Goldman Sachs, the bank that manages ... the world!

Current Economy and Sustainable Development-compatible? GDP growth (at all costs), economic development, inflation ... How concillier the current economy with the environment and sustainable development.
User avatar
Remundo
Moderator
Moderator
posts: 16086
Registration: 15/10/07, 16:05
Location: Clermont Ferrand
x 5231




by Remundo » 02/02/13, 00:03


and at the same time increase prices by how much%? : roll:

Thank you Sir Chief Ecofumist

There will be no drop in wages that can absorb the mountains of debt from the delusional monetary creation of the FED and the ECB in recent years.

Greece is already experimenting with the brilliant idea of ​​this great gentleman. It is even worse than before to such an extent that the Greeks now create a small parallel economy made up of barter and exchange of non-monetized services. Even if it is misery for the people, ultimately it may be one of the only ways to short-circuit these cravat men who will end up exhausting the beast he exploits ...

They may not even have the intelligence of their parasitism ... : Idea:
0 x
Image
Christophe
Moderator
Moderator
posts: 79287
Registration: 10/02/03, 14:06
Location: Greenhouse planet
x 11024




by Christophe » 15/02/13, 20:51

0 x
Christophe
Moderator
Moderator
posts: 79287
Registration: 10/02/03, 14:06
Location: Greenhouse planet
x 11024




by Christophe » 05/03/13, 20:15

0 x
moinsdewatt
Econologue expert
Econologue expert
posts: 5111
Registration: 28/09/09, 17:35
Location: Isére
x 554




by moinsdewatt » 03/04/13, 20:04

Ah finally, Goldman Sach is being gaunted.

Goldman Sachs: 8 billion fraud

03 March 2013

A former broker at merchant bank Goldman Sachs was arrested today in New York accused of having put in place a scheme to conceal some $ 8 billion in betting on futures contracts, representatives of the federal police.

The Manhattan Federal Attorney's Office, for its part, said in a press announcement that Taylor was due to appear before a judge on Wednesday on charges "relating to a scheme that allowed him to accumulate and conceal positions. unauthorized amounting to $ 8 billion in a brokerage account he managed at Goldman Sachs. "


http://www.lefigaro.fr/flash-eco/2013/0 ... fraude.php
0 x
User avatar
Flytox
Moderator
Moderator
posts: 14141
Registration: 13/02/07, 22:38
Location: Bayonne
x 839




by Flytox » 03/04/13, 21:58

Christophe wrote:To see again here too: http://www.youtube.com/watch?v=JNGYe7AD4N0


It's already censored. : Mrgreen:

Image
0 x
Reason is the madness of the strongest. The reason for the less strong it is madness.
[Eugène Ionesco]
http://www.editions-harmattan.fr/index. ... te&no=4132
User avatar
Obamot
Econologue expert
Econologue expert
posts: 28725
Registration: 22/08/09, 22:38
Location: regio genevesis
x 5538




by Obamot » 11/05/13, 15:35

How Goldman Sachs Rulers the World
http://www.youtube.com/watch?v=4jBuMh846pI

The evil work of Goldman Sachs. How Wall Street Starves the World
http://www.youtube.com/watch?v=ozQDHVuTiRA

Banque Goldman Sachs - The Biggest Scammers in the World
http://www.youtube.com/watch?v=uK27LWDD1cs

The role of Goldman Sachs bank in the fall of Greece
http://www.youtube.com/watch?v=kJqSCUvP3gU

A former Goldman Sachs employee denounces the toxic culture of business banking
http://www.youtube.com/watch?v=eOIKZi_AZXg

Here we are:

Source: © 2013 AFP / 09 May 02:51 / Romandie.com wrote:
USA: errors in the compensation of borrowers injured by banks

WASHINGTON- Nearly 100.000 customers of Goldman Sachs and Morgan Stanley banks, injured by irregular foreclosures, were victims of errors and received compensation lower than they were entitled to, said the American central bank (Fed) Wednesday.

In order to avoid prosecution in the context of a
gigantic foreclosure scandal, these two banks had concluded an arrangement in January obliging them to pay a total of 232 million dollars to more than 217.000 borrowers victims of their practices.


