Tuesday, Jan 22, 2008
Goldman's guy will help the Canadians..?
Bloomberg: Bank of Canada Lowers IR, Signals Further Cuts
The Bank of Canada lowered its main interest rate a quarter point, the second reduction in as many months, and signaled it will act again to shield the economy from the threat of a recession in the U.S. The decision is the last for Bank of Canada Governor David Dodge, 64, who is retiring at the end of the month. Mark Carney, a 42-year-old former Goldman Sachs Group Inc. investment banker, takes over on Feb. 1.
Posted by alan @ 07:15 PM (308 views) Add Comment
3 Comments
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1. lvmreader said...
Wow, does Goldman Sachs run the world?
http://www.huffingtonpost.com/2007/12/03/does-goldman-sachs-rule-t_n_75118.html
2. dohousescrashinthewoods said...
That would be Goldman-crooked-as-sin-and-in-bed-with-the-government-Sachs?
3. lvmreader said...
@doHousesCrashIntheWoods,
Well, they are all at it. Goldmans just has the highest profile.