The tag 'Goldman Sachs' is associated with 8 posts.

FTR #741 Bail, Bail, the Gang’s All Here

For­eign Banks bor­rowed exten­sively from Fed dur­ing the melt­down; aid to Dexia and Depfa needed to avoid muni­pal fis­cal armaged­don, stem­ming par­tially from Dexia’s appar­ent crim­i­nal activity.

Does Goldman Sachs Chief Lloyd Blankfein Enjoy Connections to the Intelligence Community?

COMMENT: In recent years there has [appro­pri­ately] been much dis­cus­sion of Gold­man Sachs. CEO Llolyd Blank­fein has an inter­est­ing pro­fes­sional back­ground, which might indi­cate oper­a­tional con­nec­tions to the intel­li­gence com­mu­nity.
After a rise that could truly be called a clas­sic Amer­i­can “up-by-the-bootstraps” ascent, Blank­fein worked for years as a tax lawyer for Dono­van Leisure, the [...]

BOHICA [Bend Over, Here It Comes Again], pt. 3: Major Red Ink on European Banks’ Books

Com­ment: More sto­ries high­light just how pre­car­i­ous the eurozone’s finances are right now.  There are $2.6 tril­lion in loans to Por­tu­gal, Ire­land, Italy, Greece, and Spain (the P.I.I.G.S),  that are held by Europe’s banks. No one knows who is hold­ing how much of those loans.  As a result, ter­ror grows in the Euro­pean finan­cial com­mu­nity about the [...]

BOHICA, Pt. II: A VERY Scary Story

Com­ment: BOHICA is a mil­i­tary slang acronym for “Bend Over, Here It Comes Again!” A very dis­turb­ing story regard­ing the euro zone cri­sis was fea­tured in The Wall Street Jour­nal. It looks like the short-term lend­ing to a lot of Euro­pean banks is dry­ing up...this is the kiss of death to finan­cial insti­tu­tions in today’s [...]

California GOP Gubernatorial Candidate Meg Whitman Tied to Goldman Sachs

Com­ment: Now that the SEC has seen fit to take Gold­man Sachs to the legal wood­shed for its actions in the sub­prime mess, it is worth not­ing that big-spending GOP can­di­date for Gov­er­nor of Cal­i­for­nia Meg Whit­man is deeply tied to these SOB’s.
“Whitman’s Ties to Finan­cial Giant Gold­man Sachs” by Lance Williams and Carla Mar­in­ucci; San [...]

Update on the Meltdown: BOHICA

Com­ment: There is a mil­i­tary slang acronym “BOHICA,” which stands for “Bend Over, Here It Comes Again.”
“Econ­o­mists: Another Finan­cial Cri­sis on the Way” by Matthew Jaffe; ABC News; 3/2/2010.
Even as many Amer­i­cans still strug­gle to recover from the country’s worst eco­nomic down­turn since the Great Depres­sion, another cri­sis – one that will be even worse than [...]

FTR #670 Update on the Meltdown, Part 3: Top Banana Republic

U.S. is beset by the same struc­tural eco­nomic and polit­i­cal prob­lems as Emerg­ing Mar­ket coun­tries; Will the “Top Banana Repub­lic” pull through? Or will we bring the rest of the world down?

FTR #651 The Engineer Has Wrecked The Train

Iden­ti­fy­ing the causes of the cur­rent finan­cial dis­as­ter is as impor­tant as pur­su­ing the male­fac­tors behind the deci­sive actions.

ESSENTIAL BACKGROUND

Martin BormannMartin Borman, Nazi in Exile by Paul Manning. German corporate capital flight program in the waning years of WWII.
Available for download. Read more about the Bormann Organizaton »