The trader who went on BBC News and admitted that banks rule the world, not governments, appears to have the media reeling, not sure whether or not to believe this brazen bit of truth-telling.
New York Magazine’s Daily Intel summarizes the confusion:
A trader by the name of Alessio Rastani told a shocked BBC News reporter yesterday, “The governments don’t rule the world, Goldman Sachs rules the world.” He warned, “The savings of millions of people are going to vanish,” and said viewers should “get prepared” because the “economic crisis is like a cancer, if you just wait and wait thinking this will go away, just like a cancer it’s going to grow and it’s going to be too late.” He added, “I have a confession: I go to bed every night and I dream of another recession, I dream of another moment like this.” Such frank (psychopathic?) language earned Rastani attention from news outlets like theHuffington Post, the Guardian, and the Daily Mail, but the chatter on Twitter is crying hoax. (Update: It appears to be legit! See below for more info.)
BBC Business Editor Robert Peston wrote this morning on Twitter, “BBC (& I) may have been hoaxed by YesMen,” referring to the culture jamming group that touts itself as, “impersonating big-time criminals in order to publicly humiliate them. Our targets are leaders and big corporations who put profits ahead of everything else.” Peston and the Internet’s doubters pointed to this Yes Men stunt, which features a fake Dow Chemical spokesman who bears some resemblance to Rastani, the trader.
Peston has since defended the BBC guest: “We spoke to the trader again this morning, & as far as we can tell he is a genuine independent trader, not a member of YesMen.”