Because we love ourselves a good conspiracy theory, we’ll pass along this little musing from Naked Capitalism:
Remember the White Paper that Obama just released? Doesn’t it give sweeping powers to the Federal Reserve? Didn’t Summers have a strong hand in crafting this white paper? And doesn’t Larry Summers know his name has been bandied about as a replacement for Bernanke? You see where this is going, right?
Whole thing here.
Diabolical scheme if it proves true but the scenario at DealBreaker is more our speed.