Tag Archives: goldman-sachs

A Secretive Banking Elite Rules Trading in Derivatives

On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan. The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential. Drawn from giants like JPMorgan Chase, Goldman Sachs and Morgan Stanley, the bankers form a powerful committee that helps oversee trading in derivatives, instruments which, like insurance, are used to hedge risk. In theory, this group exists to safeguard the integrity of the multitrillion-dollar market. In practice, it also defends the dominance of the big banks. The banks in this group, which is affiliated with a new derivatives clearinghouse, have fought to block other banks from entering the market, and they are also trying to thwart efforts to make full information on prices and fees freely available. more at link…. They rule more than derivatives, but if speak out about it, you're called “crazy” by the media propagandists they control. The Creature from Jeckyll Island rules your life! added by: rodstradamus

Ines Sainz, Azteca Reporter Harassed By Jets Players

Mexico’s TV Azteca reporter Ines Sainz was allegedly harassed by several New York Jets players and even one of the coaches, Rex Ryan, during the team’s practice on Saturday (September 11) MORE http://bumpshack.com/2010/09/12/ines-sainz-azteca-reporter-harassed-by-jets-play… added by: c7girl

News Corp Publishes Al-Qaeda/Osama Bin Laden Achievement Map Of Ground Zero

News Corp. physically expands its definition of “ground zero” to include a quarter of lower Manhattan ——Video Thanks, News Corp., for not allowing good taste to stand in the way of your obsessive crusade against the construction of an Islamic community center in lower Manhattan near the site of the World Trade Center. Today's Post features a beautiful two-page spread arguing that Ground Zero includes basically everything south of Canal and east of Broadway. They illustrate the argument with a grotesque map of the locations of every place in the area where firefighters found human remains following the attack of 9/11. I am positive that Post editors were distraught to learn that no human remains were ever recovered at the Burlington Coat Factory building that may someday become the dreaded ground zero mosque (which is still not a mosque and still not at ground zero). But Post editors do helpfully note that remains were found a mere 348 feet away from the building in question, on top of the post office around the corner. (What if someone mails Qurans to the Ground Zero Mosque and they pick them up at that Ground Zero Post Office? Why won't they be more sensitive???) The “news story” is accompanied by a fact-free essay by fabulist Amir Taheri, who actually claims (using his patented twisted, made-up history) that the Cordoba House will be a place for “raiders” to “train and prepare” for future 9/11s. The Post says they “obtained” the map from the New York's fire department, although what they actually mean is that they clearly created the map, for the purposes of continuing their successful campaign against this Manhattan real estate project, based on data obtained from the FDNY. And Fox & Friends picked it up this morning, crediting the Post while conveniently using a different, TV-ready map: Our Fox and Friends hosts, too, were clearly wishing the map showed remains recovered from the Burlington Coat Factory site. They quoted Faisal Abdul Rauf thusly: “Look, the Imam said, this site is not Ground Zero proper, nobody's bodies were found a– near that location.” The actual quote is: “This is not Ground Zero proper. No one's body is in that location.” Which remains true! Fox Nation was ready with a story about the map, including links to two different versions and the Post's map. As the Awl's Choire Sicha neatly illustrates, once you attempt to expand the definition of “ground zero” to include everything in the area, you're calling bars and Goldman Sachs and, yes, the strip club sacred ground. So! No Muslims building anything within thousands of feet of “ground zero,” which now means everywhere, as proven by this important death porn map. Never forget! 9/11 is everwhere, and always! added by: toyotabedzrock

A G.O.P. Leader Tightly Bound to Lobbyists – NYTimes.com

http://graphics8.nytimes.com/images/2010/09/12/us/politics/Boehner/Boehner-artic… House Democrats were preparing late last year for the first floor vote on the financial regulatory overhaul when Representative John A. Boehner of Ohio and other Republican leaders summoned more than 100 industry lobbyists and conservative political activists to Capitol Hill for a private strategy session. The bill’s passage in the House already seemed inevitable. But Mr. Boehner and his deputies told the Wall Street lobbyists and trade association leaders that by teaming up, they could still perhaps block its final passage or at least water it down. “We need you to get out there and speak up against this,” Mr. Boehner said that December afternoon, according to three people familiar with his remarks, while also warning against cutting side deals with Democrats. That sort of alliance — they won a few skirmishes, though they lost the war on the regulatory bill — is business as usual for Mr. Boehner, the House minority leader and would-be speaker if Republicans win the House in November. He maintains especially tight ties with a circle of lobbyists and former aides representing some of the nation’s biggest businesses, including Goldman Sachs, Google, Citigroup, R. J. Reynolds, MillerCoors and UPS. added by: toyotabedzrock

