A Moving Experience: Banking on insanity
The saga started long before I moved from Italy to the US 14 months ago. A bond held in our Italian bank (the country’s fourth largest, so not a provincial fly-by-night) had been caught up in a political pas de deux between the US and a non-European country. The upshot: the US government froze it and it was no longer accessible, according to the Italians. Nor could I transfer it to my US bank, they added.