Sunday, January 22, 2012
Ron Paul vs Goldman Sachs
http://www.youtube.com/watch?v=vue8Gs0JWps
Labels: Barack Obama, Goldman Sachs, Mitt Romney, Ron Paul, video
Monday, May 30, 2011
New York Post
The forecast for the summer driving season: Hit the road early. Not to beat the traffic, but to beat the higher gas prices expected in mid-July.
Goldman Sachs' crystal ball is proclaiming that oil will soon soar to $135 a barrel, and likely have service stations jacking up fuel prices to $5 a gallon in New York just like the summer of 2008 that preceded the recession.
Indeed, analysts say Goldman and the other oil trading giant that also has the might to move prices, JPMorgan Chase, have already placed their energy bets for the summer. JPMorgan predicts oil hitting $130 a barrel in the coming weeks...[Full Article]
Labels: gas prices, Goldman Sachs, JPMorgan Chase, oil
Secret Fed Program Gave Billions to Banks Unknown to Congress
http://www.youtube.com/watch?v=ueTgVQkO6YU
Uploaded by fal2grace on May 27, 2011
May 26 (Bloomberg) -- http://www.bloomberg.com/news/2011-05-26/fed-gave-banks-crisis-gains-on-secre... Credit Suisse Group AG, Goldman Sachs Group Inc. and Royal Bank of Scotland Group Plc each borrowed at least $30 billion in 2008 from a Federal Reserve emergency lending program whose details weren't revealed to shareholders, members of Congress or the public. The $80 billion initiative, called single-tranche open-market operations, or ST OMO, made 28-day loans from March through December 2008. Banks paid interest rates as low as 0.01 percent that December, when the Fed's main lending facility charged 0.5 percent. Bloomberg's Bob Ivry discusses the loan program with Deirdre Bolton on Bloomberg Television's "InsideTrack."Labels: Federal Reserve, Goldman Sachs, video
Friday, March 11, 2011
Massive conflict will prompt stock market collapse, predicts cycle strategist Nenner
Paul Joseph Watson
Prison Planet.com
Thursday, March 10, 2011
When cycle forecaster Charles Nenner told the Fox Business network yesterday that the Dow Jones was set to collapse to the 5,000 level on the back of a “major war” that will shake the globe at the end of 2012, hosts David Asman and Elizabeth MacDonald sat in stunned silence.
Nenner, a former technical analyst for Goldman Sachs, is head of the Charles Nenner Research Center, which purports to be able to predict market trends with a computer program based around pattern forecasting and securities analysis. Nenner predicted the stock market and housing collapse over two years before the fall of Lehman Brothers.
Nenner predicts that the Dow is heading down to just 5,000, a gargantuan drop given that it now hovers above the 12,000 level and only sunk as deep as 6,547 during the lowest ebb of the economic collapse in March 2009.
On the back of this forecast, Nenner has advised his clients to vacate the market almost entirely.
“I told my clients and pension funds and big firms and hedge funds to almost go out of the market, almost totally out of the market,” said Nenner, saying that the collapse will unfold over the course of a couple of months and that the reversal will come when the Dow hits just above the 13000 level.
What could prompt such a dramatic fall? An oil shock that could be kick-started by Friday’s “day of rage” protests in Saudi Arabia or something else?
According to Nenner, who studies war and peace cycles, the collapse will be initiated by “a major war starting at the end of 2012 to 2013,” a startling claim to which the host David Asman merely responded, “wow”.
Excuse me? A financial strategist who has been deadly accurate in the past and has just told all his clients to get out of the market predicts a “major war” that will lead to a stock market collapse and the best Asman can come up with is “wow”?
Since the hosts failed to follow up on Nenner’s astounding statement, who this war will be between and how it will start is anyone’s guess, but it seems inevitable that its roots will be in the current unrest we see spreading like wildfire across North African and the Middle East.
*********************
Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a fill-in host for The Alex Jones Show. Watson has been interviewed by many publications and radio shows, including Vanity Fair and Coast to Coast AM, America’s most listened to late night talk show.
Labels: Goldman Sachs, Paul Joseph Watson
Monday, March 7, 2011
The Telegraph
Goldman Sachs is attempting to shut down a dissident blogger who is extremely critical of the investment bank, its board members and its practices.
