Libyans ‘robbed our own bank’ to fund uprising

alp227

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Tue May-24-11 08:26 PM
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Libyans ‘robbed our own bank’ to fund uprising

Source: The Washington Post

BENGHAZI, Libya — In the days after Libya’s rebels rose up against Moammar Gaddafi, they faced a vexing challenge: How do you pay for a revolution?

They figured that part of the answer could be found inside the secure vaults of the Benghazi branch of the Central Bank of Libya, where Gaddafi’s government held about $505 million.

So they broke in and took it.

“Let me put it this way: We robbed our own bank,” said Ali Tarhouni, the U.S.-educated finance minister for the rebels, who ordered the March heist.

Read more: http://www.washingtonpost.com/world/middle-east/libyans-robbed-our-own-bank-to-fund-uprising/2011/05/24/AFAPZhAH_singlePage.html

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al bupp

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Tue May-24-11 09:13 PM
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1. Sounds reasonable to me

Now if only we could do something similar here...

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cprise

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Tue May-24-11 10:59 PM
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2. Background for the banking intrigue:

Edited on Tue May-24-11 11:08 PM by cprise

Libya all about oil, or central banking?

http://atimes.com/atimes/Middle_East/MD14Ak02.html

Unlike Egypt, the Libyan revolution appears to be about making the country's banking system compatible with globalization so it can be ransacked as has happened with many other countries.

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dreamnightwind

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Wed May-25-11 02:08 AM
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4. For anyone who hasn't seen this article

it is a fascinating read.

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bhikkhu

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Tue May-24-11 11:14 PM
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3. The Libyan central bank is the Gadhafi family piggy bank

...that's be the first thing I would have done too.

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