Greg Palast has published a bombshell article proving what many have long suspected -- that the global financial crisis was deliberately engineered by a small cabal of bank industry bigwigs. A confidential memo -- a very, very damning memo -- was leaked to Palast. It was written in November of 1997 by Timothy Geithner.
When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn't believe it.
The Memo confirmed every conspiracy freak’s fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots to rip apart financial regulation across the planet. When you see 26.3 percent unemployment in Spain, desperation and hunger in Greece, riots in Indonesia and Detroit in bankruptcy, go back to this End Game memo, the genesis of the blood and tears.
The Treasury official playing the bankers’ secret End Game was Larry Summers. Today, Summers is Barack Obama’s leading choice for Chairman of the US Federal Reserve, the world’s central bank. If the confidential memo is authentic, then Summers shouldn’t be serving on the Fed, he should be serving hard time in some dungeon reserved for the criminally insane of the finance world.
The memo is authentic.
After confirming the authenticity of the memo, Palast explored how the end game worked: By manipulating other countries via the WTO, these powerful few - who Palast calls "The Big Bank Five" - were able to alter banking regulations around the world in order to expand their shady derivatives trading. Read the article
. It's quite condemning.