Tag Archives: derivatives
Goldman Banker goes Rogue amid the Fed’s Recent Stress Tests w/Naked Capitalism’s Yves Smith
RT Welcome to Capital Account. Goldman Sachs gets outed in a scathing resignation letter on the New York Times op-ed page today from executive director and head of Goldman Sach’s US equity derivatives business in Europe, Greg Smith. In the … Continue reading
Posted in Economics, Headlines, Society
Tagged ax murderer, axes, b hunt, Banker, becoming a leader, capital, Capitalism, derivatives, director, Elephants, equity, everything, executive, executive director, financial institution, goldman sach, Goldman Sachs, greg smith, head, hunt elephants, illiquid markets, job, letter, letter acronym, market, New York Times, new york times op ed, page, punches, resignation letter, Sachs, seat, sociopath, stress, stress tests, test, three-step, year, YORK
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Psychopathic Economics 101
Source: Financial Sense Psychopaths flew financial weapons of mass destruction (derivatives) into the twin towers of our economy, the housing market and the stock market. Ten trillion dollars of wealth evaporated. Ninety-nine percent of the economic experts—financial planners, economists, economic … Continue reading
Posted in Headlines, Ponerology
Tagged 9 months, Board, calling, Capitalism, corporatocracy, Crisis, depression, derivatives, Destruction, economic experts, economic research, economics, economists, FINANCIAL, financial crisis, financial planners, financial sense, Got, great depression, housing market, Mass, nber, Ninety-nine, percent, premise, psychopaths, recession, Research, risk, sense, stock, stock market, story, systemic risk, twin towers, weapons of mass destruction
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