NYT: Troubles at Afghan Bank Jolt Financial System

Following in the United States’ footsteps, the Afghan government moved to bail out a failing bank fearing the entire corrupt system would fail. According to The New York Times, the bankers at Kabul Bank had unorthodox financial dealing that included lending tens of millions of dollars to themselves and government officials.

http://www.nytimes.com/2010/09/01/world/asia/01kabul.html?hp

Niamh Marnell

Niamh Marnell

Niamh Marnell earned a master's degree in social sciences from the University of Chicago where she examined organizations and power from the perspective of political science and sociology. You can follow her at http://twitter.com/NiamhMarnell.

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