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| Gülen vs Erdogan |
Just six years after the most devastating banking crisis since the Great Depression, a calamity that forced governments to spend trillions to rescue financial systems and save ‘too-big-to-fail’ banks, it’s surely inconceivable that a national leader should openly badmouth one of his country’s leading banks to bankruptcy.
Not in Recep Tayyip Erdogan’s Turkey.
For the last year, Erdogan and his long-ruling Justice and Development Party government have been conducting a bitter vendetta against Bank Asya, Turkey’s 12th biggest bank and its biggest Islamic ‘participation’ bank.
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