Where Politics and Banking Collide with Peter Piatetsky

Sanctions started in ancient Greece and now touch every bank and fintech on the planet, but most people in finance have never really examined how they work. 

In this episode, I talked to Peter Piatetsky, former US Army intelligence analyst, former Treasury Department official, and now CEO of Castellum AI, about the history of sanctions, how they've evolved from a careful diplomatic tool into something governments reach for freely, and what that means for banks. 

We covered the Turkish pastor case that changed how policymakers think about sanctions, how Peter personally figured out how to sanction aircraft at the Treasury, the existence of the UN Credit Union (one of the highest-risk financial institutions in the world), how people actually evade sanctions, and why the explosion of fintechs may be creating more sanctions risk than the sanctions themselves.

If you work in finance, you can't afford to miss this one.