Danny Schechter on Hank Paulson and the fraud of TARP
posted by MaryAnn Johanson (editor) on 23 Dec 2008 at 12:47 pm | category: Author News and Commentary
Danny Schechter, author of the Cosimo book Plunder: Investigating Our Economic Calamity and the Subprime Scandal, continues his railing against “our financial system” that “is permeated with crime” and the financial crisis that “was engineered by banksters and white-collar criminals” in his latest editorial, “TARP This: Paulson Bailout Riddled With Deception.” Subtitled “How a Program To Save The Economy Ended Up Enriching Big Banks,” it details how Treasury Secretary Henry Paulson and his Troubled Assets Relief Program is completely failing to loosen credit markets but is lining the pockets of Paulson’s cronies in the executive suites of the financial-industry companies that have received bailouts.
Read the whole editorial here.
Read the introduction to Plunder here. (Alert: PDF.)
Plunder is available at Amazon.com and from other online booksellers.
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