What price the new democracy? Goldman Sachs conquers Europe - Business Analysis & Features - Business - The Independent
The ascension of Mario Monti to the Italian prime ministership is remarkable for more reasons than it is possible to count. By replacing the scandal-surfing Silvio Berlusconi, Italy has dislodged the undislodgeable. By imposing rule by unelected technocrats, it has suspended the normal rules of democracy, and maybe democracy itself. And by putting a senior adviser at Goldman Sachs in charge of a Western nation, it has taken to new heights the political power of an investment bank that you might have thought was prohibitively politically toxic.
This is the most remarkable thing of all: a giant leap forward for, or perhaps even the successful culmination of, the Goldman Sachs Project.
It is not just Mr Monti. The European Central Bank, another crucial player in the sovereign debt drama, is under ex-Goldman management, and the investment bank’s alumni hold sway in the corridors of power in almost every European nation, as they have done in the US throughout the financial crisis. Until Wednesday, the International Monetary Fund’s European division was also run by a Goldman man, Antonio Borges, who just resigned for personal reasons.
http://www.independent.co.uk/news/business/analysis-and-features/wh...
Comment
-
Comment by truth on November 27, 2011 at 5:13pm
-
"United States of Europe” Single Treasury plan emerged http://ning.it/qTPSgA
-
Comment by Maria De Wind on November 22, 2011 at 7:04pm
-
Comment by Anonymiss Express on November 22, 2011 at 6:08pm
-
I merely co-facilitate the soapbox and do some technical support, so everybody that chooses to, can bestow riches.
-
-
By all means. I run a soapbox operation. If you have an article or post that you wish to spread, one of the planks of the soapbox (big enough to stand on) is here: http://12160.info/group/openough
-
-
Thank you both!
-
-
-
Does not feel good. Need a break.
-
-
Looks like I have a lot of research to do, and little time to do it in. :(
-
-
That's a strange marriage. I think their children will not be considered Jewish by their own law? And he is said to be a "proud Jew"? Very odd ... I think you're right. Maybe something else behind this marriage.
-
-
What is it about the daughters of Democratic politicians and Jewish...
Protest all you want, you goyim
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
ancient lost worlds ~ DNA
"The area of Ket and Selkup peoples.There have been groups of people that have long…"
FEYNMAN: THE QUEST FOR TANNU TUVA (1988)
"Wow. And as strange coincidence this could be the very place of the great migration ( to America,…"
FEYNMAN: THE QUEST FOR TANNU TUVA (1988)
100th birthday present! Richard Feynman (1918-88), physicist, and his friend Ralph Leighton became fascinated by the remote and mysterious Asian country of T...
"That's right. Many countries head down that road into a terrorising future of Self ID-ers. (…"
Terror on All Hallows Eve Pt. 2 The Aftermath
Elizabeth had just gotten home from Junior High when the doorbell rang. She’d barely put her books…See More
"cheeki kea, I fear that we are headed further down the road of inhumanity institutionalized by the…"
"cheeki kea Thanks. I watched most of the movie but I'd forgotten until a few minutes into it…"
"That's a fine movie menu you've got Doc V. I love the old days theme. Great to view when…"
Three Must See Movies for Halloween
Grab Your Popcorn and Settle In! If you really want to get in the mood for Halloween and you like…See More
Terror on All Hallows Eve
Chapter IElizabeth was angry. All of her friends were going to be out on Halloween, but her. She…See More
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network