It’s Democracy’s Turn: Bankers of the World, Untie!
by Greg Moses / April 24th, 2009 (6)
It wasn’t the housing bubble exactly. It was more the way the bubble was blown.
In the official language of the International Monetary Fund report for April 2009, “the crisis was largely caused by weak risk management in large institutions at the core of the global financial system combined with failures in financial regulation and supervision.”
After “the crisis” was caused, the weak risk managers along with their failed regulators and supervisors came back to loot the national debt.
In essence, the mortgage of the American Worker has been preyed upon to inflate the wealth and power of financiers. …
(Full article …)http://dissidentvoice.org/2009/04/it%E2%80%99s-democracy%E2%80%99s-turn-bankers-of-the-world-untie/