Ordc Forum/Blog

Geithner, Bernanke and Paulsen all deny any involvement in the back door bailout of Goldman, Deutche Bank, Societe Generale and Merrill. So, who authorized this?

Commentary by David Reilly
Jan. 29 (Bloomberg) -- The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo, bottled water and peanut butter. After this week’s congressional hearing into the bailout of American International Group Inc., you have to wonder if those folks are crazy after all.

Wednesday’s hearing described a secretive group deploying billions of dollars to favored banks, operating with little oversight by the public or elected officials.

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