Archive for the 'Banking' Category

The Goldman Sachs Circus

Bloomberg reports that after a brutal grilling by the US congressional committee on allegations of fraud, the investment bank seemed to walk away with an increased market value of over $500m! Talk about the adage of “there’s no such thing as bad press.” In fact, Goldman Sachs was alone “among 79 stocks of the Standard [...]

“Lies, Scams & threats – Banks are condemned”!

That is the headline in a very recent issue of the Times of London. And there’s more! Meanwhile spend some time watching prime time TV and you’ll discover that the same British banks are squandering millions nightly, on TV advertising, telling all and sundry just how decent, honest and trustworthy they are and how they [...]