Monday, June 13, 2011

Banks Shine at Bilderberg

In a setting worthy of The Shining, Switzerland's St. Moritz hosted foreign bank representatives at the Bilderberg Group meeting.  Attending this past weekend were.

Ackermann, Josef, Chair Management Board/Executive Committee, Deutsche Bank
Agius, Marcus, Chairman, Barclays PLC
Flint, Douglas J., Group Chairman, HSBC Holdings

Over Bilderberg weekend Zero Hedge posted how the U.S. Federal Reserve Bank enriches foreign banks. Wall Street representatives also attended Bilderberg.  Those in St. Mortiz benefiting from the Fed's largess include:

Orszag, Peter R., Vice Chairman, Citigroup Global Markets, Inc.
Rockefeller, David, Former Chairman, Chase Manhattan Bank (now JPMorgan-Chase)
Sutherland, Peter D., Chairman, Goldman Sachs International
A number of Fed primary dealers were involved in offshore tax cheating.  Primary dealers are primary stealers.

Greed addicts use every method possible to feed their twisted habit. The Bilderberg confab is but one means.  Keeping democracy in check is the other.  That's a 1958 Bilderberg stated aim.