The New York Times has one of the most stunning headlines of the day: Losses at Afghan Bank Could Be $900 Million. The story tells a story of Afghanistan’s own “Too Big to Fail” problem that offers opaque descriptions of precisely what caused the problem, but waits until the 17th and 18th paragraph to explain the real problem with the bank. The fact that our government is discovering, but not revealing, the degree to which we have been backing “a vertically integrated criminal enterprise” is the real story.
The $900 Million Headline Versus Our Afghan Policy Backing a Vertically Integrated Criminal Enterprise |
| By: emptywheel Monday January 31, 2011 3:30 pm |


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