Banks have grown accustomed to “dark money” and don’t want Powell to rock the boat… Read More The Secret Force Behind Today’s Rigged Markets
Of all the investment banks on Wall Street, Goldman Sachs enjoys the most incestuous relationship with Washington, where it has a well-oiled revolving door at the Treasury Department.… Read More The Past, Present and Future of “Government Sachs”
Under Trump, an even smaller group will flourish — in particular, a cadre of former Goldman Sachs executives. To put the matter bluntly, two of them (along with the Federal Reserve) are likely to control our economy and financial system in the years to come.… Read More Trump Hearts Goldman as the Bank Continues Its Washington Conquest
Lars Schall interviews author and former investment banker Nomi Prins on how the interminable global financial crisis is likely to evolve in the coming 12 months.… Read More You Haven't Seen Anything Yet, Mama!