Vampire Squid Goldman Sachs to Jam Its Blood Funnel Into Canada: Launches 'New Stock Market'
Goldman Sachs to Launch New Canadian Stock Market
http://www.thestar.com/business/markets/article/1041372--goldman-sachs-t...
"Another new stock market is planned to debut in Canada, this time in the hands of New York investment bank Goldman Sachs. The Wall Street firm said Thursday that it will bring its stock market system, SIGMAX to Canada at an unspecified date.
The SIGMA system is what's known as a 'dark pool' market - one that would allow investors (mostly large institutions) to anonymously buy and sell stocks on the Toronto Stock Exchange.."
'The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money..'
Matt Taibbi's New Takedown of Goldman Sachs is Out
http://www.businessinsider.com/matt-taibbi-has-new-rolling-stone-article...
"They weren't murderers or anything; they had merely stolen more money than most people can rationally conceive of, from their own customers, in a few blinks of an eye. But then they went one step further.."
That's, you know, bad news.
http://www.rollingstone.com/politics/news/the-people-vs-goldman-sachs-20...
That's a longish article from Rolling Stone, back in May of this year. The author points out that the kinds of things Goldman Sachs did might in fact be illegal. But it would take more than a decade for any charges to run through the courts, with an uncertain outcome.
But what they do have Goldman Sachs executives cold on is lying to Congress.
So far, no charges.
Of course not. Looks like the Goldman Sachs vampire squid just found some prime Canadian face to feed on...so much for the 'sound fundamentals' of the Canadian economy.
"Never give a sucker an even break or smarten up a chump" - WC Fields
The other thing I don't get is you'd think, given what Goldman Sachs did to thier fellow bankers as the Rolling Stone article pointed out, that their brand would be poison. Who, in their right minds, would trust these guys?
Best thread title ever.
Thanks Michelle - and Matt Taibbi for his quite accurate description of the predatory habits of Goldman Sachs
Surely the fact that Mark Carney spent 13 years with Goldman Sachs had nothing to do with greasing the skids of this deal.
It's disgusting how these parasites bounce around so seamlessly from "public servant" to corporate stooge...or vise versa....or both at the same time.
Best thread title ever.
No it's not. It's an insult to vampyroteuthis everywhere, being compared to Goldman Sachs.
Squid of Disapproval:
Full Blown Civil War Erupts on Wall Street - by David DeGraw
http://ampedstatus.org/full-blown-civil-war-erupts-on-wall-street-as-rea...
"Finally, after trillions in fraudulent activity, trillions on bailouts, trillions in printed money, billions in political bribing and billions in bonuses, the criminal cartel members on Wall Street are beginning to get what they deserve. As the Eurozone is coming apart at the seams and as the US economy grinds to a halt, the financial elite are starting to turn on each other. The lawsuits are piling up fast. Here's an extensive roundup..."
Killer Squid War!
Full Blown Civil War Erupts on Wall Street - by David DeGraw
http://ampedstatus.org/full-blown-civil-war-erupts-on-wall-street-as-rea...
"Finally, after trillions in fraudulent activity, trillions on bailouts, trillions in printed money, billions in political bribing and billions in bonuses, the criminal cartel members on Wall Street are beginning to get what they deserve. As the Eurozone is coming apart at the seams and as the US economy grinds to a halt, the financial elite are starting to turn on each other. The lawsuits are piling up fast. Here's an extensive roundup..."
Killer Squid War!
Goldman Sachs Set to Plan Sell-Off of Ontario Assets
http://www.publicvalues.ca/ViewArticle.cfm?Ref=00656
"The culture of the company is reflected in their record,' says Peter Tabuns. 'Why would McGuinty hire such a company and why won't he sever his relationship with them?"
Bankers Have Seized Europe: Goldman Sachs Has Taken Over - by Paul Craig Roberts
http://occupywallst.org/forum/bankers-have-seized-europe-goldman-sachs-h...
"Who will rule the New Europe? Obviously, the private European banks and Goldman Sachs..."
Goldman Sachs Exec To Advise Central Bank (April 2010)
http://www.businessweek.com/ap/financialnews/D9GLB2AO3.htm
"The Chief Executive of Goldman Sachs Canada has been named a special adviser to the head of Canada's central bank. The Bank of Canada said Tuesday that Timothy Hodgson will advise central bank head Mark Carney, a former Goldman Sachs executive, on financial reform. Carney says Hodgson is one of Canada's top investment bankers..."
