Wednesday, April 21, 2010
Frenchie is Fried (cityam)
Goldman lovers deny rift (finalternatives)
You can enter but never leave (reuters)
Canada, Inflation and a rate rise (bloomberg)
Westport Bank (icfa)
IMF asks for taxes (finfacts)
Hedgies: the best in bed (ft)
I am sorry to say that none of the 45 people I have hired to put in my new bathroom are from the UK. Although I wanted British Jobs for British Workers, I have failed to fulfill my promises.
Many a structured product has eye watering promises but these too are often broken. Goldman, who are really charitable at heart are being berated for doing their job. As much as all of us on the market hate them to bits because they have tentacles everywhere and just know how to squeeze that little bit more than your second rate investment banks, the people have had enough.
Just like AIG before it went up in smoke, Goldman is on its last legs. Until tomorrow when it shall be all fine again. Let us not forget that the 5000 odd staff who benefited from Obama's bail out and have been given enough bonus to fund a decent holiday will be paying 50% in tax.
Good to see the other Goldman, Wacko Woss's other half is doing a better PR job. Kick-ass is a good film but not one for the kids.