Goldman Sachs boss says banks do "God's work"
Lloyd Blankfein, Chairman and CEO of Goldman Sachs, speaks during a panel discussion at the Clinton Global Initiative in New York September 23, 2009.
Goldman Sachs behind every market crash since 1920s
The chief executive of Goldman Sachs, which has attracted widespread media attention over the size of its staff bonuses, believes banks serve a social purpose and are doing "God's work."
In an interview with London's Sunday Times newspaper, Lloyd Blankfein also said he believed big profits and bonuses at banks were a sign that the world economy was recovering.
"We help companies to grow by helping them to raise capital. Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. We have a social purpose," he told the paper.
The dominant Wall Street bank posted third-quarter earnings of $3 billion and plans to hand out more than $20 billion in year-end bonuses.
Blankfein told the Sunday Times that the bank's compensation practices correlated with long-term performance.
"Others made no money and still paid large bonuses. Some are not around anymore. I wonder why?"
He added that he understood, however, that people were angry with bankers' actions: "I know I could slit my wrists and people would cheer."
Red Ice Radio
Ellen Brown - The Web of Debt & The Manufactured Financial Crash
Joan Veon - G20, Global Credit Crisis & Public-private Partnership
Catherine Austine Fitts - Swine Flu, Vaccination & The Economy
Mary Croft - Natural Man vs. Artificial Person, Law, Money & Banking
David Icke - Swine Flu, Mass Vaccinations & G20
Global Banking: the Bank for International Settlements
The Bank for International Settlements Calls for Global Currency
The People vs The Banks
Alan Greenspan - Gold and Economic Freedom
The Illuminati and the House of Rothschild
Prince Charles Call for a "Gigantic Partnership" of Governments Administered by the World Bank
Swiss banks propose global tax collection service
Secret Plan For IMF World Dictatorship
Is the Singularity already happening at Goldman Sachs?
Geithner: Auditing the Fed is a "line that we don't want to cross" (Video)
`Tectonic' Shift on Wall Street as Lehman Fails, Merrill Sold - "A New Financial World Order"
Latest News from our Front Page
An Occupied Country
When people refer to occupation governments or occupied countries, the first thought is often of military occupation—the garrisoning of foreign troops in one’s cities and civil administration by their military executives. The other vision is the trope of a cabal of Haredim sitting in a darkly-lit boardroom with a map of the world on the wall, a dated reading of ...
Immortal Symbols 1941
Youtube description: Dutch film "Eeuwig Leevende Tekens" by Hamer - "Volksche Werkgemeenschap" (Folkish Study Group) - ancestral heritage, solar wheel, sun cross, tree of life, etc.
Subs by Otharus - http://fryskednis.blogspot.com
Ex-German media boss admits on live radio the national news agenda is govt controlled
f you really want a lesson in how the Western popular press works, this is it.
Without question, Germany is the leading power in Europe. ZDF is its state broadcaster and most popular channel.
Together with sister network ARD; German's are obliged to pay €17.98 per month to fund it.
This week, during a radio event in Berlin, the retired head of ZDF ...
British teenager is gang raped by 'Moroccan' men after being dragged into a car in Spain
A British teenager claims to have been gang-raped in a Spanish resort after being dragged into a car by a group of Moroccan men, it was reported today.
The 18-year-old claimed she was attacked while walking home from work late at night in Sabinillas, near Marbella.
Police are said to be investigating a group of Moroccan men in the area.
A British teenager ...
8 Ways Racially Diverse Schools Hurt White Kids
Description from YouTube:
I argue against Mother Jones Propaganda
Link to the original Mother Jones Article: 3 Ways White Kids Benefit Most From Racially Diverse Schools
Links to all the articles and other citations mentioned in my video can be found here: docdro.id/6CpKvgA
|More News » |