Peter Sutherland’s global migration forum brings together 160 nations to discuss policy Anyone who doubts that there is a deliberate plan to destroy Europe should carefully read this BBC news story, which reports: “The EU should do its best to undermine the homogeneity of its member states, the UN’s special representative for migration has said. Peter Sutherland told peers the future prosperity... 

Advocating: Lloyd Blankfein, chief executive of Goldman Sachs, appeared in a commercial supporting same-sex marriage for the Human Rights Campaign Goldman Sachs chief executive Lloyd Blankfein, one of Wall Street’s most powerful figures, has become the first major business leader to join a national media campaign in support of same-sex marriage. Gay rights advocacy group Human Rights Campaign... 

Like Obama, Mitt Romney is a wind-up doll for Wall Street and the bankers. There is virtually no difference between them despite all the fetid air from the GOP propaganda machine. This is revealed by a quick look at Romney’s top contributors. An Open Secrets page on top Romney contributors reads like a Who’s Who of Wall Street and the financial cartel. The top contributor is Goldman Sachs, followed... 

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... 

The German Christian Democratic Union (CDU) chaired by Angela Merkel urged to introduce changed in the Lisbon Treaty and other European agreements stipulating an opportunity for European countries to pull out from the eurozone. The countries would preserve their EU membership in such a move. Greece has a new government, but it has not led to any positive changes. The problem of the national debt crisis... 

Goldman Sachs & Co., reviled in the U.S. for its role in the financial crisis, is now getting hammered in the world’s No. 2 economy with a sensationalist new book accusing the investment bank of trying to destroy China. The “Goldman Sachs Conspiracy,” which has sold over 100,000 copies since it was released in June, reaching popular website Sina.com’s top-10 list, follows... 

Goldman Sachs received a $12.9 billion payout from the government's bailout of AIG, which was at one time the world's largest insurance company. Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night. Goldman Sachs disclosed the list of companies to the Senate Finance Committee... 

BP was aware of cracks appearing in the Macondo well as far back as February, right around the time Goldman Sachs and BP Chairman Tony Hayward were busy dumping their stocks in the company on the eve of the explosion that led to the oil spill, according to information uncovered by congressional investigators. The Mining and Mineral Services agency released documents to Bloomberg indicating that BP... 

Want Proof? HERE IT IS This is a list of the institutional owners of BP stock. This is NOT private owners. There are 350 million shares of BP. Financial Institutions own roughly 40% of BP. Goldman Sachs (on March 31st) owned 6 million shares…after it sold 4.7 Million shares. WHAT DID THEY KNOW?  Read More »

Goldman Sachs came under fresh pressure this morning after it was revealed the Wall Street powerhouse faces a criminal investigation into mortgage security deals it arranged. The inquiry follows civil fraud charges filed by the government against Goldman two weeks ago. The U.S. attorney’s office in Manhattan opened the investigation following a criminal referral by America’s financial watchdog,... 

Lloyd Blankfein As the U.S. housing turned downward in January 2007, a Goldman Sachs trader wrote in e-mails to a woman he apparently was courting that investments he had sold were “like Frankenstein turning against his own inventor.” “I’m trading a product which a month ago was worth $100 and today is only worth $93,” wrote Fabrice Tourre, who was charged along with the... 

Glenn Beck Faith, hope and charity: We used to seek God’s blessings on the country, we used to pursue maximum freedom to solve problems and we’d rely on one another in times of need. Now we’re being pushed towards what progressives have always found hope in: Dependency on regulations and administrations. Average Americans find that approach to be red tape. Our Founding Fathers found... 

The Pandora’s box of the SEC’s action against Goldman, which if validated in court will effectively make the issuance of every hybrid CDO product quasi-illegal, will lead to an explosion of lawsuits against virtually any bank that was active in the structured finance space during the housing boom, adding to a fresh round of “non-recurring” charges to bank income statements. Case in point... 

Goldman Sachs Group was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product, igniting a battle between Wall Street’s most powerful bank and the nation’s top securities regulator. The civil lawsuit is the biggest crisis in years for a company that faced criticism over its pay and business practices after emerging from the global... 

Chart (click to enlarge) And so the tragicomic becomes surreal. Yesterday’s news about the departure of the head of the debt management agency, Spyros Papanicolaou, was somewhat of a yawner, until we realized that his replacement would be none other than Petros Christodoulou, who until today was head of Private Banking and Group Treasury at the National Bank of Greece (reporting directly to the...