I thought this belonged in LBN, because we are always being exhorted
to post News in LBN, not GD. However, I searched for discussion about this on GD and could not find any.
Here is the original thread, it is in the Economics forum.
A lot of people are highly skeptical, despite MSNBC going ape-shit
over all of this (and talking as if they knew it was in the cards
for years -- but weren't certain enough to say so.)
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x23468Major investment bank issues warning on strike against Iran
Michael Roston
Published: Monday January 15, 2007
http://www.rawstory.com/news/2007/Major_investment_bank_issues_warning_on_0115.htmlBank sees February or March timeline if Israel strikes
Warning that investors might be "in for a shock,"
a major investment bank has told the financial community
that a preemptive strike by Israel with American backing
could hit Iran's nuclear program, RAW STORY has learned.
The banking division of ING Group released a memo on Jan. 9 entitled
"Attacking Iran: The market impact of a surprise Israeli strike on its
nuclear facilities."
<snip>
ING's Robertson admitted that an attack on Iran was "high impact,
if low probability," but explained some of the reasons why
a strike might go forward.
<snip>
The ING memo was first sent to RAW STORY by an anonymous tip and
confirmed Monday by staff on the bank's emerging markets office,
who passed along the Jan. 15 update. The full PDF documents can
be downloaded at this link for the Jan. 9 report, and this link
for the Jan. 15 update.
<snip>