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" Treasury Secretary Henry Paulson persuaded the U.S. Congress that he needed $700 billion to buy subprime mortgage assets from banks.
...Paulson abandoned his promised strategy and instead...began giving away billions of dollars to Citigroup, Morgan Stanley, Goldman Sachs and others..."
-"The Big Short"
#WallStreet #Capitalism #FalseEconomy #Banks
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Wokebloke for Democracy (dougiec3@libretooth.gr)'s status on Wednesday, 14-May-2025 05:03:05 JST Wokebloke for Democracy