U.K. bank accused of laundering money for Iran

[Sharpe's Company]

This has to be the headline of the year so far.

I can see this running for a while, SC has been in deep trouble today.
http://www.bbc.co.uk/news/business-19159286

http://www.nytimes.com/2012/08/07/bu...pagewanted=all
http://www.nydailynews.com/news/mone...sEnabled=false
http://www.rediff.com/business/repor...s/20120807.htm

Quote of the day so far.
“You f------ Americans,” was reportedly the response from a senior official in London. “Who are you to tell us, the rest of the world, that we’re not going to deal with Iranians.”

Benjamin Lawsky has a lot of explaining to do.
'Shares were down 20% by lunchtime in London, after falling 16% in Hong Kong.'

20% loss on an allegation, something is seriously up.
http://blogs.telegraph.co.uk/news/da...t-a-bit-fishy/

[Armenum]

Quote of the day so far.
“You f------ Americans,” was reportedly the response from a senior official in London. “Who are you to tell us, the rest of the world, that we’re not going to deal with Iranians.”

QFT. About time for some people to react to the paranoid American sanctions on Iran, which they are forcing other countries and people to implement.

[Chevalier IX]

This American stance against several countries and their inherent sanctions that are enforced upon others reeks of the Napoleonic continental system,and we see where that lead in time....

[removeduser_487563287433]

Standard chartered is denying the allegations though.

[Sharpe's Company]

Standard chartered is denying the allegations though.

The damage has already been done.

Good old Daily Mail.
http://www.dailymail.co.uk/news/arti...=feeds-newsxml

Hezbollah ha! What next allegations of funding to the Communists and Nazis, never!

[Stavroforos]

Yeah, America's greatest ally and all that. It's time America did something about its Atlantic vassal.

[Glista]

If cartels why not Iran ?

[Imperial]

This must be a proud moment for Brits everywhere.

[removeduser_487563287433]

One might also point out that although a uk bank, SC's market is almost entirely Africa and the middle east. So, if these allegations are true, who has done it? London executives or Dubai executives?

[Sharpe's Company]

One might also point out that although a uk bank, SC's market is almost entirely Africa and the middle east. So, if these allegations are true, who has done it? London executives or Dubai executives?

Who cares, according to the Jewish Chronical, Benjamin Lawsky is pushing hard for SC to have it's licence revoked in the U.S.

That could see the end of Standard Chartered, if they're not allowed to trade in the United States.

No wonder they've recorded a 20% loss today.


This is major news.

[removeduser_487563287433]

I'm not saying it isn't.

[Kitsunegari]

"SCB's actions left the US financial system vulnerable to terrorists, weapons dealers, drug kingpins and corrupt regimes, and deprived law enforcement investigators of crucial information used to track all manner of criminal activity," it said.

The hypocrisy is delicious.

[Aanker]

Completely embarassing if true.

And to the anti-American crowd in this thread, please do enjoy a nuclear-armed Iran in a few years if these sanctions are not enforced. They have missiles that can reach Europe, you know, so Euroelitism won't work very well either.

[s.rwitt]

Completely embarassing if true.

And to the anti-American crowd in this thread, please do enjoy a nuclear-armed Iran in a few years if these sanctions are not enforced. They have missiles that can reach Europe, you know, so Euroelitism won't work very well either.

Or a nuclear armed Iran that can further destabilize one of the most important areas of the world with impunity, at which point these very same people will be demanding America do something about it. They won't know what they want done, but they'll demand it.

The US isn't exactly the pnly government who's against Iran's nuclear ambitions, a nuclear armed Iran is good for exactly one group of people, and that's the handful of nuts at the top of their power structure.

[Sharpe's Company]

Completely embarassing if true.

And to the anti-American crowd in this thread, please do enjoy a nuclear-armed Iran in a few years if these sanctions are not enforced. They have missiles that can reach Europe, you know, so Euroelitism won't work very well either.

