Tuesday, Jun 30, 2009
NYSE complicit in hiding GS manipulation and corruption
Zero Hedge: NYSE Halts Transparency, Feels Goldman Program Trading Disclosure Is Unnecessary
The NYSE has taken action to make sure that nobody will henceforth be able to keep track of the complete dominance that Goldman Sachs exerts over the New York Stock Exchange. This basically ends our weekly Program Trading updates disclosed every Thursday indicating that Goldman has singlehandedly captured all of NYSE's program trading.
Posted by devo @ 06:40 PM (426 views) Add Comment
3 Comments
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1. mark wadsworth said...
Ahem, that's why they're no longer called 'Goldman Sachs', they are called 'Government Sachs'.
For all the faults of the UK government, they are nowhere near as useless as the Obama administration when it comes to bailing out banks.
2. little professor said...
Henry Paulson - former CEO of Goldman, became US treasury secretary.
Neel Kashkari - former vice president of Goldman, became head of the office financial stability, in charge of doling out the $700billion TARP funds
Goldman competitors eliminated by Paulson - Lehman Brothers, Bear Stearns, Merril Lynch, Morgan Stanley
Taxpayer funds bunged to Goldman by Kashkari - estimated $200billion (taking into account the counterparty bets made with AIG that were also inexplicable paid off.)
This is nothing less than the corporate takeover of the world's only superpower. Sad days indeed.
3. nomad said...
Edward Liddy, who took over as CE of AIG after the crash and who was responsible for dispensing the bail out money - ex Goldman Sachs. First payout was to Goldman Sachs - $12.4m.
Ben Bernanke Fed Chairman who took over from Paulson - I wonder who he worked for?