HSBC Couldn't Track $60 Trillion in Suspicious Activity?


"Assistant Attorney General Lanny Breuer has failed at prosecuting financial crime, said Eliot Spitzer, former governor and attorney general of New York.

"Lanny Breuer, who is the assistant in charge of the Criminal Division — horrendous," Spitzer said on Current TV yesterday, a liberal cable channel where he hosts a talk show. "Should be gone tomorrow. The decision's he's made over and over — simply anathema to the appropriate execution of the law of this United States of America. I am outraged by these decisions."

Spitzer, the former New York governor who made his name prosecuting Wall Street crime when he was the state's attorney general, made his comments on The Young Turks, a Current TV show hosted by Cenk Uygur."*

HSBC was able to track Eliot Spitzer's 3 deposits to a holding account for an escort service. But they couldn't track $60 trillion in suspicious activity transfers from drug cartels and al-Qaeda that benefited them? Could it be because Spitzer was investigating the banks? Cenk Uygur breaks down the financial hypocrisy.

*Read more from Elizabeth Murphy/ Main Justice: