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Goldman Sachs to review troubled Spanish bank "Bankia"

 
The Bulgarian
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05/18/2012 08:06 AM
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Goldman Sachs to review troubled Spanish bank "Bankia"
Spanish authorities have hired Goldman Sachs to provide an independent valuation of troubled lender Bankia, the country’s fourth largest bank, which has seen an unprecedented deposit flight during the last few days.

[link to rt.com]
Anonymous Coward
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India
05/18/2012 08:09 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Spanish authorities have hired Goldman Sachs to provide an independent valuation of troubled lender Bankia, the country’s fourth largest bank, which has seen an unprecedented deposit flight during the last few days.

[link to rt.com]
 Quoting: The Bulgarian


thief inspecting another thief
Anonymous Coward
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Australia
05/18/2012 08:11 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Juice never learn
The Bulgarian (OP)

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Bulgaria
05/18/2012 08:12 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
The U.S. bank will review Bankia's and its parent company BFA's books and determine within a month how much the state should inject to refloat the lender, which had to be rescued after its auditor, Deloitte, identified several gaps in last year's accounts.
Anonymous Coward
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05/18/2012 08:28 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Spanish authorities have hired Goldman Sachs to rob the people of Spain of all their money and tax their breathing.
 Quoting: The Bulgarian


5a
Anonymous Coward
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United States
05/18/2012 08:29 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Wolf guarding the sheep.
Anonymous Coward
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Cyprus
05/18/2012 08:29 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
G O L D M A N - they work better when you bend over for them
The Bulgarian (OP)

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Bulgaria
05/18/2012 08:31 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
What’s happening in Spain is starting to look like a perfect storm and there seems to be very little the government can do about it.

All that Prime Minister Mariano Rajoy’s administration can hope is that the external situation improves and, somehow, Greece’s membership of the euro zone can be maintained.

Otherwise markets will come looking for the next domino.
Anonymous Coward
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Canada
05/18/2012 08:45 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
'independent'

LOL
insertfunnyusername

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Greece
05/18/2012 08:58 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Spanish authorities have hired Goldman Sachs to provide an independent valuation of troubled lender Bankia, the country’s fourth largest bank, which has seen an unprecedented deposit flight during the last few days.

[link to rt.com]
 Quoting: The Bulgarian


What a terrible idea that is.
It's like hiring a pedophile to babysit your child.
The Bulgarian (OP)

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Bulgaria
05/18/2012 09:12 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
What a terrible idea that is.
It's like hiring a pedophile to babysit your child.
 Quoting: insertfunnyusername

More like hiring pedobear to babysit a pedophile. :D
insertfunnyusername

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Greece
05/18/2012 09:24 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
What a terrible idea that is.
It's like hiring a pedophile to babysit your child.
 Quoting: insertfunnyusername

More like hiring pedobear to babysit a pedophile. :D
 Quoting: The Bulgarian


Pedobear!!!
LOL!
Anonymous Coward
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United States
05/18/2012 09:25 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
american bailout about to happen
jannerfish

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United Kingdom
05/18/2012 09:45 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Just like a mugger asking how much you got in yer pockets.
Across the desert lies the promised land - WW
Mindlouka

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05/18/2012 10:17 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Spanish authorities have hired Goldman Sachs to provide an independent valuation of troubled lender Bankia, the country’s fourth largest bank, which has seen an unprecedented deposit flight during the last few days.

[link to rt.com]
 Quoting: The Bulgarian


thief inspecting another thief
 Quoting: Anonymous Coward 14714091


AHAHAHAHHAAHAHAHA Good one!
clappa
DickDolled
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Netherlands
05/18/2012 10:22 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Bankia must have been impressed by Goldman Sach's results in Greece.
Anonymous Coward
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Belgium
05/18/2012 11:14 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Spanish authorities have hired Goldman Sachs to provide an independent valuation of troubled lender Bankia, the country’s fourth largest bank, which has seen an unprecedented deposit flight during the last few days.

[link to rt.com]
 Quoting: The Bulgarian


Independent Valuation and Goldman Sachs

Isn't that a contradiction in terminis?
Bank will be proven not healthy. Board of directors will be changed and Goldman Sachs will put its people in it.
Second Greece is being staged if you ask me...
Spanish housing market is also pretty big and at this moment for the grabs... Ring a bell?
Anonymous Coward
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Belgium
05/18/2012 11:15 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
By the way : Goldman Sachs...
What are the real ties with the Zionists??? If I see only the name already...
insertfunnyusername

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Greece
05/18/2012 11:17 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Spanish authorities have hired Goldman Sachs to provide an independent valuation of troubled lender Bankia, the country’s fourth largest bank, which has seen an unprecedented deposit flight during the last few days.

