buckle back to the kaiser report imax kaiser time now to go to niceville florida and talk with carl denham juror market ticker about orange karl is also the author of leverage how cheap money will destroy the world karl denninger welcome back to the kaiser report a thank you max i was reading your most recent tweet carl you say new york throws a wrench into crony banks tourism explained well yesterday new york state decided that they'd had enough of the games that the banks play. and issued a rather stinging indictment if you will against standard chartered which is a british institution. alleging that it had essentially process two hundred fifty billion dollars worth of prohibited trim and sections for the benefit of banks in iran. there are sanctions against doing that sort of thing and there are limited exceptions for what are called u.-turn transactions and what the new york regulators said is that the bank not only willfully and intentionally circumvent it in violated those restrictions but that they knew they were doing it that they stripped identifying information from the wire tran

for this edition of the kaiser report with me max kaiser and stacey herbert never think i guess carl denham juror of market ticker dot org if you are sending email please do so kaiser reported r t t v dot ru the next on ice guys are saying by all. wolf the funny sounds technology innovation called the list of elements from around russia we've got the future covered.