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Goldman's Global Domination Is Now Complete As Its Mark Carney Takes Over Bank Of England

Tyler Durden's picture




 

Back on July 3, we made an explicit and very simple prediction: "now that the natural succession path at the BOE has been terminally derailed, it brings up those two other gentlemen already brought up previously as potential future heads of the BOE, both of whom just happened to work, or still do, at... Goldman Sachs:  Canada's Mark Carney or Goldman's Jim O'Neil. Granted both have denied press speculation they will replace Mervyn King, but it's not like it would be the first time a banker lied to anyone now, would it (and makes one wonder if this whole affair was not merely orchestrated by the Squid from the get go... but no, that would be a 'conspiracy theory'.)"

A few weeks later, in "On The Path To Global Goldmanation: Former Goldmanite Mark Carney To Head The BOE After All?" we added:

Granted both have denied press speculation they will replace Mervyn King, but it's not like it would be the first time a banker lied to anyone now, would it (and makes one wonder if this whole affair was not merely orchestrated by the Squid from the get go... but no, that would be a 'conspiracy theory'.)" We wonder if this speculation can be upgraded from conspiracy theory to conspiracy fact, now that Bloomberg itself has written a major article discussing just this suddenly very likely outcome.

 

From Bloomberg:

 

Carney Leading Bank of England Seen as Scandal Remedy

 

 

London is losing so much trust as the global financial center that Prime Minister David Cameron may need to consider an unprecedented choice for Bank of England governor: Mark Carney, the Canadian who polices the world’s financial system and has no ties to the bailouts or rigged markets tainting Labour and Conservative governments alike.

 

The 47-year-old Carney, who received his masters and PhD degrees from Oxford University, is no stranger to the City of London after working there with Goldman Sachs Group Inc. Now serving as governor of the Bank of Canada and the head of the Financial Stability Board, he is unscathed by the fallout from the 2008 financial crisis.

 

“Mark Carney is one of the brightest, most capable people I’ve ever met in global finance and central banking,” said Tim Adams, a former U.S. Treasury undersecretary who worked with Carney at Group of Seven meetings. “I’ve been around these circles a long time and he’s smart, politically savvy, a good manager and has an outstanding track record. It’s tough to find all those elements in a single person.”

 

Domestic candidates for the job include Gus O’Donnell, former head of the U.K. civil service, Financial Services Authority Chairman Adair Turner and Bank of England Deputy Governor Paul Tucker, a three-decade veteran at the bank.

There is one problem regarding the domestic candidates: none of them have Goldman on their resume, something which sets not only Mark Carney, but also Bill Dudley and Mario Draghi apart.

As for the punchline:

 

“Why not get a head that’s global? Bankers aren’t very popular, and a Canadian sounds like a good choice,” said Kent Matthews, a professor at Cardiff University and former Bank of England researcher. “It may well be that to restore credibility they have to look outside.”

 

So that's the strategy: play Carney off as a Canadian, instead of as Goldman. We wonder how many minutes the general public will be fooled by that particular strawman.

* * *

We are, once again, 100% correct, and have beaten all the bookie odds which had Tucker as a favorite and Mark Carney as a long odds outsider. Pity: all one needs to realize and remember how the events in the world play out is to remember one simple thing: GOLDMAN SACHS RUNS IT. Everything else is secondary.

As we expected months ago, it has just been confirmed.

  • MARK CARNEY NAMED AS NEXT BANK OF ENGLAND GOVERNOR
  • OSBORNE: CARNEY WILL BRING FRESH PERSPECTIVE
  • OSBORNE: CARNEY WON'T COMMENT ON U.K. POLICY BEFORE TAKING POST
  • BANK OF CANADA GOVERNOR CARNEY SAYS HONORED TO ACCEPT BOE ROLE
  • OSBORNE SAYS U.K. NEEDS `THE VERY BEST' AT THIS TIME
  • OSBORNE SAYS CARNEY IS BEST, MOST EXPERIENCED CANDIDATE

And as we showed back on July 26...

Europe before:

and After:

Finally, our conclusion from that article, which today merely encapsulated:

  • Because with money printing squids like these, who needs sovereign states?

Q.E.D.

 

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Mon, 11/26/2012 - 11:46 | 3011235 slaughterer
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IF Goldman gets a squidula in for Shapiro, then the world will effectively become a division of Goldman.  

Mon, 11/26/2012 - 11:48 | 3011240 fonzannoon
fonzannoon's picture

You beat me to it Slaughterer. Nice job. Guesses? Corzine? Cramer?

Mon, 11/26/2012 - 11:52 | 3011262 DoChenRollingBearing
DoChenRollingBearing's picture

All hail our new Masters of the Universe!  Is it still possible to get into Squid School?  Or do I have to go to Harvard or Yale first?

Inquiring minds want to know!

Mon, 11/26/2012 - 11:57 | 3011290 bigdumbnugly
bigdumbnugly's picture

does carney get some kind of fancy title with this like 'Sir Carney' or 'Duke of Squidom' or some such?

