Washington Babylon — March 10, 2009, 8:57 pm

Citibank Does Baghdad: Iraqis beware, you might just want to put your cash under the bed

From Spencer Ackerman:

Former Defense Secretary Donald Rumsfeld once observed that if you can’t solve a problem, enlarge it. In that spirit, take a look at this press conference in Baghdad Sunday, and watch as U.S. Embassy spokesman Adam Ereli boasts about sending Citibank to Iraq:

Beyond education and culture, in the field of economy and services, it’s worth noting that representatives of U.S. banks, JP Morgan and Citibank and others came to Baghdad on January 28th, participated in an international banking conference that explored correspondent banking relations that would deepen commercial ties between Iraq and the international community, business community…

Yes, clearly Citibank is just the right institution to help the Iraqi banking sector become mature and responsible corporate citizens.

Share
Single Page

More from Ken Silverstein:

From the November 2013 issue

Dirty South

The foul legacy of Louisiana oil

Perspective October 23, 2013, 8:00 am

On Brining and Dining

How pro-oil Louisiana politicians have shaped American environmental policy

Postcard October 16, 2013, 8:00 am

The Most Cajun Place on Earth

A trip to one of the properties at issue in Louisiana’s oil-pollution lawsuits 

Get access to 164 years of
Harper’s for only $39.99

United States Canada

CATEGORIES

THE CURRENT ISSUE

July 2014

21st Century Limited

= Subscribers only.
Sign in here.
Subscribe here.

Promises, Promises

= Subscribers only.
Sign in here.
Subscribe here.

Good Pilgrims

= Subscribers only.
Sign in here.
Subscribe here.

To the Corner

= Subscribers only.
Sign in here.
Subscribe here.

view Table Content

FEATURED ON HARPERS.ORG

Post
“I’m not giving a dime to FIFA. You know they’re not paying taxes on any of this?”
Photograph © The author
Article
Borderlands·

= Subscribers only.
Sign in here.
Subscribe here.

Accompanying U.S. law-enforcement officers as they raid stash houses for Central American migrants
Photograph (detail) © Kirsten Luce
Post
Ken Silverstein’s The Secret World of Oil·

= Subscribers only.
Sign in here.
Subscribe here.

“It’s just amazing, the way that the oil industry has won specific and important exemptions from every significant piece of environmental legislation.”
Photograph © Gabriel Silverstein-Rivera
Article
Strange Loop·

= Subscribers only.
Sign in here.
Subscribe here.

“Every great writer, it seems, has a formative horror.”
Illustration (detail) by Steven Dana
Post
Christopher Beha’s Arts and Entertainments·

= Subscribers only.
Sign in here.
Subscribe here.

On the celebrity impulse and sex tapes as literary vehicle
“If all existence is physical, then a human life has not truly been lived unless it has been publicized and in this way verified.”
Photograph © Ira Lipkke

Average number of days a West German man goes without changing his underwear:

7

High cortisol levels were measured in the saliva of male narcissists.

African Union leaders voted to give themselves and their allies immunity from prosecution for war crimes, crimes against humanity, and genocide at the proposed African Court of Justice and Human Rights.

Subscribe to the Weekly Review newsletter. Don’t worry, we won’t sell your email address!

HARPER’S FINEST

In Praise of Idleness

By

I hope that after reading the following pages the leaders of the Y. M. C. A. will start a campaign to induce good young men to do nothing. If so, I shall not have lived in vain.

Subscribe Today