Greg Palast

The sins of Summers go way beyond Epstein, his victims number in the millions


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Trying to force a protégé to sleep with him is the least of Larry Summers sins. I’ve been hunting this toxic asset for three decades, and his victims number in the millions. No kidding.

The current charge that finally brought Summers down was the revelation that he was asking Jeffrey Epstein for advice on how to seduce a young mentee, using his position as one of the world’s most powerful economists to get her pants off. Yuck.

But I’m not writing to tell you about Larry the Lecher. Rather, I want to let you in on the secret known by a couple Nobel Prize winning acquaintances of mine who would agree that Larry Summers may just be the most dangerous, destructive economist on Earth. (And that’s saying a lot because I was a protégé of another killer economist: Milton Friedman, the mouthpiece for the phony “free market” horrors that have bedeviled the planet for decades.)

What set me on Summers was a whole stack of confidential documents I obtained via the brilliant investigator Mary Bottari of the Center for Media and Democracy. She’d gotten her hands on hundreds of secret documents of the World Bank where Summers had been Chief Economist.

But the killer doc was a highly confidential note written in 1997 from Summer’s flunky, Timothy Geithner, who was then Ambassador to the World Trade Organization when Summers was Deputy Secretary of the Treasury under Bill Clinton.

Clinton would soon give Summers the top job as Treasury Secretary when Robert Rubin went off to Chair Citibank (for a $126 million paycheck), a financial monolith created by banking “deregulation” as promoted by Rubin, Geithner and Summers.

The Summers plan for de-regulation allowed banks to gamble our savings accounts in the new derivatives markets. It didn’t take long for the crash. In 2008, Summers’ suckers — that’s you and me, the public — ponied up some $4 TRILLION dollars to bail out Citibank, Goldman Sachs (once chaired by Rubin). America went bust while Summers, Rubin and Geithner cashed in big time.

Get the full story, read: Larry Summers, Epstein and the “End Game” Memo

https://gregpalastinvestigates.substack.com/p/larry-summers-epstein-and-the-end 

 
For more from Palast, subscribe to his Substack
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