Nomi Prins, Banks are like “Government-Sponsored Mafias”
Reposted from: http://www.youtube.com/watch?v=Wvy9GehV_J0
November 30, 2011 @ 7:48 am
We also ask Nomi about recent revelations that then secretary of the treasury Hank Paulson provided inside information about the nature of the government's soon to be intervention in Fannie Mae and Freddie mac to a select group of hedge fund managers and friends. Take this with the ever unfolding scandal of Jon Corzine and the missing billions from MF Global, and you have more signs of crony capitalism, fraud, embezzlement and insider trading everywhere.