Category: current affairs

Legendary Bankers

It seems that over the weekend three bankers have made it into the legendary league occupied by the likes of Soros, Buffet and John Arnold.

Dan Spark, Michael “Swenny” Swenson and Josh Birnbaum collectively netted $4bn profits for Goldman Sachs in a speculative gamble.

Sub-primes
The 4 bet that sub-primes would turn sour by the end of the year, netting the bank $4bn in profits, more than off-setting it’s own exposure to the sub-primes market.

Work hard, do your research
Goldman stands to be one of the biggest winners from the situation to date with over $19bn in it’s bonus kitty.

Just goes to show, you get nothing for betting on a sure thing.

Alan Johnston


After the pictures of with the explosives, I saw Alan Johnston being blow to pieces as a monumental chitty to the lawlessness of the west bank.

A would-be coup surely for those seeking to negatively leverage the current precarious situation in the west bank.

Cake & eat it
It’s obvious Johnston had a groundswell of support over there, like the democratically elected Hamas government, he was popular with the people.

Israel and the west are going to have to wait for another excuse to de-stabilize the region further.