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...
opinion by bpulhem | 12 wks ago 33 views | 2 recommendations | 1 comment
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...
I would try and summarize this excelent writers work but I am sure I would do it no justice. This is a must read for anyone with investments!!!
http://www.rollingstone.com/politics/story/29127316/the_great_american_bubble_machine/1
And its very very scary!!!
And now the...
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,...
created by Maireid Sullivan | 16 wks ago | updated 16 wks ago 103 views | 4 recommendations | 1 comment
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...
The Milken-Madoff-Bonanno-Genevese-Gambino-Goldman Exemption Updated: We are officially a kleptocracy. The rulers have stolen the resources. When I left you last we were anxiously treading water, while the sharks...
opinion by RoryKearney | 20 wks ago | updated 20 wks ago 740 views | 8 recommendations | 3 comments
Goldman Sachs is on track to hand out its bigest bonuses ever. As the recession crushed its competition, Goldman Sachs reaped the benefits, and has been having a very profitable year so far. According to internal...
created by jordan | 20 wks ago | updated 20 wks ago 51 views | 0 recommendations | 0 comments
If experts in the oil and gas and financial services industries are on target, Americans should expect to see fuel costs rise during the remainder of 2009. In particular, they should expect to see gas prices...
By Bob McCarty at BobMcCarty.com When Rush Limbaugh mentioned Goldman Sachs’ prediction about the price of oil on his radio show today, I decided to share the statement American Petroleum Institute President Jack...
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...
opinion by trifx | 30 wks ago 91 views | 2 recommendations | 0 comments
"the finance industry has effectively captured our government" Max Keiser sums the present situation up, and offers a solution –a suggestion in one example, "RICO" – a group that crashed in 2005, on which Max...
created by Maireid Sullivan | 32 wks ago | updated 32 wks ago 311 views | 29 recommendations | 9 comments
""Taxpayers of this company are now supporting AIG, and they deserve at the very least to know how their money is being spent." Andrew Cuomo, New York Attorney General. " When word got out that AIG, the failed...
created by Pythiian1 | 34 wks ago | updated 34 wks ago 378 views | 86 recommendations | 9 comments
On Feb. 11, the House Financial Services Committee chaired by Representative Barney Frank (D-Mass.) asked eight CEOs who received the Troubled Asset Relief Program (TARP) funds in the fall of 2008, to explain how...
created by Pythiian1 | 39 wks ago | updated 37 wks ago 1363 views | 71 recommendations | 15 comments
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...
opinion by RoryKearney | 40 wks ago | updated 40 wks ago 997 views | 31 recommendations | 3 comments
"After his stint on Wall Street, Michael Lewis wrote Liar’s Poker, a famous book that gave an inside story of the high-rolling Wall Street of the 80’s, with its exorbitant salaries and careless handling of...
created by hungeski | 46 wks ago 186 views | 0 recommendations | 0 comments