According to the piece:
"The cables, obtained by WikiLeaks, show that escalating Chinese pressure prompted a procession of soothing visits from the U.S.Treasury Department. In one striking instance, a top Chinese money manager directly asked U.S. Treasury Secretary Timothy Geithner for a favor.
In June, 2009, the head of China's powerful sovereign wealth fund met with Geithner and requested that he lean on regulators at the U.S. Federal Reserve to speed up the approval of its $1.2 billion investment in Morgan Stanley, according to the cables, which were provided to Reuters by a third party.
Although the cables do not mention if Geithner took any action, China's deal to buy Morgan Stanley shares was announced the very next day."Sure he didn't!
He never inhaled either.
I love government sponsored insider trading.
Forget insider trader how about treason for doing Chinese nationals bidding?
Land of rules and laws huh?
Absolutely sickening. Complete and utter sociopaths not only running loose but at the helm of decision making here.
But of course I'm off my rails. I'm too callous and judgemental when I suggest the likes of Geithner and his ilk would sell their mothers and daughters into sex slavery for money, power and influence.
The author of the Reuters piece, Emily Flitter, went on to state:
Well no shit! Really? You think all their 6 figure Ivy league MBA's helped them come to that conclusion?
Maybe the general public should get acquainted to the word Serfdom. Maybe get it added to the Constitution so that way maybe the likes of Geithner will actually read the document.