By Mark Ames

Is Larry Summers taking kickbacks from the banks he’s bailing out?
Last month, a little-known company where Summers served on the board of directors received a $42 million investment from a group of investors, including three banks that Summers, Obama’s effective “economy czar,” has been doling out billions in bailout money to: Goldman Sachs, Citigroup, and Morgan Stanley. The banks invested into the small startup company, Revolution Money, right at the time when Summers was administering the “stress test” to these same banks. (more…)
Posted on: May 30th, 2009
Read more: Citigroup, Goldman Sachs, Larry Summers, Obama, Revolution Money, Steve Case, William Black













