Dat Goldman Sachs een van de aasgieren van deze wereld is kan niemand meer ontkennen. Als er ergens iets fout gaat in de wereld dan is Goldman Sachs erbij betrokken. Het gaat goed met Goldman Sachs, en dat betekent dat het niet goed gaat met iedereen die te maken krijgt met hen. Er zijn sterke banden tussen Goldman en de Federal Reserve, en ook het Witte Huis (uit de Bush tijd).
Spiegel: "Goldman Sachs helped the Greek government to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht deficit rules. At some point the so-called cross currency swaps will mature, and swell the country's already bloated deficit.
At some point Greece will have to pay up for its swap transactions, and that will impact its deficit. The bond maturities range between 10 and 15 years. Goldman Sachs charged a hefty commission for the deal and sold the swaps on to a Greek bank in 2005."
Nu wordt Goldman Sachs naar Griekenland gestuurd om het land te redden. Het is werkelijk obsceen. Een hogere graad van cynisme is niet mogelijk. Griekenland ligt aangeschoten neer, nu verschijnt Goldman Sachs voor de kill.
FT: "A team from Goldman Sachs was in Athens on Thursday shepherding representatives of Paulson, the US hedge fund, around meetings with local bankers, economists and analysts.
The client visit, the second to Athens this month arranged by the US investment bank, highlights a deepening involvement with Greece’s socialist government as it desperately tries to shore up the public finances and avoid default – and comes after the Financial Times reported this week that the bank was mooting a controversial debt deal with China.
Goldman has not been given an official mandate by the government, but it is playing a large role in the rescue effort [sic].
Goldman’s main source of income in Greece is from the Hellenic republic’s borrowing operation, to which it has access as one of 15 Greek and foreign banks that act as market-makers.
“They’re very active in the bond swaps market, which is extremely lucrative,” said the fund manager. It also regularly advises NBG, the country’s biggest commercial lender."
Hier zie je overduidelijk hoe catastrofekapitalisme werkt. Disaster capitalism noemde Naomi Klein het.
The Shock Doctrine: "Titans like Goldman Sachs and JPMorgan Chase are making fortunes in hot areas like trading stocks and bonds, rather than in the ho-hum business of lending people money. They also are profiting by taking risks that weaker rivals are unable or unwilling to shoulder — a benefit of less competition after the failure of some investment firms last year...."
De maffia is peanuts vergeleken bij Goldman Sachs. Het is de grootste criminele organisatie ooit. Hun slachtoffers zijn niet langer individuen maar staten. Zij zijn de ingenieurs van de financiële crisis, en het gaat zeer goed met hen. Business is booming... with a bang.