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British banking giant HSBC.
Has agreed to pay a record one point nine billion dollars.
The settle allegations that laundered money from Mexican drug lords.
Illegally process transactions from sanctioned nations such as Iran announcing the record -- in New York assistant attorney general Lanny brewer up fast and furious Spain.
Said this scale of HSBC's.
Operation was simply stunning.
And at least one occasion.
Instructed a bank in Iran.
And how to form of payment messages.
So -- the transactions.
Would not be blocked -- rejected.
By the United States.
Brewer however also defended the decision to not prosecute the bank.
He -- of authorities had pressed charges HSBC would almost certainly have lost its banking license.
In this country and that -- -- thousands of jobs.
The joining us now to assess all of this.
Former prosecutor Luis we will criminal defense attorney Arthur I -- both Fox News legal analyst good to have you both here thank you -- I -- is.
-- as -- outrage that Lanny brewer.
Already I certainly implicated in the -- -- -- absolutely is standing there is the spokesman for the US Justice Department saying they're not going to.
That's the way you summed it up was not quite fair because you didn't say is that this deferred prosecution meaning they're not just off the hook with a one point two billion plus.
That's right that's -- -- not yet but if they don't pay them money if -- do you don't.
They have five years of sort of probation and a -- what I think.
I driver and the wrestlers are gonna I'm -- that I did not treat agents here is headed -- have thought Arthur heat and what though yeah.
He is the reality check okay.
Standing behind him is Loretta Lynn she's the united -- attorney -- these individual Brooklyn queens.
That's where I -- and that's where I work who gets what real people getting prosecuted.
You take these same exacts type of scenario.
-- all of those zeros and just make it 191000 dollars in -- laundry or a 190000.
To a guy who want to restaurant -- employs ten people that guy is going to jelly shores eyeballs.
-- any indication that the -- have -- -- It was too big to fail here's something I'm getting worried about -- sense of fairness here you have yes -- is Arthur being fair here.
Aren't there is being there I'm trying to -- the best job I can't here to argue -- because but the thing obviously this government doesn't want in an advocate the Barley and they are using power want to Malia I think you're responsibly and against the national interest.
When you are doing business -- drug cartels.
Terror don't just sanction -- -- -- -- should be buying that have already happened and now at least the government gets -- -- -- -- crying every dollar that's that's the.
The deferred profit why you -- -- -- decline if they have any court is not already occurred.
Threat a direct pitch just -- it completely and said that's it we're dismissing this case with.
You know all prejudice what desires and that is Bob what's the outlook for prosecution so it can not -- -- in bondage.
I -- I -- extra -- a dream come true.
Every -- I go in there with a client I'm asking for depart prosecution.
What I wanted to go to the president of what does that expression justice delayed is -- this is.
One point nine big bird I think they basically that they they came to the inclusion would rather have two billion dollars back in our our treasury.
That put 51015.
At the -- prosecutor doesn't you know this I don't.
I am yeah you know when you.
They'll love you this but look who's always -- but to go ahead with the prosecution to go ahead with the case and to try to all these witnesses together.
-- always stand a chance of losing -- a prosecution about 90%.
Division -- but you haven't thought that the 10% still and you would have any money that at that point.
Let's talk to George Zimmerman we can we see the picture that finally emerged from George Zimmerman bloodied face and all I do we have that.
-- -- I'm told we do it just get a color arriving there any other color.
By the judge the that the ability to be wary of is shackled.
What is going -- why is this case being it's in the it seems that there is a real.
Turn on the part of the judge in this case -- this defendant.
What what's going on here and judges don't like when -- -- And during the whole bail procedure they they were recording in -- bold face lie he and his wife multiple times that is like.
A law student -- that means common sense what you don't -- to the judge.
You may try to push resident Bernie had a note that he was doing right the whole thing with the trust -- that would the from the defense -- all we only have X amount of dollars in the bank all live talent final on -- that.
You don't Iraq.
-- is not clean hands here even though because the fact that this color photo is now just coming it is the same thought it was given over the same but -- people -- think oh it's a different it's not it's exact same photo.
But would have to -- it over with a black and white photo.
Not the color photo which you know obviously is going to be more.
Of you know there's no rules of evidence so you know -- -- discovery.
I'll add this -- -- -- give over the black and -- this -- have to get red color effect that this could be spared the defense they were and a can't believe that money at least it isn't our current this how much you -- -- and social justice.
Let's let's let let's let's be jobs and let's follow the law here.
Is it pure politics that this man right now and -- down in Florida.
Under under charge of attempted murder not earlier are gonna come down or stand to ground hearing -- that's everything that's the legal grounding.
It's not your policy is not an issue that needs to be debated much why it is so far in the -- -- -- we wanna live in a society where people can walk around with guns and you know I mean it's easier to get a gun in certain states and literally to adopt a dog is BCA -- adopt -- -- these BCA.
-- -- to -- two references they called thousand this person can handle a dog.
We and and that's going to be up to the people this action to that.
You're you're you're tree -- and different issues -- one is the ability to know how to handle we've got to respect the weapon and writers him and -- to apply.
The other is the right the constitutional right to they've done.
But it's somewhat agents winds when you don't want to hear how they usually literally had to be -- -- -- -- -- I don't buy into monetary.
But your earnings yeah all that's what they are they quiet but paragraph top pop ups we get paid nothing like Florida though -- -- stand your ground -- everybody is coming out of that here.
What's real thank you very much Arthur I don't good to have met with a sense of good.
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