Military News Highlights: February 2, 2011

Losses at Afghan Bank Could Be $900 Million

“Fraud and mismanagement at Afghanistan’s largest bank have resulted in potential losses of as much as $900 million — three times previous estimates — heightening concerns that the bank could collapse and trigger a broad financial panic in Afghanistan, according to American, European and Afghan officials.”

The missing $900 million and the zero-balance payroll for Afghan security forces, just might be the “Tunisian” type spark to engulf Karzai and Kabul.

And ...

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