• How could and should the justice system deal with miscreant banks when there are likely to be "collateral consequences" for the innocent - including you and me - from the more severe punishments?

    BBC: Are some banks too big to jail?

  • That issue of the "collateral consequences" from bank spanking was cited by US Assistant Attorney General Lanny Breuer when explaining why the Department of Justice had chosen not to "fully prosecute" HSBC for its money laundering and sanctions breaching offences - and had instead put the bank on probation with a deferred prosecution agreement.

    BBC: Are some banks too big to jail?

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