Possibly the funniest story of the day!
It would be laughable if not true :O(
Karzai's brother calls for U.S. to shore up Kabul Bank as withdrawals accelerate
DUBAI - 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.
"If the Treasury Department will guarantee that everyone will get their money, maybe that will work," said Karzai, who holds 7 percent of the bank's shares, making him the third-biggest shareholder. Karzai, who spends most of his time in Dubai - where he lives in a waterfront villa paid for by Kabul Bank - rushed to Kabul on Wednesday to join efforts to salvage the bank.
Source: NYT
Comment of the day by Abuamerican
Americans cant contain there own financial mess and he wants them to save his ass.
I just hope that the USA doesn't get puled into this..They are saying that if the bank goes under than the economy may flounder..
What a fool. Run your bank better and you wouldn't be in this position.
A puppet looking towards puppeteer for help.....any surprise?
He must be crazy.