"Gary Gensler was sworn in as the Chairman of the Commodity Futures Trading Commission on May 26, 2009." So begins the CFTC's Press Release http://www.cftc.gov/aboutthecftc/commissioners/ggensler.html extolling the virtues of Barack Obama's choice as chairman of the U.S. Commodity Futures Trading Commission. "He is a summa cum laude graduate from Wharton...Bachelor of Science in Economics...Master of Business Administration...".
And yes, this is the same Gary Gensler who was "Assistant Secretary of Financial Markets" from 1997-1999, under Goldfinger's Secretary of Treasury, Robert Rubin. The same Gary Gensler who fought, as Under Secretary of Domestic Finance (1999-2001, under Goldfinger-owned Larry Summers), to exempt from regulation the credit default swaps that later brought (Goldfinger's) AIG to its knees. The same Gary Gensler who, in between, was a Senior Advisor to Paul Sarbanes, Chairman of the Senate Banking Committee, and co-author of Sarbanes-Oxley, "reforming corporate responsibility, accounting and securities laws" after Enron.
Just the kind of guy Goldfinger needs to control commodities, and over $5 trillion in trades in their "futures".
At least commodities have futures. With Goldfinger "up 125% since Obama..." replaced Goldfinger's Paulson with Goldfinger's (NYFed) Geithner at Treasury, Goldfinger's Gensler will make sure Goldfinger does; it's not so certain that we, as Americans, do.
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