LIVE from Gilliben's/Jekyll Island it's...
"Newly-named Greek Speculators Have Strong Ties to Goldman, New York Fed"
http://blogs.alternet.org/speakeasy/2010/02/19/newly-named-greek-speculators-have-strong-ties-to-goldman-new-york-fed/
An Excerpt:
...Greece’s National INTELLIGENCE SERVICE has named several other investors who are shorting Greek debt: Brevan Howard, Fidelity International, and Moore Capital, in addition to PAULSON & Co. The Greek daily EYP is also reporting that the agency named PIMCO, as well.
...the complete lack of transparency in this “free market” forces us to rely on a *GOVERNMENT SPY AGENCY* for information about who is making these trades. Brevan Howard, PAULSON, and Moore were accused by Spain’s INTELLIGENCE AGENCY last week. How bizarre.
The alleged speculators share some fascinating connections, including strong ties to Goldman Sachs and the New York Fed.
Moore Capital, the hedge fund of Louis Moore Bacon, has hired at least three executives straight from Goldman Sachs in the past three months: David Jasper, a macro trader, Garth Appelt, who worked for Jasper, and Amna Karim, former head of Nordic sales for Goldman Sachs Asset Management. Additionally, former Enron and Goldman Sachs executive Aaron Armstrong joined Moore from Deutsche Bank early this year.
Furthermore, two Brevan Howard executives have moved to Moore Capital in recent months. Jean Phillippe Blochet, a co-founder of Brevan and the “B” in its name, joined Moore Capital last year. Trader Luke Sandrian made the same move late last year.
The firms also have strong ties to the New York Fed. Three of the nine industry representatives on the New York Fed’s Investor Advisory Committee are affiliated with the speculators named by the Greek government: Louis Bacon of Moore Capital, Alan Howard of Brevan Howard, and Mohamed El-Erian of PIMCO. The New York Fed was also a client of PIMCO until recently.
Banks rank right up there with the IRS in stealing your money. The difference is we know thats what the IRS is supposed to do.
Hey now, Mr. Blankfein and the boys at GS are just “doing god’s work”, as he said in a recent interview.
By the way, FR is letting you post stuff from LewRockwell.com again? I sure hope so, it’s an excellent source.
Interesting post if it lasts...
Many Americans also don’t realize that the Federal Reserve is not government owned, it’s privately owned, they lend money to the US government who in turn spends it and pays interest on it.
I always thought if Americans knew that there would be an armed uprising the next day.
Greece may just be the world financiers and speculators Waterloo..
If the Greek Government regardless of the cost smashes the EU by revealing the EURO as the FIAT Money Fraud it is.. If Greece Survives the International Financiers wrath..
I think the Internationalists will have no choice from their point of view than to deliberately plunge the world into a severe and extended economic crisis to try and regain their power otherwise other nations will follow Greece’s example.
W