Meltdown Part 2: "A Global Financial Tsunami"

Started by CrackSmokeRepublican, October 01, 2011, 09:51:25 PM

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CrackSmokeRepublican

<$>  -- J's and their Talmudism are bringing it.... more J-Tribe "S" hitting the fan over the next few weeks... due to J-Tribe "Ripoffs" of the Goyim... --CSR

In the second episode of Meltdown, we look at how the financial tsunami swept the world. We hear about a renegade executive who nearly destroyed the global financial system and the US treasury secretary who bailed out his friends

Henry 'Hank' Paulson, the former CEO of Goldman Sachs and later an economic advisor to the US government; refused to bail out global financial services firm - the Lehman Brothers. Paulson said it was not the role of government to save private businesses.

Lehman's failure had repercussions around the world. Millions of people lost their life savings. Pension plans were decimated.

Christine Lagarde, the French finance minister at the time and a close friend of Paulson's, publicly described Paulson's decision on Lehman "horrendous".

Markets from London and Paris to Shanghai fell. An epidemic of fear caused the world's major banks to stop lending, ending the year in protests and industrial action.

Click here to watch the first part of this series, The men (Hedge Fund Jew Short Sellers) who crashed the world.

http://english.aljazeera.net/programmes ... 57406.html

http://www.zerohedge.com/news/meltdown- ... al-tsunami
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan