HSBC suffers the Taibbi treatment in Rolling Stone

Matt Taibbi, the man who famously described Goldman Sachs as "a great vampire squid wrapped around the face of humanity", has turned his attention to HSBC in the latest edition of Rolling Stone magazine. Reflecting on the bank's recent encounter with the US Department of Justice over money laundering he wonders aloud why "despite a decade of stupefying abuse" it received a US$1.9 billion fine and no individuals were fined or went to jail.

via Business feed http://www.scmp.com/business/article/1167460/hsbc-suffers-taibbi-treatment-rolling-stone