Paulson: Crazy Putin Pushed China To Dump Fannie Bonds And Crush The U.S. Financial System


Vincent Fernando
Business Insider
January 29, 2010

[efoods]Some scary details have emerged from Hank Paulson’s memoirs.

Allegedly, it appears Russia may have tried to conspire with China in a bid to collapse the U.S. financial system. They were hoping to sell Fannie and Freddie bonds during a time when the U.S. economy was on the ropes.

This happened back around the Beijing Olympics, when the U.S. was supporting Georgia against Russia in the conflict over Ossetia:

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