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Loan Modification

: Mortgage Lender Implode-o-Meter

U.S. to Help Bail Out Afghan Bank to Avert a Crisis

By Implode-Explode Heavy Industries

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Was there ever really any doubt? Given that the Fed's already propped up the entire world banking system (publicly and not-so-publicly), what's one more little pipsqueak bank (especially in a de facto US territory)? -- ``In a bid to fend off the threat of a nationwide financial crisis, the Afghan and United States governments tentatively agreed Saturday to bail out Afghanistan?s largest bank, according to Afghan and American officials. ''

Full post as published by Mortgage Lender Implode-o-Meter on September 04, 2010 (boomark / email).

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