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The Bank of Credit and Commerce International, which was seized last week by international regulators, was used for Central Intelligence Agency operations, according to U.S. government and bank ...
The Bank of Credit and Commerce International was an early exponent of rent-seeking from the public through financial intermediation. Was it uniquely corrupt or unjustly singled out? A date that has ...
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(Robert Giroux/AFP/Getty) On this day in 1991, regulators in seven countries, including the U.S., staged a coordinated strike to shut down the Bank of Credit and Commerce International. Then one ...