Archive for the ‘Financial Markets’ Category

The House That Goldman Sachs Built

Wednesday, October 14, 2009 11:03 2 Comments

The U.S. Treasury Department is the central headquarters of Wall Street, and Timmy Geithner is its demigod. The coup of the Treasury Department, which promotes itself as the “steward of U.S. economic and financial systems,” means an economy and financial system run by and for the Wall Street oligarchy, with Goldman Sachs spearheading the ruling class. Bloomberg runs [...]

This was posted under category: Economics, Financial Markets, Socialist Corporatism

Freddie Mac CFO Flies Under Radar of Compensation Czar

Friday, October 2, 2009 14:59 4 Comments

The failed Freddie Mac, which operates under conservatorship of the U.S. regime, has hired a new CFO at a hefty price. While the Compensation Czar is targeting “excessive compensation” in corporate America, new CFO Ross Kari could receive as much as $5.5 million in his first year at Freddie Mac. Freddie Mac also said it [...]

This was posted under category: Financial Markets Tags: ,