Thursday, January 20, 2011

US government led by Geithner gives big banks a free pass #p2

http://polizeros.com/2011/01/20/us-government-led-by-geithner-gives-big-banks-a-free-pass/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+PoliticsInTheZeros+%28Politics+in+the+Zeros%29

The fix is in. The Financial Stability Oversight Council led by Geithner made sure the big banks will be allowed to do whatever they want, risk and the general good be damned, even as other countries are moving to limit the size of banks. But in the US, the interlocking nexus between the big banks and the higher reaches of government insured the report would do nothing to challenge the power and size of the big banks.

rest at http://polizeros.com/2011/01/20/us-government-led-by-geithner-gives-big-banks-a-free-pass/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+PoliticsInTheZeros+%28Politics+in+the+Zeros%29

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