Or a nuclear armed Iran that can further destabilize one of the most important areas of the world with impunity, at which point these very same people will be demanding America do something about it. They won't know what they want done, but they'll demand it.

The US isn't exactly the pnly government who's against Iran's nuclear ambitions, a nuclear armed Iran is good for exactly one group of people, and that's the handful of nuts at the top of their power structure.

If you're talking about the British people, well I'm one and I couldn't care less about Iran having a nuclear weapon. We have nuclear armed subs roaming the world's seas, they're hardly going to attack us.

You forget that our people lived with nuclear weapons on our doorstep during the cold war, soviet airplanes regularly entering British airspace, thousands of highly affective missiles based in Europe pointing towards us, a soviet leadership just as mad as Iran's.

The only reason why the UK Government is behind attacking Iran on a geopolitical level is due to the Jewish Lobby in Westminister funding our main political parties.
http://www.youtube.com/watch?v=lpBStS0RvMw

I don't know anyone who likes that state that occupies Palestine, people have long memories of that Terrorist State, and it's butchering of British teenage conscripts.

Couldn't care less if Iran wiped it off the map myself.

[newromansc]

If you're talking about the British people, well I'm one and I couldn't care less about Iran having a nuclear weapon. We have nuclear armed subs roaming the world's seas, they're hardly going to attack us.

You forget that our people lived with nuclear weapons on our doorstep during the cold war, soviet airplanes regularly entering British airspace, thousands of highly affective missiles based in Europe pointing towards us, a soviet leadership just as mad as Iran's.

The only reason why the UK Government is behind attacking Iran on a geopolitical level is due to the Jewish Lobby in Westminister funding our main political parties.
http://www.youtube.com/watch?v=lpBStS0RvMw

I don't know anyone who likes that state that occupies Palestine, people have long memories of that Terrorist State, and it's butchering of British teenage conscripts.

Couldn't care less if Iran wiped it off the map myself.

Wrong on many points here and more than likely thats untrue please give me sources before you just spout out some random crap. i can take it that your very ignorant in history because even if thats true your fellow muslim countries would kill anyone that is a isnt muslim, the fellow states around Israel have committed more crimes of murder and genocide than you can even claim that Israel has done.

[Tiberios]

Or a nuclear armed Iran that can further destabilize one of the most important areas of the world with impunity, at which point these very same people will be demanding America do something about it. They won't know what they want done, but they'll demand it.

The US isn't exactly the pnly government who's against Iran's nuclear ambitions, a nuclear armed Iran is good for exactly one group of people, and that's the handful of nuts at the top of their power structure.

I agree completely. A nuclear armed Iran will only destabilize an already unstable region. It's probably the last thing anyone would want really. It would probably also trigger an arms race in the M.E, again furthering to destabilize the region.

But never mind that, let's just criticize the US while ignoring trivial facts.

[Armenum]

I agree completely. A nuclear armed Iran will only destabilize an already unstable region. It's probably the last thing anyone would want really. It would probably also trigger an arms race in the M.E, again furthering to destabilize the region.

But never mind that, let's just criticize the US while ignoring trivial facts.

I think though if the West is serious about making Iran "nuclear free" they should also be pushing Israel to dismantle it's weapons and in extension Pakistan's. Iran's desire for nuclear weapons comes from a desire to have a "security buffer" given all the chaos and threats around them. Israel's hysteria that Iran is getting such weapons to "wipe off" Israel is very far-fetched. I think the biggest danger to come out of a nuclear Iran is indeed an arms race, namely Saudi Arabia who is a rival of Iran. Though one can also look at a nuclear Iran being a stabilising factor with Israel, like US as with USSR.

[priam11]

I am confused. I thought we were talking about banking.

How did the war of 1812 come into this?

[Toho]

Completely embarassing if true.

And to the anti-American crowd in this thread, please do enjoy a nuclear-armed Iran in a few years if these sanctions are not enforced. They have missiles that can reach Europe, you know, so Euroelitism won't work very well either.

I am very afraid now. I will now support your point of view.
Thank You.