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De Omnibus Dubitandum - Lux Veritas

Friday, July 22, 2016

Congressional Committee: Holder ‘Misled Congress’ on ‘Too Big to Jail’ Wall St. Bank

By Barbara Hollingsworth

Former Attorney General Eric Holder “overruled internal recommendations” and “misled Congress” when the Department of Justice (DOJ) declined to prosecute HSBC Bank USA and its UK-based holding company for “serious violations of U.S. anti-money laundering and sanctions laws” involving drug cartels and foreign terrorist groups, according to a new congressional report.
The report, released last week by the House Financial Services Committee, is entitled Too Big To Jail: Inside the Obama Justice Department’s Decision Not to Hold Wall Street Accountable......Read More...

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