How much drug money does a bank have to launder before we consider shutting them down?

From YouTube:

From Sen. Elizabeth Warren YouTube Channel 03/07/2013. Senator Elizabeth Warren’s Q&A at the March 7, 2013 Banking Committee hearing entitled “Patterns of Abuse: Assessing Bank Secrecy Act Compliance and Enforcement.” Witnesses were: David Cohen, Under Secretary for Terrorism and Financial Intelligence, United States Department of the Treasury; Thomas Curry, Comptroller, Office of the Comptroller of the Currency; and Jerome H. Powell, Governor, Board of Governors of the Federal Reserve System. HSBC admitted to laundering $881 million from Mexican and Colombian drug cartels. Banking Committee member Warren, asked the Treasury Department: How much drug money does a bank have to launder before we consider shutting them down?

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1 Response to How much drug money does a bank have to launder before we consider shutting them down?

  1. Fed Up says:

    For the banks and their cronie politician buddiesit’s either “to big to fail” or “to big for trial”either way they just keep getting money from the txpayer in one way or the other. How much money is enough to satisfy these greedy slugs?

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