Catherine Austin Fitts, a former Director of Dillon Read and Assistant Secretary of HUD, allows herself to speculate a bit on Goldman Sachs' Philanthropy.
What do you think? Does it make sense, for Goldman to invest say 1% of their profits (app. $4 billion plus) to finance philanthropy that promotes their image as a fine citizen and to fund campaigns and lobbying efforts designed to:
- get Goldman alums appointed to high government and central bank positions
- switch market management and regulation under the control of a private bank they and their global colleagues secretly own and control
- make sure that the flow of insider information to their operations and affiliates remains secret
- make sure they are allowed to build and control shadow markets with government resources
Would this not be the ultimate leveraged buyout? Buying a whole country with the country’s own money and putting yourself in charge?
More on Goldman's philanthropy in the NYTimes. The Chronicle on Hank Paulson's giving here.
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