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(Independent)   The next Bank of England governor will be . . . a former Goldman Sachs banker   (independent.co.uk) divider line 35
    More: Fail, Bank of England, Goldman Sachs, Financial Services Authority, Jim O'Neill, banks  
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2556 clicks; posted to Main » on 01 May 2012 at 2:52 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



35 Comments   (+0 »)
   
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2012-05-01 02:53:21 PM
This will end well.
 
2012-05-01 02:54:51 PM
I don't think you thought your cunning plan all the way through...
 
2012-05-01 02:55:29 PM
Countdown to Bank of England collapse in 3...2...1
 
2012-05-01 02:56:28 PM
Dang, you would think they would look at a Waffle House cook, rather than a banker for this position.
 
2012-05-01 03:01:02 PM
GIABO

/max keiser

// lyndon larouch
 
2012-05-01 03:01:47 PM

guppyjones: Dang, you would think they would look at a Waffle House cook, rather than a banker for this position.


Wait. There are Waffle Houses in the U.K.?

*checks the Googles*

My God...that's beautiful.
 
Skr
2012-05-01 03:01:47 PM
Hahahahaha oh damn that is rich.

There long enough to drive it to the ground,

set up a
image.shutterstock.com

and bail out when it tanks (at no personal cost.)
 
2012-05-01 03:02:54 PM
It is either means seeing the BofE get a competent chief

or

the financial enslavement of the British people until a bloody revolt.

You decide.
 
2012-05-01 03:05:35 PM
What, Nick Leeson wasn't available?

/a little obscure
 
2012-05-01 03:10:02 PM

DavidVincent: It is either means seeing the BofE get a competent chief

or

the financial enslavement of the British people until a bloody revolt.

You decide.


Both?
 
2012-05-01 03:13:55 PM
I guess Satan was too busy running hell and all, but I heard they saved him a spot on the board.
 
2012-05-01 03:16:06 PM
Kiss your economy goodbye, England!
 
2012-05-01 03:17:13 PM
Isn't their economy already in the crapper?
 
2012-05-01 03:19:49 PM

DavidVincent: the financial enslavement of the British people


It's a few hundred years too late to worry about that.

Monopolistic banking = slavery.
 
2012-05-01 03:21:50 PM

DavidVincent: It is either means seeing the BofE get a competent chief

or

the financial enslavement of the British people until a bloody revolt.

You decide.


Yeah, I'm hoping for 'both' as well...
 
2012-05-01 03:31:26 PM
No sure about the FAIL tag, subby. Not everyone with GS is a complete douche. Jim O'Neil is a highly respected economist and was not part of the douchy shiat that was going down on Fifth Ave.
 
2012-05-01 03:33:26 PM

upload.wikimedia.org
 
2012-05-01 03:37:20 PM
 
2012-05-01 03:47:48 PM

guppyjones: Dang, you would think they would look at a Waffle House cook, rather than a banker for this position.


Good heavens no. I just thought maybe they'd pick someone not previously associated with a criminal enterprise large enough to nearly destroy the entire world economy.

There may be some amount of hyperbole in that statement but the point stands.
 
2012-05-01 03:53:46 PM
And Cameron is looking over his shoulder...

...at Italy, Greece, etc.
 
2012-05-01 03:55:14 PM

Current Resident: guppyjones: Dang, you would think they would look at a Waffle House cook, rather than a banker for this position.

Wait. There are Waffle Houses in the U.K.?

*checks the Googles*

My God...that's beautiful.


Your google fu is strong... wanna explain the joke to the rest of us? Even a hint?
 
2012-05-01 04:19:35 PM

JackieRabbit: No sure about the FAIL tag, subby. Not everyone with GS is a complete douche. Jim O'Neil is a highly respected economist and was not part of the douchy shiat that was going down on Fifth Ave.

www.moviespad.com


Troll!!!!
 
2012-05-01 04:29:06 PM
tariganter.files.wordpress.com

The chart may be too small to read, but it shows that all kinds of key players in Europe are former Goldman employees.

The tentacles of the vampire squid are everywhere.
 
2012-05-01 04:32:24 PM
"Crazy" is doing the same ol' chit and expecting a different outcome.

All these faith based derps running around, believing the off the wall crap of the moment and NOFARKINBODY believes(based on first person observation) that this GS Chump that is supposed to make it all better will just steal moar money..

/and you wonder why we are so farked
 
2012-05-01 04:42:51 PM

snocone: "Crazy" is doing the same ol' chit and expecting a different outcome.

All these faith based derps running around, believing the off the wall crap of the moment and NOFARKINBODY believes(based on first person observation) that this GS Chump that is supposed to make it all better will just steal moar money..

/and you wonder why we are so farked


The best part is that they've been caught red handed screwing their own "muppet" clients, and nobody cares. Goldman is too wealthy and powerful.

Lloyd Blankfein could hold a press conference where he drowns a bunch of kittens in a bucket, calls in a bomb threat to the SEC, and pisses on all the reporters, and the powerful and wealthy would still be lining up to kiss his ass and give him money. It's astonishing.
 
2012-05-01 04:45:28 PM
LIBS! LIBS! LIBS! GOLDMAN SACHS! GOLDMAN SACHS! GOLDMAN SACHS!
 
2012-05-01 05:24:10 PM
blog.affiliatetip.com
 
2012-05-01 05:25:31 PM
Nothing to see here. The Goldman Sacks banker is the straw man added to the list to make other candidates look good.
 
2012-05-01 07:51:29 PM
Quelle surprise!

I didn't see that coming...
 
2012-05-01 07:54:08 PM
"So Mr. Fox, could you please explain your plan for henhouse security."
 
2012-05-01 08:01:56 PM
Goldman Secret Greece Loan Shows Two Sinners as Client Unravels
By Nicholas Dunbar and Elisa Martinuzzi - Mar 5, 2012 7:01 PM ET
Bloomberg


"On the day the 2001 deal was struck, the government owed the bank about 600 million euros ($793 million) more than the 2.8 billion euros it borrowed, said Spyros Papanicolaou, who took over the country's debt-management agency in 2005. By then, the price of the transaction, a derivative that disguised the loan and that Goldman Sachs persuaded Greece not to test with competitors, had almost doubled to 5.1 billion euros, he said.

"Like the municipalities, Greece is just another example of a poorly governed client that got taken apart," Satyajit Das, a risk consultant and author of "Extreme Money: Masters of the Universe and the Cult of Risk," said in a phone interview. "These trades are structured not to be unwound, and Goldman is ruthless about ensuring that its interests aren't compromised -- it's part of the DNA of that organization."

A gain of 600 million euros represents about 12 percent of the $6.35 billion in revenue Goldman Sachs reported for trading and principal investments in 2001, a business segment that includes the bank's fixed-income, currencies and commodities division, which arranged the trade and posted record sales that year. The unit, then run by Lloyd C. Blankfein, 57, now the New York-based bank's chairman and chief executive officer, also went on to post record quarterly revenue the following year. "

http://www.bloomberg.com/news/2012-03-06/goldman-secret-greece-loan- sh ows-two-sinners-as-client-unravels.html
 
2012-05-01 11:36:42 PM
You mean it wasn't before?
 
nbt
2012-05-02 12:12:18 AM
They're everywhere. In Canada our chief banker is ex-GS Mark Carney
http://en.wikipedia.org/wiki/Mark_Carney
 
2012-05-02 06:24:49 AM
Grab your ankles, boys.
 
2012-05-02 12:42:01 PM
Hey, Goldman Sachs, we get it now.
We'll get that Black Man outa your White House real soon.
Could we get a little money back now?
Just to tide us over.
 
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