Secret Tapes Expose Goldman Sach’s Special Treatment By Fed? Hearings Demanded
Elizabeth Warren is insisting she wants to hold hearings on Capital Hill regarding secret tapes that reveal allegedly the Fed exempts Goldman Sachs above all other banks. The tapes appear to show an “unwillingness”, as Reuters put it, among some Fed supervisors to both demand specific information from Goldman about a transaction with Banco Santander and to strongly criticize what Segarra concluded was the lack of an appropriate conflict-of-interest policy at Goldman. This has been the legendary problem that has plagued Goldman through numerous conspiracy theories. It appears that the tide is starting to turn against the NY banks and once the Economic Confidence Model turns in 2015.75, the downside does not look very good for the bankers this time around.
Singapore lures investors with kilobar gold contract
The wholesale contract for 25 kilograms of 99.99 percent purity will start trading at 8:15 a.m. on Oct. 13, according to a joint statement from the exchange, IE Singapore, the World Gold Council and the Singapore Bullion Market Association.
Gold im Tresor als eiserne Liquiditätsreserve lohnt sich. Anleger sollten ihre Barren oder Münzen nicht ohne Not abgeben. Aufstocken statt abbauen ist angesagt.
Unweit der Kurdenstadt Kobane in Syrien haben mehr als tausend Dschihadisten eine türkische Mini-Enklave umstellt. Die 36 Soldaten, die ein Mausoleum bewachen, hätten keine Chance. Ankara stellt klar: Ein Sturm der IS-Kämpfer wäre ein Angriff auf die Türkei.
Banks are finding that it is far better to stay out of the United States than to be in. Foreign banks are targeted to allow the government to pretend it is dealing with the banks while it is really still overlooking some favored banks in New York.
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