Bank analyst compares US regulations to Eric Garner's choking: I Can't Breathe(theguardian.com)

2 pointsby freeiris12 lat temu0 comments

Bank analyst compares US regulations to Eric Garner's choking: I Can't Breathe

http://www.theguardian.com/business/2014/dec/10/bank-analyst-compares-us-regulations-to-eric-garner-death-i-cant-breathe

2 comments

AnimalMuppet12 lat temu

I thought this was going to be about regulations imposed on banks after the 2008 fiasco. If you can nearly destroy the world with your carelessness, and regulations get tightened so that you feel like you can't breathe, well, that's not necessarily bad. I want you to have very little wiggle room, because you have very recently demonstrated that you can't be trusted to exercise good judgment.

Turns out the article is actually about a bank in South Africa that wants to ignore US sanctions against Iran. If you want to be able to move money for a regime that is despotic, supports terrorism, regularly encourages its people to chant "Death to America", and seems to be trying to acquire nuclear weapons, well, I don't have a lot of sympathy for you. If you want to be able to ignore the rules against doing so without consequences, well, I still don't have much sympathy for you.

I have sympathy for the guy in New York, but not for the bank.

wpaprocki12 lat temu

Stay classy.