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スペインの銀行の監査を、なんで、ろくでもないごろつきヤクザのRoland Bergar, Oliver Wyman の監督会社に頼むのか?
Las zorras en el gallinero
The foxes in the henhouse
Xavier Vidal-Folch 24 MAY 2012 - 00:02 CET
Xavier Vidal-Folch 24 MAY 2012 - 00:02 CET
If the Bank of Spain has "the most reputable and credible" and "has a technical services of the highest quality", and sentenced on Monday Guindos Minister Five-day forum, why privatize its role for consultants Roland Berger and Oliver Wyman?
Who will answer for the quality of their stress tests to be carried out without field work, not just inspectors and regardless of the default? How much charge for it? Why the government denies this information, while boasting of his recent Transparency Act?
Oliver Wyman is disqualified to qualify for any bank, Spanish or alien, since 2006, two years prior to nationalization, categorizing the catastrophic Anglo Irish Bank as "the best bank in the world" and from which others advised the banking Wall Street to multiply their junk mortgages. It should be cornered in Spain, the CNMV and the Government, instead, the contract. Breaks the law and violates the tax accounting, which in 2010 earned him a penalty of 77,000 euros for the Corporate Income Tax.
Is that better junk company that the Bank of Spain? Does it deserve to audit anything here? No, it's the fox in the henhouse. If the ECB, the IMF or the EU will rent their prestige, or be contaminated, or undertake to save the face to save his.
The other bitch in this filthy fable is Goldman Sachs, the investment bank where she worked the President of the ECB, Mario Draghi, who has been hired to Guindos BFA-Bankia values.
Wyman is wrong to describe banks and Goldman are "puppets" to its customers: Spain and are Bankia
Who is Goldman, is the financial and glory is the cave of Ali Baba?
It is one of the greatest fiascos of the U.S. crisis, rescued by the American taxpayer more than 10,000 million dollars. It is one the great creators of subprime mortgages. He bet on the collapse of toxic derivatives sold, knowing that they were. The report of the Parliamentary Committee on the financial crisis was accused of "multiply the effects of the collapse of subprime mortgages" foisting the risk to their customers (The financial crisis inquiry report, January 2011, pp. 142/146 and 235/237) . In 2010 paid a fine of 420 million euros to keep the process brought by the Securities and Exchange Commission (SEC) for misleading customers and authorities. And in 2011, another regulator of Massachusetts.
With the other major Wall Street embellished their balance sheets by reducing their debt through repos, a comparison of repurchase credit that can help accrue at will. He mixed the interests of analysts and brokers: related to insiders as Raj Rajaratnam, offender sentenced to eleven years. Advised the makeup of the accounts of Greece which would, in traps, enter the euro in 2002 (The bank, Marc Roche, Deusto 2010). Intoxicated by Dutch ABN-Amro and German IKB.
Since last October, 30 of its 450 members have left the company, disgusted by his baseness. The most famous case was the director of derivatives in London, Greg Smith, who controlled more than three billion (with a B) dollars, tired of the environment "toxic and destructive" of the company, as he confessed in an article (New York Times, March 14).
Smith confirmed that Goldman specializes in abusing their customers, that managers are often called "puppets". The rules are two: "to persuade them to invest in stocks or other products that we zafarnos because they harbor a high profit potential" and "lead them to invest in anything that generates the maximum benefit for Goldman." "I attend meetings in the sale of derivatives that is not devoted even a minute to wonder how we can help customers, only about how we can make the most money," he testifies. "We do not do everything right in our relationship with the public, we must improve our work", had to concede shortly after the CEO, Lloyd Blankfein, on television (FT, April 26).
Small detail. The client we are interested in us. Well, our President, the Government of Spain.
Who will answer for the quality of their stress tests to be carried out without field work, not just inspectors and regardless of the default? How much charge for it? Why the government denies this information, while boasting of his recent Transparency Act?
Oliver Wyman is disqualified to qualify for any bank, Spanish or alien, since 2006, two years prior to nationalization, categorizing the catastrophic Anglo Irish Bank as "the best bank in the world" and from which others advised the banking Wall Street to multiply their junk mortgages. It should be cornered in Spain, the CNMV and the Government, instead, the contract. Breaks the law and violates the tax accounting, which in 2010 earned him a penalty of 77,000 euros for the Corporate Income Tax.
Is that better junk company that the Bank of Spain? Does it deserve to audit anything here? No, it's the fox in the henhouse. If the ECB, the IMF or the EU will rent their prestige, or be contaminated, or undertake to save the face to save his.
The other bitch in this filthy fable is Goldman Sachs, the investment bank where she worked the President of the ECB, Mario Draghi, who has been hired to Guindos BFA-Bankia values.
Wyman is wrong to describe banks and Goldman are "puppets" to its customers: Spain and are Bankia
Who is Goldman, is the financial and glory is the cave of Ali Baba?
It is one of the greatest fiascos of the U.S. crisis, rescued by the American taxpayer more than 10,000 million dollars. It is one the great creators of subprime mortgages. He bet on the collapse of toxic derivatives sold, knowing that they were. The report of the Parliamentary Committee on the financial crisis was accused of "multiply the effects of the collapse of subprime mortgages" foisting the risk to their customers (The financial crisis inquiry report, January 2011, pp. 142/146 and 235/237) . In 2010 paid a fine of 420 million euros to keep the process brought by the Securities and Exchange Commission (SEC) for misleading customers and authorities. And in 2011, another regulator of Massachusetts.
With the other major Wall Street embellished their balance sheets by reducing their debt through repos, a comparison of repurchase credit that can help accrue at will. He mixed the interests of analysts and brokers: related to insiders as Raj Rajaratnam, offender sentenced to eleven years. Advised the makeup of the accounts of Greece which would, in traps, enter the euro in 2002 (The bank, Marc Roche, Deusto 2010). Intoxicated by Dutch ABN-Amro and German IKB.
Since last October, 30 of its 450 members have left the company, disgusted by his baseness. The most famous case was the director of derivatives in London, Greg Smith, who controlled more than three billion (with a B) dollars, tired of the environment "toxic and destructive" of the company, as he confessed in an article (New York Times, March 14).
Smith confirmed that Goldman specializes in abusing their customers, that managers are often called "puppets". The rules are two: "to persuade them to invest in stocks or other products that we zafarnos because they harbor a high profit potential" and "lead them to invest in anything that generates the maximum benefit for Goldman." "I attend meetings in the sale of derivatives that is not devoted even a minute to wonder how we can help customers, only about how we can make the most money," he testifies. "We do not do everything right in our relationship with the public, we must improve our work", had to concede shortly after the CEO, Lloyd Blankfein, on television (FT, April 26).
Small detail. The client we are interested in us. Well, our President, the Government of Spain.
スペインの銀行の監査を、なんで、ろくでもないRoland Bergar, Oliver Wyman の監督会社に頼むのか?
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