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Transcripts For CNBC Power Lunch 20150102

Financial institutions from doing business with them. Now, this is the second stage of the u. S. Response at least that we know about. We remember after the sony hack in advance of the release of the interview movie. The internet went dark in north korea for awhile. The u. S. Government did not deny that it was responsible. Jack lew said in a statement this is part of a range of responses the United States is making to try to show north korea that its not going to tolerate the kind of incursions into cyber space affecting u. S. Businesses and we will see what the response from the North Koreans is to this. But john heres the thing. North korea is already one of the most impoverished and isolated countries. Number one with theres not a lot of sanction. Number two, it feels like wherever there are sanctions on north korea, it only hurts the people who are already starving. It doesnt really hurt the regime. Is that right . Sure but its an unavoidable problem. Like when the internet went d

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