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HSBC’s $1.9 Billion Settlement and <strong>the</strong> Men on <strong>the</strong> Hill<br />

By<br />

Pam Martens<br />

On July 17 <strong>of</strong> this year, <strong>the</strong> Senate Permanent Subcommittee on<br />

Investigations released a 330-page report on banking giant HSBC,<br />

toge<strong>the</strong>r with 100 documents and internal emails, evincing a culture<br />

<strong>of</strong> hubris and potentially criminal actions when it came to U.S. banking<br />

laws.<br />

Today, <strong>the</strong> U.S. Department <strong>of</strong> Justice and multiple o<strong>the</strong>r U.S.<br />

regulators will tie all that up with a tidy red bow for a settlement <strong>of</strong> $1.921<br />

billion; a small nick in HSBC’s pr<strong>of</strong>its <strong>of</strong> $22 billion last year. HSBC<br />

released a statement saying it was “pr<strong>of</strong>oundly sorry.” Read More<br />

New York City police arrest artist who created drone satires<br />

By<br />

Sandy English<br />

A satirical poster on <strong>the</strong> potential use <strong>of</strong> drones by <strong>the</strong> NYPD<br />

Last week, The New York Police Department (NYPD) arrested<br />

Essam Attia, an artist who had designed and surreptitiously placed satirical<br />

posters dealing with <strong>the</strong> NYPD’s potential use <strong>of</strong> pilotless drone aircraft.<br />

Attia and a team posed as maintenance workers who routinely replace<br />

advertisements in plastic cases at bus stops and o<strong>the</strong>r public locations. The<br />

posters simulated NYPD public service announcements and depict drones<br />

firing missiles at fleeing civilians. One <strong>of</strong> <strong>the</strong> posters says, “NYPD drones:<br />

Protection when you least expect it.” An NYPD logo appears at <strong>the</strong> bottom<br />

<strong>of</strong> <strong>the</strong> image.

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