Goldman Sachs

It seems the world’s bankers have executed a bloodless coup and now represent all of the people in the world. . . . President Obama agreed at the G20 meeting in London to create an international board with authority to intervene in U.S. corporations by dictating executive compensation and approving or disapproving business management decisions. Under the new Financial Stability Board, the United States has only one vote. In other words, the group will be largely controlled by European central bankers.

Ebola is good for someone, vaccine makers. Ebola and Isis are myths created by the US government, just like the Mexican Drug war. Goldman Sachs is bad, but not that bad. Amanda Bynes is being …

Each month James is joined by David Smith of the Geneva Business Insider to discuss the latest breaking stories in politics, finance and society. This month they tackle: Libya’s sovereign wealth fund’s billion dollar lawsuit against Goldman Sachs; the many, many fraud cases and convictions against GlaxoSmithKline; and the latest DOJ show trials against the banksters.
SHOW NOTES:

Each month James is joined by David Smith of the Geneva Business Insider to discuss the latest breaking stories in politics, finance and society. This month they tackle: Libya’s sovereign wealth fund’s billion dollar lawsuit against Goldman Sachs; the many, many fraud cases and convictions against GlaxoSmithKline; and the latest DOJ show trials against the banksters.

This is far more true today than it was in 1902Last week's most important story wasn't that mini-states Belgium, the U.K. and Denmark are joining in the bombing of airforceless ISIL-- or even the birth of Charlotte Clinton Mezvinsky. The biggest news was broken by Ira Glass on NPR's This American Life.

By Ralph Nader | August 15, 2014 “Hillary works for Goldman Sachs and likes war, otherwise I like Hillary,” a former Bill Clinton aide told me sardonically. First, he was referring to her cushy relationships with top Wall Street barons and her $200,000 speeches with the criminal enterprise known as Goldman Sachs, which played a […]

In part 1 of this series (“Globalization’s Game of Thrones”) I examined the concept of corporate and financial dynasties holding significant power in the modern world.

Russian president Vladimir Putin behaves like a groom at his wedding feast in the midst of gang warfare: he tries to attend to his bride and disregard the gunshots, with less and less success. His wedding party is the Olympic games, a sports event that occupies him immensely; meanwhile his house is under attack from all directions. In the Ukraine, a confrontation between a weak government and pro-Western radicals threatens to eliminate his previous achievements. The Ruble is under heavy pressure and losing value, despite stable oil prices.

By Noel Brinkerhoff and Danny Biederman | AllGov | November 12, 2013

One of the nation’s leading banks wants Congress to amend federal law adopted in the wake of the 2008 financial crisis so it and other Wall Street institutions can go back to gambling with risky investments and have taxpayers cover the losses again if they bet wrong.

The Bi-Polar World of Rich Bankers in the North Racking Up Record Profits
On July 16, 2013, Goldman Sachs, the fifth largest US bank by assets announced its second quarter profits doubled the previous year to $1.93 billion. J. P. Morgan, the largest bank made $6.1 billion in the second quarter up 32% over the year before and expects to make $25 billion in profits in 2013.
Wells Fargo, the fourth largest bank, reaped $5.27 billion up 20%. Citigroup’s profits topped $4.18 billion, up 42% over the previous year.