The Truth about the Gulf Oil Spill, and FACTS to back it up

What is really going on in the Gulf of Mexico? I will give you the facts and let you “connect the dots.” Keep in mind the well-documented history of “false flag” events which are indicative of the “Hegelian Dialectic” (i.e., problem, reaction, solution). Click HERE for an overview of this technique as well as over 70 historical examples. Before the Explosion We now know (through witness testimony from Tyrone Benton) that there were cracks reported in the drill casing two weeks prior to the disaster and that it was leaking, but BP did nothing about it. (LINK) Hours before the explosion, Deepwater Horizon installation manager Jimmy Harrell was witnessed by other rig workers screaming “Are you ****ing happy? Are you ****ing happy? The rig’s on fire! I told you this was going to happen!” (LINK) Goldman Sachs sold 44% of their total holdings, 4,680,822 shares of BP stock in the first quarter of 2010. The investment firm earned about USD $266 million on the sale. (LINK) Contrary to popular opinion, the Deepwater Horizon (Mississippi Canyon 252) oil rig that exploded is not the property of BP, but rather is the property of Transocean. (LINK) Both companies are financially directed by Goldman Sachs, JPMorgan Chase, and UBS investment bankers, all operating in the Rothschild League of banks. (LINK) BP CEO Tony Hayward sold

Who Do You Hate More: BP or Goldman Sachs? [Polls]

This oil spill thing has people heated! And BP CEO Tony Hayward … what a dickhead. Oh, but remember Goldman Sachs ? That filthy rich, monolithic investment banking monster that basically destroyed the global economy? Yeah. Who do you hate more? More

Bill Clinton: Goldman Sachs Did Nothing Illegal

Former President Bill Clinton says it is “time to lower the rhetoric and talk about the facts,” in reference to the government's scrutiny of Wall Street. In an exclusive interview with Maria Bartiromo, Clinton noted that while many financial firms are being questioned by the Securities and Exchange Commission, he does not believe that Goldman Sachs or CEO Lloyd Blankfein did anything illegal, based on what he's seeing. The SEC has been probing the mortgage operations of major banks, but so far has only charged Goldman with civil fraud. The firm has said it will fight the charges and has vigorously denied any wrongdoing. Clinton says “what we ought to do is have an honest conversation about what really happened, how to fix it, and how to get what's best about vital capital markets.” more at link… An “honest conversation about what really happened” just came out of the mouth of Bill Clinton, a guy who made his career by being the best liar in the business. I guess Ponzi schemes and financial terrorism is standard practice. How about raping and pillaging? Obviously treason is legal; how else are all the same cast of Benedict Arnolds still walking around, making billions by stealing our money. It was under Bill Clinton in 1999 when his cronies, Larry Summers, Alan Greenspan, Robert Rubin repealed the Glass-Steagall Act, which is the most important Post-Depression safeguard and protector of the citizen's cash. From that point forward, the floodgates were opened for the banking oligarchs to further bankrupt this nation. Who's running the Obama white house from behind the scenes? Rahm Emanuel and Larry Summers with his puppet, little Timmy Geithner. Even Elena Kagan, Supreme Court nominee, worked for Goldman Sachs as a top adviser, where she gave “expert advice to clients.” Also, she was at Harvard with Larry Summers. Are you kidding me? End the Fed…its a private, banking cartel that is purposefully tanking our currency b/c its leaders want a New World Order and a corporate-fascist dictatorship across the globe. Bill Clinton and everyone else in Washington works for Goldman Sachs b/c they have a monopoly on the issuance of currency via the mafioso institution known as the Federal Reserve. added by: rodstradamus

How to Survive Your Next Senate Hearing [How To]

Today was Goldman Sachs ‘ big day in front of the Senate Subcommittee on Investigations—The C.S.I. of Senate subcommittees. From Goldman CEO Lloyd Blankfein , we’ve compiled an illustrated guide on how to comport yourself at your next Senate hearing. More

How to Survive Your Next Senate Testimony [Field Guide]

Today was Goldman Sach’s big day in front of the Senate Subcommittee on Investigations—The C.S.I. of Senate subcommittees. From Goldman CEO Lloyd Blankfein , we’ve complied an illustrated guide on how to comport yourself at your next Senate testimony. More

Goldman Sachs on the Hot Seat [Banksters]

By now you’ve heard the news that investment bank Goldman Sachs is in some hot water with the government. Today, executives from the firm will testify on Capitol Hill. Will there be drama? Here is a quick guide. More