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Sun May 20, 2012, 10:41 PM

Far as I can tell, he's still in charge at IIF

and capable of much future nastiness.

Seems like he has had a good circular scam going on for quite awhile:
Make risky investments - the riskier the better; buddy with Merkel to get the German citizenry to pay bailout money to Greece, little of which goes to Greeks, but instead funnels back to Deutsche Bank (and other banks) to pad his profit; all the while arguing for austerity and against "haircuts" which is the euphemism for incurring any loss (even a pfennig's worth) for taking all that risk in the 1st place.

He, as well as many of his colleagues, shouldn't be benefiting, they should be indicted.

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