Relevant:
- More Trouble Foreseen for Kabul Bank
- Kabul Bank shareholders' assets frozen
- Karzai's brother calls for U.S. to shore up Kabul Bank as withdrawals accelerate
- Afghan officials resist clean-up of Kabul Bank as scandal engulfs elite
- Proof Media in Hopeless Moral Hazard When Forbes Compares BP With Goldman
2010-09-03 — wsj.com
Ok, critics of the U.S. bank bailouts, you warned about moral hazard. Well, here it is.
In Afghanistan, investors in Kabul Bank are counting on U.S. support to stem a run on the country’s largest bank.
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