Who would have thought HSBC would be the entity to test American resolve regarding sanctions? This is a big deal.
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Replying to @emptywheel
@emptywheel@Galrahn HSBC arguably the slimiest bank on the planet. At these penalty rates, they can continue to be, indefinately.1 reply 0 retweets 0 likes -
Replying to @Casual_Obs
@Casual_Obs@emptywheel scary when the flagship POTUS diplomatic policy gets punked like this by HSBC and he ignores it. Invites problems.1 reply 0 retweets 0 likes
Replying to @Galrahn
@Galrahn @Casual_Obs Or rather, given choice bet flagship policy banks can't be held accountable & policy to cut off $$, banks won out.
9:12 AM - 11 Dec 2012
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