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Wednesday, November 16, 2011

Speaking of wholly owned

Goldman Sachs conquers Europe:
As Greece, Italy and the European Central Bank appointed new leaders in the midst of the worsening Euro crisis, observers rushed to find something that might link the cost-cutting crusaders. And it seems the scrutinisers have found a connection in the form of Goldman Sachs. The new president of the European Central Bank, Mario Draghi, Italy’s new prime minister, Mario Monti, and the new Greek prime minister Lucas Papademos all reportedly have the US investment bank as a common denominator.
And Monti has just set the whispers going by refusing to appoint a single elected official to his new cabinet. So, Italy now has an unelected leader buttressed by an unelected consigliere. Fortunately, Goldman has no such undue influence in the United States... wait a minute.

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