psytrade is right. Briefly, in 1992 banks deserted a bond auction, they wanted privatizations = take the Italian Central Bank away from goverment, and a lot of other state owned corporations. Goldman and other banks bought those companies with a few money. Then they dismantled them, so that Italy couldn't compete any more. Draghi was working "for" the government, he directed the privatizations, and then he was hired in GS. Coincidence ? You might read this: Mario Draghi, better known as "Mr. Britannia," has been chosen as the new head of Italy's central bank. Draghi is currently vice chairman of Goldman Sachs. Earlier, he was Director General of the Treasury Ministry for ten years, during which time he directed the process of privatization and liberalization of the Italian economy. This process started after the June 2, 1992 semi-conspiratorial meeting on the British royal yacht Britannia, which was exposed by EIR. Draghi was at that meeting, together with a selection of City bankers and Italian managers. In his speech on the Britannia, he pointed to the fact that to create a financial market in Italy, the obstacle represented by the political system had to be removed. Soon after that, a financial and a political crisis was provoked, through the George Soros-led speculative attack that pushed the Italian currency out of the EMS, and the "Clean Hands" investigation that successfully destroyed that very political system targetted by Draghi for elimination. http://www.larouchepub.com/eiw/public/2006/2006_1-9/2006_1-9/2006-1/europe.html
the EU going after US financial hooligans romping around its backyard is moot it's IF Americans will go after GS in America, and given the state of US politics 'it'll be a cold day in Hell . . . . . '
LOL, with all the money the U.S, govt loaned to G.S. and all the ex G.S. guys now working for the FED, there is no way in hell they(the U.S. govt) is going to allow GS to be hanged by the euro govt officials.
pretty lame that they have to focus on one ibank in their effort to divert blame. "Our poorly thought out, overinclusive monetary union is in trouble not because it SUCKS, and we LET ALL THE LOSERS IN WITH GIANT DEFICITS AND ENTITLEMENT SOCIETIES, but because, um, because of the, uh, GOLDMAN SACHS!! yeah, its all goldman sachs' fault! I immediately demand to know if they sell bonds. um, oh and what does their book look like? That's clearly pertinent to my point here!!" Whiners...
spot on...germany knew what they were doing, they wanted to sell their stuff to a captive core and wanted a buffer from the ruskies....they also thought by now they would have more than just monetary union but the masses are balking at the constitution..
jeez.... by your analysis we're all whiners! Poor GS that no matter where in the world we look every finacial crisis has one common denominator! GS. This company is being whittled away penny by penny eachday. hopefully america gets their billions back before the europeans come in demand a settlement!
the CIA and the MI5 are the intelligence arms of the global Zionist regime Goldman Sachs is the financial arm of the global Zionist regime the armies of the Anglophile nations are the armed forces of the global Zionist regimes the Jews produce their intellectuals and civil servants the Evangelical movement produces their slaves Nothing will happen to GS. The people who work there have become untouchable.