Re: GS - the 1% taking care of their class war. Does this look like democracy to you? I get it. Do you?
US Protesters March on Goldman Sachs (and vid)
http://www.presstv.ir/detail/215394.html
"Hundreds of Occupy Wall Street (OWS) protesters have staged a demonstration at the New York headquarters of major financial corporation Goldman Sachs, Press TV reports
The 'Squidding' of Goldman Sachs - by Matt Taibbi (and vid)
http://readersupportednews.org/opinion2/441-occupy/8893-the-squidding-of...
"Earlier Monday, about 300 protesters in squid costumes surged outside the offices of Goldman Sachs investment bank shouting 'We fry Calamari!' and 'Everyone pays their tax except Goldman Sachs'..."
Everything You Need to Know About Wall Street
http://www.rollingstone.com/politics/blogs/taibblog/everything-you-need-...
"If there was ever a news story that crystalized the moral dementia of modern Wall Street in one little vignette, this is it..."
Getting Swindled in Canada
http://www.torontosun.com/2012/02/10/getting-swindled-in-canada
"Regulators propose the same kind of settlements that let Wall Street off the hook in 2008. Bizarrely, the Ontario Securities Commission, Canada's securities regulator by default since we don't even have a national one, is urging the adoption of so-called 'no contest' settlements here for major financial fraudsters...
Why would we copy them in Ontario where the idea is opposed by organizations representing ordinary investors, since it makes holding corporate fraudsters to account even harder than it is now.?
The Rosens warn auditing and accounting standards are getting worse not better.."
Carney, Flaherty Step Up Fight Against US Volcker Rule
http://www.theglobeandmail.com/globe-investor/carney-flaherty-step-up-fi...
"Canada is escalating the campaign to protect its banking system - and Canadian investors - from the impact of sweeping Volcker rule reforms taking shape in Washington. Finance Minister Jim Flaherty and Bank of Canada Governor Mark Carney [formerly Goldman Sachs] have both written to their American counterparts to express serious concern about the potential impact on Canadian banks..
Last month the head of Canada's five largest banks also sent a letter to US regulators last month warning the proposed Volcker rule may violate free trade arrangements between the two countries. In his letter to Fed Chairman Bernanke, Mr Carney, who is also chairman of the Financial Stability Board - said the Volcker rule could have 'important adverse consquences' for Canada.
Moreover, Mr Carney argued the rule could hurt efforts 'to safeguard the global financial system.'"
Dangerous Liasons: Flaherty Carney in Synch with Bank Lobbyists - by Murray Dobbin
http://thetyee.ca/Opinion/2012/02/27/Canadian-Volcker-Rule-Opposition/
"You can say one thing for the powers that be in the banking industry. They've got a lot of nerve. This past week our own Finance Minister Jim Flaherty, along with Mark Carney, the governor of the Bank of Canada, came out strongly in opposition to a modest proposal to regulate the US banking system.."
OF COURSE they're 'in synch'. Goldman Sachs runs The Bank of Canada through its 'ex' executive director, Mark Carney..
http://en.wikipedia.org/wiki/Mark_Carney
The other thing I don't get is you'd think, given what Goldman Sachs did to thier fellow bankers as the Rolling Stone article pointed out, that their brand would be poison. Who, in their right minds, would trust these guys?
Good question not sure I have the answer but it doesn't surprise me. I bet because of lack of oversight. And Goldman is a brand. And no need for due diligence if you have a brand. I'm sure they have a very complex rationale for their decision, however...
Look what our own Goldman Sachs' Bank of Canada guy almost scored. And look what he did for GS on the Russian file...the bad news is he didn't get the London gig. Just watch this guy F**K us up. Or do you really believe all that sh*t about the 'sound fundamentals' of our banking system? Canucklheads are too much...
On the Goldman Path to Complete World Domination: Mark Carney On His Way To Head the Bank of England?
http://www.zerohedge.com/news/goldman-path-complete-world-domination-mar...
"Far more importantly, Carney was a 13 year veteran of Goldman Sachs, most recently and very appropriately co-head of sovereign risk, which is ironic considering that Goldman had a grand rehearsal for the Greek currency swaps fiasco precisely with Carney at the helm in 1998, when Goldman got into hot water for the first time because while the company was advising Russia it was simultaneously betting against the country's ability to repay its debt.
Sounds like yet another man doing the will of god: it is only fair he be promoted to run world banking capital..."