SACKS OF GOLD

The collapse is coming... and Goldman Sachs rules the world.


Alessio Rastani claimed on BBC news the Euro-zone market would crash and the economic problems were like a cancer.
"It's not a time right now for wishful thinking that the government is going to sort things out. Governments don't rule the world - Goldman Sachs rules the world," he said, as he offered tips on how to turn a tidy profit when things go pear-shaped.

[News Corp. goes into damage control]

Is the trader from hell actually a hoax?
The BBC said Mr Rastani was authentic. However, Mr Rastani is not registered with the Financial Services Authority and his website, leadingtrader.com, crashes when you try to load the contact page. [It loaded fine when I tried.]

But the truth could be far simpler: Mr Rastani told telegraph.co.uk that he's just likes to talk on TV.

Goldman eyes full control of Australian arm

Wall Street bank Goldman Sachs is pushing ahead with the full buyout of the 55 per cent stake in its Australian offshoot it does not already own.
“Australia and New Zealand represent an important part of our growth strategy,” said Lloyd Blankfein, Goldman Sachs chairman and CEO.
There are about 130 equity-owning partners in the Australia and New Zealand businesses.
The Australian business has been moving closer to its US shareholder in recent years. Last August, the unit changed its name from Goldman Sachs JBWere.
The venture's sale of most of its private client business to National Australia Bank in 2009 was seen as making a full takeover of the Australian business more attractive to Goldman Sachs.