NTMA AND GOLDMAN SACHS by Brian McCarthy
The Primary Dealers bid in competitive auctions of Irish Government bonds and make a two way market in the bonds at all times. They are also market-makers in Irish Government bonds on the major electronic trading platforms.
Ireland recognises Goldman Sachs International as a Primary Dealer in Irish Government Bonds.The recognition of Goldman Sachs International brings the number of Primary Dealers to fourteen.
The National Treasury Management Agency (NTMA) is pleased to announce that it recognises Goldman Sachs International as a Primary Dealer in Irish Government bonds.
I Brian McCarthy T.I.N. Man No.******* U; is pleased to announce that it recognises Goldman Sachs International is THE ONLY PRIMARY DEALER IN IRISH GOVERNMENT BONDS and buying & selling Ireland by insiders trading.
At this time I do wonder HOPE the The Papal Decree holds water? I also wonder about Michael Noonan and John Bruton in the Clearing House otherwise known as the I.F.S.C. Many like Peter Sutherland, Jean-Claude Trichet and lower cogs like StakeHolder’s Denis O Brien, Mario Draghi and will be mentioned on the green backed yellow brick road united in creating misery just for greed.
“The NTMA is confident that the Irish Government bond market will benefit significantly from the strong presence which Goldman Sachs International has in other European sovereign bond markets as a Primary Dealer”.
The other 13 Primary Dealers who have all been bought up by Goldman Sachs since 1997 are
Barclays Capital, London BNP Paribas, London Calyon, Paris Citigroup Global Markets, London Davy Stockbrokers, Dublin Deutsche Bank, Frankfurt and London Goldman Sachs International, London HSBC, Paris ING Bank NV, Amsterdam J.P. Morgan, London Nomura International plc, London Royal Bank of Scotland, London Société Générale- Paris UBS Limited, London.
GOLDMAN SACHS-Ground Control to Twin Towers Frankfurt JP Morgan & Deutsche Bank Are Goldman Sachs.
WHO BROKE GREECE ? and is Buying & Selling Ireland Deutsche Bank now the number one derivatives- and currency-trading bank in the world through its City of London operation, survived to become what it is now — a monster with a $72 trillion derivatives portfolio — because it was massively bailed out in October 2008 by Timothy Geithner and the New York Fed. Morgan Kelly argued in The Irish Times that Ireland’s ballooning deficit is the result of its banking sector bailout, which was set in stone during negotiations for its own national bailout from the European Union. He accuses the ECB and U.S. Treasury Secretary Timothy Geithner of preventing Ireland from forcing a haircut on bank bondholders. Read more: http://www.businessinsider.com/morgan-kelly-irish-default-2011-5#ixzz3QjVgozSz Involvement in the European sovereign debt crisis Goldman is being criticized for its involvement in the 2010 European sovereign debt crisis. Goldman Sachs is reported to have systematically helped the Greek government mask the true facts concerning its national debt between the years 1998 and 2009. In September 2009, Goldman Sachs, among others, created a special credit default swap (CDS) index to cover the high risk of Greece’s national debt. The interest-rates of Greek national bonds have soared to a very high level, leading the Greek economy very close to bankruptcy in March and May 2010 and again in June 2011 .Lucas Papademos, Greece’s former prime minister, ran the Central Bank of Greece at the time of the controversial derivatives deals with Goldman Sachs that enabled Greece to hide the size of its debt.Petros Christodoulou, General Manager of the Public Debt Management Agency of Greece is a former employee of Goldman Sachs. Mario Monti, Italy’s former prime minister and finance minister, who headed the new government that took over after Berlusconi’s resignation, is an international adviser to Goldman Sachs. So is Otmar Issing, former board member of the Bundesbank and the Executive Board of the European Bank. Mario Draghi, the new head of the European Central Bank, is the former managing director of Goldman Sachs International. António Borges, Head of the European Department of the International Monetary Fund in 2010-2011 and responsible for most of enterprise privatizations in Portugal since 2011, is the former Vice Chairman of Goldman Sachs International. Carlos Moedas, a former Goldman Sachs employee, is the current Secretary of State to the Prime Minister of Portugal and Director of ESAME, the agency created to monitor and control the implementation of the structural reforms agreed by the government of Portugal and the troika composed of the European Commission, the European Central Bank and the International Monetary Fund. Peter Sutherland, former Attorney General of Ireland is a non-executive director of Goldman Sachs International. These ties between Goldman Sachs and European leaders are an ongoing source of controversy. Deutsche Bank are Goldman Sachs Paul M. Achleitner (born September 28, 1956 in Linz, Upper Austria) has been chairman of the supervisory board of Deutsche Bank since May 31, 2012 After working at the consulting firm Bain and Company and Goldman Sachs, where he was managing director of the German subsidiary, in 2000, he joined the board of Allianz AG (Allianz SE since 2006). He was primarily responsible for finance and investments. After his appointment to the chairman of the supervisory board of Deutsche Bank, he left Allianz. Achleitner is also head of the Exchange Expert Commission
J.P. Morgan Are Goldman Sachs By the late 1990s, J.P. Morgan had emerged as a large but not dominant commercial and investment banking franchise with an attractive brand name and a strong presence in debt and equity securities underwriting. Beginning in 1998, J.P. Morgan openly discussed the possibility of a merger, and speculation of a pairing with banks including Goldman Sachs, Chase Manhattan Bank, Credit Suisse and Deutsche Bank AG was prevalent. Who broke Detroit ; Banks JP Morgan Chase, Bank of America, Goldman Sachs, and UBS were able to profiteer off of the bailout interest rates, costing the city $50 million/year since the crash.
