United States Senator Charles Grassley (R - Iowa) and Bloomberg Contributing Editor Neil Barofsky talk with Bloomberg Law's Lee Pacchia about HSBC's recent settlement with US authorities over claims the bank engaged in money laundering for drug cartels and terrorist organizations. Senator Grassley is the ranking Republican on the Senate Judiciary Committee.

In a letter to Attorney General Eric H. Holder Jr., Sen. Chuck Grassley of Iowa complained that the Justice Department -- in accepting a $1.92 billion settlement in a money-laundering probe by federal and state authorities in the United States -- had not prosecuted a single HSBC employee, “no executives, no directors, no AML [anti-money laundering] compliance staff members, no one.”

“Even more concerning is the fact that the individuals responsible for these failures are not being held accountable,” he wrote. “By allowing these individuals to walk away without any real punishment, the department is declaring that crime actually does pay. Functionally, HSBC has quite literally purchased a get-out-of-jail-free card for its employees for the price of $1.92 billion dollars.”

Videographer Luke Rudkowski (#OWS) got yet another chance to question the current chairman of the Federal Reserve, Ben Bernanke. The last time the two met, Bernanke was not in a talkative mood and since Luke only had one chance to ask one question he decided it had to be an important one. Luke asked Bernanke about the 2007 - 2010 secret trillion dollar Federal Reserve bailouts, that only recently came to light from a partial audit of the Federal Reserve. Barnanke was not happy with the question but since no one in the main stream media ever questioned Bernanke on the biggest bailout in world history, Luke had to seize the opportunity. During the inpromptu interview, Bernanke actually grabbed Luke's microphone and tried to snatch it away from him, but sadly the video did not capture his hands on the microphone.