Catherine Austin Fitts: “How Many People in this Administration have Major Files in the Epstein Operation”?
Catherine Austin Fitts was interviewed on the David Knight show last week. Catherine Austin Fitts is a Wharton graduate, and was the first woman to be promoted to managing director of Dillon, Read and Co, Inc., the "prototypical elitist men's club Wall Street investment bank." Fitts was instrumental in building a new market for Dillon Read. She began underwriting previously unrated municipal bonds, in essence, financing large government projects which other Wall Street firms said couldn't be done. These novel bond sales helped revive New York City's crumbling subway system, and they provided funding for the City University of New York and other major projects. The market in unrated and low-rated muni bonds took off, earning Fitts the title of "Wonder Woman of Muni Bonds," in a glowing Business Week article (February 23, 1987). Fitts worked on the campaign of George H. W. Bush during the 1988 United States presidential election, and was appointed as Assistant Secretary of Housing and Urban Development for Housing in the Bush administration, where she was charged with repairing the department's reputation in the aftermath of the savings and loan crisis. She resigned her post in 1990, following a report that her relationship with Secretary of Housing and Urban Development Jack Kemp had soured. After leaving government, Fitts founded Hamilton Securities, an employee-owned brokerage house, which she ran until 1998. In 1993, Hamilton Securities won a contract with HUD to manage its $500 billion investment portfolio. However, she did her job too well, as she learned that when you save taxpayers money, you are often lowering revenues for the D.C. crime syndicate. The Bush family, or those associated with the Bush family, allegedly destroyed her career and threatened to murder people in her family if she went public with what she knew, and she briefly touches on this in her interview with David Knight. I have annotated down about 7 minutes from her nearly 1-hour interview with David Knight, where she talks about the Epstein financial network of laundering money.
