Saturday, July 19, 2014


Richard Meddings, who insulted America's Iran sanctions program, as his bank intentionally evaded it, has finally left Standard Chartered. His infamous " You f__king Americans" statement personified the attitude of that minority of greedy, amoral international bankers, who often choose lucrative profits over compliance, and see nothing wrong with it. Meddings believes that the United States is meddling when it enforces its sanctions upon foreign banks who transact business in America. He forgets that access of foreign banks, to the financial centers of America, is a privilege, not a right, and it can be revoked for cause.

 If there ultimately is a war between the Western democracies and Iran, banks that facilitated Tehran's sanctioned missile and nuclear weapons programs, solely for profit, should face harsh justice.

Personally, should organizers at any one of the upcoming banking conferences in the United States in 2014-2015 have the temerity to invite Mr. Meddings to speak at their function, they might want to reconsider. I would think that his listing as a speaker will deter bankers from attending, meaning a major loss in revenue.  They should also expect to see some angry protesters there, for Mr. Meddings will find that he is not welcome in the United States.

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