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Bank Indictments

Afghanistan's "Too Big to Fail" Bank Is Failing -- Guess Our System Doesn't Work There, Either

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

The collapse of Afghanistan's largest bank will seem familiar to Americans, and so will the upcoming reports of its bailout. We've heard the story before: Unheeded warnings. Lax enforcement. An American auditor who said nothing.