HSBC: Too big to jail? CNN Money·6 hours ago But almost as soon as the news broke Tuesday, critics repeated the questions familiar in cases involving big banks: Why wasn't HSBC indicted, and why aren't… Too Big to Fail Often Means Too Big for Jail CNBC·1 day ago Obama Administration Essentially Admits That Some Banks Are Too Big To Jail, Which Is Troubling Huffington Post·1 day ago See also: More stories · Top stories · Related blogs Too big to fail means too big for jail - Business on NBCNews.com www.nbcnews.com/business/too-big-fail-means-too...1 day ago There’s a reason top executives haven’t gone to jail for engineering the worst financial crisis since the Great Depression. Some bankers are just too big to convict The latest example came Tuesday with British global banking giant HSBC's agreement to pay a record $1.9 billion — about six weeks' worth of the bank's profits — to settle money-laundering charges with U.S. prosecutors. The deal ends a three-year probe into accusations of a widespread, multi-year string of illegal transactions violating sanctions against Iran and Latin American drug lords. Five years after a wave of risky mortgage bets cratered the banking system and sent the global economy into recession, the banking industry's players have paid or agreed to pay billions of dollars in fines and restitution. But not a single senior executive from the biggest banks has gone to jail. .