StanChart’s Reverse Ferret and the Indomitable Dimon

So Standard Chartered did launder Iranian money. After huffing, puffing, denying, blaming jealous Americans, and even having the British government argue on their behalf, they were quick to pull a reverse ferret and cut a $340 million check to make their legal problems go away.┬áIt's extraordinary, and rather dispiriting, how rarely banks fight for their… Continue reading StanChart’s Reverse Ferret and the Indomitable Dimon