Can a billionaire buy the next president? He didnt in 2012, but is once again on the hunt for a republican candidate to support with 10s of millions of dollars. So the media and government dares talk of Russia corruption and the connection between Putin and billionaires. BTW Obama also is the darling of Wall Street and companies like Goldman Sachs...(Goldman Sachs aluminum scandal could roil financials and commodity prices this week - The story of how this works begins in 27 industrial warehouses in the Detroit area where a Goldman subsidiary stores customers’ aluminum. Each day, a fleet of trucks shuffles 1,500-pound bars of the metal among the warehouses. Two or three times a day, sometimes more, the drivers make the same circuits. They load in one warehouse. They unload in another. And then they do it again. This industrial dance has been choreographed by Goldman to exploit pricing regulations set up by an overseas commodities exchange, an investigation by The New York Times has found. The back–and-forth lengthens the storage time. And that adds many millions a year to the coffers of Goldman, which owns the warehouses and charges rent to store the metal.)
Posted on: Sun, 30 Mar 2014 15:06:14 +0000