America had come to the rescue of Korea's "troubled banks". The auction of commercial bank assets was an obvious fraud. - Michel Evgenij Chossudovsky

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America had come to the rescue of Korea's "troubled banks". The auction of commercial bank assets was an obvious fraud.

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About Michel Evgenij Chossudovsky

Michel Chossudovsky (born 1946) is a Canadian economist. He is professor of economics (emeritus) at the University of Ottawa. He is the president and director of the Centre for Research on Globalization (CRG), which runs the website globalresearch.ca, founded in 2001, which publishes falsehoods and conspiracy theories. Chossudovsky has himself promoted conspiracy theories about 9/11.

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In a cruel irony, speculators - rather then elected politicians - are the shots on crisis management. In an absurd logic, those who foster financial turbulence have been invited by the G7 Finance ministers to identify policies which attenuate financial turbulence.
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