Tuesday, November 27, 2012

"Governments don't rule the world. Goldman Sachs rules the world." (Alessio Rastani)

I see that the next governor of the Bank of England is a Goldman Sachs alumnus. He has informed the nation of his priorities, "It's very important for the global economy that the UK does well, that it succeeds in this rebalancing of their economy, that the reform of the British financial system is completed." What reform is that, I wonder?
So, what's good for "the global economy" will have to be good enough for the British people. Sir Mark (the knighthood follows the British citizenship) was also involved in Goldman Sachs' fixing of the Russian economy.

"Senior Goldman executives expressed regret that Russia's economic program collapsed and that the deals that bear Goldman's imprimatur did not always work as intended. But they defended the firm's role there as 'very constructive' and attributed the country's troubles to problems that had little to do with investment banking."
...
"When the Government defaulted, Goldman said its losses were 'absolutely minimal'."
(New York Times, 18 October 1998)

Sir Mark should get on well with the President of the European Central Bank, Cavaliere Mario Draghi (ex-Goldman Sachs); and the unelected Italian Prime Minister, Cavaliere Mario Monti (ex-guess who). Pity the unelected Prime Minister of Greece, Loukas Papademos (ex-guess who) resigned so quickly. Apparently Goldmann Sachs has big money riding on Greece quitting the Eurozone.

3 comments:

Fleming said...
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Fleming said...
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Flem said...
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