An astonishing new video has emerged from US credit professionals revealing that, for once, a great big conspiracy isn’t a theory.

Bill Hillestad (pictured above) is the Chief Strategy Officer of
ThnkBigWorkSmall.com – or TBWS. It’s a relatively small California corporation located at 3700 Hilborn Road in Fairfield, California, 94534. And it’s an honest shop with sharp researchers. This link is to a video they’ve compiled showing how a few senior Goldman Sachs executives buy loan business cheaply, stitch up the borrowers, and then claim federal relief on ‘losses’ that aren’t losses.

http://www.thinkbigworksmall.com/mypage/archive/1/32275

Amazingly, there are a lot of people involved in there called Paulson. The bare-faced cheek of the fiddle is breathtaking.

There is also an enormous amount of dirty work afoot in the Eurozone, involving all the usual financial suspects. A longer Slog piece is being prepared for posting – probably later this week. Stay close to that RSS feed….and make your own mind up about whether these banker oligarchies are worth diddly – let alone a year’s worth of social welfare monies to bail the greedy folks out.

Banking has always had a bad name, because it’s always been full of bad guys. Having these hobgoblins in charge of financing capitalism is something that has got to change – and change soon – or there really is going to be violence.