there is discussion on TBTF playing in (closed linkedin) Financial Crime Risk, Fraud and Security ... a few of the references:

HSBC's Settlement Leaves Us In A Scary Place
http://compliancex.com/hsbcs-settlement-leaves-us-in-a-scary-place/
Outrageous HSBC Settlement Proves the Drug War is a Joke
http://www.rollingstone.com/politics/blogs/taibblog/outrageous-hsbc-settlement-proves-the-drug-war-is-a-joke-20121213
Neil Barofsky: Too Big to Jail -- Our Banking System's Latest Disgrace
http://www.nakedcapitalism.com/2012/12/neil-barofsky-too-big-to-jail-our-banking-systems-latest-disgrace.html
The Punishment and the Crime; Banks Don't Go to Prison
http://www.counterpunch.org/2012/12/21/banks-dont-go-to-prison/
UBS Libor Manipulation Deserves the Death Penalty
http://www.bloomberg.com/news/2012-12-23/ubs-libor-manipulation-deserves-the-death-penalty.html
and
http://www.zerohedge.com/news/2012-12-24/does-libor-manipulation-deserve-death-penalty
How Bankers Help Drug Traffickers and Terrorists
http://www.nytimes.com/2013/01/03/opinion/how-bankers-help-drug-traffickers-and-terrorists.html?_r=1
"Mexico's drug war undiminished in some areas
close to Texas, authorities say"
http://www.dallasnews.com/news/nationworld/mexico/20130112-mexico-s-drug-war-undiminished-in-some-areas-close-to-texas-authorities-say.ece
Insight: How Colombian drug traffickers used HSBC to launder money
http://www.reuters.com/article/2013/01/01/us-hsbc-idUSBRE90002Q20130101
JPMorgan Chase slammed by regulators for control failings after botched derivatives bet
http://www.finextra.com/News/FullStory.aspx?newsitemid=24435
Once Again, Jamie Dimon Gets Special Treatment
http://www.nakedcapitalism.com/2013/01/marcy-wheeler-once-again-jamie-dimon-gets-special-treatment.html
OCC Issues Cease and Desist Order Against JPMorgan Chase, N.A., Related to Bank Secrecy Act/Anti-Money Laundering
http://compliancex.com/occ-issues-cease-desist-order-against-jpmorgan-chase-n-a-related-bank-secrecy-actanti-money-laundering/
Professor Coffee Hits a Nerve at SEC
http://www.corporatecrimereporter.com/news/200/coffeehitsanerveatsec01152013/
Has Departing SEC Enforcement Chief Robert Khuzami Become Damaged Goods?
http://www.nakedcapitalism.com/2013/01/schadenfreude-alert-has-departing-sec-enforcement-chief-robert-khuzami-become-damaged-goods.html
How to Cut Megabanks Down to Size
http://www.nytimes.com/2013/01/20/business/a-fed-voice-asking-to-cut-megabanks-down-to-size.html
The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
http://www.businessinsider.com/dallas-fed-calls-for-breakup-of-big-banks-2012-3
Banking Regulator Calls for End of 'Too Big to Fail'
http://dealbook.nytimes.com/2012/03/28/banking-regulator-calls-for-end-of-too-big-to-fail/
What's Inside America's Banks?
http://www.theatlantic.com/magazine/archive/2013/01/whats-inside-americas-banks/309196/
Lanny Breuer Now Blames 94 US Attorneys for Immunizing Banksters
http://www.nakedcapitalism.com/2013/01/marcy-wheeler-lanny-breuer-now-blames-94-us-attorneys-for-immunizing-banksters.html
The Fed's Too Easy on Wall Street
http://www.businessweek.com/stories/2008-03-19/the-feds-too-easy-on-wall-streetbusinessweek-business-news-stock-market-and-financial-advice
Banksters used $85 billion of $140 billion taxpayer TARP money for bonuses in 2008
http://www.correntewire.com/book/export/html/15189
Yglesias Pours the Geithner, Holder, Breuer (GHB) Banksters Immunity Doctrine in our Drinks
http://www.nakedcapitalism.com/2013/02/bill-black-yglesias-pours-the-geithner-holder-breuer-ghb-banksters-immunity-doctrine-in-our-drinks.html
Are Banks Too Big To Prosecute?
http://www.slate.com/blogs/moneybox/2013/01/30/too_big_to_prosecute_can_the_government_bring_serious_criminal_charges_against.html
The Untouchables
http://www.pbs.org/wgbh/pages/frontline/untouchables/

one of the comments along the way was that over 700 people were convicted in the S&L crisis ... but in this latest event ... which has been significantly worse ... nobody is doing jail time.