Posted on 03/15/2012 4:05:10 PM PDT by appeal2
The rats are fleeing the burning tenement of Wall Street. First, Greg Smith from Goldman Sachs who resigned in horror over the the firm's alleged disregard of any ethical limitations upon their ability to separate their clients from their money. Then today, an anonymous insider at another large bank comes out making numerous allegations about rigging off the silver and financial markets. We have no evidence to base any conclusions as to the veracity of these allegations, but certainly we have seen numerous Wall Street clients end up in the poor house.
Surprise, surpise, just when you thought the bad guys at MF Global and their network of enablers had won, the MF's Trustee in Bankruptcy turns up another $685 million, which just a few days ago seemed all but lost. Perhaps they found it in John Corzine's filing cabinet, or maybe it was in the supply closet along with the records of all that other money they haven't been able to find. Or perhaps some of the banks who were holding these funds decided it just wasn't worth the bad PR. Either way, FSN is always skeptical of coincidences. Especially now, when the global collapse is perhaps switching into high gear, and we're going to get a sample of those weapons of mass financial destruction that Warren Buffet has been losing no sleep over.
I have clients who were very high up at Goldman and have bailed out. Smith is right! Lots of smoke and mirrors being played in the highest offices of GS!
Sorry, mate. I stopped reading as soon as the writer used the word ‘off’ instead of ‘of’ in the sentence. If he does not have the intelligence to recognize the difference between two such simple words, I highly doubt that the rest of his writings are any more accurate.
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