The Squam Lake group’s funding source was never publicly disclosed.

Evidence

82 The Squam Lake papers are archived on the Greenberg website, www.cfr.org/thinktank/cgs/index.html. Of course, where the money for the exercise really came from remains unreported. However, the financial backgrounds of the individual Squam Lake members is covered in Epstein and Carrick-Hagenbarth, “Financial Economists, Financial Interests and the Dark Corners of the Meltdown,” and below. The Council on Foreign Relations is chaired by Robert Rubin, which further cements the behind-the-scenes Wall Street influence, not to mention the Rubin effect on the Democratic Party administrations (Suskind, Confidence Men). — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 2095

Categorization

• XREF: Connects to the reader’s interest in the post-2008 thought collective — Squam Lake as a concrete node in Mirowski’s argument about how elite economists coordinated a defensive narrative.