Forgive me, but I have to send a little thank you to Jeffrey Epstein. The latest cache of the predator’s memos have finally brought down Lawrence Summers, once President of Harvard University, once US Secretary of the Treasury and the dark eminence behind banking deregulation and mass home foreclosures. And worse.

The newly released emails revealed that Epstein agreed to be Summers’ “wing man,” advising Summers on how to use coercive power to maneuver his female protégé into the sack.
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In 2013, a little birdy dropped a highly confidential note written to Summers from his flunky, Timothy Geithner, then Ambassador to the World Trade Organization. Its content was so explosive, so sick and plain evil, I just could barely believe it.

The scheme revealed in the note was breathtaking: complete deregulation of the WORLDWIDE banking system.

The End Game Memo confirmed every conspiracy freak’s fantasy that top US Treasury officials secretly joined up with a cabal of banker big-shots to rip apart financial regulation across the planet.
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But turning American banks into derivatives casinos was not enough. The planet was ripe with juicy gobs of capital from resource revenue.

How could they pluck the planet? The answer conceived by the Big Bank Five: eliminate controls on banks in every nation on Earth in one single move. It was as brilliant as it was insanely wreckless.

How could they pull off this mad caper? The bankers and Summers would use the Financial Services Agreement (FSA), an abstruse and benign addendum to WTO trade agreements.

Until the bankers began their play, the WTO agreements dealt simply with trade in goods — that is, I sell you cars and you sell me coffee. The new rules ginned-up by Summers would force all nations to accept trade in “bads” — toxic assets like financial derivatives.

https://www.gregpalast.com/larry-summers-epstein-and-the-end-game-memo/