WhatFinger

Power elite in New York began to reform the financial market in May, 2007

Wake up America!


By David M. Dastych ——--October 20, 2008

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Editor's Note: Former CIA operative David Dastych reminds us that the power elite in New York began to reform the financial market in May, 2007, and did so to retain the coveted ideal of New York City as a world financial centre. "Did they provoke the financial crisis to attain their goals?" he asks. "Now it seems they need the election of Senator Barack Obama as President of the U.S. to ensure political support for their far-reaching plans. The "bailout" plan was ordered in New York city in May, 2007."

In these dark chapters we need to remember that "The abundant life of Jesus Christ is not based on Keynesian economics. It is not based on banks charging enormous interest rates on credit cards or anything else the power elite can get away with. Everywhere we look, we see the manipulation of the little people--the farmers, the shopkeepers and the working people--by the ruthless power elite."

"What Power Looks Like"

2008-04-14, Newsweek magazine article by Rothkopf Posted: 2008-05-08 [url=http://www.newsweek.com/id/130637]http://www.newsweek.com/id/130637[/url] excerpt: [In] speaking [with New York Federal Reserve Bank president [Timothy] Geithner while I was doing the research for my recently published book Superclass, he sketched in fascinating detail how the world's power elite rallies when the markets quake. Recalling an earlier crisis in global securities markets that he helped to manage, Geithner said the Fed brought together the leaders of the world's 14 major financial firms, from five countries, representing 95 percent of all the activity in global markets. The Swiss were there, the Germans were there, the British were there. Goldman Sachs chairman and CEO Lloyd Blankfein "jokingly called them 'the 14 families,' like in 'The Godfather'," says Geithner. "And we said to them, 'You guys have got to fix this problem. Tell us how you are going to fix it and we will work out some basic regime.' You ... need a critical mass of the right players. It is a much more concentrated world." Geithner's description of the financial elite in crisis mode came many months before the recent meltdown of Bear Stearns, yet foreshadowed [it] in an uncanny way. The people ... described by Geithner, plus a few thousand more like them, not only in business and finance, but also politics, the arts, the nonprofit world and other realms, are part of a new global elite that has emerged over the past several decades. I call it the "superclass." They have vastly more power than any other group on the planet. Each of the members is set apart by his ability to regularly influence the lives of millions of people in multiple countries worldwide. Each actively exercises this power, and often amplifies it through the development of relationships with other superclass members. ............................................. May 29, 2007

PANEL TO HELP NEW YORK RETAIN STATUS AS WORLD FINANCIAL CAPITAL

Governor Eliot Spitzer today signed an executive order creating a commission to identify ways for New York to retain and enhance its status as a world financial capital. "The financial world has changed and we must change with it to retain our leadership position," Governor Spitzer said. "This panel will help the state bring its regulatory structure into the 21st Century, encouraging the use of cutting edge technology and techniques to provide capital, insurance and other services to companies and individuals around the country and the globe."... The commission will make detailed recommendations for administrative and legal reform by June 30, 2008. MEMBERS OF THE NEW YORK STATE COMMISSION TO MODERNIZE THE REGULATION OF FINANCIAL SERVICES Insurance: Herbert M. Allison, Jr., Chairman, President and CEO, TIAA-CREF Christopher M. Condron, Chairman and CEO, AXA Equitable C. Robert Henrikson, Chairman of the Board, President and CEO, MetLife Martin J. Sullivan, CEO, American International Group Securities: Lloyd C. Blankfein, Chairman of the Board and CEO, The Goldman Sachs Group Stephen M. Cutler, Executive Vice President and General Counsel, JPMorgan Chase Charles Prince, Chairman and Chief Executive Officer, Citi Banking: Thomas A. Renyi, Chairman and CEO, Bank of New York Seth Waugh, CEO, Deutsche Bank Americas Robert G. Wilmers, Chairman of the Board and CEO, M&T Bank Corp…. ...Government: ...Timothy F. Geithner, President, Federal Reserve Bank of New York… [url=http://www.ny.gov/governor/press/0529072.html]http://www.ny.gov/governor/press/0529072.html[/url]
NOTICE especially Geithner, chief of NY Fed, JUST ABOVE: the #1 banker for day-to-day bank operations in the US; this guy used to head IBM and he made deals with Beijing then. Geithner naturally attended Bilderberg June 2008 near D.C. along with many central bankers of the world, but as you can see from the article above, THE financial reordering/"bailout" plan began first in NY in May 2007!!.

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David M. Dastych——

David Dastych passed away Sept.11, 2010.

See:David Dastych Dead at 69


David was a former Polish intelligence operative, who served in the 1960s-1980s and was a double agent for the CIA from 1973 until his arrest in 1987 by then-communist Poland on charges of espionage. Dastych was released from prison in 1990 after the fall of communism and in the years since has voluntarily helped Western intelligence services with tracking the nuclear proliferation black market in Eastern Europe and the Middle East. After a serious injury in 1994 confined him to a wheelchair, Dastych began a second career as an investigative journalist covering terrorism, intelligence and organized crime.

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