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: