Matt Taibbi on Big Banks’ Lack of Accountability

Posted by Robyn, February 6, 2013

Rolling Stone‘s Matt Taibbi joins Bill to discuss the continuing lack of accountability for “too big to fail” banks which continue to break laws and act unethically because they know they can get away with it. Taibbi refers specifically to the government’s recent settlement with HSBC — “a serial offender on the money laundering score” — who merely had to pay a big fine for shocking offenses, including, Taibbi says, laundering money for both drug cartels and banks connected to terrorists.

via Matt Taibbi on Big Banks’ Lack of Accountability | Moyers & Company | BillMoyers.com.