Goldman Sachs may leave Europe
Well, the Paulson reign seems to have splendid returns in anti-capitalistic terms. The latest victim seems to be Goldman Sachs which claimed close connection to Mr.Paulson. Now, Europeans currently thinking about their "west - ties" shouldnt be very happy though. There is for example Germany's West LB up for sale at the moment. Its something like a state bank where municipalities could get easy loans for road construction and so on. This character was alienated by time and it became a bunch of greedy derivative buyers and sellers. Now, there was recently discussed a fusion between West LB and Bavarian LB but Bavarians got this hillarious 210 bio € HRE disaster so I think of them as well of as a conglomerate of greed.
This article mentions a possible fusion between Hessian LB, Berlin LB and West LB (WestLB, Helaba und Landesbank Berlin). I think its the best solution. It got the following advantage: IT WILL BE CONTROLLED. msg to these right super security assholes: here u got an explicit case where left security WILL BE BETTER.
Thursday, 30 September 2010
Goldman Sachs is flitting Europe
Labels:
BANKING CRISIS,
Germany,
Goldman Sachs,
Hypo real estate,
Paulson,
WestLB
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