Too Big To Jail

Documents Show Obama Officials in Tension Over British Banks - NYTimes.com

But in Washington, some discussions have taken a more hostile tone as the Justice Department faces scrutiny for not indicting HSBC.
The Justice Department has explained that it follows guidelines requiring prosecutors to weigh indictments of businesses with “collateral consequences” like job losses and, in the case of big banks, a threat to the economy. And in a recent letter to Congress, the department explained that it has “contacted relevant government agencies to discuss such issues,” including federal regulators.