Recent Comments
- Xing Yan Chen on “Too Big, Too Jail OR Fail”
- Amber Johnson on HSBC Scandal: Short Term Effects
- Jessica Chu-A-Kong on HSBC laundering scandal
- Jessica Chu-A-Kong on Which individuals or organizations responded? How did they respond?
- Jessica Chu-A-Kong on “Too Big, Too Jail OR Fail”
Meta
Author Archives: Amber Johnson
Too Big to Fail – HSBC’S Enduring Effects
According to Rolling Stone’s article “Gangster Bankers,” HSBC got away with straight murder. The coverings of HSBC’s crimes which lasted over half a decade were revealed just before the holidays, shocking politicians, lawyers and investigators worldwide. A fine of … Continue reading
Posted in Uncategorized
Comments Off on Too Big to Fail – HSBC’S Enduring Effects
HSBC’s Response to their Scandal
It’s interesting to see how a company as colossal as HSBC reacts to their own scandal. You would assume most big corporations turn a cold shoulder to their own misbehavior. Looking through their 2012 Annual Report, I found that the … Continue reading
Posted in Uncategorized
Comments Off on HSBC’s Response to their Scandal
“Too Big, Too Jail OR Fail”
After HSBC admitted to breaking money laundering laws hiding $200 trillion worth of transactions involved with Mexican and Columbian drug cartels as well as groups potentially aligned with terrorists, among other sanctioned nations, all they were fined was a … Continue reading
Posted in Uncategorized
2 Comments
How much money does a bank have to launder before people go to jail?
Also I wanted to add a visual representation of the backlash HSBC has caused and its impact on law and the contemporary philosophy ‘too big to fail or jail.’ Check out this video where Senator Elizabeth Warren aggressively questions, How … Continue reading
Posted in Uncategorized
Comments Off on How much money does a bank have to launder before people go to jail?
Crisis Facts
My research as follows regarding when and where the crisis occurred: In pursuant of HSBC’s polluted corporate culture, the U.S. financial system has fallen victim to the money laundering of $881 million involving drug trafficking and terrorist financing. With the … Continue reading
Posted in Uncategorized
Comments Off on Crisis Facts
HSBC MNE Profile
As one of the world’s largest banking and financial service organizations, HSBC’s mission according to their 2012 Annual Review states, “We aim to be where the economic growth is, connecting customers to opportunities, enabling businesses to thrive and economies … Continue reading
Posted in MNE profile final
Comments Off on HSBC MNE Profile
HSBC MNE Profile
Hey Guys! I did some research on HSBC and looked into their 2012 Annual Reports. Here is my take on the MNE profile including their strategies and background info. Post your research to this post so we can then condense … Continue reading
Posted in HSBC Laundering Scandal
6 Comments
Hello world!
Welcome to Blogs@Baruch! This is your first post. Edit or delete it, then start blogging.
Posted in Uncategorized
1 Comment