More than three months after the Justice Department administered a virtual slap on the wrist to global banking giant HSBC after a whistleblower’s report to WND of massive fraud was confirmed, Attorney General Eric Holder admitted to a Senate panel he believes some banks are too big to prosecute.
Under questioning before the Senate Judiciary Committee last Wednesday, Holder said he was not referring specifically to HSBC, because it would not be “appropriate,” but the message was clear.
Banks the size of HSBC are “too big to jail,” as a member of the Senate panel put it....