LAURA KNIGHT-JADCZYK AND JOE QUINN
Since the 9/11 attacks, no book has provided a satisfactory answer as to WHY the attacks occurred and who was ultimately responsible for carrying them out - until now.
"The bailout seems to be coming from the EFSF [...]. Italy, a country with its own serious sovereign debt problems, guarantees 18% of the facility."If you have watched the comprehensive documentary on the global financial crisis of 2008 "Inside Job", Narrated by Matt Damon, there is a very similar financially corrupt illusion of stability presented: Goldman Sachs (and probably JP Morgan) bought Credit Default Swaps (insurance) from AIG to cover their potential losses on the collapsing housing market they were heavily exposed to. However, AIG simply did not have enough collateral to cover the 'insurance' when it was called in for the amount Goldman Sachs had bought.