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HomeStandard Chartered: Keep the Fine, Deliver The Truth
Posted by Larry Doyle on August 14th, 2012 7:59 AM |
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. –Arthur Schopenhauer
L’affaire Standard Chartered Bank – Iranian Money Laundering takes center stage tomorrow with an expected meeting between senior bank executives and Benjamin Lawsky, superintendent of the New York Department of Financial Services.
Recall that Lawsky just last week unilaterally castigated the UK-based bank for brazenly and wantonly eviscerating state and federal banking rules against dealing with Iranian entities. (more…)
