"Have you no sense of decency, sirs? At long last, have you left no sense of decency?"
The Burning Question of Our Age: "Is there a nickel in Zyklon B futures?"
In the sack with Sachs: the fat-ass bus-driver billionaire buys more bullets with Goldman's help |
$2.8 billion worth:
(WSJ) The New York-based bank’s asset management division last week paid 31 cents on the dollar, or about $865 million, for bonds issued by state oil company PetrĂ³leos de Venezuela SA in 2014, which mature in 2022, according to five people familiar with the transaction. The price represents a 31% discount on the trading Venezuelan securities maturing the same year.
The investment comes as Mr. Maduro’s detractors lobby hard to block Western financial institutions from doing transactions that support the cash-strapped government, which has been accused by the U.S. and other countries of widespread rights abuses.
Apparently GS is betting that a change in government would double the bonds’ value.
Good luck with that.
This move is peanuts in GS’s $40 billion emerging markets amount out of the $1.3 trillion the asset management branch manages, but Frank Muci at Caracas Chronicles calls it Meth Finance: “It’s like ripping out the electric wiring from the walls of your own house to sell the copper and get your next crystal meth fix.”
As long as someone is willing to be part of the debt pyramid scheme, it’ll continue. Let’s hope it’s not the U.S.".......
Goldman has also helped prop up the Commies in Ecuador. I don't even want to know what they do in Cuba.
Big corporations help rotten regimes all the time. Facebook helps Pakistan $ilence di$$enters. Everybody does business with China. Exxon Inc. works deals in Russia while Clinton Inc. sells them our uranium and technology. Boeing is trying to sell aircraft to Iran, to be purchased with the ransom money Obama lavished on them. Or better yet, they'll buy on Ex-Im credit and the U.S. taxpayers will be on the hook when they default with the airplanes.
"a Boeing representative shaking hands with Alaei, who has been identified by Congress as a "prominent and longtime member of Iran's Islamic Revolutionary Guard Corps," which is responsible for killing and wounding scores of U.S. troops."
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But this is a gratuitous money-grubbing gut-punch to the people of Venezuela. Goldman Sachs is financing their repression.
FOX: "It is apparent Goldman Sachs decided to make a quick buck off the suffering of the Venezuelan people," Julio Borges, head of Venezuela's opposition-controlled congress, said in a public letter to the New York bank's chief executive, Lloyd Blankfein. "I also intend to recommend to any future democratic government of Venezuela not to recognize or pay on these bonds."
Good. Blood money is risky business, no?
Good. Blood money is risky business, no?
They may just be pesky little brown people to you, Goldman, but they deserve to be free, too.
And so do Iranians, Boeing--despite Barky's lapdog subservience to the Mullahs. Boeing, once an American aviation icon, now just another amoral cabal?
Shame. $hame on you all.
Iranian students on the brink of freedom in 2009, before Obama rescued the Regime |
Venezuelans on the brink of freedom today... These are what real Resistance Movements look like, not the phony temper tantrums by the American Left |
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