Mon, 11/26/2012 - 12:06 | 3011336 francis_sawyer
francis_sawyer's picture

Is "yahtzee" yiddish for "yahtzee"?

Mon, 11/26/2012 - 12:08 | 3011343 Mark Carney
Mark Carney's picture

What do I win?

Mon, 11/26/2012 - 12:19 | 3011392 francis_sawyer
francis_sawyer's picture

Chicken Dinner

Mon, 11/26/2012 - 13:05 | 3011537 Zer0head
Zer0head's picture

Carnivore

 

and Banzai in 3,2.1...

Mon, 11/26/2012 - 13:13 | 3011618 knukles
knukles's picture

Hey, at least he won't be hard to train by the City.
He already knows the drill.

Ah, divided loyalties... the Squid or the City?
I'll take the latter.

Mon, 11/26/2012 - 13:25 | 3011656 economics9698
economics9698's picture

Investopedia explains 'Matt Taibbi'

Taibbi wrote a controversial article, published in Rolling Stone, in July 2009 claiming that Goldman-Sachs had engineered all of the major market manipulations since the Great Depression. He famously described Goldman Sachs as a "great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."

Read more: http://www.investopedia.com/terms/m/matt-taibbi.asp#ixzz2DLnSfSQK

Mon, 11/26/2012 - 13:36 | 3011696 PlausibleDenial
PlausibleDenial's picture

Grifters...

Mon, 11/26/2012 - 14:09 | 3011821 jeff montanye
jeff montanye's picture

re the choice to succeed mary schapiro: 

http://economix.blogs.nytimes.com/2012/11/22/mary-miller-vs-neil-barofsk...

mary miller has spent two decades plus in the industry to be policed, has herself no enforcement, investigative, or litigation experience. she was trained by geithner.  she has no law degree.

barofsky the reverse.

Mon, 11/26/2012 - 14:23 | 3011886 fourchan
fourchan's picture

im sure its all just a coincidence.

Mon, 11/26/2012 - 16:08 | 3012134 AldousHuxley
AldousHuxley's picture

goldman is the modern era catholic church and wall st is  the Vatican...doing the "work of god"

 

goldman partners in senior government policy positions are bishops meddling in running or ruining a country.

 

advisors to kings and presidents to go to war against each other over debt collection instead of in the name of christ. Crusade versus military "liberation".

 

Cathedrals used to be the largest building in town, now it is the banks who has the higest high rises in the city center.

 

People used to be kept in line by telling them that they will go to heaven one day. People are now controlled with promises that they will be rich one day. Heaven on earth before you die. You can get there if you work hard enough and stay out of trouble they say. instead of 10% tithe, 5% in interest payments to the bank + 5% inflation tax.

 

but the age of reformation is near as corruption and abuse of power is exposed within. as rome burns, empire divides. internal chaos while new world is developing in asia and internet.

 

freedom of religion replaced by freedom of currency.

 

central bankers will exist as masses still follow the pope. but responsible citizens will be allowed to move on beyond the control of church being the morality police and banks being productivity police.

 

who will build the largest buildings next? entertainers and atheletes with their own stadiums?

in small towns there always is:

  1. church/temple (morality police)
  2. sheriff (property police...post crime rule)
  3. mayor (law police...pre crime rule)
  4. school (thought police)
  5. bank (productivity police)
  6. bar/ entertainment (fun police)
  7. worker slaves to pay taxes for supporting the above

and one richest guy who uses above to keep the status quo.

 

Mon, 11/26/2012 - 15:37 | 3012120 Disenchanted
Disenchanted's picture

 

 

"Goldman Runs It"

 

I think that's backwards.

 

"The City"/BOE/Rothschilds bringing in just one of their agent's(in this case Goldman) men from the field to be the puppet at hdqtrs for awhile. No biggie.

 

Mon, 11/26/2012 - 16:11 | 3012226 AldousHuxley
AldousHuxley's picture

goldman may run it, but they don't own it.

 

the owners don't want to do the work of managing their slaves.

Mon, 11/26/2012 - 12:53 | 3011524 CPL
CPL's picture

7 minutes in heaven with the hairest ZH member.

Mon, 11/26/2012 - 13:03 | 3011582 spankfish
spankfish's picture

I always thought it was a 1/2 hour in heaven?  Deflation?

Mon, 11/26/2012 - 13:08 | 3011602 Cypher_73
Cypher_73's picture

Ooo! Me me me me!

He's attractive and he can keep me living in the lifestyle to which I have grown accustomed through the crash.

Mon, 11/26/2012 - 13:30 | 3011674 CPL
CPL's picture

Indeed, how could Mark fail to see the merit in such an offer?

 

ZH:  Matchmaker to Central Bankers, Esquires.  Shit, we're the most romantic guys in the financial world bar none.

Mon, 11/26/2012 - 11:58 | 3011297 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

You must sell your first born to David Rockefeller and then bathe in the blood of one thousand goats.

