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February 28, 2004

Israel: Palestine Bank Incursion

I thought I should make a comment on this. I know the Arab Bank people involved, have mixed feelings on the justification. On one hand have heard the rumours about the terror financing angle, but also know Arab Bank to be one of the best run and most professional in the region. As well as rather conservative.

Cairo Amman Bank is another story. My call, pending more informatin, Israel either jumped the gun or is taking a rather typical guilty until proven innocent position.

Posted by The Lounsbury at February 28, 2004 02:50 PM
Filed Under: Jan-Jul 2004

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