From Zero Hedge:

Bloomberg's David Reilly puts to paper what everyone watching this week's Geithner grilling was all too aware of.

The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo, bottled water and peanut butter. After this week’s congressional hearing into the bailout of American International Group Inc., you have to wonder if those folks are crazy after all.

Wednesday’s hearing described a secretive group...

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More on the Fed and the banks:

It's time to fire Timothy Geithner

The real reason behind the Federal Reserve's secrecy

The great Richard Russell on the dangerous secrets of the Federal Reserve