Bankster BFFs
by digby
Jonathan at ATR unearths a very interesting little tid-bit:
Do you noticed what Alan Greenspan left out here? It’s not just he “knows” most of the people who profited off this crisis. HE’S WORKING FOR THE RICHEST ONE. John Paulson made literally billions of dollars by betting against the housing bubble, and hired Greenspan in January, 2008 before everything completely collapsed. (And not just that: Paulson also took a fraction of his billions and endowed an Alan Greenspan Chair in Economics at NYU.)
In case you didn’t get the connection, that’s the same John Paulson involved in the SEC complaint against Goldman.
Do read the whole post for the context. It’s quite interesting. Could even be earth shattering.
Update: Here’s more on Uncle Alan and his shifting rationales from Chris Hayes.
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