Beirut Spring

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Remember that politics move quickly, and people and their opinions evolve.

Lebanese Canadian Bank Sells Out

March 3, 2011 · Mustapha Hamoui

So much for all the “we’re standing by the LCB” tough talk:

The bank, which was accused by the U.S. State Treasury Department of involvement in money laundering and links to Hizbullah, suddenly decided to sell all of its shares and exit the Lebanese market.

The question is: Does this sound like the behavior of a bank with nothing to hide?