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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.
Describing it as ‘bankrupt,’ ‘bust’ and ‘failed,’ Erdogan has taken nearly every opportunity to traduce the hapless Bank Asya.
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