FREEDOM PROJECT: TSUNAMI OF CHANGE… Goldman Sachs CEO Lloyd Blankfein: Company Engaged in Contingency Planning for Defaults in Europe...

Submitted by AnaShyNa on Fri, 06/08/2012 - 19:16

TSUNAMI OF CHANGE…

 

 

 Please read a bit between the lines…

 or behind the words of the limes...

 

He [the Blank-ey boy...] still playing games of guilt…

games of  hide and seek who to blame in a wilt...

 

Imagine this scene: as  he is preparing for Euro default…

 like he has nothing to do with this financial tsunami assult...

 

For me: he reminds me to one of my cartoon dude…

: I will call him Blankey... blank as rock, and bold and slimy and  shrewd…

 

While he is standing at the beach...

and to a group of importantly silly people, he is giving a speech...

 

he is educating them, how to save self from incoming big tsunami....

Telling them they have not to worry, if they carry a silky pyjamee...

 

 and when they see that sea is resided fully...

they only need to trust him, with open umbrela facing the water bully...


as this will save their investments, their ass-ets, their lives...

they only have to trust him an open an umbrella with  gives ...

 

and I hope someone of these investing zombie people would tell him soon…

 that sea cannot be seen any more, and there is on the sky, one extra moon...

 

that they have not to open an  umbrella now...

but to simply surrender to the wave and bow...

 

bow to the wave as big as a mountain...

 it is all embracing, it is coll and fast like a fresh fountain...

 

the only thing these silly investing beings need to do...

 is to surrender without asking a clue...

 

surrender to the wave of change...

 and not to worry, even if they feel bit a strange...

 

it will not hurt, but maybe a bit…

it will show you a way how to submit…

 

How to submit your glory and pride…

To something much grander than the ocean wide…

 

Surrender to Love of change…

Surrender to knowing you cant do much about mange…

 


PSG

 

 

 

Goldman Sachs CEO Lloyd Blankfein: Company Engaged in Contingency Planning for Defaults in Europe

by  at Huffington Post
Posted: 06/08/2012 5:50 pm
Updated: 06/08/2012 5:54 pm

Goldman Sachs Ceo Lloyd Blankfein

 

Lloyd Blankfein spoke to reporters outside the insider trading trial of Rajat K. Gupta Friday

Goldman Sachs is planning to prepare for possible bank failures and sovereign defaults in Europe, the company’s CEO said Friday.

“It’s in the nature of contingency planning and we plan for a number of contingencies” including defaults, Lloyd Blankfein said Friday after testifying in federal court at the insider trading trial of former Goldman director Rajat K. Gupta. “If it does happen, it would be irresponsible for us not to engage in contingency planning.”

Blankfein did not go into detail about the kind of planning at Goldman Sachs, but said that the firm does not want to be caught by surprise if, for example, a country like Spain defaults on its sovereign-debt obligations. “If there’s a shock and awe [situation], there may be awe but there won’t be shock.”

In February, it was revealed that Goldman sold $142.4 billion in credit default swaps that would pay out in the event Greece, Ireland, Portugal or Spain defaulted on its debt.

Blankfein’s comments echoed remarks he made at the end of his testimony at the Gupta trial earlier this week. Both the public and private sector are laying the groundwork for responses to defaults, Blankfein said Thursday, but stopped short of confirming outright that Goldman is preparing as well.

“This is a very big test for the EU as a concept,” Blankfein had said Thursday. “I’m rooting for it to work.”

 

Category

Love the poem. So eloquent and on the "money". No joke implied, but it does work, doesn't it.

 

Anyways, I too am always amazed at how these banksters can justify the unjustifiable, with phrases like "quantitative easing" whatever does that mean?

 

Here's a video I posted last Fall (2011) when I began to see this banking fraud come into focus for myself.

 

http://youtu.be/Q5lkODhiWUY

 

 

I have not been able to load my videos here, can't figure out why just yet.  So please follow the link above to my YouTube Channel and Enjoy!

 

"Dr Moe"

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