The bank has instructed Wall Street law firm Chadbourne & Parke to pursue blogger Mike Morgan, warning him in a recent cease-and-desist letter that he may face legal action if he does not close down his website.
Florida-based Mr Morgan began a blog entitled "Facts about Goldman Sachs" – the web address for which is goldmansachs666.com – just a few weeks ago.
In that time Mr Morgan, a registered investment adviser, has added a number of posts to the site, including one entitled "Does Goldman Sachs run the world?". However, many of the posts relate to other Wall Street firms and issues...[Full Article]
goldmansachs666.com
Labels: Goldman Sachs
Tuesday, July 27, 2010
Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.
Goldman Sachs disclosed the list of companies to the Senate Finance Committee after a threat of subpoena from Sen. Chuck Grassley, R-Ia.
Asked the significance of the list, Grassley said, "I hope it's as simple as taxpayers deserve to know what happened to their money."
He added, "We thought originally we were bailing out AIG. Then later on ... we learned that the money flowed through AIG to a few big banks, and now we know that the money went from these few big banks to dozens of financial institutions all around the world."...
[Full Article]
Labels: bailout, Goldman Sachs
Sunday, July 4, 2010
Fresh fears over a global economic slowdown were raised on Saturday after Goldman Sachs' chief economist warned that data from China and the US revealed that any recovery was facing a "challenging period" and that evidence from America was "troubling".
As Britain enters a self-imposed period of austerity to deal with an historically large budget deficit, Jim O'Neill, one of the world's foremost economists, said that events beyond our shores could pose more of a problem than any domestic economic problems.
Writing in The Sunday Telegraph, Mr O'Neill, head of global economic research at Goldman, said: "What is clear is that a persistently struggling US, in addition to a major disappointment in China, would not be good news for the rest of us."...
Labels: Goldman Sachs
Thursday, June 17, 2010
Former BP Chairman and current BP CEO both dumped stocks in weeks before disaster
Paul Joseph Watson
Prison Planet.com
Thursday, June 17, 2010
BP was aware of cracks appearing in the Macondo well as far back as February, right around the time Goldman Sachs and BP Chairman Tony Hayward were busy dumping their stocks in the company on the eve of the explosion that led to the oil spill, according to information uncovered by congressional investigators.
The Mining and Mineral Services agency released documents to Bloomberg indicating that BP “was trying to seal cracks in the well about 40 miles (64 kilometers) off the Louisiana coast,” according to the report.
The fissures, which BP began to attempt to fix on February 13, could have played a role in the disaster, though this is a question still being explored by investigators. Improperly sealed, the cracks cause explosive natural gas to rush up the shaft.
“The company attempted a “cement squeeze,” which involves pumping cement to seal the fissures, according to a well activity report. Over the following week the company made repeated attempts to plug cracks that were draining expensive drilling fluid, known as “mud,” into the surrounding rocks,” states the report.
As we previously highlighted, eyewitness evidence indicates that Deepwater Horizon managers knew that the BP oil rig had major problems before its explosion on April 20. A crew member who rescued burning workers on the rig told Houston attorney Tony Buzbee of a conversation between Deepwater Horizon installation manager Jimmy Harrell and someone in Houston. According to the witness, Harrell was screaming, “Are you fucking happy? Are you fucking happy? The rig’s on fire! I told you this was gonna happen.”
The fact that BP managers were aware of problems with the rig and were seemingly unconcerned about fixing them only lends more weight to the already startling indications of some having foreknowledge of the disaster.
As we highlighted last week, on page 37 of British Petroleum’s own investigative report into the oil spill, it is stated that the Hydraulic Control System on equipment designed to automatically seal the well in an emergency was modified without BP’s knowledge sometime before the explosion.
Highly suspicious stock and share trades by people connected to BP before the explosion indicate some extent of foreknowledge.
Goldman Sachs dumped 44% of its shares in BP Oil during the first quarter of 2010 – shares that subsequently lost 36 percent of their value, equating to $96 million. The current chairman of Goldman Sachs is Bilderberg luminary Peter Sutherland, who is also the former chairman of British Petroleum.
