Posts Tagged ‘Morgan Stanley’

News and views from around the web posted to the Wonderland Wire:

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Former Goldman Sachs C.E.O. and Bush Administration Treasury Secretary Henry “Hank” Paulson tried to use the Federal [sic] Reserve to hand Wall Street super-financiers to Goldman Sachs in September 2008.

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‘Wall Street banks are reaping outsized profits by trading with the Federal [sic] Reserve,’ Henny Sender reports today. The FED is one of Wall Street biggest customers for shit with no value. “You can make big money trading with the government,” said an executive at a leading investment management firm. “The government is a huge buyer and seller and Wall Street has all the pricing power.”

If you’re unsure how this works, msnbc’s Dylan Ratigan recently broke it down real well (8:39):

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Interview with a recently released Bagram detainee; U.S. military possibly broke Posse Comitatus spying on activists for two years; The sheep are begging for the Police State; 96% of risk in the hands of five banks; and more… (more…)