Mon, 11/26/2012 - 12:08 | 3011305 EscapeKey
EscapeKey's picture

From this asshole's wikipedia page:

 

 

...was involved in Goldman's work with the 1998 Russian financial crisis.[4]

Goldman's role in the Russian crisis was criticized at the time because while the company was advising Russia it was simultaneously betting against the country's ability to repay its debt


There's a shocker - but why do they call it "betting"? That's not betting. When you know the outcome in advance, then it's a sure thing. It's also incredibly illegal, but hey, when you control all primary CBs you can pretty much piss in any pool of your liking.

Mon, 11/26/2012 - 14:44 | 3011964 walküre
walküre's picture

How ironic that Russian oligarch billionaires bought up the best and priciest of London's real estate for a decade now. They can have a good "chat" with Carney at one of the good London city clubs. Don't ever piss off the Russians.

Tue, 11/27/2012 - 13:24 | 3014558 ernie messerschmidt
ernie messerschmidt's picture

"Russians"?

Mon, 11/26/2012 - 12:02 | 3011314 prains
prains's picture

the blood of one thousand maple leaf fans

Mon, 11/26/2012 - 15:17 | 3012071 lakecity55
lakecity55's picture

...and sacrifice a baby at the Bohemian Grove.

Wed, 11/28/2012 - 15:41 | 3018236 Astraea
Astraea's picture

Didn't David Rockerfeller die lasat week?

Mon, 11/26/2012 - 12:31 | 3011441 DeadFred
DeadFred's picture

DoChen you need to be born into squid school AND go to Ha'vard or Yale. Bearing boys need not apply, sorry.

Goldman may run the world but it's the people behind Goldman who rule the world.

Mon, 11/26/2012 - 13:28 | 3011668 knukles
knukles's picture

DoChen worked at Barings?
Wow
Whoda thunk.

Mon, 11/26/2012 - 14:03 | 3011792 tenpanhandle
tenpanhandle's picture

I'm pretty sure that DoChen could get into a squid school.  I mean literally as in swimming with the fishes.

Mon, 11/26/2012 - 19:41 | 3012170 Ignatius
Ignatius's picture

Once one pulls on the thread called 9/11 then the financial elites and others who orchestrated it will unravel.  It's all related.  Start with David Chandler's 3-part analysis of WTC 7 and ae911truth.org. 

International Conference in Malaysia right now:  http://www.youtube.com/watch?feature=player_embedded&v=gHBSG7Mf8T8

Mon, 11/26/2012 - 13:28 | 3011666 FL_Conservative
FL_Conservative's picture

You must donate your soul first and pledge allegiance to the Squid.

Mon, 11/26/2012 - 11:51 | 3011251 CPL
CPL's picture

Then we can finally get the charade over with and watch them cut each other's throats once one disses another one of the alumni of Goldman.

 

Homogeneous leadership is a myth.  It's really sticking hungry sharks in a small bowl with no food but one another historically speaking.

Mon, 11/26/2012 - 12:26 | 3011420 DaveyJones
DaveyJones's picture

It's almost as if...it's a worldwide criminal syndicate 

(Lucy was right)

Mon, 11/26/2012 - 12:33 | 3011442 MillionDollarBoner_
MillionDollarBoner_'s picture

What...Mark Shapiro?

What have the Cleveland Indians to do with any of this? 

Tue, 11/27/2012 - 13:20 | 3014541 ernie messerschmidt
ernie messerschmidt's picture

Investment guru Marc Farber said in an interview a couple of years ago that GoldmanSachs is Israel.

Mon, 11/26/2012 - 11:49 | 3011238 BTFDemocracy
BTFDemocracy's picture

^^ screename now owned by Goldman too

Mon, 11/26/2012 - 11:50 | 3011254 slaughterer
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ZH soon to be owned by Goldman.  

Mon, 11/26/2012 - 12:30 | 3011425 DaveyJones
DaveyJones's picture

otherwise known as Storm the Bastille Day

Mon, 11/26/2012 - 13:06 | 3011595 vrabobabo
vrabobabo's picture

ZH is already its division

Mon, 11/26/2012 - 11:49 | 3011248 magpie
magpie's picture

Should keep a bid under the pound when the euro implodes

Mon, 11/26/2012 - 11:51 | 3011258 LawsofPhysics
LawsofPhysics's picture

Yep.  Who cares about exports when you can keep printing such a strong currency?  This should end well.

Mon, 11/26/2012 - 12:02 | 3011307 magpie
magpie's picture

Might be more interested in reading this event as a sign for a possible EU exit.

Mon, 11/26/2012 - 12:05 | 3011331 LawsofPhysics
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perhaps, history does indeed show how good the U.K. is at devaluing their currency and the British people are some of the most obedient sheep on the planet.  You would think that they almost like getting fleeced and cueing up for the dole.

Mon, 11/26/2012 - 12:08 | 3011340 magpie
magpie's picture

Are you implying the exact opposite - vote UK in Euro and haircut/inflate your way through the conversion rate ?

Mon, 11/26/2012 - 12:11 | 3011355 LawsofPhysics
LawsofPhysics's picture

This has been tremendously successful before and it takes a lot of real resources to keep that island humming.  Better hope the world keeps accepting that fiat.  I really see no other way.