[link to rt.com]
 Quoting: The Bulgarian


Independent Valuation and Goldman Sachs

Isn't that a contradiction in terminis?
Bank will be proven not healthy. Board of directors will be changed and Goldman Sachs will put its people in it.
Second Greece is being staged if you ask me...
Spanish housing market is also pretty big and at this moment for the grabs... Ring a bell?
 Quoting: Anonymous Coward 1505703


+1
we are seeing the biggest economic scam in history unfolding in front of our eyes.
Long live the fiat currency the derivatives and the swaps.
Anonymous Coward
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United States
05/18/2012 11:45 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Spanish authorities have hired Goldman Sachs to provide an independent valuation of troubled lender Bankia, the country’s fourth largest bank, which has seen an unprecedented deposit flight during the last few days.

[link to rt.com]
 Quoting: The Bulgarian


thief inspecting another thief
 Quoting: Anonymous Coward 14714091


haha, good one

Hire a burglar to scope your property for burglars
Anonymous Coward
User ID: 12917304
United States
05/18/2012 11:50 AM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Seriously, all these old Roman Catholic European countries, and their massive, poor families using democratic votes to elect politicians that give them socialist handouts, are all going down the toilet. They can't compete in a global economy, just like the Middle Eastern countries without oil income -- the economic model of having ignorant women at home pumping out kid after kid, just doesn't work. The roots of the Arab uprisings come from a different face of the same economic distress that is striking these old European Catholic countries. Without oil money, or charity, a society that basically consists of a lot of ignorant poor having unlimited kids and expecting handouts, is going to collapse.

Their gains in credit from being part of the Eurozone, only masked the economic problems of these failure-prone countries for a while. Even if the Euro stabilizes, these countries are still going to go down into hunger and economic failure, like the non-oil Arab Spring countries are doing.
Anonymous Coward
User ID: 1505703
Belgium
05/18/2012 12:33 PM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Seriously, all these old Roman Catholic European countries, and their massive, poor families using democratic votes to elect politicians that give them socialist handouts, are all going down the toilet. They can't compete in a global economy, just like the Middle Eastern countries without oil income -- the economic model of having ignorant women at home pumping out kid after kid, just doesn't work. The roots of the Arab uprisings come from a different face of the same economic distress that is striking these old European Catholic countries. Without oil money, or charity, a society that basically consists of a lot of ignorant poor having unlimited kids and expecting handouts, is going to collapse.

Their gains in credit from being part of the Eurozone, only masked the economic problems of these failure-prone countries for a while. Even if the Euro stabilizes, these countries are still going to go down into hunger and economic failure, like the non-oil Arab Spring countries are doing.
 Quoting: Anonymous Coward 12917304


I think you just dont understand what is happening. NONE of any of the economies can compete when the FINANCIAL system they are dependant on is fraud. At this point, about 95% of the global financial system is owned by Goldman Sachs or banks heavily dependant of this corporation.
If you dont dance the way they say you to dance, your rating goes down the toilet and you get litterally owned as you cannot get any loan anymore, this in favour of regions/politicians/corporations who do exactly as Goldman Sachs is saying, who DO get cheap loans, meaning possibilities to finance their industry.
Now, you can say : so what. But... If you dig a bit, you'll see that amongst industries which are dependant on Goldman Sachs (directly or indirectly), you can count the US military, most of the pharma industry, Media and IT. So, basically, these are most of the buildingblocks of our current society.
This means that even you, OP, and even if you are American, you simply are OWNED by those bastards, as is the US economy (US economy got owned big time when compared to the current European situation).

The reason why Europe is having problems right now is because Goldman Sachs did build in some failsafes burried deep within the European economy (such as Greece). They did that to be able to control the European economy whenever it got too strong.

Just remember, it is NOT because Europe is the so called "old continent" that we can not compete. In most countries on this continent, people know how to invent things themselves. They know how to grow crops. We do have reknown universities, and in a lot of countries, education (when taking the relative numbers, not the capita count) is pretty high, and can even be risen.
Besides of that, the health insurance system works and the educational system did work until we started to rebuild it according to the US model (which FAILS).

The thing with the Euro is this : the guys piloting the ship do not have the balls to go against Corporations a la Goldman Sachs in first place, They allowed a Bilderberg member (and with that influence of Goldman Sachs) to be president (yup, someone of my country) : Herman Van Rompuy.
And : the politics for immigration SUCK. Without wanting to be racist : they should simply kick out those families which did integrate and do not adapt to OUR way of living as at this moment, the healt, educational and financial security system is being undermined by people flooding in from Arab and East European countries, having a culture of NO NO NO to education, retarded opinions on rights of women and young adults, a failure to separate religeon and politics. Which is, I shouldn't have to tell, a dangerous cocktail when this cocktail is located within a country wich is having money and in which people believe in common sence.

