US Taxpayers for Bail Out Afghan Bank – Bailout in the Works for Afghan Bank as Panic Continues

Posted on September 4, 2010


In a bid to fend off the threat of a nationwide financial crisis, the Afghan government worked to bail out the country’s largest bank on Saturday after lines of frantic depositors had mobbed the bank for a third day.

Details of the deal were still being worked out on Saturday by the Central Bank of Afghanistan with assistance from the United States Treasury Department, Afghan and American officials said. But American officials said no United States funds were involved in the bailout.

Does anyone believe for a moment that US Taxpayers won’t be hit?

Bailout in the Works for Afghan Bank as Panic Continues –