Tuesday, January 10, 2012

Plutonomy: The Memo Citigroup Doesn’t Want You to See [14:12m video]

from It's Our Economy Now.

In case you missed that infamous internal document leaked from Citigroup by some wonderful person...
White collar criminologist William Black dissects a 2005 Citigroup memo intended for its wealthiest clients that describes the US, UK, and Canada as plutonomies — countries where rule by an ultra-rich managerial class has replaced democracy.


Also, you can access the document by clicking on my second posting here

There appears that Citigroup is making an effort to remove the document from the web. See this.