Mon, 11/26/2012 - 12:16 | 3011374 magpie
magpie's picture

I am aware of the perpetual debasement and that the House of GS always wins - only it passed me by that maybe Mr. Carney is an Ubermuppet instead of puppet master who turns the UK into a Greater Iceland pegged to the CAD...idle thoughts.

Mon, 11/26/2012 - 12:22 | 3011406 LawsofPhysics
LawsofPhysics's picture

What will the E.U. offer resource-rich Canada in exchange?  Why would the people of Canada what to carry a bankrupt island in the E.Z.?

Oh wait, it's not about the people, nevermind.

Mon, 11/26/2012 - 12:57 | 3011551 CPL
CPL's picture

It's all about the "commonwealth".  God save the queen and all that nonsense. 

Mon, 11/26/2012 - 13:55 | 3011762 Eally Ucked
Eally Ucked's picture

What's the difference Mark Carney or Karm Yenrac? Canadian, American, Kirgiz or Afghani all the same shit!

Mon, 11/26/2012 - 11:49 | 3011249 Orly
Orly's picture

In your face!

Mon, 11/26/2012 - 11:52 | 3011259 11b40
11b40's picture

You just can't make this shit up!  Stranger than fiction.

Mon, 11/26/2012 - 11:52 | 3011261 tickhound
tickhound's picture

Damn the Canadians to hell.

Mon, 11/26/2012 - 13:27 | 3011662 Toronto Kid
Toronto Kid's picture

That's the Maple Leafs hockey season you're talking about, dammit!

Mon, 11/26/2012 - 14:43 | 3011961 dogbreath
dogbreath's picture

our hell freezes over

Mon, 11/26/2012 - 11:52 | 3011263 Theta_Burn
Theta_Burn's picture

Awsome,

Maybe these will be the same faces on the new currency they have planed.

Soon to paid in 100 dong bills

Mon, 11/26/2012 - 11:53 | 3011266 suteibu
suteibu's picture

Note that the non-Goldman, -  but U of Chicago-trained - Shirakawa is fighting to keep the Bank of Japan "independent" from the inept Japanese government.  This would seem to be a fight that all central banks would get behind as the nationalization of the BoJ might set a precedent for other nations' politicians who are not happy with the performance of their banks.  How many Goldman/Japanese are in position there to take over for Shirakawa?

Mon, 11/26/2012 - 15:05 | 3012036 SDRII
SDRII's picture

Japan is already precedent. The have had how many PMs in the last decade? There would appear to be a correlation between the government flip flopping and US security concerns in the region. Take a look back at the SK patrol boat sinking and the demise of the Japan gov't over non other than Okinawa protests. Dig into the TPP and prying open Japan's Ag market. Japan continues to get played like a fiddle in the $IMF complex.

Mon, 11/26/2012 - 17:32 | 3012458 suteibu
suteibu's picture

There would appear to be a correlation between Japan's revolving door PM situation and America's meddling in Japan/Asian affairs.  Hatoyama and the Okinawa issue is a classic example.  Another bone of contention for Japanese is the nuclear issue after Fukushima.  But it was none other than Obama who told Noda to delete any plan for reducing Japan's dependence on nuclear power from his energy plan.

The TPP is less about free trade and more about setting up a regional bureaucracy controlled by the US and global corporations.  Japan would be much better off signing targeted free trade pacts with China and South Korea than getting further in bed with America.

As for regional security concerns, the US has too many conflicts of interests with China to do anything about it except continue to extort and fear-monger the Japanese people into excepting America's largest peacetime military deployment for a 68th consecutive year during which time it has never mobilized to defend Japan.

Japan has a lot of problems with its government, not the least of which is America's involvement in it.

Mon, 11/26/2012 - 11:56 | 3011271 slaughterer
slaughterer's picture

MDB, Robo-Trader, fonzanoon, SuddenDebt, crankyoldgeezer, CPL, sheepdog-one, slaughterer--all indiscrimately being sold to Goldman this afternoon.  

Mon, 11/26/2012 - 11:57 | 3011295 fonzannoon
fonzannoon's picture

as long as they cover my therapy sessions.

Mon, 11/26/2012 - 12:59 | 3011562 CPL
CPL's picture

If they pay in physical silver and gold, sure, why not.  I get to cherry pick my pirate crew though.

Mon, 11/26/2012 - 14:16 | 3011856 Cypher_73
Cypher_73's picture

Mmmm... pirate crew...

Mon, 11/26/2012 - 14:37 | 3011950 CPL
CPL's picture

String of pearls.  Booty.  There's a joke in there somewhere.

Mon, 11/26/2012 - 16:58 | 3012356 RockyRacoon
RockyRacoon's picture

Whew!  I'm glad I got left off that list.

Mon, 11/26/2012 - 11:54 | 3011278 AwkwardReader
AwkwardReader's picture

Love to see what my marlin .444 would do to those target heads.

Mon, 11/26/2012 - 15:14 | 3012058 lakecity55
Mon, 11/26/2012 - 11:55 | 3011281 Bay of Pigs
Bay of Pigs's picture

Carney has done a spectacular job creating a massive housing and consumer debt bubble in Canada.

