Goldman Sachs to headquarter US bank in NYC

Well, since they got Liberty Bond financing for their building even though their site does not qualify for Liberty Bonds, it's nice they're doing some business in the City.

Matt Lechner wrote:

Well, since they got Liberty Bond financing for their building even though their site does not qualify for Liberty Bonds, it's nice they're doing some business in the City.

Let them take their slimy, toxic business elsewhere. Like waterfront Joisey. Pay the man.

A $516 trillion derivatives 'time-bomb'

Most markets have something behind them. Central banks require reserves – something that backs up the transaction. But derivatives don't have anything – because they are not real money, but paper money.

http://www.independent.co.uk/news/business/ne...

this system has core flaws, now that "confidence that hid that has gone" all core flaws stand out exposed. Tax cuts and get loans from china , Japan etc..to make up for it over last 30 years must stop.

BAN derivatives wrote:

A $516 trillion derivatives 'time-bomb'
Most markets have something behind them. Central banks require reserves – something that backs up the transaction. But derivatives don't have anything – because they are not real money, but paper money.
http://www.independent.co.uk/news/business/ne...
this system has core flaws, now that "confidence that hid that has gone" all core flaws stand out exposed. Tax cuts and get loans from china , Japan etc..to make up for it over last 30 years must stop.

"Smartest guys in the room", my @ss.

Biggest frauds and shills on the street!

Tell 'em to "Bend over" and we'll master their universe.