Furthermore, as reported by the London Telegraph on June 5th, Tony Hayward, the current BP CEO sold £1.4 million of his shares in the fuel giant weeks before the spill.
On April 12th, just over one week before the Deepwater Horizon rig exploded, Halliburton, the world’s second largest oilfield services corporation, surprised some by acquiring Boots & Coots, a relatively small but vastly experienced oil well control company.
Halliburton is named in the majority of some two dozen lawsuits filed since the explosion by Gulf Coast people and businesses who claim that the company is to blame for the disaster.
Halliburton was forced to admit in testimony at a congressional hearing last month that it carried out a cementing operation 20 hours before the Gulf of Mexico rig went up in flames. The lawsuits claim that four Halliburton workers stationed on the rig improperly capped the well.
Labels: BP, Deepwater Horizon, Goldman Sachs, oil rig
Friday, June 4, 2010
Firm's stock sale nearly twice as large as any other institution; Represented 44 percent of total BP investment
The brokerage firm that's faced the most scrutiny from regulators in the past year over the shorting of mortgage related securities seems to have had good timing when it came to something else: the stock of British oil giant BP.
According to regulatory filings, RawStory.com has found that Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010. Goldman's sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BP's stock during the quarter.
If Goldman had sold these shares today, their investment would have lost 36 percent its value, or $96 million. The share sales represented 44 percent of Goldman's holdings -- meaning that Goldman's remaining holdings have still lost tens of millions in value...
Labels: BP, Goldman Sachs, oil rig
Sunday, May 16, 2010
Kurt Nimmo
Infowars.com
May 16, 2010
Two articles on the FDL website detail the intimate and incestuous relationship between the Barry Obama administration and Goldman Sachs. FDL names names and provides expansive detail on the Goldie administration.
“At a time when Congressional hearings are set to call testimony from some Goldman Sachs employees, it is vital to understand how widespread that institution’s ties are to the Obama administration. This diary shows the pervasive influence of Goldman Sachs and Goldman created institutions (like the Hamilton Project embedded in the Brookings Institution), employees and influence peddlers in the Obama administration,” FDL wrote on April 27.
It is not simply Larry Summers, Timothy Geithner, Rahm Emanuel, Gary Gensler and Mark Patterson who are Goldies, but a long list of others. “But that’s just the tip of the Goldman Sachs iceberg. Here you will find, I believe, the most comprehensive list of people-groups yet available to show how Obama’s administration has really become the Goldman Sachs administration.”
Elena Kagan is merely the latest addition, although her ties to Goldman are downplayed if not completely ignored by the corporate media...
Labels: Goldman Sachs
Monday, May 10, 2010
Kurt Nimmo
Prison Planet.com
Monday, May 10, 2010
Democrats are going gaa-gaa over Obama’s Supreme pick Elena Kagan. “Democrats praised Kagan as ‘razor sharp’ and impeccably qualified for the lifetime appointment on the nine-member bench, but Republicans promised to vigorously vet a ’surprising’ choice, noting she had never been a judge,” reports Agence France-Presse. “I have selected a nominee who I believe embodies… excellence, independence, integrity and passion for the law, and who can ultimately provide that same kind of leadership on the court,” Obama said at the White House.
Is Kagan independent? Hardly. She is a bankster operative.
Kagan sat on a Goldman Sachs advisory council between 2005 and 2008. It was her job to offer “analysis and advice to Goldman Sachs and its clients.”...
Labels: Elena Kagan, Goldman Sachs, Kurt Nimmo, PrisonPlanet.com
Tuesday, January 12, 2010
Last week it was revealed that when Treasury Secretary Tim Geithner was Chairman of the New York Federal Reserve, he urged AIG officials not to disclose to the Securities Exchange Commission relevant details of agreements with banks to bail out Goldman Sachs. Apparently he felt at the time that regulators and the public would be angry that taxpayer money was used to fully compensate bankers who made some horrifically bad investment decisions. These banks should have suffered the consequences of the huge risks they were taking. After all, they kept plenty of rewards when times were good. Instead, the Fed found a way to socialize these major losses so these banks could survive and continue making more bad decisions, at the expense of the American people and the value of the dollar...
Labels: Federal Reserve, Goldman Sachs
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