In today’s Washington Post, Peter Baker writes about President Bush’s outrage over The New York Times publishing the story on the Swift banking records, and then Baker misrepresents the pervasive reach of the Swift consortium. 
As I posted yesterday, the real story is that the Swift banking consortium controls all the international wire transfers between banks […]

In 1973 the worlds largest banks formed a consortium called The Society for Worldwide Interbank Financial Telecommunication (Swift). This is the same year the world’s richest banker, David Rockefeller, formed another society -The Trilateral Commission.

David Rockefeller was chairman and chief executive of Chase Manhattan Bank from 1969 to 1981. He continued in the role of […]