[x]
Welcome to the Stink Eye Discussion Forum!
Join the Discussion! Click Here for Instant Registration.
The Stink Eye Conservative Forum; Politics, News, Republican Election Headquarters
April 30, 2017, 08:54:59 am *
Welcome, Guest. Please login or register.

Login with username, password and session length
 
   Home   Help Search Login Register  
Pages: [1]   Go Down
  Print  
Author Topic: Comey is on the BOARD of DIRECTORS of a Bank donating to Clinton Foundation  (Read 707 times)
0 Members and 1 Guest are viewing this topic.
apples
Global Moderator
Hero Member
*****
Offline Offline

Posts: 37612



« on: July 12, 2016, 03:38:50 pm »

http://www.hsbc.com/news-and-insight/2013/former-us-deputy-attorney-general-joins-hsbc-board

https://www.theguardian.com/us-news/2015/feb/10/hillary-clinton-foundation-donors-hsbc-swiss-bank

Quote
James Brien Comey, Jr. (52), former United States Deputy Attorney General, has been appointed a Director of HSBC Holdings plc with effect from 4 March 2013. He will be an independent non-executive Director and a member of the Financial System Vulnerabilities Committee.
James Comey

James Comey

Jim Comey is a Senior Research Scholar and Hertog Fellow on National Security Law at Columbia University Law School in New York. From 2010 to 2013, he was General Counsel of Bridgewater Associates, LP and, from 2005 to 2010, Senior Vice President and General Counsel of the Lockheed Martin Corporation. From 2003 to 2005, he served as United States Deputy Attorney General and was responsible for supervising the operations of the Department of Justice and chaired the President?s Corporate Fraud Task Force. From 2002 to 2003, Mr. Comey was United States Attorney for the Southern District of New York and supervised the prosecution of executives on fraud and securities related charges and created a specialised unit to prosecute international drug cartels.

Commenting on the appointment, HSBC Group Chairman Douglas Flint said: ?We are delighted to welcome Jim as a non-executive Director and a member of our new Financial System Vulnerabilities Committee. His experience and expertise gained from both public and private sector roles at the highest level will add a further dimension to the governance capabilities of the Board.?

Mr. Comey?s appointment will be for an initial three-year term which, subject to re-election by shareholders, will expire at the conclusion of the 2016 Annual General Meeting. The Directors have determined that Mr. Comey is independent. In making that determination the Directors concluded that there are no relationships or circumstances which are likely to affect Mr. Comey?s judgement and any relationships or circumstances which could appear to do so were not considered to be material.

For and on behalf of
HSBC Holdings plc
R G Barber
Group Company Secretary

Supplementary information:
As a non-executive Director Mr. Comey will not have a service contract with HSBC Holdings plc. He will be paid a Director?s fee of ?95,000 per annum, as authorised by shareholders at the 2011 Annual General Meeting. Mr. Comey will also receive a fee of ?30,000 per annum as a member of the Financial System Vulnerabilities Committee as approved by the Directors in January 2013.

Clinton foundation received up to $81m from clients of controversial HSBC bank

https://www.theguardian.com/us-news/2015/feb/10/hillary-clinton-foundation-donors-hsbc-swiss-bank

Quote
he charitable foundation run by Hillary Clinton and her family has received as much as $81m from wealthy international donors who were clients of HSBC?s controversial Swiss bank.

Leaked files from HSBC?s Swiss banking division reveal the identities of seven donors to the Bill, Hillary and Chelsea Clinton Foundation with accounts in Geneva.

They include Frank Giustra, a Canadian mining magnate and one of the foundation?s biggest financial backers, and Richard Caring, the British retail magnate who, the bank?s internal records show, used his tax-free Geneva account to transfer $1m into the New York-based foundation.

Hillary Clinton has expressed concern over growing economic inequality in the US and is expected to make the issue a cornerstone of her widely anticipated presidential campaign in 2016. However, political observers are increasingly asking whether the former secretary of state?s focus on wealth inequality sits uncomfortably with the close relationships she and her husband have nurtured with some of the world?s richest individuals.
Logged
apples
Global Moderator
Hero Member
*****
Offline Offline

Posts: 37612



« Reply #1 on: July 12, 2016, 04:20:49 pm »

HSBC avoided US money laundering charges because of 'market risk' fears

http://www.bbc.com/news/business-36768140

Quote
US officials refused to prosecute HSBC for money laundering in 2012 because of concerns within the Department of Justice that it would cause a "global financial disaster", a report says.

A US Congressional report revealed UK officials, including Chancellor George Osborne, added to pressure by warning the US it could lead to market turmoil.

The report alleges the UK "hampered" the probe and "influenced" the outcome.

HSBC was accused of letting drug cartels use US banks to launder funds.

The bank, which has its headquarters in London, paid a $1.92bn (?1.48bn) settlement but did not face criminal charges. No top officials at HSBC faced any charges.
'Serious implications'

The report says: "George Osborne, Chancellor of the Exchequer, the UK's chief financial minister, intervened in the HSBC matter by sending a letter to Federal Reserve Chairman Ben Bernanke... to express the UK's concerns regarding US enforcement actions against British banks."

The letter said that prosecuting HSBC could have "very serious implications for financial and economic stability, particularly in Europe and Asia".

Justice Department spokesman Peter Carr said a series of factors were considered when deciding how to resolve a case, including whether there may be "adverse consequences for innocent third parties, such as employees, customers, investors, pension holders and the public".
Logged
PzLdr
Hero Member
*****
Online Online

Posts: 500



« Reply #2 on: July 13, 2016, 10:04:06 am »

"Nothing to see here. Move along..."
Logged

You can get more with a smile, a handshake and a gun than you can with a smile and a handshake - Al Capone
apples
Global Moderator
Hero Member
*****
Offline Offline

Posts: 37612



« Reply #3 on: July 13, 2016, 03:14:30 pm »

"Nothing to see here. Move along..."
Just think what Lynch got to her private acct. all of them.
Logged
Pages: [1]   Go Up
  Print  
 
Jump to:  

Contact Us by Email
Powered by MySQL Powered by PHP Powered by SMF 1.1.11 | SMF © 2006-2009, Simple Machines LLC Valid XHTML 1.0! Valid CSS!