deviant art

Deviant Login Shop  Join deviantART for FREE Take the Tour
[x]
Shop Similar Prints
This Print Not Available
Download Image
PNG, 866×1061
more ▶

More from *poasterchild

Featured in Groups:

Details

March 25, 2012
948 KB
866×1061
Link
Thumb

Statistics

Comments: 4
Favourites: 24 [who?]

Views: 511 (0 today)
Downloads: 10 (0 today)
[x]
:iconpoasterchild:
Robert Rubin (l), Alan Greenspan (c), and Larry Summers (r) have deep and long ties to Citibank and to the highest levels of government. Rubin was chairman of Citigroup and a former Treasury secretary who pushed through many of the deregulatory schemes that made the 2008 to present Great Recession possible. Greenspan, the long-standing chairman of the Federal Reserve, created the money supply which fueled the housing bubble, this in response to the collapse of the tech bubble. Summers, also a former Treasury Secretary, pushed for the repeal of Glass Steagall, and other deregulatory measures including a hands-off policy toward the collateralized debt obligations (CDOs), which were at the heart of the 2008 financial meltdown. Summers has a long and checkered association with Citi, incluing accepting a free ride home on the Citi corporate jet from the Democratic Convention in 2008 and $99,000 for giving two speeches to Citi executives in 2008, shortly before he assumed regulatory oversight of Citi as an official in the Obama administration.
Add a Comment:
 
:iconsoyentgreen:
Refreshing to see Greenspan and recession mentioned in the same sentence.
Reply
:iconpoasterchild:
*poasterchild Mar 27, 2012  Hobbyist Artist
alan luvz dem bubblez...u gotza have bubblez from which to recess!
Reply
:icondravazed:
Tweeted this. Thanks.
Reply
:iconpoasterchild:
*poasterchild Mar 25, 2012  Hobbyist Artist
merci
Reply
Add a Comment: