The Treasury Secretary in London
• Economic Policy JournalThe plotting continues. Geithner will also attend a meeting of the BRIC Finance Ministers. Of these meetings, Russia, China and the BRIC nations have called for a move away from the dollar as the international reserve currency. The UK is, of course, a U.S, lap dog, And Mario Daghi is head of the powerful Financial Stability Board. He was Managing Director of Goldman Sachs and Vice Chairman of Goldman Sachs International, and a member of the Goldman's "Commitments Committee." He is also a trustee of the Brookings Institute where former Treasury Secretary and former Goldman CEO Henry Paulson uses office space while he writes his memoirs. Nuff said. On the Chinese front, do you think it was just coincidence that China announced plans to buy $50 billion in IMF SDR denominated notes, and that China also just announced that it will allow derivative defaults by state owned enterprises, the same week as the G-20 meeting? This is high stakes poker. I can't believe Gei
