Palast summarizes the "end-game" as this:
The bankers' and Summers' game was to use the Financial Services Agreement, an abstruse and benign addendum to the international trade agreements policed by the World Trade Organization.As a followup to this article, British activist Pete Dolack puts these sensational revelations in their proper perspective in his article "‘End-game’ conspiracy or business as usual?" by emphasizing that what Geithner, Summers, and Rubin were doing was "business as usual" under capitalism.
Until the bankers began their play, the WTO agreements dealt simply with trade in goods–that is, my cars for your bananas. The new rules ginned-up by Summers and the banks would force all nations to accept trade in "bads" – toxic assets like financial derivatives.
Until the bankers' re-draft of the FSA, each nation controlled and chartered the banks within their own borders. The new rules of the game would force every nation to open their markets to Citibank, JP Morgan and their derivatives "products."
I’ve no argument against the accusation that Secretaries Summers and Rubin have personally enriched themselves to the tune of many millions of dollars. The facts speak for themselves. I am not suggesting that there is no personal interest at stake here; but the larger issue is that these Wall Street consiglieres are acting for ideological reasons. The logic of an entire economic structure led to deregulation and the disastrous consequences that flowed from it. The steps that culminated in the 2008 collapse that we continue to live with go back decades, before the careers of any of today’s capitalist mandarins.