Basically, the only European country which did the right thing was Iceland : they did say a big "F**ck" you to the complete banking system and did let their main bank go bankrupt. And look where they are now.

Europe and a monetary union will only work when WE do build in fail safes that influence of criminals as Goldman Sachs and others is 100% prohibited.
Secondly, Europe should finally take care of allowing people to do research and publish results on ways of alternative means of generating energy.
Thirdly, Europe simply should refuse to bow for the US patent system when it comes to products which are only used within Europe. This will make local industry much less dependant on the corrupt US system within which the one waving with the biggest package of dollars in most cases gets the patent (dollars = dependant of Goldman Sachs, remember).
This will boost innovation in mechanical industry, energy, IT and pharmaceuticals... In the end, such a system would also seriously limit the power of the current banksters (or should I say gangsters), potentially ending up in a complete break down of their power if ever it should be proven that a system completely independant and out of the influence of the current banking world would work.

And just to end this long post : When Europe fails, OP, this also means that one of the last chances for people in the US to get a voice will cease to exist. As when it comes that far that Europe comes 100% dependant of the banksters, no alternatives will be allowed anymore. And when alternatives should arise, they will be muted asap. At that point, we effectively will enter the NWO which a lot of people have been talking about for the last years.

(oh, and just FYI, don't count on any other economic giants to turn the tide : Japan and the whole east is a fail, China is just waiting until Europe/US fail. Brazil is playing the game of wait and see and will form a block with other South American economies in stead of helping out US. And Russia, yeah, that's the big unknown. But if I am right, they won't be able to help a lot.


And the next step after financial collapse of US and Europe and unification of US and Europe on financial and political level : WAR. As European and US military power will align. And then it will be dependant on the threat which region they'll wage war to : it will be the Arab world if they are desperate in need of oil, or fear a nuclear Iran. Or it will be the Asian region when there's a risk this economy will recover and pose a potential threat to the NWO.


And now : start raiiiiiiising the BS flags on my posts
Anonymous Coward
User ID: 16270986
Sweden
05/18/2012 12:48 PM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Spanish authorities have hired Goldman Sachs to provide an independent valuation of troubled lender Bankia, the country’s fourth largest bank, which has seen an unprecedented deposit flight during the last few days.

[link to rt.com]
 Quoting: The Bulgarian


thief inspecting another thief
 Quoting: Anonymous Coward 14714091


+1
insertfunnyusername

User ID: 16046432
Greece
05/18/2012 01:00 PM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
Seriously, all these old Roman Catholic European countries, and their massive, poor families using democratic votes to elect politicians that give them socialist handouts, are all going down the toilet. They can't compete in a global economy, just like the Middle Eastern countries without oil income -- the economic model of having ignorant women at home pumping out kid after kid, just doesn't work. The roots of the Arab uprisings come from a different face of the same economic distress that is striking these old European Catholic countries. Without oil money, or charity, a society that basically consists of a lot of ignorant poor having unlimited kids and expecting handouts, is going to collapse.

Their gains in credit from being part of the Eurozone, only masked the economic problems of these failure-prone countries for a while. Even if the Euro stabilizes, these countries are still going to go down into hunger and economic failure, like the non-oil Arab Spring countries are doing.
 Quoting: Anonymous Coward 12917304


I think you just dont understand what is happening. NONE of any of the economies can compete when the FINANCIAL system they are dependant on is fraud. At this point, about 95% of the global financial system is owned by Goldman Sachs or banks heavily dependant of this corporation.
If you dont dance the way they say you to dance, your rating goes down the toilet and you get litterally owned as you cannot get any loan anymore, this in favour of regions/politicians/corporations who do exactly as Goldman Sachs is saying, who DO get cheap loans, meaning possibilities to finance their industry.
Now, you can say : so what. But... If you dig a bit, you'll see that amongst industries which are dependant on Goldman Sachs (directly or indirectly), you can count the US military, most of the pharma industry, Media and IT. So, basically, these are most of the buildingblocks of our current society.
This means that even you, OP, and even if you are American, you simply are OWNED by those bastards, as is the US economy (US economy got owned big time when compared to the current European situation).

The reason why Europe is having problems right now is because Goldman Sachs did build in some failsafes burried deep within the European economy (such as Greece). They did that to be able to control the European economy whenever it got too strong.

Just remember, it is NOT because Europe is the so called "old continent" that we can not compete. In most countries on this continent, people know how to invent things themselves. They know how to grow crops. We do have reknown universities, and in a lot of countries, education (when taking the relative numbers, not the capita count) is pretty high, and can even be risen.
Besides of that, the health insurance system works and the educational system did work until we started to rebuild it according to the US model (which FAILS).

