AIG, Larry Summers and the Politics of Deflection By F. William Engdahl URL of this article: www.globalresearch.ca/index.php?context=va&aid=12787 Global Research, March 18, 2009 Finally the US authorities have gotten ‘tough’ with the predator financial institutions. The world has been waiting for such decisive intervention since an unending series of Government bailouts of financial institutions began early [...]
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….the globalization that characterizes today’s economics goes beyond or eludes the sovereignty of individual states, and thus the power of their rulers. It is not they, but rather financial groups in control of vast amounts of capital, who decide upon their vertiginous passage through nations, without taking into account the serious crises they might generate.
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