The chief executive for the Americas sent an email to London saying the programme needed to "evaluate if its returns and strategic benefits are... still commensurate with the potential to cause veryserious or even catastrophic reputational damageto the group".
"However, perceptions are just as important, and in that regard, seriousdamage has been done to the idea of Israeli deterrence, which may be very hard to rectify, " he added.
If the U.S. stock indexes push and close below very strong technical support levels at their August lows, then that would produce serious chart damageto the stock indexes and suggest more downside pressure for them in the near term.
"It only became an offence a very short time ago as victims dared speak up about the damage it caused them and people woke up to how serious it was, " she said.