Societe Generale are Goldman Sachs
Banks of the usual sort http://www.cbsnews.com/8301-34227_162-57539428/
The Société Générale scandal was one of the first fractures in the facade of what was then broadly perceived as an aggressive but essentially self-regulating financial system, giving rise to early calls against excessive risk-taking and lavish bonuses that have grown steadily louder since. It came not long after the first indications of the subprime mortgage crisis surfaced in the United States in August 2007 and was followed in March and September of 2008 by the demise of two flagship investment banks, Bear Stearns and Lehman Brothers. In December of that year, Bernard L. Madoff’s Ponzi scheme was uncovered, a fraud that set investors back more than $20 billion, according to estimates by the court-appointed trustee overseeing the case.More recently, Fabrice Tourre, another French banker, and his employer, Goldman Sachs, were sued by the U.S. Securities Exchange Commission in April for creating and selling mortgage products that regulators contend were secretly devised to fail.
UBS LTD & BNP PARIBAS ARE GOLDMAN SACHS
The “Offshore Leaks” files published around the world on April 4 show that, from the late 1990s until the end of the 2000s, two major French banks, BNP Paribas and Crédit Agricole, oversaw the creation of a large number of totally opaque offshore companies in the British Virgin Islands, Samoa and Singapore for clients in search of secrecy and lower tax rates.
These are the findings unearthed by the International Consortium of Investigative Journalists (ICIJ), which has been researching the story for over a year.
According to these secret documents, BNP Paribas channels operations through its Singapore and Hong Kong subsidiaries, whereas Crédit Agricole relies on its Geneva-based Swiss subsidiary.
Triple 888 Fortune Limited, which is registered in the British Virgin Islands, is a prime example. The company’s directors include bankers from BNP Paribas Jersey and other companies domiciled in the Virgin Islands and the Cayman Islands. One of its shareholders is UBS Nominees, a Swiss bank subsidiary that specializes in supplying nominees. It is a freak of law that would prove impenetrable to any tax authority minded to take a closer look at its cash flows and legality and to track down its true financial beneficiaries.
The architecture of the companies set up by Crédit Agricole is just as opaque. Coincidentally, it uses the same nominees as its French competitor, including companies such as Execorp Limited, Sharecorp Limited or Acticorp Limited, as well as fictitious directors and fake shareholders that Portcullis TrustNet rents by the year.
The Bank of England & Barclays Bank Are Goldman Sachs
This story starts really at The Bank of England Mark Joseph Carney. Canadian by birth, Carney is also a citizen of Ireland and the U.K.
Mr.Carney OC is the current Governor of the Bank of England and Chairman of the G20’s Financial Stability Board. He was previously the Governor of the Bank of Canada, and began his career at Goldman Sachs and the Canadian Department of Finance.
Carney spent thirteen years with Goldman Sachs in its London, Tokyo, New York and Toronto offices. His progressively more senior positions included co-head of sovereign risk; executive director, emerging debt capital markets; and managing director, investment banking. He worked on South Africa’s post-apartheid venture into international bond markets, and was involved in Goldman’s work with the 1998 Russian financial crisis.
Carney was chairman of the Bank for International Settlements’ Committee on the Global Financial System from July 2010 until January 2012. Carney is also a member of the Group of Thirty, an international body of leading financiers and academics, and of the Foundation Board of the World Economic Forum. Carney attended the annual meetings of theBilderberg Group in 2011 and 2012
Barclays bank is a privately owned bank. It is owned by Barclays Group Plc. and not by any country. If you are asking about the country in which the owners of Barclays bank are, then the answer is England. Barclays bank was created in England with headquarters in Canary Wharf, London, England.
THE ONLY PRIMARY DEALER IN IRISH GOVERNMENT BONDS part (ii)
NTMA ARE GOLDMAN SACHS t.b.c.