The Mizpah Minutes

The picante story is told in few sentences: reputed yet troubled private bank Sal. Oppenheim is looking to save itself through a deal with Deutsche Bank.
Deutsche Bank likes the idea as of the ultra-rich clients in Sal. Oppenheim’s portfolio. One of them, through investment with Sal. Oppenheim owned BHF-Bank seems to be the peace loving government of Iran with a presumed 6 billion EURO. Neither BHF-Bank nor Sal. Oppenheim or Deutsche Bank appearing to be all too bothered by doing business with Iran or enhancing their wealth.
After all – what has money to do with morality?

But what strikes me most is that Iran of all nations entrusts their hard earned cash to a bank with so distinct jewish roots.
Awww, I thought – they cannot be so hateful then after all towards Judaism and jewish culture and achievements, as otherwise they would never invest there…
Or would they?

What’s money gotta do with morality?

To quote the Roman emperor Vespasian: pecunia non olet – money don’t stink.
Certain actions though do.

Written & © by Helena Lind

This entry was posted Sunday, August 16th, 2009 at 11:58 am. Both comments and pings are currently closed.