HSBC paid $1.9 billion for laundering money for Mexican drug cartels and violating sanctions against Iran, Libya, Sudan, and Cuba, but no executives faced criminal charges despite overwhelming evidence of intentional wrongdoing. The bank laundered at least $881 million for the Sinaloa and Norte del …
HSBCLanny BreuerDepartment of JusticeMexican Drug CartelsEric Holder+1 moremoney-launderingtoo-big-to-jaildrug-cartelsfinancial-crimeimpunity
BP reached a landmark $4.5 billion criminal settlement with the U.S. Department of Justice, pleading guilty to 14 criminal charges including 11 felony counts of misconduct or negligent homicide related to the deaths of the 11 workers in the Deepwater Horizon explosion. The settlement included $4 …
BP (British Petroleum)Department of JusticeSecurities and Exchange CommissionDonald VidrineRobert Kaluza+3 morecriminal-settlementcorporate-prosecutionenvironmental-crimedeepwater-horizondoj-enforcement
BP reached a landmark $4.5 billion criminal settlement with the U.S. Department of Justice, pleading guilty to 14 criminal charges including 11 felony counts of misconduct or negligent homicide related to the deaths of the 11 workers in the Deepwater Horizon explosion. The settlement included $4 …
BP (British Petroleum)Department of JusticeSecurities and Exchange CommissionDonald VidrineRobert Kaluza+3 morecriminal-settlementcorporate-prosecutionenvironmental-crimedeepwater-horizondoj-enforcement
Despite widespread evidence of fraud in the 2008 financial crisis, the Obama administration prosecuted zero major Wall Street executives, contrasting starkly with the Savings and Loan crisis when 1,706 bankers were sent to prison. Instead, the DOJ pursued civil settlements totaling tens of billions, …
Eric HolderDepartment of JusticeWall Street BanksLanny BreuerCovington & Burlingfinancial-crisiswall-streetimpunityrevolving-doortoo-big-to-fail