How the Bankers Stand to Profit from the Trans-Pacific Partnership - Susanne Posel | Susanne Posel

How the Bankers Stand to Profit from the Trans-Pacific Partnership - Susanne Posel | Susanne Posel:

 Concerning the future of the Trans-Pacific Partnership (TPP), the president is expected to accelerate talks and negotiations to play import/export with other nations to ensure profits for rich countries and control one-third of global trade.

Payoffs for successful positioning regarding the TPP have left some bankers just a little bit richer.

Goldman Sachs, Morgan Stanley, JPMorgan & Chase, Blackstone Group, Fannie Mae, Northern Trust and Northrop Grumman extend financial kickbacks for government service.

Stefan Selig, investment banker for Bank of America (BoA) has been paid an estimated $9 million in bonuses and $5.1 million in incentives to work on international trade with the Department of Commerce.

Citigroup will offer executive contracts for “full time high level positions with the US government or regulatory body.”