Bill Black, former US federal regulator: As HSBC has been fined $1.92bn - the largest fine in banking history, we ask if a fine is enough. William Black, a former US federal regulator certainly thinks so. He talks to Counting the Cost about fines, regulations and HSBC's reputation. Counting the Cost also looks at unions in the US state of Michigan - fuming after a new law hits their financial and political power. Plus, Africa's first budget airline takes off - but will it last? Counting the Cost is joined by Ed Winter, the CEO of Fastjet, to discuss Africa's first low-cost airline and the future of African air travel.
Published on Dec 16, 2012