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Monday, December 27, 2010

HSBC -- "How Stupid Bank Company"

For the last few days I have been meaning to write about the connection between HSBC and Iran. This is the result of perhaps the dumbest ad campaign ever seen. HSBC is posting ads in Europe which read "Only 4% of American films are made by women; in Iran it's 25%. We find potential in the most unexpected place. Do you?"

So now Hong Kong and Shanghai Bank is touting the great opportunities for women in Iran? And they base this on the film industry -- Iran's enormous film industry? Has HSBC lost its mind?

The ad can be seen by going to Commentary -- just click on the title to this post to get there. It is an amazing statement from one of the world's largest banks. Are they saying that women in Iran have more opportunities than those in the USA? If so, perhaps they will need to explain why Iran supports keeping women out of schools, allowing women who are raped to be killed due to their dishonor, letting husbands abuse their wives however they desire, etc. Iran sounds like a virtual paradise for women.

Maybe the HSBC ad was meant to be humorous. If so, what comes next? An ad where the bank points out some amusing positive fact about Nazi Germany? Maybe the bank can explain why the ebola virus is actually good for the environment.

I do not have an account at HSBC. If I did, I would close it now. I would never do business with an apologist for Iran.

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