Forecast Rough Economics Ahead

Despite the massive treasury Moves to fend off a major crisis in the World Economy much is looking certainly uncertain. While The Fed and Treasury Secretaries of Both Bush and Obama took swift steps to fend off disaster the question looms large-what of the toxic assets many...

Government Capping Compensation?

As you shelter yourself in a cool closet from the hailstorm of healthcare promotion, Congress and the President are sliding into home plate with compensation controls in the senior offices of financial firms, … for starters. The new Corporate and Financial Institution...

SATIRE: Goldman Sachs Internal Memo

This follows the news announced by the White House last Friday, that Goldman Sachs Group Inc. Vice Chairman Robert Hormats was appointed to the role of State Department's undersecretary for economic, energy and agricultural affairs. Read about it here, on NowPublic."July 16,...

Goldman Sachs: Thank You Mr. President

Dear Mr. President,

   This should prove a challenging week on the PR front for us at Goldman Sachs. There are a few situations surfacing for which appropriate clarification will provide you sufficient context in the event that the inevitable questions arise. We...

How do we know Banks are lying about its Financial Position

The Dow fell 1.71% and the S&P fell 2.01%, followed by the Nikkei down 1.1% and European bourses down by a smaller amount this morning. The leader was the financial sector, the very thing that had inspired rallyettes earlier. The WSJ names JPMorgan, among others. To be...

Wall Street Hooker Serves Time, Rich Screw Taxpayers Again

Spending millions of dollars for prostitiutes, is it any wonder the banks became insolvent and needed a bailout?The taxpayer has been screwed again, and trust me, it was not the pleasurable escapade that thousands of rich johns have been indulging in, at your expense. Men...