Anorak

Anorak | A Good Day To Bury Goldman Sachs

A Good Day To Bury Goldman Sachs

by | 4th, November 2008

U.S. Securities and Exchange Commission Chairman, Christopher Cox, last seen trying, and failing, to explain to Congress just how the US financial institutions could be so comprehensively f*cked without him noticing anything amiss, has issued another defence of his regime coupled with a clarion call for improved regulation.

In the darkest reaches of the Washington Post.

On Election Day.

Meanwhile Goldman Sachs, mightiest of the mighty US ex-investment banks, has conceded that it has lost almost $1billion on the $6 billion hedge fund it started in January.

In the Financial Times.

In London, England.

On Election day.

I think I see a pattern here…

– Chenier



Posted: 4th, November 2008 | In: Money Comments (3) | TrackBack | Permalink