By Rand Paul
Obama acts as though we no longer have a Constitution
Independent voices from the TWT Communities
The chief compliance officer of Britain's HSBC says he is stepping down from that position after an investigation found that lax controls at the international bank allowed Mexican drug cartels to launder billions of dollars through its U.S. operation and other illicit transactions.
Mr. Thurston said the Mexican bank, which HSBC had acquired in 2002, had been a "fast-growth" bank that lacked controls against money laundering.
He added, however, "We know we should have done this better, sooner."