As BNP Fine Could Sink Bank, Why No Individual Prosecutions?

As the US President Barack Obama heads to France, a confrontation over US fines against  BNP Paribas SA (ADR) (OTCMKTS:BNPQY) (EPA:BNP) looms. As reported in ValueWalk, BNP Paribas SA (ADR) (OTCMKTS:BNPQY) (EPA:BNP) is accused of transferring money to outlaw nations such as Sudan, an issue that might land smaller US banks in jail. Concern massive fine might wipe out key financial institutions in France At issue is the severity of the fine — $10 billion, a dramatic sum considering that for laundering money of drug cartels and terrorist nations, HSBC Holdings plc (ADR) (NYSE:HSBC) (LON:HSBA) received only a $1.9 billion fine. …