He's perfect for the BOE job. 

Mon, 11/26/2012 - 13:11 | 3011613 spankfish
spankfish's picture

Yes, but what this really needs is a good old fashion sex scandal... anybody up for it?

Mon, 11/26/2012 - 11:55 | 3011282 Kina
Kina's picture

The vampyre squidlings, the HIV of the financial world.

Mon, 11/26/2012 - 11:56 | 3011286 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Mark Carney is a whore.

Mon, 11/26/2012 - 12:30 | 3011438 Hugh_Jorgan
Hugh_Jorgan's picture

Mankind tend toward being whores. This is why we need God at the head of our lives.

Mon, 11/26/2012 - 13:52 | 3011754 walküre
walküre's picture

Carney going to BOE? Carney denied any such rumors just this summer!

http://m.foxbusiness.com/markets/quickPage.html?page=34687&content=70525221

http://www.huffingtonpost.ca/2012/04/17/mark-carney-bank-of-england-gove...

Another GOLDMAN appointment to yet another CB

How much longer before the global revolution starts? GOLDMAN is running the world and I HATE IT. This is beyond absurd. It's grotesque how people after people is being controlled by money printing paper pushing rats.

I guess this needs to be updated

http://news-cottage-two.blogspot.ca/2012/08/mark-carney-rotten-white-hat...

Oh and yes. Mark Carney is a JEW.

1+1 = 2

Mon, 11/26/2012 - 20:42 | 3012995 smiler03
smiler03's picture

And your evidence for "Mark Carney is a JEW" is what?

Mon, 11/26/2012 - 11:56 | 3011287 Confundido
Confundido's picture

BBG:

*CARNEY SAYS HE DIDN'T FORMALLY APPLY FOR BANK OF ENGLAND ROLE

*FLAHERTY CALLS CARNEY'S BOE APPOINTMENT A LOSS FOR CANADA

 

I mean....you couldn't make this stuff up! They themselves are confessing the existence of superior powers! I need to buy more physical gold...

 

Mon, 11/26/2012 - 12:10 | 3011356 Slartibartfast
Slartibartfast's picture

Canada may have a 'Triple-A' rating, but it's got a Triple-F finance minister...Fiscal Failure Flaherty. They don't call him 'Deficit Jim' for nothing, a politican with a proven track record of missing obvious signs (2008), of backing one-trick ponies (resource extraction) and hiding public debt (when he was finance minister of Ontario). He's not qualified to run a Saturday night bingo game at the Legion.

Mon, 11/26/2012 - 13:57 | 3011695 oddjob
oddjob's picture

Paul Martin was the King, I mean that $55 billion he 'borrowed' from the EI fund to balance the budgets, that was a stroke of genius.

Mon, 11/26/2012 - 14:05 | 3011801 old naughty
old naughty's picture

"borrowed"? That's why Sir Conrad (or was it Lord Black) did not "pass go".

Mon, 11/26/2012 - 13:54 | 3011761 Toxicosis
Toxicosis's picture

Flaherty wasn't missing any obvious signs.  This game is being played all over the world.  Lie, obfuscate, deny and bullshit the populace long enough until you can outright bankrupt and control them.  Like Bernanke, Flaherty is not incompetent just deceitful.

Mon, 11/26/2012 - 14:47 | 3011968 walküre
walküre's picture

Canada is another supposedly "free" country.

Mon, 11/26/2012 - 11:57 | 3011289 905ozs
905ozs's picture

Oh yes...& the new Governor of the Rothschild Bank of England is....
Not British (Canadian)...
Ex Goldman Sachs....
Why? "a person of real quality who is friendly with and knows the Banking system"

OMG....I feel like vomiting.

Mon, 11/26/2012 - 11:56 | 3011291 Bahamas
Bahamas's picture

They are all men: ..no female squids yet?

Mon, 11/26/2012 - 12:36 | 3011454 Crabshacker
Crabshacker's picture

When they do..you know it's really over. They always leave the she holding the bag.

Mon, 11/26/2012 - 13:02 | 3011579 CPL
CPL's picture

Kim Campbell.  Do not need to say anymore.

Mon, 11/26/2012 - 14:49 | 3011982 dogbreath
dogbreath's picture

connie ostermann

the girls are mad when they can't play with the boys

Mon, 11/26/2012 - 14:07 | 3011812 WarPony
WarPony's picture

lizard shape-shifters by day, ...

Mon, 11/26/2012 - 11:57 | 3011292 km4
km4's picture

 

Cambridge University starts Doomwatch unit, hires Skype co-founder to fight the future

http://www.engadget.com/2012/11/26/cambridge-existential-risk/

Mon, 11/26/2012 - 11:57 | 3011293 Itch
Itch's picture

God these bankers do such a great job, how could we live without them? I would be totally devestated if they all died suddenly.

Mon, 11/26/2012 - 11:59 | 3011298 slaughterer
slaughterer's picture

Jim O'Neil spends alot of time in China.  Why not him for BOC?

