Argentina: “Qui cum canibus concumbunt cum pulicibus surgent”
By Fausta's Blog on August 19, 2014
Looks like Citibank lied down with dogs, and is now covered with fleas: Citibank could lose Argentina banking license If the banking giant obeys a US judge’s order, it risks losing its banking license in Argentina — and the $2 billion it has in local deposits. But if it follows Argentine law, it risks violating a US federal court order. Play me the world’s smallest violin: It’s not looking good, In a recent speech, Kirchner reminded Citi of its obligations under Argentine law and noted that her government decides who gets banking licenses in the country. . . .
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