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I agree, I got a bank comfort letter from an Asian client using Sberbank, and found out that the entire bank is on OFAC list! Russians use this bank like Ameri
by vmception 6y ago
I agree, I got a bank comfort letter from an Asian client using Sberbank, and found out that the entire bank is on OFAC list!
Russians use this bank like Americans use Venmo.
It just seems like low hanging fruit for a chummy head of state to deal with, because the sanction itself is so hurtful and broad to include the entire institution for over half a decade and never revisiting it.
It is balanced to separate the rhetoric of the head of state from the autonomous and distributed US agencies. Its clear the priorities from the president are self-protection, and the stuff with Russia is just enough to keep investments afloat, while pretty much everything else regarding US agencies and geopolitics is ignored. So all the drama stays at the top of DOJ, Fed, Treasury and what all the divisions do transcends administrations.