Posted Mar 21, 2018 by Martin Armstrong
Many in Germany are up-in-arms over the appointed by Chancellor Angela Merkel of Jörg Kukies who will become deputy finance minister in her new coalition government. Kukies will take over the responsibilities for financial markets and European policies at the Finance Ministry. Virtually every position in the key financial markets in Europe and American are all coming from Goldman Sachs. There is something seriously wrong. Such people do not leave the highest paying jobs to work for peanuts.
There has NEVER been any investigation of former Goldman Sachs people who take strategic government positions and alter policy only to leave. Robert Rubin ushered through the repeal of Glass Steagall and the resigned. Hank Paulson saved AIG whose default would have taken down Goldman while he eliminated two top Goldman competitors over who there was the authority to bailout – Lehman and Bear. There was no authority to bailout an insurance company operating in London no less to skirt US regulation. Even the seizure of our company, Princeton Economics, was run by a court-appointed receiver who was a full-time board member of Goldman Sachs – Alan Cohen.
Sourced through Scoop.it from: www.armstrongeconomics.com