Sunday, November 28, 2010
How to make even more money from the crisis
"Jim O'Neill, one of Goldman Sachs' most senior partners, has said that the eurozone must embark on a significant round of fiscal and political harmonisation if the euro is to survive". Guess who will manage it and take a cut? "Goldman Sachs Asset Management (GSAM) manages $823bn (Â£528bn) in funds that invest in equities, debt and currencies worldwide. Mr O'Neill said he wanted that figure to double in the next five years".