I’m surprised that this hasn’t happened before to Government Sachs.
The below map is out of date but it gives one a sense of the breadth of Goldman’s reach. It has expanded since this map was created. For instance Mark Carney the Governor of the Bank of England is a Goldman alum.
One of the most interesting things about Mr. Barroso taking this job is how annoyed the pro-Europe people are with him. Goldman was anti-Brexit, so Barosso coming on board to help negotiate Brexit for Goldman is sand in the wounds of Brussels and Co.
It’s been almost 8 years since the Wall Street crisis, the bailouts, the banker fear mongering, the panic, the implosion of mythic proportions.
This is supposed to be some kind of surprise? A revelation? The central banks exist and have always existed FOR Wall Street and London.
As we’ve noted before, Greece was “subprimed” into the European Union. Athens didn’t really have the economy to be included in a wider “United States of Europe.” But with a little creative financial shuffling Greece got in. Much of the creative shuffling was done by Goldman Sachs.
This article pertains to gold and platinum. Investigators are looking into other metals. I will be very interested to see what they find around silver.
Why would Goldman Sachs be for more regulation? It’s not like Goldman Sachs is full of the shrewdest crony capitalists in the world or anything. It’s not like Goldman Sachs has worked its way into every nook and cranny of government. It’s not like they have their alumni carefully placed in nearly all of the world’s central banks. It’s not like Goldman helped write the Dodd-Frank regulations. It’s not like Goldman benefits from a giant subsidy given to them by virtue of its “too big to fail”
European elections are coming.