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RNC Open Thread Three, With Schedule

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Killgore Trout8/29/2012 5:51:54 pm PDT

The banks are still fucking us
Prosecutors Link Money From China to Iran

As part of their broader investigations, prosecutors are examining whether any money transfers originated from Chinese banks and moved through the British banks before being routed through their American branches.

HSBC and Standard Chartered have extensive branches and business throughout Asia. Prosecutors hope that the banks’ executives, as part of settlements, will shed more light on Chinese banks’ independent relationships with Iran.