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British Bank Accused of Laundering $250 Billion for Iran

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Standard Chartered is the British bank being called a "rogue institution" by New York's State Department of Financial Services. The bank is accused of helping to "sustain a threat to global peace and stability" by laundering $250 billion for Iranian banks and corporations. How did that happen? Jessica Silver Greenberg is Business Day reporter for the New York Times.

Credits

Guest:
Jessica Silver-Greenberg - New York Times - @jbsgreenberg

Host:
Warren Olney

Producers:
Katie Cooper, Evan George, Sonya Geis