They knew what they were doing.
That's why they are being paid off with sickening bonuses.
If they don't get paid, they sing.
It started with deregulation and very, very easy credit.
The resulting debt bubble was gambled on derivatives, and oil was one of the main products that was gambled on.
The price of oil was inflated by this speculation, and the presence of US military in the Middle East as a result of 9/11 also contributed.
Someone in the know could have, and probably did, literally make a killing.
And now the threat of global recession is being used to call for a new global financial architecture which will give them more power.
"Give me control of a planet's currency and I care not who makes the laws." - ???
Blessed are the gamblers, for they shall be bailed out and empowered further by their minions who are placed into power for that very reason.
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