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Goldman Sachs Involved In Anglo Irish Bank Bailout Shenanigans

  • 23-09-2010 3:00pm
    #1
    Closed Accounts Posts: 4,584 ✭✭✭


    Goldman Sachs is working on behalf of the Irish government, advising its National Asset Management Agency on its dealings with bailed out Anglo Irish Bank, according to the Irish Independent. More


Comments

  • Closed Accounts Posts: 4,115 ✭✭✭Pal


    wtf


  • Registered Users, Registered Users 2 Posts: 2,088 ✭✭✭BioHazRd


    Moved from humour


  • Registered Users, Registered Users 2 Posts: 5,932 ✭✭✭hinault


    Goldman Sachs.

    by coincidence GS bloated Chairman is waffling on how we should not countenance a default

    "A DEFAULT on Government-guaranteed debt at State-owned Anglo Irish Bank would lead to a funding crisis for the State and the bank system, former attorney general and European commissioner for Ireland Peter Sutherland will say in a speech in Dublin today.
    Mr Sutherland, chairman of Goldman Sachs International, will tell the Institute of Directors’ autumn lunch that the maximum saving the Government can make on sharing Anglo’s rising losses with the holders of senior and subordinated debt would be €5.1 billion"
    http://www.irishtimes.com/newspaper/finance/2010/0924/1224279585356.html


    He's an odious cnut.


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