The thing with the Euro is this : the guys piloting the ship do not have the balls to go against Corporations a la Goldman Sachs in first place, They allowed a Bilderberg member (and with that influence of Goldman Sachs) to be president (yup, someone of my country) : Herman Van Rompuy.
And : the politics for immigration SUCK. Without wanting to be racist : they should simply kick out those families which did integrate and do not adapt to OUR way of living as at this moment, the healt, educational and financial security system is being undermined by people flooding in from Arab and East European countries, having a culture of NO NO NO to education, retarded opinions on rights of women and young adults, a failure to separate religeon and politics. Which is, I shouldn't have to tell, a dangerous cocktail when this cocktail is located within a country wich is having money and in which people believe in common sence.

Basically, the only European country which did the right thing was Iceland : they did say a big "F**ck" you to the complete banking system and did let their main bank go bankrupt. And look where they are now.

Europe and a monetary union will only work when WE do build in fail safes that influence of criminals as Goldman Sachs and others is 100% prohibited.
Secondly, Europe should finally take care of allowing people to do research and publish results on ways of alternative means of generating energy.
Thirdly, Europe simply should refuse to bow for the US patent system when it comes to products which are only used within Europe. This will make local industry much less dependant on the corrupt US system within which the one waving with the biggest package of dollars in most cases gets the patent (dollars = dependant of Goldman Sachs, remember).
This will boost innovation in mechanical industry, energy, IT and pharmaceuticals... In the end, such a system would also seriously limit the power of the current banksters (or should I say gangsters), potentially ending up in a complete break down of their power if ever it should be proven that a system completely independant and out of the influence of the current banking world would work.

And just to end this long post : When Europe fails, OP, this also means that one of the last chances for people in the US to get a voice will cease to exist. As when it comes that far that Europe comes 100% dependant of the banksters, no alternatives will be allowed anymore. And when alternatives should arise, they will be muted asap. At that point, we effectively will enter the NWO which a lot of people have been talking about for the last years.

(oh, and just FYI, don't count on any other economic giants to turn the tide : Japan and the whole east is a fail, China is just waiting until Europe/US fail. Brazil is playing the game of wait and see and will form a block with other South American economies in stead of helping out US. And Russia, yeah, that's the big unknown. But if I am right, they won't be able to help a lot.


And the next step after financial collapse of US and Europe and unification of US and Europe on financial and political level : WAR. As European and US military power will align. And then it will be dependant on the threat which region they'll wage war to : it will be the Arab world if they are desperate in need of oil, or fear a nuclear Iran. Or it will be the Asian region when there's a risk this economy will recover and pose a potential threat to the NWO.


And now : start raiiiiiiising the BS flags on my posts
 Quoting: Anonymous Coward 1505703


clappa
top post!!
Anonymous 1505703 for president of the EU!
Anonymous Coward
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Belgium
05/18/2012 02:01 PM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
bump
Anonymous Coward
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Belgium
05/18/2012 02:04 PM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
A 5 star thread dropping down to page 3 after containing only posts that make sense. Did it get too complicate for the average glp visitor? Has been slightly different in the past...
insertfunnyusername

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Greece
05/18/2012 02:13 PM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
A 5 star thread dropping down to page 3 after containing only posts that make sense. Did it get too complicate for the average glp visitor? Has been slightly different in the past...
 Quoting: Anonymous Coward 1505703


No doom when you explain things rationally, so it's kind of a put off.
Anonymous Coward
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Belgium
05/18/2012 02:36 PM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
No Doom???

Just think about the consequences :
Finiancial collapse, NWO, freedom of speech gone (if not freedom in general), 100% dependant on (g)ban(g)ksters,
war, riots,...
Bottomline : scenarios such as in Egypt, Libya, Syria ported to the Western world
insertfunnyusername

User ID: 16046432
Greece
05/18/2012 02:39 PM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
No Doom???

Just think about the consequences :
Finiancial collapse, NWO, freedom of speech gone (if not freedom in general), 100% dependant on (g)ban(g)ksters,
war, riots,...
Bottomline : scenarios such as in Egypt, Libya, Syria ported to the Western world
 Quoting: Anonymous Coward 1505703


Ha ha!
I know mate. I agree with you that this is a very good thread with some very valid points raised.
Just saying that the average GLPer wants things more messy and bloody.
Anonymous Coward
User ID: 1505703
Belgium
05/18/2012 03:29 PM
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Re: Goldman Sachs to review troubled Spanish bank "Bankia"
bump

A bump for this minority who are interested in REAL facts which can result in REAL doom, to the contrary of most wannabe doom threads here

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