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Cracking Down on Businesses Supporting Iran
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New York City Public Advocate Bill de Blasio on putting pressure on Maserati for doing business in Iran.
- Duration 5:08
- Date Oct 22, 2012
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New York City Public Advocate Bill de Blasio on putting pressure on Maserati for doing business in Iran.
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-- -- back on -- what should we do this is an important question I really want you -- to think about.
What should we do with the companies that are still doing business with our enemies it is a question likely to come up tonight in tonight's foreign policy debate just a few months ago.
You remember this one standard charter that bank got slapped with a 340.
Million dollar fine for doing illegal business in Iran.
Well today we've got somebody who was leading the fight to stop high and car companies from doing business in Iran in particular.
Bossa Roddy we welcome New York City public advocate bills plus he's joining me up Fox Business exclusive global -- -- -- -- Citi broad.
It's amazing -- -- -- just opened a show room in Tehran.
There making a mockery of international sanctions because let's face it there's money to be made in Iran and instead of respecting the fact of the global community is trying to shut down this murderous regime.
Mas -- going there to add to its profits we're in front -- -- right show room in Manhattan today.
Say that people -- -- see people all over this country.
They don't like to see anyone doing business with this regime.
And my party has to ask themselves of questions that wanna make money here in America and have.
A real customer base here but I wanted business in Iran they have to make -- -- -- are not going to be able to both in fact we have a photograph of the storefront in to have Ron where it's -- -- erotic coming soon but now you're telling me it's open.
They have announced up and down the block that this is going to be a new showcase for mas Roddy in that country.
And and think about this right now -- -- does about 300 million dollars worth of business in the United States well think of the average American consumer.
Including someone who might be able to -- amounts Ronnie and I walked up -- -- -- you know what this same companies aiding and abetting the Iran enriching don't you think they take their business elsewhere.
-- might say -- you.
Who'd just built a quasi I think he is that he can control what an Italian sports carmaker is doing can you how any pressure here have you had a previous success with other foreign car company we sure have a whole coalition of allies gotten together to press this case over -- last year plus.
Hyundai has left Iran Porsche.
Volvo.
Fiat brand has left Iran must -- -- -- corporations that that they have to be pressured.
Well yes of course that's the point would like to see these companies simply do.
But what people all over the western world know we have to do which is disengagement Iran and stop this regime but unfortunately some of these companies are going opposite direction here is the picture but tech and -- -- dealership whose got the money I'm wondering is -- the cronies in the government were buying -- around well exactly it's those who have the power and wealth and -- those of the folks were -- the Islamic government.
Iran watch list dot com is the tool that we're using to direct pressure on companies say.
Gas out of Iran now don't need that that this regime whimper -- is also a company that's doing it now Audi I believe I'm -- -- but.
Fiat owns miles Roddy and feel -- out.
But Lamborghini is still land so I'm wondering.
And remember in a Fiat balance Chrysler sells what I think gets a little complicated.
That's can -- use that call I think we can because I thought let's search -- Marchionne who -- fairy Smart businessman look at a guy like.
Do you and your team and say -- -- look at -- outlook I think surges don't want to help.
The American economy to -- giving credit.
But I'd like to say to him you're gonna hurt.
America you're gonna -- Western Europe aren't gonna hurt global security you don't put pressure on the Iranian regime if you're selling congress there.
You're helping the Iranian economy you're helping to keep them afloat -- -- in those leads.
Let's make that disconnect now -- -- -- -- obviously has been acquiring nuclear capability and this is a problem considering that he has said that he wants to obliterate Israel off the map and and there are a whole bunch of issues here.
So at a time though when a car company is -- to make even one sale mean miles -- are not cheap.
-- may justify this and say hey would you rather lose jobs you know you always hear that argument.
It's pathetic but you do hear -- when we talk about international security it's pathetic look Iran is again nuclear -- they are a threat to the entire world and there's times and you say this is not business as usual.
The companies that are left could actually help to put pressure on the Iranian regime based helped to bring a day when we'll get some change there the ones that are staying -- -- -- Help me rise to stick with the status quo there there are senate races in America where people are divesting themselves of companies that still have.
Business like Royal Dutch Shell for example is still doing business there a couple of other -- Rio Tinto Schlumberger.
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