Peter Gowan: Crisis in the Heartland | Obama selects former director of OMB to head CIA

New Left Review 55, January-February 2009
PETER GOWAN
Consequences of the New Wall Street System

Against mainstream accounts, Peter Gowan argues that the origins of the global financial crisis lie in the dynamics of the New Wall Street System that has emerged since the 1980s. Contours of the Atlantic model, and implications—geopolitical, ideological, economic—of its blow-out.

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Obama has selected Leon E. Panetta, “a former Congressman who served as Office of Management and Budget director and White House chief of staff under President Bill Clinton“, to “take over the Central Intelligence Agency“.