• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

Lloyd Blankfein

Tyler Durden's picture

Goldman Sachs Is The Gift That Keeps On Giving... To The Clintons





By now we all know that Goldman Sachs is the gift that keeps on giving to the Clintons. Whether it's paying millions out for speeches, investing in family member's failing hedge fund ventures, or donating hundreds of thousands to the Clinton Foundation, Goldman seems to be keeping a close relationship with the family. But, with The Intercept dogging Hillary's every move seeking uncomfortable truths to awkward questions, perhaps the gift of Goldman is now a growing inconvenience on the campaign trail.

 
Tyler Durden's picture

Hillary Clinton Son-In-Law's Hedge Fund Shuts Down Greek Fund After 90% Loss





It was a hedge fund portfolio pitched by Hillary Clinton’s son-in-law, Marc Mezvinsky, as an opportunity to bet on a Greek economic revival.  Now, two years later, the Greece-focused fund is shutting down, after losing nearly 90% of its value. Investors were told last month that the fund would close. The fund, Eaglevale Hellenic Opportunity, had raised $25 million from investors to buy Greek bank stocks and government debt.

 
Tyler Durden's picture

Wall Street Is Falling Off A Cliff (And The Bottom Is A Long Way Down)





For the past 50 or so years, the quickest way for a sharp young sociopath to get rich has been to join an investment bank or hedge fund. The former were riding a “regulatory capture” gravy train that became ever-more-lucrative as new government agencies morphed into subsidiaries of Wall Street. Said another way, when financial assets are being artificially inflated by excessive liquidity, it’s easy to make money by shuffling this ever-appreciating inventory back and forth, and to look very smart while doing so. But those days are ending with a bang...

 
Tyler Durden's picture

Hillary Clinton's Full 'Speech' To Goldman Sachs





"Money was a lazy b*tch, until you put it to work! And look how it works! Look how it grows! Materializes out of nowhere! As leaders, innovators, captains of finance, you will always be subject of the jealous resentment, the petty tantrums of the unwashed masses, the insolvent, the irresponsible, the invidious, the losers. They will envy you, your successes, they will despise you, but they secretly want to be like you! Irresponsible single mothers, uneducated immigrants, lead-drinking ghetto-strutters, homeless, crying, babies, starving senior citizens, obnoxious, entitled African Americans who object to having bullets pumped into their bodies by police: all these people are angry, entitled, and making noise, and they are endangering our democracy and economy, our greatness."

 
Tyler Durden's picture

White Lies Matter





How bad is Hillary Clinton’s image? This bad...

 
Tyler Durden's picture

A Look Inside Iceland's Kviabryggja Prison: The One Place Where Criminal Bankers Face Consequences





At Kviabryggja Prison, the tumult in the capital seems worlds away. It’s dead quiet around the single-story barracks, and in the distance rise massifs that form Iceland’s western fjords. The Kaupthing convicts are marking time in different ways. A couple of them are tutoring fellow inmates. The subjects: math and economics.

 
Tyler Durden's picture

The Strange Story Of The Goldman Banker Subpoenaed In Malaysian Slush Fund Probe





By late January, Tim Leissner was irritated. So was Goldman. And so was the FBI.

 
Tyler Durden's picture

Helicopter Money Comes To Canada: Ontario Pledges "Basic Income Experiment"





“The pilot would also test whether a basic income would provide a more efficient way of delivering income support, strengthen the attachment to the labour force, and achieve savings in other areas such as health care and housing supports. The government will work with communities, researchers and other stakeholders in 2016 to determine how best to implement a Basic Income pilot.”

 
Tyler Durden's picture

The Birthing Of Trump's America: The Swindlers Vs. The Swindled





The effects of all this fundamental dishonesty have thundered through our national life to the degree that American society is now divided into the swindlers and the swindled, loosing the monster of collective Id known as Trump on the public. This is what comes of attempting to divorce truth from reality, which has been the principal business of American life for several decades now. When truth and reality become de-linked, a society literally doesn’t know what it is doing.

 
Tyler Durden's picture

Who Said It 13 Years Ago?: "Mr. Greenspan, You Are Way Out Of Touch"





Feel. The. Bern. "I have long been concerned that you see your major function and your position as the need to represent the wealthy and I must tell you that your testimony today only confirms all of my suspicions." 

 
Tyler Durden's picture

Charlie Munger On Trump As President: "Anyone Who Makes Money Running A Casino Isn't Morally Qualified"





Earlier today Munger, the vice chairman at Berkshire Hathaway Inc., dismissed Republican Donald Trump’s qualifications to be president, during the annual meeting of his Daily Journal Corp. As reported by Bloomberg, Munger, 92, responded to a question whether a person who couldn’t make money in the gaming industry would be a good fit for the top office in the U.S. “Well, he did make money for quite a while,” Munger said. “My attitude is that anybody who makes money running a casino is not morally qualified.

 
Tyler Durden's picture

"People Are Afraid": Market Panics As Brazil's "Goldman Sachs" Scrambles To Raise Cash, Junk'd By Fitch





"People are afraid. They don’t like to see the headlines and that is why they are withdrawing their money. It shows the panic that is going on from the investors’ perspective.”

 
Tyler Durden's picture

CEO Of Brazil's "Goldman Sachs" Is Arrested





Here is a sight that will never be seen in the US: the CEO of the country's largest investment bank arrested and perp walked after accusation we was part of the nation's largest corruption scandal.

 
Tim Knight from Slope of Hope's picture

What's Wrong with Class War?





To compare someone like Bernie Sanders to bloodthirsty monsters like Stalin and Pol Pot is too ludicrous for words. I've heard of slippery slopes before, but good lord, this guy must be totally off his rocker

 
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