Tuesday, March 17, 2009

Geithner to KeyNote WSJ Future of Finance, PEU's Galore

The big money boys want to stay in charge of a revised global financial system. The Wall Street Journal offers the latest in hegemony, the Future of Finance Initiative. Treasury Chief Geithner will give the keynote address.

It may sound like music to David Rubenstein and company. The Carlyle Group co-founder joins his private equity underwriter (PEU) peers. He snuck in Carlyle Senior Adviser Arthur Levitt. Levitt is identified as an ex-SEC chairman on the guest roster. Funny, both Rubenstein & Levitt chair other efforts to revise the global financial system. I bet they keep PEU's out of the regulatory limelight.