Monday, March 26, 2012

Thursday, March 15, 2012

A PERSPECTIVE ON THE MYSTERIOUS $15 T

Regular readers will be familiar with some of my own speculation into U.S. money-laundering (and counterfeiting of its own currency). Of interest, my own theorizing was based on a series of logical deductions that implied that some massive money-laundering operation (of counterfeit currency) must be taking place in the dying U.S. economy. And now we have a detailed paper-trail on the largest (known) money-laundering operation in history.


The rest here.

THE MISSING 15 TRILLION DOLLARS



OUCH!

A very revealing resignation letter from Greg Smith, formerly of Goldman Sachs.

TODAY is my last day at Goldman Sachs.

After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.

The rest here.