Barofsky Sees `More Action' Over Standard Chartered

Barofsky Sees `More Action' Over Standard Chartered Play

Aug. 15 (Bloomberg) -- Neil Barofsky, former special inspector for the U.S. Treasury's Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about Standard Chartered Plc's decision to settle a New York money laundering probe for $340 million the day before it was to defend its right to operate in the state. The bank still faces federal inquiries over claims it helped sanctioned nations including Iran illegally funnel money through the U.S. Barofsky speaks with Tom Keene, Sara Eisen and Scarlet Fu on Bloomberg Television's "Surveillance." David Blanchflower, a professor at Dartmouth College and a Bloomberg Television contributing editor, also speaks. (Source: Bloomberg)

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