Click here to access article by Karen Hudes from nsnbc.
In my hurried preparations for a long-planned outing today, I do have the time to study this thoroughly. But, I believe this report suggests some critically important political features of American capitalism that are rarely reported in mainstream media. The constant refusal by executives of the leading financial institutions to cooperate with Congressional in their attempts to obtain information about banking operations.
Later in the article I noted that the latter was explained with the author, who worked as an attorney for the World Bank, alleged that the concentrated media is owned and controlled by the same people who own and control the major banking institutions. They accomplish this by a common feature of our major economic institutions: through interlocking directorships.
Anyway, having ascertained its importance to our understanding of where real power lies in our society and the world, I leave it to you to fully examine her report.