UBS Is Fined $4.2B in French Tax-Evasion Case
Another slap on the wrist. No one goes to jail because of Deferred Prosecution AgreementsHSBC got fined about half that when they caught laundering money for the Mexican cartels a few years back. True story: HSBC had to design special teller windows because the standard ones were too small to fit the sacks of money that were being brought in and laundered. If you want to know why these guys don't go to jail, pull up a bottle of lithium and sit down with The Chickenshit Club.