Back on July 3, we made an explicit and very simple prediction: "now that the natural succession path at the BOE has been terminally derailed, it brings up those two other gentlemen already brought up previously as potential future heads of the BOE, both of whom just happened to work, or still do, at... Goldman Sachs: Canada's Mark Carney or Goldman's Jim O'Neil. Granted both have denied press speculation they will replace Mervyn King, but it's not like it would be the first time a banker lied to anyone now, would it (and makes one wonder if this whole affair was not merely orchestrated by the Squid from the get go... but no, that would be a 'conspiracy theory'.)" We are, once again, 100% correct, and have beaten all the bookie odds which had Tucker as a favorite and Mark Carney as along odds outsider. Pity: all one needs to realize and remember how the events in the world play out is to remember one simple thing: GOLDMAN SACHS RUNS IT. Everything else is secondary.
As we expected months ago, it has just been confirmed.
•MARK CARNEY NAMED AS NEXT BANK OF ENGLAND GOVERNOR
•OSBORNE: CARNEY WILL BRING FRESH PERSPECTIVE
•OSBORNE: CARNEY WON'T COMMENT ON U.K. POLICY BEFORE TAKING POST
•BANK OF CANADA GOVERNOR CARNEY SAYS HONORED TO ACCEPT BOE ROLE
•OSBORNE SAYS U.K. NEEDS `THE VERY BEST' AT THIS TIME
•OSBORNE SAYS CARNEY IS BEST, MOST EXPERIENCED CANDIDATE
And as we showed back on July 26...
[link to www.zerohedge.com