The Money Changers Serenade: A New Plot Hatches
Former Treasury Secretary Timothy Geithner, a protege of Treasury
Secretaries Rubin and Summers, has received his reward for continuing
the Rubin-Summers-Paulson policy of supporting the “banks too big to
fail” at the expense of the economy and American people. For his service
to the handful of gigantic banks, whose existence attests to the fact
that the Anti-Trust Act is a dead-letter law, Geithner has been
appointed president and managing director of the private equity firm,
Warburg Pincus and is on his way to his fortune.A Warburg in-law financed Woodrow Wilson’s presidential campaign. Part of the reward was Wilson’s appointment of Paul Warburg to the first Federal Reserve Board. The symbiotic relationship between presidents and bankers has continued ever since. The same small clique continues to wield financial power.
No comments:
Post a Comment