Ep504: Too Big to Jail?

Chris Blackhurst, Author, Too Big to Jail ‘Too Big to Jail’, subtitled ‘Inside HSBC, the Mexican drug cartels and the greatest banking scandal of the century’ tells the story behind the record fine of $1.9 billion handed out to HSBC in 2012 by US authorities along with a deferred prosecution agreement with the US Department of Justice (there were no prosecutions). The fine related to money laundering activities between 2003 and 2010 on behalf of the Sinaloa drugs cartel in Mexico. Would moder...