Citigroup 2006: America - A Modern Day Plutonomy

By Trader Mark
07 September 2009 @ 10:15 pm EDT

Surfing around this weekend I happened upon some review's of Michael Moore's "Capitalism: A Love Story". Reading some of the UK paper's view of the movie, I saw an interesting reference to an internal 2006 Citigroup memo regarding "America, which has turned into a modern day plutonomy". With the wonders of the internets (sic) I was able to unearth at least part of the report, which frankly pretty much reinforces things that are plainly obvious.

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