Friday, 23 March 2012

Sometimes its just too much!

You must have been following how Goldman Sachs are taking over the European world (again!) GS; the bank that was next, just behind Lehman Brothers - but got bailed out by the US Fed in case we did all go back to the 1930s.

Their 'branch' in the City of London played a key role in 'organising' Greek debts. (And Spain, Ireland, Italy and Portugal's debts too.) Never one to shy away from their own interests, they also 'organised' along with Papademos, the then governor of the Bank of Greece, to cover up Greek debts and let Greece slip into Euroland back in the 1990s. Oh. Yes. That's right. Papdemos The current unelected Prime Minister of Greece.

It's ok though. The European Central Bank is bailing out the european banks that have seen their investments in Greece turn sour. Currently to the tune of two trillion euros. Why ok? Well Pappy as he's known to the Goldman boys (yes they are all boys) gets on like a house on fire with the new president of the ECB, Draghi. Why? Because he was the Vice Chair and a Managing Director of Goldman Sachs before his current hobby. So Draggi and Pappy know each other - and their mate, the unelected prime minister of Italy Mario Monti. Luckily he was a key 'international advisor'  for Goldman before the Italian voters won their free prize. Monti, Draggi and Pappy. What a crew eh? We bust it - We fix it!

Wait a minute. What about Peety? Who? You know. Peter Sutherland, the ex Attorney General in Ireland; ex Director on the board of RBS (that bank we own - used to be the biggest in the world.) Ex organiser of the Ireland's debts. Now (and has been for a while) chair of the London 'Broker - Dealer' arm of Goldman Sachs. And old Issy (Otmar Issing) architect of the euro, on the board of the German Bundesbank and then the European Central Bank. Advisor to Goldman Sachs.

Monti, Draggi, Pappy, Peety and Issy. And I have not even started on Belgium. Flog them a dead horse. Flog them the money to pay for it. Get taxpayers to pay the debt. Run the show in case the voters get it wrong. Get rich quick. And slow. And three times based on the same dead horse.

Funny hand shakes all round!

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