday 04 March 2013

Directors’ pay at FTSE 100 firms soared last year, growing up to seven times faster than the…

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