related:Foreign Banks To 'Fund' USA
Now that the 'deed is done' the details will need to be worked out. For that, a private meeting of the new global players i.e. the front groups for the would be global masters/owners of the world:
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US summons bankers
The Bush administration summoned executives from leading banks to a meeting in Washington Monday afternoon [10-13-08] to work out details of the $700 billion plan aimed at thawing the credit markets — the economy's lifeblood
"These are tough times for our economies yet we can be confident that we can work our way through these challenges and America will continue to work closely with the other nations to coordinate our response to this global financial crisis," President Bush said following a meeting with Italian Premier Silvio Berlusconi.
The package has quickly expanded from purchasing financial firms' bad debt to include the government taking partial ownership in banks, among other possible steps.
Over the weekend, Paulson called the heads of the five biggest U.S. banks to come to Washington for face-to-face talks about the rescue plan, according to people briefed on the matter. They were not authorized to speak publicly because of the sensitivity of the negotiations.
Goldman Sachs CEO Lloyd Blankfein, Morgan Stanley CEO John Mack, Citigroup CEO Vikram Pandit, JPMorgan Chase & Co. CEO Jamie Dimon, and Bank of America Corp. CEO Kenneth Lewis were all asked to attend. There was some speculation that Paulson might have expanded the invitation to at least three other CEOs from various regional banks, the people said.
It was expected that whatever comes out of the meeting will be used to put the finishing touches on the plan, the people said.
The administration's interim bailout package chief, Neel Kashkari, said early Monday the government is moving quickly to implement the rescue program, including consulting with private law firms on how to buy stakes in banks to boost their cash reserves.
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re: the finishing touches see Foreign Banks To 'Fund' USA
Bush: "work closely with the other nations to coordinate our response to global financial crisis"
Here's the U.S. starting lineup for the global coordination: Introducing the global giants from the west....Goldman Sachs, Morgan Stanley (now 21% Japanese owned), Citigroup, JPMorgan Chase & Co., Bank of America. All other's...sorry, not invited. Shortly to become subsidiaries though...you will hear from us. Guaranteed.
'Chief' Kashkari (cash carry? 700 billion?) will lead the "rescue program".
compare: 'Giants' Rising From Global Financial Wreckage
fyi
---------------------------
US summons bankers
The Bush administration summoned executives from leading banks to a meeting in Washington Monday afternoon [10-13-08] to work out details of the $700 billion plan aimed at thawing the credit markets — the economy's lifeblood
"These are tough times for our economies yet we can be confident that we can work our way through these challenges and America will continue to work closely with the other nations to coordinate our response to this global financial crisis," President Bush said following a meeting with Italian Premier Silvio Berlusconi.
The package has quickly expanded from purchasing financial firms' bad debt to include the government taking partial ownership in banks, among other possible steps.
Over the weekend, Paulson called the heads of the five biggest U.S. banks to come to Washington for face-to-face talks about the rescue plan, according to people briefed on the matter. They were not authorized to speak publicly because of the sensitivity of the negotiations.
Goldman Sachs CEO Lloyd Blankfein, Morgan Stanley CEO John Mack, Citigroup CEO Vikram Pandit, JPMorgan Chase & Co. CEO Jamie Dimon, and Bank of America Corp. CEO Kenneth Lewis were all asked to attend. There was some speculation that Paulson might have expanded the invitation to at least three other CEOs from various regional banks, the people said.
It was expected that whatever comes out of the meeting will be used to put the finishing touches on the plan, the people said.
The administration's interim bailout package chief, Neel Kashkari, said early Monday the government is moving quickly to implement the rescue program, including consulting with private law firms on how to buy stakes in banks to boost their cash reserves.
--------------------------------------------
re: the finishing touches see Foreign Banks To 'Fund' USA
Bush: "work closely with the other nations to coordinate our response to global financial crisis"
Here's the U.S. starting lineup for the global coordination: Introducing the global giants from the west....Goldman Sachs, Morgan Stanley (now 21% Japanese owned), Citigroup, JPMorgan Chase & Co., Bank of America. All other's...sorry, not invited. Shortly to become subsidiaries though...you will hear from us. Guaranteed.
'Chief' Kashkari (cash carry? 700 billion?) will lead the "rescue program".
compare: 'Giants' Rising From Global Financial Wreckage
fyi
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Rev. 13:17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
Rev. 13:17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
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