Bank of Antigua, 02.18.09 Adres Leighton/AP Photo
AP reports from Antigua:
The Eastern Caribbean Central Bank said on Friday it was assuming control of the Bank of Antigua, a commercial bank in the Caribbean nation of Antigua and Barbuda controlled by Texas billionaire Allen Stanford. The central bank took the action following "an unusual and substantial withdrawal of funds," the bank said in a written statement.
You'll remember who Allen Stanford is.
categories: Caribbean Crisis
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