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Showing posts from May, 2017

Vampire Squid Goldman Sachs rescues infamous autocrat Maduro of Venezuela

Two Vile Names, One Sweetheart Deal: Goldman Bails Out Maduro
May 31, 2017
The Vampire Squid rescues an infamous autocrat



Who says two amoral and corrupt institutions with diametrically opposing ideologies can't collaborate to sink even lower together?

RELATEDMatt Taibbi: The Vampire Squid Occupies Trump's White House
After running against Goldman as a candidate, Donald Trump licks the boots of the world's largest investment bank Goldman Sachs, infamous investment bank and symbol of international predatory capitalism, has made a devil's bargain with Nicolás Maduro, the infamous left-wing dictator of Venezuela who claims to despise companies just like Goldman. As Forbes writes: "What happened is that the Venezuelan Treasury owned some bonds issued by PDVSA, the national oil company. They sold those bonds to Goldman Sachs at a serious discount to face value." Maduro's authoritarian government has been rocked by protests this spring thanks to widespread econom…