Liquidity Giveth, Liquidity Taketh – The IMF on International Capital Flows

To be an economist these days is a rare privilege and especially; it is a privilege to be a blogging economist since there is just so much good material to write about at the moment. On the one hand, there is the unfolding unravelling of Goldman Sachs (loads of material out there already, but . . . → Read More: Liquidity Giveth, Liquidity Taketh – The IMF on International Capital Flows

Is Goldman Sachs Thinking Of Buying Silver

Operating a website requires monitoring to make sure there are no problems but doing so can uncover very interesting nuggets of information. For example, on 24 February 2010 at 11:15 EST in the evening someone at Goldman Sachs Company in the main NYC office found RunToGold through Google by searching for the phrase ‘buying . . . → Read More: Is Goldman Sachs Thinking Of Buying Silver

The Impending AIG Hellstorm

Zero Hedge (with help from the Huffington Post) has been all over the biggest fraud perpetrated by the government in economic history.  While trying to avoid some of the minutiae of the transactions that took place, below are some of the highly poignant issues to come out of HuffPo’s (shockingly!) and Zero Hedge’s excellent . . . → Read More: The Impending AIG Hellstorm

Gunning For Goldman Sachs Gangbangers

Goldman Sachs (GS) gangbangers are engaged in public service, or more appropriately pillaging, as fast as possible even while the victims are getting increasingly shrill in their protests.  No means no and the gangbangers are not being respectful.  Bankers, financiers, hedge fund managers and others are being exterminated under suspicious circumstances.  Even senior gangbangers . . . → Read More: Gunning For Goldman Sachs Gangbangers

Taxpayers Earn 23% Return on Goldman TARP Investment

Federal taxpayers received a 23% annualized return on their investment in Goldman Sachs. On Wednesday Goldman announced that calculation by combining the interest it paid before repaying the Treasury’s $10 billion principal loan with the warrant buyback payments it made this week.

Goldman as led the way this week with surprise Q2 earnings… profits . . . → Read More: Taxpayers Earn 23% Return on Goldman TARP Investment