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Stinger2 Donating Member (352 posts) Send PM | Profile | Ignore Wed Jun-03-09 11:54 AM
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The Foxes own the Hen House,
Wall St. Firm Draws Scrutiny as U.S. Adviser & The Two Trillion Dollar Meltdown: BlackRock, Summers & Fink

Wall St. Firm Draws Scrutiny as U.S. Adviser

Without naming BlackRock, federal auditors have warned that any private parties that purchase distressed assets on the government’s behalf could use generous federal subsidies to overpay, artificially pushing up the price of similar assets that they manage for their own portfolios.

http://www.nytimes.com/2009/05/19/business/19blackrock.html

The Two Trillion Dollar Meltdown: Easy Money, High Rollers, and ... -
... problems were solved by the collateralized mortgage obligation (CMO), invented in 1983 by Larry Fink and a First Boston team on behalf of Freddie Mac. ...

http://books.google.com/books?id=LUcQO0nyQfsC&pg=PA39&lpg=PA39&dq=Fink+created+collateralized+mortgage+obligation+Boston+sold+freddie&source=bl&ots=wuL92bIzYb&sig=T7hUOoZYaowSBUhmEBUg5OEuf_o&hl=en&ei=2qMmSqv3HY2uMpSW1IMF&sa=X&oi=book_result&ct=result&resnum=8#PPR10,M1

Summers gave several million in no bid contracts to Fink at Blackrock to manage the Freddie Mac and Fannie Mae melt down, The Foxes own the Hen House.

Once you decide they are all crooks it is a whole lot easier figuring out who did what, when.
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