Karzai's brother calls for U.S. to bail out Kabul Bank

September 2, 2010 by legitgov

Karzai's brother calls for U.S. to bail out Kabul Bank 02 Sep 2010 As depositors thronged branches of Afghanistan's biggest bank, Mahmoud Karzai, the brother of the Afghan president and a major shareholder in beleaguered Kabul Bank called on Thursday for intervention by the United States to head off a financial meltdown. "America should do something," said Karzai in a telephone interview, suggesting that the U.S. Treasury Department guarantee the funds of Kabul Bank's clients, who number about a million and have more than a billion dollars on deposits with the bank. [Tell the CIA to put a share of its billions from their Afghan opium trade routes into Kabul Bank - problem solved. --LRP]