Saturday, November 26, 2011

Activist Post: Bankers Have Seized Europe: Goldman Sachs Has Taken Over

Activist Post: Bankers Have Seized Europe: Goldman Sachs Has Taken Over:
On November 25, two days after a failed German government bond auction in which Germany was unable to sell 35% of its offerings of 10-year bonds, the German finance minister, Wolfgang Schaeuble said that Germany might retreat from its demands that the private banks that hold the troubled sovereign debt from Greece, Italy, and Spain must accept part of the cost of their bailout by writing off some of the debt...

... Who will rule the New Europe? Obviously, the private European banks and Goldman Sachs...