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Well, well, Bloomberg confirms there really is a secret banking cabal in the shadows
#5
Zero Hedge's take on the story was a tad harder hitting:

http://www.deeppoliticsforum.com/forums/...tcount=489

It ended as follows:

Quote:The fact that the Fed was willing to risk taxpayer capital with such reckless abandon, first in the form of accepting literally worthless reference securities from Soc Gen (as documented by BlackRock), and subsequently by bailing out Goldman at well over par (remember the money the firm made on its actual AIG counterparty-risk) protection, would have been sufficient to terminate Geithner's career in any self-respecting banana republic. Too bad America is no longer even that.

Still, I entirely agree that it's amusing to see that the beating heart of MSM financial journalism has to admit that "conspiracy theorists" may have a point...

:elefant:
"It means this War was never political at all, the politics was all theatre, all just to keep the people distracted...."
"Proverbs for Paranoids 4: You hide, They seek."
"They are in Love. Fuck the War."

Gravity's Rainbow, Thomas Pynchon

"Ccollanan Pachacamac ricuy auccacunac yahuarniy hichascancuta."
The last words of the last Inka, Tupac Amaru, led to the gallows by men of god & dogs of war
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Well, well, Bloomberg confirms there really is a secret banking cabal in the shadows - by Jan Klimkowski - 29-01-2010, 07:30 PM

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