So who selected Geithner back in 2003? Well, the Fed board created a select committee to pick the CEO. This committee included none other than Hank Greenberg, then the chairman of AIG; John Whitehead, a former chairman of Goldman Sachs; Walter Shipley, a former chairman of Chase Manhattan Bank, now JPMorgan Chase; and Pete Peterson, a former chairman of Lehman Bros. It was not a group of typical depositors worried about the security of their savings accounts but rather one whose interest was in preserving a capital structure and way of doing business that cried out for—but did not receive—harsh examination from the N.Y. Fed.
The New York Fed is the most powerful financial institution you've never heard of. Look who's running it.
Kevin Roberts, the Heritage Foundation president and the architect of Project 2025, the conservative thinktank’s road...
The former attorney general Bill Barr was personally involved in a decision to release an unusual...
