Meet Goldman Sachs, the Vampire Squid

We all know Goldman Sachs is the very embodiment of evil...or do we? What is Goldman Sachs? What does it do? Where did it come from and where is it going, and is there anything that can be done to stop it? Buckle in for this edition of The Corbett Report where James dares to take on the vampire squid itself.








As you almost certainly already know, Taibbi describes Goldman as "the great American bubble machine" and, more colorfully,writes: "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."





The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

BREAKING -- Goldman Sachs Warns "Financial Armageddon"

Goldman Sachs analysts have warned that the financial crisis has moved into its third phase http://www.paulbegleyprophecy.com also http://www.ibtimes.co.uk/did-goldman-...







The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

New York Fed examiner fired for Goldman Sachs findings

A former senior examiner at the Federal Reserve Bank of New York filed a wrongful-termination lawsuit against the bank. Carmen Segarra, a lawyer who spent seven months examining the Legal and Compliance Division of Goldman Sachs, found that the Wall Street bank did not have policies in place to prevent conflicts of interest as required by government regulations. When Segarra brought this information to light, she says she was pressured by New York Fed officials who oversee the Fed's relationship with Goldman Sachs to change her findings, and, when she refused, she says she was fired. RT's Ameera David has more details on Segarra's lawsuit.

Peter Schiff ~ Goldman Sachs Trying To Flush Out Gold Sellers?

Peter Schiff on CNBC Europe (10/11/2013) Listen to the Peter Schiff Show Live Weekdays 10am to noon ET

Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.

Why I Left Goldman Sachs: Greg Smith on Business Ethics & the Financial Services Company (2013)

In his March 2012 resignation letter, printed as an op-ed in The New York Times, the former head of Goldman Sachs US equity derivatives business in Europe, the Middle East and Africa (EMEA) attacked the company's CEO and president for losing the company's culture, which he described as "the secret sauce that made this place great and allowed us to earn our clients' trust for 143 years". Smith said that advising clients "to do what I believe is right for them" was becoming increasingly unpopular. Instead there was a "toxic and destructive" environment in which "the interests of the client continue to be sidelined", senior management described clients as "muppets" and colleagues callously talked about "ripping their clients off". In reply, Goldman Sachs said that "we will only be successful if our clients are successful", claiming "this fundamental truth lies at the heart of how we conduct ourselves" and that "we don't think [Smith's comments] reflect the way we run our business." Later that year, Smith published a book titled Why I left Goldman Sachs.

Goldman is being criticized for its involvement in the 2010 European sovereign debt crisis. Goldman Sachs is reported to have systematically helped the Greek government mask the true facts concerning its national debt between the years 1998 and 2009.[91] In September 2009, Goldman Sachs, among others, created a special credit default swap (CDS) index to cover the high risk of Greece's national debt.[92] The interest-rates of Greek national bonds have soared to a very high level, leading the Greek economy very close to bankruptcy in March and May 2010 and again in June 2011.[93] Lucas Papademos, Greece's former prime minister, ran the Central Bank of Greece at the time of the controversial derivates deals with Goldman Sachs that enabled Greece to hide the size of its debt.[94] Petros Christodoulou, General Manager of the Public Debt Management Agency of Greece is a former employee of Goldman Sachs.[94] Mario Monti, Italy's former prime minister and finance minister, who headed the new government that took over after Berlusconi's resignation, is an international adviser to Goldman Sachs.[94] So is Otmar Issing, former board member of the Bundesbank and the Executive Board of the European Bank.[94] Mario Draghi, the new head of the European Central Bank, is the former managing director of Goldman Sachs International.[94] António Borges, Head of the European Department of the International Monetary Fund in 2010-2011 and responsible for most of enterprise privatizations in Portugal since 2011, is the former Vice Chairman of Goldman Sachs International.[94] Carlos Moedas, a former Goldman Sachs employee, is the current Secretary of State to the Prime Minister of Portugal and Director of ESAME, the agency created to monitor and control the implementation of the structural reforms agreed by the governent of Portugal and the troika composed of the European Commission, the European Central Bank and the International Monetary Fund. Peter Sutherland, former Attorney General of Ireland is a non-executive director of Goldman Sachs International. These ties between Goldman Sachs and European leaders are an ongoing source of controversy.[94]

The Goldman Sachs Group, Inc. is an American multinational investment banking firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients.
Goldman Sachs was founded in 1869 and is headquartered at 200 West Street in the Lower Manhattan area of New York City, with additional offices in international financial centers. The firm provides mergers and acquisitions advice, underwriting services, asset management, and prime brokerage to its clients, which include corporations, governments and individuals. The firm also engages in market making and private equity deals, and is a primary dealer in the United States Treasury security market. It is recognized as one of the premier investment banks in the world,[3][4] but has sparked a great deal of controversy over its alleged improper practices, especially since the 2007--2012 global financial crisis.
Former Goldman executives who moved on to government positions include: Robert Rubin and Henry Paulson who served as United States Secretary of the Treasury under Presidents Bill Clinton and George W. Bush, respectively; Mario Draghi, President of the European Central Bank; Mark Carney, Governor of the Bank of Canada 2008--13 and Governor of the Bank of England from July 2013.

http://en.wikipedia.org/wiki/Greg_Smi...)

Goldman Sachs Creating Artificial Shortages of Metals - Rigging Markets and Profiting!

Goldman Sachs Creating Artificial Shortages of Metals - Rigging Markets and Profiting! Must Watch economy 2014, 2013, conspiracy, banks, government
The Diamond industry does the same thing.

Goldman Invests in Facebook

Jan. 3 2011 | Goldman's high net worth clients to get access to Facebook shares, with Andrew Ross Sorkin, The New York Times.

Goldman Sachs Shares Stumble as Firm Considers Selling Mortgage Servicing Division

"Shares of Goldman Sachs (GS) are down following a report that the firm is considering selling its mortgage-servicing division.

The move would come less than three years after moving into the business of collecting on home loans and foreclosing on delinquent borrowers, according to the Financial Times.

Goldman shares are down 0.35%, or $0.57, to $161.93."

Goldman Sachs Beats Estimates

FBN's Connell McShane breaks down the quarterly results for the bank.

Goldman predicts economy failing

Goldman Sachs says the US economy is going to be "fairly bad" with little growth or "very bad" going into recession. It's what a lot of people in the financial community have been saying for the last 6 months, so why are their comments making such a splash in the media, and what motives do they have in saying this now?

Lou Dobbs on Goldman Sachs

Former Television Host Lou Dobbs shares his understanding of the accusations against Goldman Sachs.

Goldman Sachs Bonuses amid record homelessness in New York

Americans are outraged as Goldman Sachs releases record fourth quarter profits and announces plans to give more than 16 billion dollars in bonuses. Joining in the bonus frenzy is New York Mayor Michael Bloomberg, who is handing out millions to his campaign aids even as homelessness in the city is at levels not seen since in the Great Depression. Will this outrage translate into action?