Mon, 11/26/2012 - 11:59 | 3011299 Solid Gold Bubble
Solid Gold Bubble's picture

Because on a long enough timeline, everything belongs to Goldman.

Mon, 11/26/2012 - 12:10 | 3011354 SmallerGovNow2
SmallerGovNow2's picture

Clever...

Mon, 11/26/2012 - 11:59 | 3011301 asteroids
asteroids's picture

God help the Brits. Carney has a speed dial to the FED. He won't make a move lest it upset the chairsatan. Canada by all rights should have jacked up interest rates years ago to stop our housing balloon, but didn't. Funny thing is that housing should start imploding about the same time Carney leaves.

Mon, 11/26/2012 - 12:08 | 3011345 slaughterer
slaughterer's picture

BLOOMBERG:

CARNEY RE-INITIATES QE IN UK IN FIRST 5 MINUTES AFTER BEING INFORMED OF HIS NEW OFFICE

/sarc

Mon, 11/26/2012 - 13:47 | 3011739 NotApplicable
NotApplicable's picture

God help the Brits? Your statement implies that something has changed.

BOE/Fed love affair has been ongoing since the day the Fed was born, as it's the the child of the BOE (along with most (if not all) other central banks).

 

Mon, 11/26/2012 - 12:00 | 3011302 Dr. Engali
Dr. Engali's picture

The squid completing what hundreds of years of warfare could not. And they didn't even need to fire a shot. Simply amazing.

Mon, 11/26/2012 - 13:50 | 3011743 NotApplicable
NotApplicable's picture

What do you mean? The shooting has NEVER STOPPED!

You seem to be forgetting the first rule of combat, "Let's you and him fight!"

I'd say that hundreds of years of warfare is likely the main reason they've been so successful.

Mon, 11/26/2012 - 17:10 | 3012397 DaveyJones
DaveyJones's picture

I don't know, I'd say that Trojan Horse has been clearly lodged up DC's rectum

Mon, 11/26/2012 - 12:01 | 3011306 Mongo
Mongo's picture

OSBORNE: CARNEY WILL BRING FRESH PERSPECTIVE

Indeed...

Mon, 11/26/2012 - 12:18 | 3011315 Shizzmoney
Shizzmoney's picture

Jaime Dimon's Fight with Mark Carney over Capital Requirements

Or is the other extreme possible? Are we being too timid? Consider the jaded attitudes of the bank CEO who recounted: "My daughter called me from school one day, and said, 'Dad, what's a financial crisis?' And, without trying to be funny, I said, 'This type of thing happens every five to seven years.'"

Read more: http://www.businessinsider.com/jamie-dimon-mark-carney-daughter-quote-started-fight-2011-9#ixzz2DLSRQ4nk

http://www.businessinsider.com/jamie-dimon-mark-carney-daughter-quote-st...

Mon, 11/26/2012 - 12:03 | 3011320 Glass Seagull
Glass Seagull's picture

Jesse Ventura is spinning in his leather-fringe jacket.

Mon, 11/26/2012 - 12:04 | 3011323 ItsDanger
ItsDanger's picture

I am mostly 99% against the conspiracy BS out there.  I feel most of it is based on money.  However, this GS takeover is not theory, its based on transparent facts.

Mon, 11/26/2012 - 12:19 | 3011399 tickhound
tickhound's picture

"All truths are easy to understand once they are discovered;  the point is to discover them."

Mon, 11/26/2012 - 14:11 | 3011830 WarPony
WarPony's picture

or, knowing the question is half the answer?

Mon, 11/26/2012 - 12:34 | 3011451 Crassus
Crassus's picture

No need to conspire. They all think alike.

Mon, 11/26/2012 - 13:54 | 3011760 NotApplicable
NotApplicable's picture

What's so hard to understand about loyalty to power (especially institutionalized)?

BTW, I'm 100% against the conspiracy BS out there. Problem is, its so well mixed with conspiracy fact that people like you dismiss it without a second thought.

Mon, 11/26/2012 - 14:09 | 3011819 walküre
walküre's picture

6x FU to the guys who junked you

Mon, 11/26/2012 - 12:07 | 3011324 Slartibartfast
Slartibartfast's picture

Mark Carney, the guy who is over-seeing a ruthless purge against small financial entities (securities brokers, fund managers, etc.) that are 'shadow banks', a term he recently used that would be laughable for its monumental irony and hypocrisy if it wasn't so harmful to investment innovation and investor choice. He won't be happy until investors have absolutely no choice but to deal with a Monster Bank or other pet entity. He has basically ordered the Ontario Securities Commission to kill anything that doesn't fit 'the model', which is basically the same rules that a motorcycle gang employs. The OSC has even put off implementing a 'plea bargain mechanism' until the job is done...plea bargains are for big boys only, not small players trying to hammer out a living.

If you're planning on setting up shop in Ontario, Canada's largest securities market, think again...it's being run by a total nest of vipers.

Mon, 11/26/2012 - 12:17 | 3011382 EscapeKey
EscapeKey's picture

If you're planning on setting up shop in Ontario, Canada's largest securities market, think again...it's being run by a total nest of vipers.

