The Obama administration's nominee to head the Commodity Futures Trading Commission is yet another Goldman alum, Gary Gensler. Gary was also undersecretary of the Treasury during the Clinton administration. There he was instrumental in creating the Enron Loophole that deregulated electronic energy trading. The very same loophole Goldman may have exploited last summer when we all paid at the pump.
Freaking Amazing..........
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Gensler is the key to Enron .... and oil at $147
ReplyDeleteHis machinations under the Clinton administration are legendary