Larry Summers & Epstein: Were They Complicit?

[ihaveaquestion]

Highly credentialed experts? Or accessories after the fact? If they didn't know, they SHOULD have. What else don't they know?

[Kid Berwyn]

1. Larry Summers spearheaded the repeal of the Glass-Steagall Act.

Money, Power and Influence



Larry Summers, Epstein and the “End Game” Memo

by Greg Palas
November 24, 2025, via Thom Hartmann Show

Forgive me, but I have to send a little thank you to Jeffrey Epstein. The latest cache of the predator’s memos have finally brought down Lawrence Summers, once President of Harvard University, once US Secretary of the Treasury and the dark eminence behind banking deregulation and mass home foreclosures. And worse.

The newly released emails revealed that Epstein agreed to be Summers’ “wing man,” advising Summers on how to use coercive power to maneuver his female protégé into the sack.

SNIP…

The End Game Memo

In 2013, a little birdy dropped a highly confidential note written to Summers from his flunky, Timothy Geithner, then Assistant Secretary (International Affairs) to the World Trade Organization. Its content was so explosive, so sick and plain evil, I just could barely believe it.

The scheme revealed in the note was breathtaking: complete deregulation of the WORLDWIDE banking system.

The End Game Memo confirmed every conspiracy freak’s fantasy that top US Treasury officials secretly joined up with a cabal of banker big-shots to rip apart financial regulation across the planet.

CONTINUES…

https://www.gregpalast.com/larry-summers-epstein-and-the-end-game-memo/

Really helps explain why Summers et al would work so hard to put US taxpayers on the hook for the crooks’ advantage.

"I am deeply ashamed (that I got caught and you found out)." -- Larry Summers

BTW: Summerswasthisclose to having Bill Clinton privatize Social Security until, eh, Fate intervened.

https://wap.democraticunderground.net/?com=view_post&forum=1251&pid=1751768

[2naSalit]

2. I recall...

A couple years (I think) after shrub got into office summers was busted for removing documents from the national archive, had them stuffed down his pants.

ALL OF THESE FUCKERS NEED TO BE EXPOSED AND DEALT WITH APPROPRIATELY AND IMMEDIATELY.

[Kid Berwyn]

3. That might've been Sandy Berger...

...the former National Security Advisor during the Clinton Administration said he was prepping for testifying before the 9/11 Commission and checked them out by hiding them in his socks. Surely that must be common somewhere, but not in Detroit, where I work.

Regarding Larry Summers, Sen. Elizabeth Warren pegged the fellow...

What Larry Summers Told Me

by Elizabeth Warren
Bill Moyers.com, September 5, 2014

In early April, I got a call from the office of Larry Summers. I didn’t know Larry well, but I’d met him a few times while he was president of Harvard in the early 2000s. According to reports, Larry had been Tim Geithner’s mentor when they were both in the Treasury Department in the 1990s. Now Larry was the director of the National Economic Council, which meant that, along with Secretary Geithner, he advised President Obama on economic issues. Would I be interested in meeting him for dinner?

Snip...

It was a long dinner, with plenty of intense back-and-forth about everything from the bailout, to deregulation, to the foreclosure crisis. I also talked to Larry about an idea I’d been working on for a new consumer financial agency and he seemed interested. We didn’t agree on everything, but I give Larry full credit: I’ll take honest conversation and debate any day of the week over the duck-and-cover stuff I so often saw in Washington that spring.

Late in the evening, Larry leaned back in his chair and offered me some advice. By now, I’d lost count of Larry’s Diet Cokes, and our table was strewn with bits of food and spilled sauces. Larry’s tone was in the friendly-advice category. He teed it up this way: I had a choice. I could be an insider or I could be an outsider. Outsiders can say whatever they want. But people on the inside don’t listen to them. Insiders, however, get lots of access and a chance to push their ideas. People — powerful people — listen to what they have to say. But insiders also understand one unbreakable rule: They don’t criticize other insiders.

I had been warned.

Excerpted from A Fighting Chance by Elizabeth Warren.

https://billmoyers.com/2014/09/05/i-had-been-warned/

Seems those who board the shady yacht do whatever is required to stay aboard the shady yacht.

[2naSalit]

4. Okay...

I'll accept that correction, I'm bad with names.

Summers always struck me as a creep, though, so it kind of made sense in my brain that it would have been him.

[Kid Berwyn]

5. You are completely correct: Summers is a complete creep.

From Greg Palast:

What would Goldman think?

As noted, Goldman and clients pocketed billions as a result of Obama’s abandonment of 3.9 million families whose homes were repossessed during his first term. While American homeowners were drowning, Tsar Summers torpedoed their lifeboat: a plan to prevent foreclosures by forcing banks to write-off the overcharges in predatory sub-prime mortgages. Notably, Summers’ action (and Obama’s inaction) saved Citibank billions.

Source: https://www.gregpalast.com/larry-summers-goldman-sacked/

''Geithner foamed the runway for the banks.''

Sat Feb 21, 2015

Neil Barofsky, the former special inspector general for the Troubled Asset Relief Program, has published a new book, “Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street.” It presents a damning indictment of the Obama administration’s execution of the TARP program generally, and of HAMP in particular.
…
By delaying millions of foreclosures, HAMP gave bailed-out banks more time to absorb housing-related losses while other parts of Obama’s bailout plan repaired holes in the banks’ balance sheets. According to Barofsky, Treasury Secretary Tim Geithner even had a term for it. HAMP borrowers would “foam the runway” for the distressed banks looking for a safe landing. It is nice to know what Geithner really thinks of those Americans who were busy losing their homes in hard times.

CONTINUED w VIDEO and links and more letters...

Original article: http://washingtonexaminer.com/video-geithner-sacrificed-homeowners-to-foam-the-runway-for-the-banks/article/2502982

Original via Internet Archive: https://web.archive.org/web/20130222224715/http://washingtonexaminer.com/video-geithner-sacrificed-homeowners-to-foam-the-runway-for-the-banks/article/2502982

Similar from Wash. Examiner, behind paywall: https://www.washingtonexaminer.com/opinion/beltway-confidential/1978158/video-geithner-sacrificed-homeowners-to-foam-the-runway-for-the-banks/

[2naSalit]

6. I never trusted that...

Geithner guy either.