... as opposed to where exactly?

50% of all IPO's in 1930's France were outright rip-offs - how often do you see this mentioned in history books?

Mon, 11/26/2012 - 13:02 | 3011577 Odin
Odin's picture

"Den" of Vipers I believe would be the historically significant word...

Mon, 11/26/2012 - 13:16 | 3011624 Slartibartfast
Slartibartfast's picture

Den of Thieves or Nest of Vipers...either way it's a Goldman World.

Tue, 11/27/2012 - 05:00 | 3013683 Radical Marijuana
Radical Marijuana's picture

"historically significant word"

http://en.wikiquote.org/wiki/Andrew_Jackson

President Andrew Jackson, who survived assassination attempts to "kill the bank" said to them:

"Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!"

From the original minutes of the Philadelphia committee of citizens sent to meet with President Jackson (February 1834), according to Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels

Mon, 11/26/2012 - 13:35 | 3011698 ItsDanger
ItsDanger's picture

OSC regulates securities.  OSFI regulates the actual companies.  If you dont need financing, you would never deal with OSC.

Mon, 11/26/2012 - 13:44 | 3011731 Slartibartfast
Slartibartfast's picture

Kudos. The fact remains there is a massive bias against small entities and Carney has virtually institutionalized this bias.

Mon, 11/26/2012 - 14:01 | 3011778 ItsDanger
ItsDanger's picture

On that point, I totally agree.  Its part of why we have the oligarch situation currently around many industries and countries for that matter.

Mon, 11/26/2012 - 12:07 | 3011335 Ox
Ox's picture

Finance is a farce!

Mon, 11/26/2012 - 14:48 | 3011978 Golden_Rule
Golden_Rule's picture

A-fukin-men.  How anyone can produce so little and make so much is beyond me.

Mon, 11/26/2012 - 15:45 | 3012155 Orly
Orly's picture

Hey...a thought just occurred to me.  According to ForexLive http://www.forexlive.com/blog/2012/11/26/carney-getting-a-solid-pay-raise/ he's going to be getting a very hefty pay raise over Merv and making about a million dollars a year.

Anyone but me wonder what he knows about what is going to happen to the British currency?

Hmmmmmmm...

 

Mon, 11/26/2012 - 21:05 | 3013061 smiler03
smiler03's picture

$1m is bugger all compared to an American or British bank CEO. The BOE paid out bonuses in August 2011 of "up to £30000" per executive (yes, just £30K). Mervyn King's package has a much better pension plan so the difference is smaller than it appears by just comparing salary.

Declaration: I hate all TBTF bankers, including this one.

 

Tue, 11/27/2012 - 05:04 | 3013684 Radical Marijuana
Radical Marijuana's picture

Finance is fraud backed by force.

It seems a farce, due to fraud!

But, the frauds are backed by

astronomical sized violence!!!

Mon, 11/26/2012 - 12:07 | 3011338 swissaustrian
swissaustrian's picture

The Swiss central bank (SNB) doesn't have a former Goldmanite in charge yet, how do we change that?

We don't like the former IMF/BIS apparatchiks that are in charge of our currency debasment operation...

Mon, 11/26/2012 - 12:08 | 3011341 GoinFawr
GoinFawr's picture

So who fills Marky Mark and the Mark to Market Bunch's boots as Governor for the Bank of Canada then? Beezlebub himself? Or is Carney planning to 'doff both hats' on behalf of Goldm--- err, the commonwealth?

Mon, 11/26/2012 - 15:07 | 3012043 walküre
walküre's picture

Corzine is available. He knows everything there is about sovereigns and commodities. A twoofer! Maybe Paulson? His funds aren't doing so swell right now. He could use a promotion.

Mon, 11/26/2012 - 15:47 | 3012162 Orly
Orly's picture

I think you're getting your Paulsons confused.  One made really, really bad bets on gold and the other is a retired lepidopterist.

Mon, 11/26/2012 - 12:09 | 3011347 swissaustrian
swissaustrian's picture

Mission accomplished, time to delist Goldman and become a partnership again.

Mon, 11/26/2012 - 12:09 | 3011349 jmcadg
jmcadg's picture

Time take another look at this:

http://www.youtube.com/watch?v=aC19fEqR5bA

And while you're at it. this:

http://www.youtube.com/watch?v=lLxkyWhgaSQ

Mon, 11/26/2012 - 12:13 | 3011352 scatterbrains
scatterbrains's picture

Kinda freaky that Spain isn't deep red.. is that why they havn't kneeled down and kissed the squid funnel yet?

Mon, 11/26/2012 - 12:14 | 3011366 gmak
gmak's picture

for GS since 2003.  I think you are stretching a bit here.

Tue, 11/27/2012 - 04:10 | 3011432 GoinFawr
GoinFawr's picture

Carney's cozy coupling with the cephalopod?  Point me to the stretchMarks: Before 2003 he acted as one of their tentacles elsewhere for over a decade.

Mon, 11/26/2012 - 12:20 | 3011398 Crassus
Crassus's picture

Then JPM must take GS.