But some checks that began to be sent to these customers were less than the amount to which they were entitled, the Fed, which oversees the compensation process, said in a statement.

Rust Consulting, which manages the payments, will send additional compensation around May 17 to correct the mistake it made, the Fed added.

According to the Central Bank, about 96.000 clients of JP Morgan and Morgan Stanley were victims of these errors, the Fed, however, does not specify the extent.

The Central Bank will continue to closely monitor compliance with the compensation agreement, she said in this press release published on its website.

The scandal of irregular foreclosures had erupted in the United States in September 2010 when it appeared that the courts were rejecting more and more files of foreclosures because of breaches of the law.

After an investigation, the authorities revealed dangerous and unhealthy practices on the part of several banks.

A dozen of them, including also Bank of America and Citibank, have also agreed to settle this dispute by amicable agreements. As a result of these arrangements, a total of $ 3,6 billion is to be paid to some 4,2 million borrowers.
0 x
Christophe
Moderator
Moderator
posts: 79287
Registration: 10/02/03, 14:06
Location: Greenhouse planet
x 11024




by Christophe » 22/06/13, 10:37

Latest investment in vogue at Goldmann Sachs: child prostitution !! : Evil: : Evil: : Evil:

Goldman Sachs funds prostitution of minors

Goldman Sachs, the most rotten of banks. On the menu of the day, trafficking in underage prostitutes. The news does not come from an alter site, lit at the anti-US primary, but from the New York Times of this Saturday, and under the signature of a renowned journalist, Nicholas D. Kristof.

(...)


http://lesactualitesdudroit.20minutes-b ... eures.html
0 x
Christophe
Moderator
Moderator
posts: 79287
Registration: 10/02/03, 14:06
Location: Greenhouse planet
x 11024




by Christophe » 17/07/13, 21:14

Will you take some sand in the ...?

http://www.challenges.fr/entreprise/201 ... efice.html

In one year, the American investment bank Goldman Sachs has doubled its net profit.


In the same family: http://www.bfmtv.com/economie/bank-of-a ... 61416.html
0 x
Christophe
Moderator
Moderator
posts: 79287
Registration: 10/02/03, 14:06
Location: Greenhouse planet
x 11024




by Christophe » 29/07/13, 09:40

http://www.24heures.ch/economie/argent- ... y/15911436

Banks' profit logic "destroys the real economy"

The current functioning of global finance is contrary to the spirit of liberalism and destroys the real economy, denounces Marc Chesney, professor of finance at the University of Zurich.

The introduction of a financial transaction tax could remedy this, he said.

And it is up to Switzerland, in particular, to set an example by taking the lead, underlines the researcher in an interview published in the NZZ am Sonntag.

A 0,1% charge on each transaction would be enough to eliminate high frequency trading. This process, which allows high-speed execution of stock market transactions via algorithmic computer programs, is considered problematic by Marc Chesney, because it presents significant risks for the stability of the international financial system.

It is impossible that in a fraction of a second fundamental data about a company is not communicated. Investors are using this advance to quickly generate gains.

Bankruptcy speculation prohibited

In addition, a bank should not be able to speculate on the bankruptcy of a company or put into circulation opaque financial instruments, such as structured products. These complex arrangements do not benefit the real economy and often only benefit banks.

"Complexity is a factor of profit and power," says Marc Chesney. The total nominal value of the derivatives market thus represents almost a tenth of world economic activity.

According to statistics compiled by the International Monetary Fund (IMF), the total volume of derivatives traded is 640 billion dollars (594 billion francs), while all the national economies of the world combined generate each year "only" $ 72 billion.

Assume the consequences

Large banks and stock brokers are so powerful that they have had the power to dictate financial policy to governments and society for years. In addition, the fact that the States came to the aid of big banks on the verge of bankruptcy is contrary to liberal logic, which would like that which takes risks assumes the consequences.
0 x
Christophe
Moderator
Moderator
posts: 79287
Registration: 10/02/03, 14:06
Location: Greenhouse planet
x 11024




by Christophe » 04/10/13, 17:18

0 x

Back to "Economy and finance, sustainability, growth, GDP, ecological tax systems"

Who is online ?

Users browsing this forum : No registered users and 96 guests