Mon, 11/26/2012 - 12:23 | 3011409 Forsaker
Forsaker's picture

Looks like they miss the Turkey. He was a former Merrill guy.

Mon, 11/26/2012 - 12:26 | 3011423 falak pema
falak pema's picture

well done Corpocracy America; you now own the two sides of the Pond; lock, stock and barrel.

Pond's cream will now be standard treatment for all wrinkles and ugly pimples. 'We only want pink botties on TeeeVEE and Fox news.'

I wonder if the BOK will now out-Draghi Count Draghi.

"Oh Dracula, king of the Franfurter of Rhineland and all that's further south, I am so thirsty for fiat blooooood...."

hahahaha, Vincent Price is back and its gonna be a Thrillaaaa! Print to kingdom come!

Mon, 11/26/2012 - 12:28 | 3011431 905ozs
905ozs's picture

What we need is a few Sperm Whales...they eat squid....
However, a squid can give multiple handjobs.

Sorry, a sad metaphor...I should look for a tall building to jump off.

You can't make this shit up

Mon, 11/26/2012 - 12:46 | 3011496 CCanuck
CCanuck's picture

A squid can perform multiple fistings.

Fixed it for ya 905.

Cc

Mon, 11/26/2012 - 12:34 | 3011447 SpanishGoop
SpanishGoop's picture

Golmantherlands, Goldmanpain, Goldmangium, Golmanuxenburg, Goldmantaly, Goldmaneece.

Getting boring.

 

 

 

Mon, 11/26/2012 - 18:29 | 3012619 Tompooz
Tompooz's picture

The Netherlands still seems to be holding out.  Or is it? Where is their gold?

Mon, 11/26/2012 - 12:37 | 3011457 Bansters-in-my-...
Bansters-in-my- feces's picture

Has anyone told Canada yet...?

Mon, 11/26/2012 - 13:32 | 3011682 Toronto Kid
Toronto Kid's picture

Yup.  It's part of our dastardly plan to get our Sovereign's face on the fiat of the entire world, starting with England.  Next is Australia!

Mon, 11/26/2012 - 16:01 | 3012203 misnomer
misnomer's picture

Um, you DO know that our sovereign is already England's and Australia's? 

 

It's all part and parcel of the pleasure of being in the Commonwealth./sarc

Mon, 11/26/2012 - 12:39 | 3011463 de Cosmos
de Cosmos's picture

SQUIDS: All your finance are belong to us...  You have no chance to survive... Make your time.

Mon, 11/26/2012 - 12:42 | 3011476 THE DORK OF CORK
THE DORK OF CORK's picture

Central bankers hold no nationality

Their State is Mammon.

Having said that anything from Goldman comes from the 9th circle of hell.

 

www.bbc.co.uk/news/uk-politics-18519395

Mon, 11/26/2012 - 12:52 | 3011511 optimator
optimator's picture

Aha!  But they do hold nationality.  They have an extra passport, not that they need it, to it and if anything ever does go wrong their little nation will protect them.  500 Nuc warheads will protect their little home. 

Mon, 11/26/2012 - 12:53 | 3011523 THE DORK OF CORK
THE DORK OF CORK's picture

Fair point - they invented the nation state concept and now wish to destroy it.

Mon, 11/26/2012 - 12:57 | 3011547 Zer0head
Zer0head's picture

isn't Romney a  Mammon?

Mon, 11/26/2012 - 12:59 | 3011560 Oh regional Indian
Oh regional Indian's picture

Precisely Dork of C. The definition of Borders will be re-defined in the Noo Wurld Dis-Order.

India for sure is a "Country" that should never have been, but for them.

ori

Mon, 11/26/2012 - 12:47 | 3011498 ATG
ATG's picture

Good call TD.

GS runs and ruins the world.

Almost like The Tudors...

Mon, 11/26/2012 - 12:50 | 3011504 Oh regional Indian
Oh regional Indian's picture

What an ugly bunch of angry looking, greedy, soul-less men running finance globally. A bunch of ex IMF/World Bank types run the shit-show in India (yup, we are well and truly under the thumb, not a squeak or peep from anyone regarding our control via BIS).

Yuck! ugh! 

ori

Mon, 11/26/2012 - 14:12 | 3011835 walküre
walküre's picture

The sooner the people in the world regardless of heritage, background or faith realize that they're being sold down the river by the cabal, the sooner we can have lasting peace and progress. Nobody needs these paper pushing money printing vermin.

Mon, 11/26/2012 - 15:06 | 3012041 lakecity55
lakecity55's picture

They are Reptilians from some other planet disguised as humans. I saw a movie where this guy found a pair of glasses what revealed whothey were. Somebody needs to find those specs!

Mon, 11/26/2012 - 16:02 | 3012206 misnomer
misnomer's picture

Ask Roddy Piper!

 

They Live!!

Mon, 11/26/2012 - 12:56 | 3011538 No Euros please...
No Euros please we're British's picture

The UK is totally screwed now. There, I never thought I would say it, but I have. Fuck you, Goldman Sachs. And a double fuck you, dick head Cameron and your paedophile chums.

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